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Harmony Acquisitions (TSXV:MONY.P) FCF Yield % : -23.79 (As of Jun. 05, 2024)


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What is Harmony Acquisitions FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Harmony Acquisitions's Trailing 12-Month Free Cash Flow is C$-0.06 Mil, and Market Cap is C$0.25 Mil. Therefore, Harmony Acquisitions's FCF Yield % for today is -23.79%.

The historical rank and industry rank for Harmony Acquisitions's FCF Yield % or its related term are showing as below:

TSXV:MONY.P' s FCF Yield % Range Over the Past 10 Years
Min: -29.03   Med: 0   Max: 0
Current: -23.79


TSXV:MONY.P's FCF Yield % is ranked worse than
90.08% of 625 companies
in the Diversified Financial Services industry
Industry Median: -1.47 vs TSXV:MONY.P: -23.79

Harmony Acquisitions's FCF Margin % for the quarter that ended in Mar. 2024 was 0.00%.


Harmony Acquisitions FCF Yield % Historical Data

The historical data trend for Harmony Acquisitions's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Harmony Acquisitions FCF Yield % Chart

Harmony Acquisitions Annual Data
Trend Jun21 Jun22 Jun23
FCF Yield %
- -29.35 -30.87

Harmony Acquisitions Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -36.55 -14.74 -9.21 -10.55 -53.04

Competitive Comparison of Harmony Acquisitions's FCF Yield %

For the Shell Companies subindustry, Harmony Acquisitions's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Harmony Acquisitions's FCF Yield % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Harmony Acquisitions's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Harmony Acquisitions's FCF Yield % falls into.



Harmony Acquisitions FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Harmony Acquisitions's FCF Yield % for the fiscal year that ended in Jun. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-0.067 / 0.2170455
=-30.87%

Harmony Acquisitions's annualized FCF Yield % for the quarter that ended in Mar. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-0.037 * 4 / 0.2790585
=-53.04%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Harmony Acquisitions FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Harmony Acquisitions FCF Yield % Related Terms

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Harmony Acquisitions (TSXV:MONY.P) Business Description

Traded in Other Exchanges
N/A
Address
550 Burrard Street, Suite 2300, Bentall 5, Vancouver, BC, CAN, V6C 2B5
Website
Harmony Acquisitions Corp is a capital pool company. The principal business of the Company is the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction (QT).

Harmony Acquisitions (TSXV:MONY.P) Headlines

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