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.
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. Read 211050 current and long-term liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
ROUTE MOBILE LIMITED
NSE:ROUTE
|
0.017x |
|
K Car Co Ltd
KO:381970
|
0.197x |
|
Zhejiang Linuo Flow Control Techno
SHE:300838
|
-0.068x |
|
Oriental Union Chemical Corp
TW:1710
|
0.008x |
|
Banvit Bandirma Vitaminli Yem Sanayi AS
IS:BANVT
|
-0.067x |
|
Hangzhou IECHO Science & Technology Co. Ltd. A
SHG:688092
|
0.061x |
|
Zhejiang Dilong New Material Co Ltd
SHE:002247
|
0.021x |
|
Lycopodium Ltd
AU:LYL
|
0.128x |
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