Canna Global Acquisition Corp (CNGL) — Cash Flow-to-Debt Ratio

Latest as of March 2024: -0.03x

Canna Global Acquisition Corp (CNGL) has a Cash Flow-to-Debt Ratio of -0.03x as of March 2024, meaning its operating cash flow of $-403.26K could theoretically repay 0% of its total liabilities ($11.85 Million) in one year. See CNGL free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.

CF-to-Debt Ratio

-0.03x
Operating CF / Total Liabilities

Operating Cash Flow

$-403.26K
USD

Total Liabilities

$11.85 Million
USD

Data as of

Mar 2024
Most recent filing

Canna Global Acquisition Corp Cash Flow-to-Debt Ratio (2021–2023)

Historical debt coverage capacity for Canna Global Acquisition Corp across 3 annual periods. For the full cash flow conversion analysis, see CNGL cash flow conversion.

Annual Cash Flow-to-Debt Ratio for Canna Global Acquisition Corp (2021–2023)

Year-by-year debt coverage analysis for Canna Global Acquisition Corp. Check Canna Global Acquisition Corp (CNGL) cash flow quality to evaluate the quality of earnings relative to operating cash generation.

Year CF-to-Debt Ratio Operating CF (USD) Total Liabilities YoY Change
2023 -0.13x $-1.52 Million $11.44 Million ▼ -95.0%
2022 -0.07x $-638.10K $9.36 Million ▼ -103.2%
2021 -0.03x $-279.02K $8.32 Million
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.