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Andretti Acquisition (Andretti Acquisition) FCF Yield % : -1.64 (As of May. 30, 2024)


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What is Andretti 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, Andretti Acquisition's Trailing 12-Month Free Cash Flow is $-3.04 Mil, and Market Cap is $185.57 Mil. Therefore, Andretti Acquisition's FCF Yield % for today is -1.64%.

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

WNNR' s FCF Yield % Range Over the Past 10 Years
Min: -2.83   Med: 0   Max: 0
Current: -1.64


WNNR's FCF Yield % is ranked worse than
50.08% of 623 companies
in the Diversified Financial Services industry
Industry Median: -1.64 vs WNNR: -1.64

Andretti Acquisition's FCF Margin % for the quarter that ended in Dec. 2023 was 0.00%.


Andretti Acquisition FCF Yield % Historical Data

The historical data trend for Andretti 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.

Andretti Acquisition FCF Yield % Chart

Andretti Acquisition Annual Data
Trend Dec21 Dec22 Dec23
FCF Yield %
- -0.65 -2.05

Andretti Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.26 -1.37 -1.51 -1.52 -0.80

Competitive Comparison of Andretti Acquisition's FCF Yield %

For the Shell Companies subindustry, Andretti 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.


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

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

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



Andretti 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.

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

FCF Yield %=Free Cash Flow / Market Cap
=-3.044 / 148.318976
=-2.05%

Andretti Acquisition's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-0.296 * 4 / 148.318976
=-0.80%

* 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.


Andretti 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.


Andretti Acquisition FCF Yield % Related Terms

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Andretti Acquisition (Andretti Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
7615 Zionsville Road, Indianapolis, IN, USA, 46268
Andretti Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
William Matthew Brown officer: See Remarks 331 N. MAIN ST., EULESS TX 76039
William J Sandbrook director, officer: See Remarks C/O U.S. CONCRETE, INC., 331 N. MAIN STREET, EULESS TX 76039
James W Keyes director 4500 WESTGROVE DR. SUITE 222, ADDISON TX 75001
Cassandra S. Lee director 7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268
Gerald D Putnam director 100 SOUTH WACKER DRIVE, SUITE 1800, CHICAGO IL 60606
Michael Andretti director, officer: See Remarks 4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Andretti Sponsor Llc director, 10 percent owner, officer: See Remarks 7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268
John J. Romanelli director 7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268
Zakary C. Brown director 7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268