Independent Bank Corporation Cash Flow Conversion Efficiency
Independent Bank Corporation cash flow conversion efficiency. Based on the latest financial reports, Independent Bank Corporation (IBCP) has a cash flow conversion efficiency ratio of 0.040x as of June 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 ($20.97 Million) by net assets ($528.41 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 Independent Bank Corporation (1989–2025)
Cash flow conversion efficiency of Independent Bank Corporation from 1989 to 2025. This chart illustrates how Independent Bank Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of Independent Bank Corporation for real-time trading data and today's change.
Independent Bank Corporation Cash Flow Conversion Ratio Explained
Independent Bank Corporation 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.
Independent Bank Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Independent Bank Corporation ranked by their cash flow conversion efficiency. Also see IBCP market cap for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Doosan Pref Shs
KO:000155
|
0.010x |
|
Bowman Consulting Group Ltd
NASDAQ:BWMN
|
-0.031x |
|
Jilin Yatai Group Co Ltd
SHG:600881
|
0.038x |
|
Hengerda New Materials (Fujian) Co. Ltd.
SHE:300946
|
N/A |
|
Catapult Group International Ltd
AU:CAT
|
0.334x |
|
Magic Software Enterprises Ltd
TA:MGIC
|
0.064x |
|
China Railway Signal & Communication Corporation Limited
F:RS3
|
0.008x |
|
Beken Corp
SHG:603068
|
0.013x |
Annual Cash Flow Conversion Efficiency for Independent Bank Corporation (1989–2025)
The table below shows the annual cash flow conversion efficiency of Independent Bank Corporation from 1989 to 2025. Review Independent Bank Corporation 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 |
|---|---|---|---|---|
| 2025-12-31 | $502.95 Million | $76.66 Million | 0.152x | +9.75% |
| 2024-12-31 | $454.69 Million | $63.15 Million | 0.139x | -25.69% |
| 2023-12-31 | $404.45 Million | $75.59 Million | 0.187x | -31.35% |
| 2022-12-31 | $347.60 Million | $94.63 Million | 0.272x | +1035.85% |
| 2021-12-31 | $4.60 Billion | $110.15 Million | 0.024x | +67.26% |
| 2020-12-31 | $4.10 Billion | $58.68 Million | 0.014x | -85.45% |
| 2019-12-31 | $350.17 Million | $34.49 Million | 0.099x | -25.67% |
| 2018-12-31 | $338.99 Million | $44.92 Million | 0.133x | -9.07% |
| 2017-12-31 | $264.93 Million | $38.61 Million | 0.146x | +53.06% |
| 2016-12-31 | $248.98 Million | $23.70 Million | 0.095x | +4.59% |
| 2015-12-31 | $251.09 Million | $22.86 Million | 0.091x | +74.35% |
| 2014-12-31 | $250.37 Million | $13.07 Million | 0.052x | -76.78% |
| 2013-12-31 | $231.58 Million | $52.07 Million | 0.225x | +3.25% |
| 2012-12-31 | $134.97 Million | $29.39 Million | 0.218x | -36.88% |
| 2011-12-31 | $102.63 Million | $35.41 Million | 0.345x | +1743.45% |
| 2010-12-31 | $119.08 Million | $-2.50 Million | -0.021x | -152.72% |
| 2009-12-31 | $109.86 Million | $4.38 Million | 0.040x | -62.62% |
| 2008-12-31 | $194.88 Million | $20.76 Million | 0.107x | +60.91% |
| 2007-12-31 | $269.07 Million | $17.81 Million | 0.066x | -23.12% |
| 2006-12-31 | $258.17 Million | $22.23 Million | 0.086x | -55.78% |
| 2005-12-31 | $248.26 Million | $48.35 Million | 0.195x | +5.27% |
| 2004-12-31 | $230.29 Million | $42.60 Million | 0.185x | -78.75% |
| 2003-12-31 | $160.65 Million | $139.86 Million | 0.871x | +923.55% |
| 2002-12-31 | $138.05 Million | $-14.59 Million | -0.106x | +33.34% |
| 2001-12-31 | $131.90 Million | $-20.92 Million | -0.159x | -166.05% |
| 2000-12-31 | $128.34 Million | $30.81 Million | 0.240x | -40.92% |
| 1999-12-31 | $113.70 Million | $46.20 Million | 0.406x | +477.31% |
| 1998-12-31 | $117.00 Million | $-12.60 Million | -0.108x | -183.22% |
| 1997-12-31 | $59.50 Million | $7.70 Million | 0.129x | -41.71% |
| 1996-12-31 | $51.80 Million | $11.50 Million | 0.222x | +21.33% |
| 1995-12-31 | $47.00 Million | $8.60 Million | 0.183x | -26.99% |
| 1994-12-31 | $40.30 Million | $10.10 Million | 0.251x | +24.28% |
| 1993-12-31 | $36.20 Million | $7.30 Million | 0.202x | +220.64% |
| 1992-12-31 | $31.80 Million | $2.00 Million | 0.063x | -72.91% |
| 1991-12-31 | $28.00 Million | $6.50 Million | 0.232x | +73.76% |
| 1990-12-31 | $24.70 Million | $3.30 Million | 0.134x | -33.78% |
| 1989-12-31 | $22.80 Million | $4.60 Million | 0.202x | -- |
About Independent Bank Corporation
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides banking services in the United States. The company offers demand deposits, interest checking, money market accounts, savings accounts, and time certificates of deposit, including free checking accounts. It also provides consumer loans that consists of real estate loans comprising residential mortg… Read more