Hanover Bancorp Inc (HNVR) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Hanover Bancorp Inc (HNVR) has a cash flow conversion efficiency ratio of -0.012x as of March 2026. 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 ($-2.51 Million) by net assets ($201.44 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Hanover Bancorp Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Hanover Bancorp Inc - Cash Flow Conversion Efficiency Trend (2018–2025)
This chart illustrates how Hanover Bancorp Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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 |
|---|---|
|
IZMO Limited
NSE:IZMO
|
0.009x |
|
Pt Pakuan Tbk
JK:UANG
|
0.050x |
|
Core Molding Technologies Inc
NYSE MKT:CMT
|
0.032x |
|
BAPCOR LTD.
F:0BS
|
N/A |
|
BioInvent International AB
ST:BINV
|
0.082x |
|
LWSABAH
KLSE:5328
|
N/A |
|
West Wits Mining Ltd
AU:WWI
|
-0.096x |
|
Eugene Corporation
KQ:023410
|
-0.005x |
Annual Cash Flow Conversion Efficiency for Hanover Bancorp Inc (2018–2025)
The table below shows the annual cash flow conversion efficiency of Hanover Bancorp Inc from 2018 to 2025. For the full company profile with market capitalisation and key ratios, see Hanover Bancorp Inc stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-09-30 | $200.27 Million | $13.05 Million | 0.065x | +117.23% |
| 2024-09-30 | $196.64 Million | $5.90 Million | 0.030x | -66.19% |
| 2023-09-30 | $184.83 Million | $16.40 Million | 0.089x | -38.86% |
| 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 | -- |
About 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. It offers a full-service bank providing personal and business lending and deposit services. The company offers checking, savings, money market, time deposit, NOW, and individual retirement accounts… Read more