Financiera Independencia S.A.B. de C.V. SOFOM E.N.R (FINDEP) - Cash Flow Conversion Efficiency

Latest as of December 2024: 0.080x

Based on the latest financial reports, Financiera Independencia S.A.B. de C.V. SOFOM E.N.R (FINDEP) has a cash flow conversion efficiency ratio of 0.080x as of December 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 (MX$503.49 Million ≈ $28.98 Million USD) by net assets (MX$6.26 Billion ≈ $360.14 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 debt-free asset ratio of Financiera Independencia S.A.B. de C.V. to measure how much of total assets are equity-financed.

Financiera Independencia S.A.B. de C.V. SOFOM E.N.R - Cash Flow Conversion Efficiency Trend (2013–2024)

This chart illustrates how Financiera Independencia S.A.B. de C.V. SOFOM E.N.R's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check cash flow quality index of Financiera Independencia S.A.B. de C.V. to evaluate the quality of earnings relative to operating cash generation.

Financiera Independencia S.A.B. de C.V. SOFOM E.N.R Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Financiera Independencia S.A.B. de C.V. SOFOM E.N.R ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Kee Tai Properties Co Ltd TW:2538	-0.013x
Cango Inc NYSE:CANG	-0.529x
Chialin Precision Industrial Co Ltd TWO:3310	-0.028x
Chunil Express KO:000650	0.001x
Rhinebeck Bancorp Inc NASDAQ:RBKB	0.020x
Microvision Inc NASDAQ:MVIS	-0.388x
Barem Ambalaj Sanayi ve Ticaret a.s. IS:BARMA	0.232x
Selectquote Inc NYSE:SLQT	0.074x

Annual Cash Flow Conversion Efficiency for Financiera Independencia S.A.B. de C.V. SOFOM E.N.R (2013–2024)

The table below shows the annual cash flow conversion efficiency of Financiera Independencia S.A.B. de C.V. SOFOM E.N.R from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see FINDEP company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	MX$6.26 Billion ≈ $360.14 Million	MX$647.27 Million ≈ $37.25 Million	0.103x	-17.12%
2023-12-31	MX$5.31 Billion ≈ $305.67 Million	MX$662.86 Million ≈ $38.15 Million	0.125x	-31.10%
2022-12-31	MX$4.74 Billion ≈ $272.78 Million	MX$858.55 Million ≈ $49.41 Million	0.181x	+354.89%
2021-12-31	MX$4.45 Billion ≈ $256.35 Million	MX$-316.55 Million ≈ $-18.22 Million	-0.071x	-162.39%
2020-12-31	MX$4.05 Billion ≈ $233.13 Million	MX$461.38 Million ≈ $26.55 Million	0.114x	+230.62%
2019-12-31	MX$4.32 Billion ≈ $248.35 Million	MX$148.66 Million ≈ $8.56 Million	0.034x	+179.96%
2018-12-31	MX$4.25 Billion ≈ $244.42 Million	MX$52.26 Million ≈ $3.01 Million	0.012x	+561.72%
2017-12-31	MX$4.22 Billion ≈ $242.88 Million	MX$7.85 Million ≈ $451.65K	0.002x	+199.72%
2016-12-31	MX$4.05 Billion ≈ $233.09 Million	MX$-7.55 Million ≈ $-434.68K	-0.002x	-104.61%
2015-12-31	MX$3.76 Billion ≈ $216.20 Million	MX$151.82 Million ≈ $8.74 Million	0.040x	+64.59%
2014-12-31	MX$3.50 Billion ≈ $201.66 Million	MX$86.03 Million ≈ $4.95 Million	0.025x	-69.01%
2013-12-31	MX$3.08 Billion ≈ $177.35 Million	MX$244.17 Million ≈ $14.05 Million	0.079x	--

About Financiera Independencia S.A.B. de C.V. SOFOM E.N.R

MX:FINDEP Mexico Credit Services

Market Cap

$132.85 Million

MX$2.31 Billion MXN

Market Cap Rank

#18078 Global

#121 in Mexico

Share Price

MX$6.84

Change (1 day)

-1.58%

52-Week Range

MX$6.84 - MX$9.01

All Time High

MX$10.49