Incar Financial Service Co. Ltd. (211050) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Incar Financial Service Co. Ltd. (211050) has a cash flow conversion efficiency ratio of 0.307x as of September 2025. 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 (₩61.40 Billion ≈ $41.61 Million USD) by net assets (₩199.88 Billion ≈ $135.46 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See defensive interval ratio of Incar Financial Service Co. Ltd. to measure how many days the company can operate on defensive assets alone.
Incar Financial Service Co. Ltd. - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Incar Financial Service Co. Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.
Incar Financial Service Co. Ltd. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Incar Financial Service Co. Ltd. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
MPS Limited
NSE:MPSLTD
|
0.176x |
|
Alandsbanken Abp A
HE:ALBAV
|
0.054x |
|
Beijing ZEHO Waterfront Ecological Environment Treatment Co Ltd
SHG:605069
|
-0.050x |
|
Jiangsu Wanlin Modern Logistic
SHG:603117
|
0.017x |
|
Cogstate Ltd
AU:CGS
|
0.235x |
|
Thinkingdom Media Group Ltd
SHG:603096
|
0.015x |
|
Shandong Zhangqiu Blower Co Ltd
SHE:002598
|
-0.016x |
|
Yuen Foong Yu Consumer Prod
TW:6790
|
0.071x |
Annual Cash Flow Conversion Efficiency for Incar Financial Service Co. Ltd. (2016–2024)
The table below shows the annual cash flow conversion efficiency of Incar Financial Service Co. Ltd. from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see 211050 market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ₩148.33 Billion ≈ $100.52 Million |
₩75.60 Billion ≈ $51.23 Million |
0.510x | +466.98% |
| 2023-12-31 | ₩96.75 Billion ≈ $65.57 Million |
₩8.70 Billion ≈ $5.89 Million |
0.090x | +836.91% |
| 2022-12-31 | ₩73.41 Billion ≈ $49.75 Million |
₩-895.49 Million ≈ $-606.86K |
-0.012x | +7.92% |
| 2021-12-31 | ₩41.48 Billion ≈ $28.11 Million |
₩-549.50 Million ≈ $-372.39K |
-0.013x | -104.34% |
| 2020-12-31 | ₩25.08 Billion ≈ $17.00 Million |
₩7.66 Billion ≈ $5.19 Million |
0.306x | -61.30% |
| 2019-12-31 | ₩13.82 Billion ≈ $9.37 Million |
₩10.91 Billion ≈ $7.39 Million |
0.789x | +52.22% |
| 2018-12-31 | ₩10.91 Billion ≈ $7.40 Million |
₩5.66 Billion ≈ $3.84 Million |
0.519x | +190.35% |
| 2017-12-31 | ₩-8.99 Billion ≈ $-6.09 Million |
₩5.16 Billion ≈ $3.50 Million |
-0.574x | -1400.37% |
| 2016-12-31 | ₩12.73 Billion ≈ $8.63 Million |
₩-487.08 Million ≈ $-330.09K |
-0.038x | -- |
About Incar Financial Service Co. Ltd.
INCAR FINANCIAL SERVICE Co., Ltd. operates as an independent insurance agency in South Korea. The company offers non-life, life, general, and automobile insurance products. It also provides software development, and other financial consulting services. The company was formerly known as Incar Insu Co., Ltd. and changed its name to INCAR FINANCIAL SERVICE Co., Ltd. in July 2014. The company was fou… Read more