Independent Bank (INDB) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Independent Bank (INDB) has a cash flow conversion efficiency ratio of 0.033x as of March 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 ($118.02 Million) by net assets ($3.54 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See net asset quality index of Independent Bank to measure how much of total assets are equity-financed.
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. Check Independent Bank cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Royal Unibrew A/S
CO:RBREW
|
-0.028x |
|
GEPIC Energy Development Co Ltd
SHE:000791
|
0.102x |
|
VALLOUREC ADR 1/5/EO 2
F:VACE
|
0.097x |
|
Isupetasys
KO:007660
|
0.066x |
|
Offshore Oil Engineering Co Ltd
SHG:600583
|
0.038x |
|
China Minsheng Banking Corp. Ltd
F:GHFH
|
-0.001x |
|
Sime Darby Bhd
KLSE:4197
|
0.065x |
|
MANDARIN ORIENTAL DL-05
F:1C4
|
0.007x |
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. For the full company profile with market capitalisation and key ratios, see Independent Bank market capitalisation.
| 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