IMAC Holdings Inc (BACK) - Cash Flow Conversion Efficiency
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.
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. Read BACK total liabilities for a breakdown of total debt and financial obligations.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
LORDS CO. WORLDW. HOLD.
F:4XM
|
N/A |
|
Cerinnov Group SA
PA:ALPCV
|
0.999x |
|
Safe Orthopaedics SA
PA:ALSAF
|
0.098x |
|
Block Energy PLC
LSE:BLOE
|
0.007x |
|
Zoo Digital Group Plc
LSE:ZOO
|
0.019x |
|
Inspired Plc
LSE:INSE
|
0.109x |
|
Empresaria Group plc
LSE:EMR
|
0.154x |
|
Reabold Resources Plc
LSE:RBD
|
-0.032x |
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. For the full company profile with market capitalisation and key ratios, see IMAC Holdings Inc stock valuation.
| 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
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.