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Axe2 Acquisitions (TSXV:AXET.P) FCF Yield % : -46.45 (As of Jun. 19, 2024)


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What is Axe2 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, Axe2 Acquisitions's Trailing 12-Month Free Cash Flow is C$-0.14 Mil, and Market Cap is C$0.31 Mil. Therefore, Axe2 Acquisitions's FCF Yield % for today is -46.45%.

The historical rank and industry rank for Axe2 Acquisitions's FCF Yield % or its related term are showing as below:

TSXV:AXET.P' s FCF Yield % Range Over the Past 10 Years
Min: -63.55   Med: 0   Max: 0
Current: -46.45


TSXV:AXET.P's FCF Yield % is not ranked
in the Diversified Financial Services industry.
Industry Median: -1.67 vs TSXV:AXET.P: -46.45

Axe2 Acquisitions's FCF Margin % for the quarter that ended in Mar. 2024 was 0.00%.


Axe2 Acquisitions FCF Yield % Historical Data

The historical data trend for Axe2 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.

Axe2 Acquisitions FCF Yield % Chart

Axe2 Acquisitions Annual Data
Trend Dec21 Dec22 Dec23
FCF Yield %
- -4.50 -47.68

Axe2 Acquisitions Quarterly Data
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 -45.02 -48.65 -14.52 -46.47 -11.62

Competitive Comparison of Axe2 Acquisitions's FCF Yield %

For the Shell Companies subindustry, Axe2 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.


Axe2 Acquisitions's FCF Yield % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Axe2 Acquisitions's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Axe2 Acquisitions's FCF Yield % falls into.



Axe2 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.

Axe2 Acquisitions's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-0.197 / 0.4131882
=-47.68%

Axe2 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
=-0.009 * 4 / 0.30989115
=-11.62%

* 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.


Axe2 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.


Axe2 Acquisitions FCF Yield % Related Terms

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Axe2 Acquisitions (TSXV:AXET.P) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
25 King Street West, 29th Floor, Toronto, ON, CAN, M5L1G3
Website
Axe2 Acquisitions Inc is a capital pool company.

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