FG Acquisition Corp.
FG Acquisition Corp. does not have significant operations. The company intends to effect an acquisition of one or more businesses or assets through a merger, amalgamation, arrangement, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination. It focuses on acquiring businesses in the financial services sector. The company was incorporated in 2021 an… Read more
FG Acquisition Corp. (FGAA-U) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.061x
Based on the latest financial reports, FG Acquisition Corp. (FGAA-U) has a cash flow conversion efficiency ratio of 0.061x as of June 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-1.34 Million) by net assets ($-21.85 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
FG Acquisition Corp. - Cash Flow Conversion Efficiency Trend (2021–2022)
This chart illustrates how FG Acquisition Corp.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
FG Acquisition Corp. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of FG Acquisition Corp. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Monroe Capital Corp
NASDAQ:MRCC
|
-0.011x |
|
CDA SA
WAR:CDA
|
N/A |
|
DIVIDEND 15 SPLIT A CD 15
F:641
|
N/A |
|
LIBERTY INACT-A
MU:LB3A
|
0.042x |
|
Forterra PLC
LSE:FORT
|
0.109x |
|
Galway Gold Inc
PINK:GAYGF
|
0.012x |
|
Testa Residencial SOCIMI S.A.
MC:YTST
|
N/A |
|
EASYJET (EJT1.SG)
STU:EJT1
|
N/A |
Annual Cash Flow Conversion Efficiency for FG Acquisition Corp. (2021–2022)
The table below shows the annual cash flow conversion efficiency of FG Acquisition Corp. from 2021 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $-13.47 Million | $824.87K | -0.061x | +100.00% |
| 2021-12-31 | $-119.00 | $824.87K | -6931.681x | -- |