Independent Bank (INDB) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Independent Bank (INDB) has a cash flow conversion efficiency ratio of 0.021x 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 ($73.40 Million) by net assets ($3.51 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see Independent Bank market capitalisation for the company's overall valuation and market capitalisation.
Independent Bank - Cash Flow Conversion Efficiency Trend (1991–2025)
This chart illustrates how Independent Bank's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Independent Bank Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Independent Bank ranked by their cash flow conversion efficiency. Explore INDB cash flow quality index to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Jiangsu Pacific Quartz Co Ltd
SHG:603688
|
-0.008x |
|
Turk Telekomunikasyon AS
IS:TTKOM
|
0.158x |
|
EO Technics Co. Ltd
KQ:039030
|
0.038x |
|
Banco del Bajío S.A. Institución de Banca Múltiple
MX:BBAJIOO
|
0.304x |
|
Asia Cement Corp
TW:1102
|
0.017x |
|
Yonghui Superstores Co Ltd
SHG:601933
|
-0.036x |
|
Haci Omer Sabanci Holding AS
IS:SAHOL
|
0.012x |
|
HMT(Xiamen)New Technical
SHG:603306
|
0.018x |
Annual Cash Flow Conversion Efficiency for Independent Bank (1991–2025)
The table below shows the annual cash flow conversion efficiency of Independent Bank from 1991 to 2025. View Independent Bank stock price for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $3.57 Billion | $251.16 Million | 0.070x | -8.30% |
| 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. It provides interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. The company also offers commercial real estate and cons… Read more