Independent Bank Cash Flow Conversion Efficiency
Independent Bank 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.
Cash Flow Conversion Efficiency of Independent Bank (1991–2025)
Cash flow conversion efficiency of Independent Bank from 1991 to 2025. This chart illustrates how Independent Bank's cash flow conversion efficiency has evolved over time, based on yearly financial data. View INDB share price today for real-time trading data and today's change.
Independent Bank Cash Flow Conversion Ratio Explained
Independent Bank 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 Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Independent Bank ranked by their cash flow conversion efficiency. Also see how much is Independent Bank worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
VisEra Technologies Co. Ltd.
TW:6789
|
0.038x |
|
Sinomach Precision Industry Co Ltd
SHE:002046
|
-0.034x |
|
Mirion Technologies Inc
NYSE:MIR
|
0.031x |
|
Indivior PLC Ordinary Shares
NASDAQ:INDV
|
0.198x |
|
BBB Foods Inc.
NYSE:TBBB
|
0.266x |
|
Tango Therapeutics Inc
NASDAQ:TNGX
|
-0.038x |
|
Shijiazhuang Yiling Pharmaceutical Co Ltd
SHE:002603
|
0.041x |
|
Axiata Group Bhd
KLSE:6888
|
0.034x |
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. Review Independent Bank free cash flow generation 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 | $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