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Bite Acquisition (Bite Acquisition) FCF Yield % : -2.16 (As of Jun. 20, 2024)


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What is Bite Acquisition 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, Bite Acquisition's Trailing 12-Month Free Cash Flow is $-1.66 Mil, and Market Cap is $76.55 Mil. Therefore, Bite Acquisition's FCF Yield % for today is -2.16%.

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

BITE' s FCF Yield % Range Over the Past 10 Years
Min: -2.69   Med: 0   Max: 0
Current: -2.16


BITE's FCF Yield % is ranked worse than
55.27% of 617 companies
in the Diversified Financial Services industry
Industry Median: -1.66 vs BITE: -2.16

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


Bite Acquisition FCF Yield % Historical Data

The historical data trend for Bite Acquisition'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.

Bite Acquisition FCF Yield % Chart

Bite Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
FCF Yield %
- -0.38 -1.13 -1.49

Bite Acquisition Quarterly Data
Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only -1.23 -2.51 -1.01 -1.26 -2.75

Competitive Comparison of Bite Acquisition's FCF Yield %

For the Shell Companies subindustry, Bite Acquisition'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.


Bite Acquisition's FCF Yield % Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Bite Acquisition's FCF Yield % falls into.



Bite Acquisition 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.

Bite Acquisition's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-1.341 / 90.2075262
=-1.49%

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

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-0.589 * 4 / 85.7924925
=-2.75%

* 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.


Bite Acquisition 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.


Bite Acquisition FCF Yield % Related Terms

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Bite Acquisition (Bite Acquisition) Business Description

Traded in Other Exchanges
Address
30 West Street, No. 28 F, New York, NY, USA, 10004
Bite Acquisition Corp is a blank check company.
Executives
Julia A Stewart director 4551 WEST 107TH STREET STE 100, C/O APPLEBEES INTERNATIONAL INC, OVERLAND PARK KS 66207
Joseph C. Essa director C/O BITE ACQUISITION CORP., 30 WEST STREET, NO. 28F, NEW YORK NY 10004
Smart Dine, Llc 10 percent owner 30 WEST STREET, NO. 28F, NEW YORK NY 10004
Axel Molet Warschawski officer: Chief Financial Officer C/O BITE ACQUISITION CORP., 30 WEST STREET, NO. 28F, NEW YORK NY 10004
Randall Hiatt director C/O BITE ACQUISITION CORP., 30 WEST STREET, NO. 28F, NEW YORK NY 10004
Alberto Ardura Gonzalez director, officer: Chief Executive Officer C/O BITE ACQUISITION CORP., 30 WEST STREET, NO. 28F, NEW YORK NY 10004
Gomez Rafael Felipe De Jesus Aguirre director C/O BITE ACQUISITION CORP., 30 WEST STREET, NO. 28F, NEW YORK NY 10004