TORCHMARK CORP
TORCHMARK CORP operates in Diversified Metals & Mining.
TORCHMARK CORP (TMJ) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.072x
Based on the latest financial reports, TORCHMARK CORP (TMJ) has a cash flow conversion efficiency ratio of 0.072x as of June 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 (€374.12 Million) by net assets (€5.23 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
TORCHMARK CORP - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how TORCHMARK CORP's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
TORCHMARK CORP Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of TORCHMARK CORP ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ELIA SYSTEM OP. - Dusseldorf Stock Exchang
DU:E4S
|
N/A |
|
New England Power Company PFD 6%
PINK:NEWEN
|
0.209x |
|
Route1 Inc
PINK:ROIUF
|
-0.683x |
|
Tantech Holdings Ltd
NASDAQ:TANH
|
-0.022x |
|
TRU Precious Metals Corp
OTCQB:TRUIF
|
-0.139x |
|
Spark I Acquisition Corp. Warrant
NASDAQ:SPKLW
|
-0.060x |
|
PT Klinko Karya Imaji Tbk
JK:KLIN
|
0.034x |
|
COCA-COLA BOTTLING
BE:CC5
|
0.211x |
Annual Cash Flow Conversion Efficiency for TORCHMARK CORP (2016–2023)
The table below shows the annual cash flow conversion efficiency of TORCHMARK CORP from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €4.49 Billion | €1.48 Billion | 0.330x | -8.25% |
| 2022-12-31 | €3.95 Billion | €1.42 Billion | 0.360x | +116.47% |
| 2021-12-31 | €8.64 Billion | €1.44 Billion | 0.166x | -1.18% |
| 2020-12-31 | €8.77 Billion | €1.48 Billion | 0.168x | -9.97% |
| 2019-12-31 | €7.29 Billion | €1.36 Billion | 0.187x | -20.75% |
| 2018-12-31 | €5.42 Billion | €1.28 Billion | 0.236x | +2.88% |
| 2017-12-31 | €6.23 Billion | €1.43 Billion | 0.229x | -25.12% |
| 2016-12-31 | €4.57 Billion | €1.40 Billion | 0.306x | -- |