Independent Bank (INDB) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Independent Bank (INDB) has a cash flow conversion efficiency ratio of 0.015x 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 ($52.16 Million) by net assets ($3.55 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Independent Bank - Cash Flow Conversion Efficiency Trend (1991–2024)
This chart illustrates how Independent Bank's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read INDB total debt and obligations for a breakdown of total debt and financial obligations.
Independent Bank Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Independent Bank ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Taichung Commercial Bank Co Ltd
TW:2812
|
-0.105x |
|
ZoomInfo Technologies Inc
NASDAQ:ZI
|
0.070x |
|
Alignment Healthcare LLC
NASDAQ:ALHC
|
-0.281x |
|
DMG MORI AKTIENGESELLSCHAFT
XETRA:GIL
|
-0.023x |
|
China Film Co Ltd
SHG:600977
|
0.059x |
|
Spar Nord Bank
CO:SPNO
|
0.074x |
|
Banco del Bajío S.A. Institución de Banca Múltiple
MX:BBAJIOO
|
0.304x |
|
PJT Partners Inc
NYSE:PJT
|
0.275x |
Annual Cash Flow Conversion Efficiency for Independent Bank (1991–2024)
The table below shows the annual cash flow conversion efficiency of Independent Bank from 1991 to 2024. For the full company profile with market capitalisation and key ratios, see Independent Bank market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $2.99 Billion | $229.92 Million | 0.077x | -19.71% |
| 2023-12-31 | $2.90 Billion | $276.99 Million | 0.096x | -34.43% |
| 2022-12-31 | $2.89 Billion | $421.20 Million | 0.146x | +131.53% |
| 2021-12-31 | $3.02 Billion | $190.22 Million | 0.063x | +66.01% |
| 2020-12-31 | $1.70 Billion | $64.64 Million | 0.038x | +94.47% |
| 2019-12-31 | $11.09 Billion | $216.52 Million | 0.020x | -85.23% |
| 2018-12-31 | $1.07 Billion | $141.84 Million | 0.132x | -4.74% |
| 2017-12-31 | $943.81 Million | $130.91 Million | 0.139x | +28.50% |
| 2016-12-31 | $864.69 Million | $93.34 Million | 0.108x | -7.00% |
| 2015-12-31 | $771.46 Million | $89.54 Million | 0.116x | -17.67% |
| 2014-12-31 | $640.53 Million | $90.31 Million | 0.141x | -40.99% |
| 2013-12-31 | $591.54 Million | $141.34 Million | 0.239x | +187.74% |
| 2012-12-31 | $529.32 Million | $43.95 Million | 0.083x | -31.03% |
| 2011-12-31 | $469.06 Million | $56.47 Million | 0.120x | +12.63% |
| 2010-12-31 | $436.47 Million | $46.65 Million | 0.107x | +40.40% |
| 2009-12-31 | $412.65 Million | $31.42 Million | 0.076x | +5.17% |
| 2008-12-31 | $305.27 Million | $22.10 Million | 0.072x | -57.59% |
| 2007-12-31 | $220.47 Million | $37.63 Million | 0.171x | +17.61% |
| 2006-12-31 | $229.78 Million | $33.35 Million | 0.145x | -27.67% |
| 2005-12-31 | $228.15 Million | $45.78 Million | 0.201x | +118.84% |
| 2004-12-31 | $210.74 Million | $19.32 Million | 0.092x | -52.81% |
| 2003-12-31 | $219.70 Million | $42.69 Million | 0.194x | +72.60% |
| 2002-12-31 | $209.02 Million | $23.53 Million | 0.113x | -18.11% |
| 2001-12-31 | $208.59 Million | $28.67 Million | 0.137x | +29.94% |
| 2000-12-31 | $166.03 Million | $17.56 Million | 0.106x | -59.51% |
| 1999-12-31 | $126.88 Million | $33.15 Million | 0.261x | +40.30% |
| 1998-12-31 | $124.60 Million | $23.20 Million | 0.186x | +23.42% |
| 1997-12-31 | $121.30 Million | $18.30 Million | 0.151x | -18.97% |
| 1996-12-31 | $81.10 Million | $15.10 Million | 0.186x | -23.20% |
| 1995-12-31 | $72.60 Million | $17.60 Million | 0.242x | -14.95% |
| 1994-12-31 | $64.20 Million | $18.30 Million | 0.285x | +5.56% |
| 1993-12-31 | $57.40 Million | $15.50 Million | 0.270x | -6.99% |
| 1992-12-31 | $52.70 Million | $15.30 Million | 0.290x | -18.87% |
| 1991-12-31 | $31.30 Million | $11.20 Million | 0.358x | -- |
About Independent Bank
Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses in the United States. The company provides interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. It offers commercial real estate and construct… Read more