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 0.040x 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. Also see IBCP stock market capitalisation for the company's overall valuation and market capitalisation.
Independent Bank Corporation - Cash Flow Conversion Efficiency Trend (1989–2025)
This chart illustrates how Independent Bank Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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. Explore earnings quality score of Independent Bank Corporation to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Cita Mineral Investindo Tbk PT
JK:CITA
|
0.043x |
|
Jiangsu Canlon Building Materials Co Ltd
SHE:300715
|
0.003x |
|
PolyPeptide Group AG
SW:PPGN
|
0.150x |
|
Grocery Outlet Holding Corp
NASDAQ:GO
|
0.091x |
|
Guangdong LingXiao Pump Industry Co Ltd
SHE:002884
|
0.078x |
|
Solstad Offsho
OL:SOFF
|
0.234x |
|
Shenzhen Anche Technologies Co Ltd
SHE:300572
|
0.006x |
|
Mishra Dhatu Nigam Limited
NSE:MIDHANI
|
0.007x |
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. View Independent Bank Corporation (IBCP) share price today for real-time trading data and today's change.
| 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