Independent Bank Corporation (IBCP) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Independent Bank Corporation (IBCP) has a cash flow conversion efficiency ratio of 0.037x 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 ($18.20 Million) by net assets ($490.74 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Independent Bank Corporation (IBCP) balance sheet quality index to measure how much of total assets are equity-financed.
Independent Bank Corporation - Cash Flow Conversion Efficiency Trend (1989–2024)
This chart illustrates how Independent Bank Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Independent Bank Corporation earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Surge Energy Inc.
TO:SGY
|
0.086x |
|
Chongqing Changan Automobile Co Ltd
SHE:200625
|
-0.065x |
|
Salfacorp
SN:SALFACORP
|
0.128x |
|
Sunway Co Ltd
SHG:603333
|
0.095x |
|
Plato Income Maximiser Ltd
AU:PL8
|
0.027x |
|
China Resources and Environment Co Ltd
SHG:600217
|
0.199x |
|
UEM Sunrise Bhd
KLSE:5148
|
-0.002x |
|
Fidus Investment Corp
NASDAQ:FDUS
|
0.018x |
Annual Cash Flow Conversion Efficiency for Independent Bank Corporation (1989–2024)
The table below shows the annual cash flow conversion efficiency of Independent Bank Corporation from 1989 to 2024. For the full company profile with market capitalisation and key ratios, see IBCP market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 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