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Provident Acquisition (Provident Acquisition) FCF Yield % : 0.00 (As of Jun. 15, 2024)


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What is Provident 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, Provident Acquisition's Trailing 12-Month Free Cash Flow is $-0.51 Mil, and Market Cap is $316.25 Mil. Therefore, Provident Acquisition's FCF Yield % for today is 0.00%.

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


PAQC's FCF Yield % is not ranked *
in the Diversified Financial Services industry.
Industry Median: -1.67
* Ranked among companies with meaningful FCF Yield % only.

Provident Acquisition's FCF Margin % for the quarter that ended in Jun. 2022 was 0.00%.


Provident Acquisition FCF Yield % Historical Data

The historical data trend for Provident 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.

Provident Acquisition FCF Yield % Chart

Provident Acquisition Annual Data
Trend Dec20 Dec21
FCF Yield %
- -0.39

Provident Acquisition Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
FCF Yield % Get a 7-Day Free Trial -0.07 -0.14 -0.10 -0.32 -0.16

Competitive Comparison of Provident Acquisition's FCF Yield %

For the Shell Companies subindustry, Provident 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.


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

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

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



Provident 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.

Provident Acquisition's FCF Yield % for the fiscal year that ended in Dec. 2021 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-1.109 / 283.1875
=-0.39%

Provident Acquisition's annualized FCF Yield % for the quarter that ended in Jun. 2022 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-0.114 * 4 / 283.1875
=-0.16%

* 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.


Provident 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.


Provident Acquisition FCF Yield % Related Terms

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Provident Acquisition (Provident Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
142 - 146 Queen’s Road Central, Unit 11C/D, Kimley Commercial Building, Hong Kong, HKG
Website
Provident Acquisition Corp is a blank check company.
Executives
Kenneth W Hitchner director C/O SAPPHIRE QI LI, ONE EXCHANGE SQUARE, 8 CONNAUGHT PLACE SUITE 3508, CENTRAL K3 00000
Andrew Joseph Hoffmann director UNIT 11C/D, KIMLEY COMMERCIAL BUILDING, 142-146 QUEEN'S ROAD CENTRAL, HONG KONG K3 00000
Winato Kartono director UNIT 11C/D, KIMLEY COMMERCIAL BUILDING, 142-146 QUEEN'S ROAD CENTRAL, HONG KONG K3 00000
Beng Michael Aw Soon director UNIT 11C/D, KIMLEY COMMERCIAL BUILDING, 142-146 QUEEN'S ROAD CENTRAL, HONG KONG K3 00000
Williamson John Mackay Mcculloch director UNIT 11C/D, KIMLEY COMMERCIAL BUILDING, 142-146 QUEEN'S ROAD CENTRAL, HONG KONG K3 00000
Charles Mark Broadley director UNIT 11C/D, KIMLEY COMMERCIAL BUILDING, 142-146 QUEEN'S ROAD CENTRAL, HONG KONG K3 00000
Provident Acquisition Holdings Ltd. director, 10 percent owner UNIT 11C/D, KIMLEY COMMERCIAL BUILDING, 142-146 QUEEN'S ROAD CENTRAL, HONG KONG K3 00000