Financiera Independencia S.A.B. de C.V. SOFOM E.N.R (FINDEP) - Cash Flow Conversion Efficiency
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 Financiera Independencia S.A.B. de C.V. (FINDEP) defensive interval to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Heran Co Ltd
TW:5283
|
0.153x |
|
i-SENS Inc
KQ:099190
|
-0.004x |
|
Dune Acquisition Corporation II Class A Ordinary Shares
NASDAQ:IPOD
|
0.000x |
|
Tri Ocean Textile Co Ltd
TW:1472
|
0.114x |
|
Temapol Polimer Plastik ve Insaat Sanayi Ticaret AS
IS:TMPOL
|
0.133x |
|
Lindsay Australia Ltd
AU:LAU
|
0.093x |
|
Kwangdong Phar
KO:009290
|
0.021x |
|
Eastern Communications Co Ltd B
SHG:900941
|
0.030x |
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 Financiera Independencia S.A.B. de C.V. market capitalisation.
| 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
Financiera Independencia S.A.B. de C.V. SOFOM E.N.R., a non-bank entity, offers micro-lending services in Mexico and the United States. The company provides unsecured loans to individuals with low income and minimum wage, informal sector, and mothers, as well as individuals with proven income as employees, self-employed, or independent contractors. It also offers consumer credit granting; adminis… Read more