IMAC Holdings Inc (BACK) - Cash Flow Conversion Efficiency

Latest as of December 2024: 0.228x

Based on the latest financial reports, IMAC Holdings Inc (BACK) has a cash flow conversion efficiency ratio of 0.228x 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 ($-1.10 Million) by net assets ($-4.80 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see BACK market cap for the company's overall valuation and market capitalisation.

IMAC Holdings Inc - Cash Flow Conversion Efficiency Trend (2016–2024)

This chart illustrates how IMAC Holdings Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.

IMAC Holdings Inc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of IMAC Holdings Inc ranked by their cash flow conversion efficiency. Explore BACK cash flow quality score to measure how well operating cash flow supports reported net income.

Company Cash Flow Conversion Efficiency
LORDS CO. WORLDW. HOLD.
F:4XM
N/A
Cerinnov Group SA
PA:ALPCV
0.999x
Mosman Oil and Gas Ltd
LSE:MSMN
-0.118x
Biosergen AS
ST:BIOSGN
-0.954x
Inspired Plc
LSE:INSE
0.109x
Ingenta plc
LSE:ING
0.104x
Matahari Department Store Tbk
JK:LPPF
0.688x
REVEZ CORPORATION LTD.
F:7IQ
N/A

Annual Cash Flow Conversion Efficiency for IMAC Holdings Inc (2016–2024)

The table below shows the annual cash flow conversion efficiency of IMAC Holdings Inc from 2016 to 2024. View current stock price of IMAC Holdings Inc for real-time trading data and today's change.

Year Net Assets Operating Cash Flow Cash Flow Conversion Efficiency Change
2024-12-31 $-6.39 Million $-414.04K 0.065x -98.25%
2023-12-31 $-752.65K $-2.79 Million 3.707x +267.50%
2022-12-31 $4.65 Million $-10.29 Million -2.213x -423.45%
2021-12-31 $17.95 Million $-7.59 Million -0.423x +44.88%
2020-12-31 $7.81 Million $-5.99 Million -0.767x -49.64%
2019-12-31 $7.94 Million $-4.07 Million -0.513x -211.47%
2018-12-31 $-3.93 Million $-1.81 Million 0.460x +118.04%
2017-12-31 $171.43K $-436.98K -2.549x -204.07%
2016-12-31 $1.05 Million $-880.59K -0.838x --

About IMAC Holdings Inc

NASDAQ:BACK USA Medical Care Facilities
Market Cap
$134.63K
Market Cap Rank
#31422 Global
#6324 in USA
Share Price
$0.04
Change (1 day)
+0.00%
52-Week Range
$0.04 - $0.04
All Time High
$210.30
About

IMAC Holdings, Inc. does not have significant operations. Previously, it owned and managed innovative medical advancements and care regeneration centers, and backspace clinics. The company was founded in 2000 and is headquartered in Brentwood, Tennessee.