INDEPENDENT BK
INDEPENDENT BK operates in Diversified Metals & Mining.
INDEPENDENT BK (IB6A) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.038x
Based on the latest financial reports, INDEPENDENT BK (IB6A) has a cash flow conversion efficiency ratio of 0.038x as of September 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€17.20 Million) by net assets (€452.37 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
INDEPENDENT BK - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how INDEPENDENT BK's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
INDEPENDENT BK Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of INDEPENDENT BK ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
OXFORD IND
BE:OXD
|
0.143x |
|
SCOR SE (SDRC.SG)
STU:SDRC
|
N/A |
|
CAQ Holdings Ltd
AU:CAQ
|
-0.001x |
|
Shoal Point Energy Ltd
PINK:SHPNF
|
0.032x |
|
STATOIL (DNQ.SG)
STU:DNQ
|
0.159x |
|
Sunindo Adipersada Tbk Pt
JK:TOYS
|
-0.001x |
|
Comjoyful International Company
PINK:KJFI
|
0.037x |
|
Able View Global Inc. Warrant
NASDAQ:ABLVW
|
-0.098x |
Annual Cash Flow Conversion Efficiency for INDEPENDENT BK (2016–2023)
The table below shows the annual cash flow conversion efficiency of INDEPENDENT BK from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €404.45 Million | €75.59 Million | 0.187x | -31.35% |
| 2022-12-31 | €347.60 Million | €94.63 Million | 0.272x | -1.51% |
| 2021-12-31 | €398.48 Million | €110.15 Million | 0.276x | +83.49% |
| 2020-12-31 | €389.52 Million | €58.68 Million | 0.151x | +55.25% |
| 2019-12-31 | €350.17 Million | €33.98 Million | 0.097x | -26.77% |
| 2018-12-31 | €338.99 Million | €44.92 Million | 0.133x | -9.07% |
| 2017-12-31 | €264.93 Million | €38.61 Million | 0.146x | +51.28% |
| 2016-12-31 | €248.98 Million | €23.98 Million | 0.096x | -- |