IMAC Holdings Inc Cash Flow Conversion Efficiency
IMAC Holdings Inc 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.
Cash Flow Conversion Efficiency of IMAC Holdings Inc (2016–2024)
Cash flow conversion efficiency of IMAC Holdings Inc from 2016 to 2024. This chart illustrates how IMAC Holdings Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of IMAC Holdings Inc for real-time trading data and today's change.
IMAC Holdings Inc Cash Flow Conversion Ratio Explained
IMAC Holdings Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see IMAC Holdings Inc (BACK) total market value for the company's overall valuation and market capitalisation.
| 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 |
|
Georgina Energy PLC
LSE:GEX
|
0.323x |
|
Inspired Plc
LSE:INSE
|
0.109x |
|
Altona Rare Earths PLC
LSE:REE
|
-0.125x |
|
Croma Security Solutions Group Plc
LSE:CSSG
|
0.003x |
|
Airea Plc
LSE:AIEA
|
0.025x |
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. Review IMAC Holdings Inc free cash flow ratio to assess how much free cash flow the company generates relative to operating cash flow.
| 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.