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 211050 equity to assets ratio to measure how much of total assets are equity-financed.
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. Check Incar Financial Service Co. Ltd. (211050) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Bijou Brigitte modische Accessoires Aktiengesellschaft
XETRA:BIJ
|
0.127x |
|
EUROSEAS LTD DL -01
F:2LE1
|
N/A |
|
Ausgold Ltd
AU:AUC
|
-0.012x |
|
Cogeco Inc.
TO:CGO
|
0.046x |
|
Qibu Co Ltd
SHG:603557
|
-0.263x |
|
Xiamen Goldenhome Co Ltd
SHG:603180
|
-0.071x |
|
Itcen Co. Ltd
KQ:124500
|
0.210x |
|
Zhejiang XinNong Chemical Co Ltd Class A
SHE:002942
|
0.047x |
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 market value of Incar Financial Service Co. Ltd..
| 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