Carter Bank and Trust (CARE) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Carter Bank and Trust (CARE) has a cash flow conversion efficiency ratio of 0.029x as of September 2025. 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 ($11.81 Million) by net assets ($412.84 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See operational self-sufficiency of Carter Bank and Trust to measure how many days the company can operate on defensive assets alone.
Carter Bank and Trust - Cash Flow Conversion Efficiency Trend (2007–2024)
This chart illustrates how Carter Bank and Trust's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Carter Bank and Trust Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Carter Bank and Trust ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Anhui Xinli Finance Co Ltd
SHG:600318
|
0.060x |
|
Hunan Hengguang Technology Co.Ltd.
SHE:301118
|
0.051x |
|
Zhuhai Rundu Pharmaceutical Co Ltd Class A
SHE:002923
|
0.036x |
|
CJ Corp 4P Pref
KO:00104K
|
0.102x |
|
YungShin Global Holding Corp
TW:3705
|
0.055x |
|
CCCG Real Estate Corp Ltd
SHE:000736
|
-0.314x |
|
Nanjing Huamai Tech Co Ltd
SHG:603042
|
-0.004x |
|
Global Medical REIT Inc.
NYSE:GMRE
|
0.035x |
Annual Cash Flow Conversion Efficiency for Carter Bank and Trust (2007–2024)
The table below shows the annual cash flow conversion efficiency of Carter Bank and Trust from 2007 to 2024. For the full company profile with market capitalisation and key ratios, see CARE market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $384.31 Million | $36.94 Million | 0.096x | -27.76% |
| 2023-12-31 | $351.24 Million | $46.73 Million | 0.133x | -38.24% |
| 2022-12-31 | $328.63 Million | $70.79 Million | 0.215x | +13.24% |
| 2021-12-31 | $407.60 Million | $77.54 Million | 0.190x | +986.91% |
| 2020-12-31 | $440.17 Million | $7.70 Million | 0.018x | -78.37% |
| 2019-12-31 | $473.11 Million | $38.29 Million | 0.081x | -28.55% |
| 2018-12-31 | $436.21 Million | $49.40 Million | 0.113x | +10.56% |
| 2017-12-31 | $432.13 Million | $44.26 Million | 0.102x | +36.34% |
| 2016-12-31 | $434.65 Million | $32.66 Million | 0.075x | -40.27% |
| 2015-12-31 | $426.55 Million | $53.66 Million | 0.126x | +14.14% |
| 2014-12-31 | $397.89 Million | $43.85 Million | 0.110x | +11.93% |
| 2013-12-31 | $374.94 Million | $36.92 Million | 0.098x | -20.96% |
| 2012-12-31 | $359.36 Million | $44.77 Million | 0.125x | +17.15% |
| 2011-12-31 | $339.52 Million | $36.10 Million | 0.106x | -21.43% |
| 2010-12-31 | $325.57 Million | $44.06 Million | 0.135x | +607.65% |
| 2009-12-31 | $310.80 Million | $5.94 Million | 0.019x | -72.71% |
| 2008-12-31 | $303.53 Million | $21.27 Million | 0.070x | -11.95% |
| 2007-12-31 | $292.42 Million | $23.27 Million | 0.080x | -- |
About Carter Bank and Trust
Carter Bankshares, Inc. operates as the bank holding company for Carter Bank & Trust that provides various retail and commercial banking products and insurance services in the United States. It offers various deposit products, including checking, savings, retirement, and money market accounts, as well as certificates of deposit. The company also provides commercial loans comprising secured and un… Read more