Hanover Bancorp Inc
Hanover Bancorp, Inc. operates as the bank holding company for Hanover Community Bank that provides banking products and services for small and medium-sized businesses, municipalities, and individuals. The company offers checking, savings, money market, time deposit, NOW, and individual retirement accounts, as well as certificates of deposit. It also provides residential and commercial real estat… Read more
Hanover Bancorp Inc (HNVR) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.014x
Based on the latest financial reports, Hanover Bancorp Inc (HNVR) has a cash flow conversion efficiency ratio of 0.014x 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 ($2.75 Million) by net assets ($201.83 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Hanover Bancorp Inc - Cash Flow Conversion Efficiency Trend (2018–2024)
This chart illustrates how Hanover Bancorp Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Hanover Bancorp Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hanover Bancorp Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Cogelec SA
PA:ALLEC
|
0.282x |
|
Atossa Therapeutics Inc
F:YAG2
|
-0.121x |
|
Openedges Tech Inc
KQ:394280
|
N/A |
|
Fenix Resources Limited
F:4ER
|
N/A |
|
Nordhealth AS
OL:NORDH
|
-0.008x |
|
LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock
NASDAQ:LUXHP
|
0.756x |
|
SPRINGFIELD PROP. LS-125
F:9MZ
|
N/A |
|
TRIFAST PLC LS-05
F:25D
|
N/A |
Annual Cash Flow Conversion Efficiency for Hanover Bancorp Inc (2018–2024)
The table below shows the annual cash flow conversion efficiency of Hanover Bancorp Inc from 2018 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-09-30 | $196.64 Million | $5.90 Million | 0.030x | -66.00% |
| 2023-09-30 | $185.91 Million | $16.40 Million | 0.088x | -39.22% |
| 2022-09-30 | $172.58 Million | $25.05 Million | 0.145x | +34.81% |
| 2021-09-30 | $122.53 Million | $13.19 Million | 0.108x | +1384.53% |
| 2020-09-30 | $78.04 Million | $566.00K | 0.007x | -93.44% |
| 2019-09-30 | $71.95 Million | $7.96 Million | 0.111x | +630.41% |
| 2018-09-30 | $525.47 Million | $7.96 Million | 0.015x | -- |