Performant Healthcare, Inc (PHLT) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Performant Healthcare, Inc (PHLT) has a cash flow conversion efficiency ratio of 0.005x as of June 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 ($430.00K) by net assets ($82.24 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Performant Healthcare, Inc - Cash Flow Conversion Efficiency Trend (2011–2024)
This chart illustrates how Performant Healthcare, Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read how much debt does Performant Healthcare, Inc carry for a breakdown of total debt and financial obligations.
Performant Healthcare, Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Performant Healthcare, Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
HANSEN TECHNOLOGIES LTD.
F:H2T
|
N/A |
|
Himalaya Shipping Ltd
OL:HSHP
|
0.114x |
|
Kura Sushi USA Inc
NASDAQ:KRUS
|
0.003x |
|
Puyang Huicheng Electronic Material Co Ltd
SHE:300481
|
0.024x |
|
Third Coast Bancshares, Inc.
NYSE:TCBX
|
0.039x |
|
Shandong Shengli Co Ltd
SHE:000407
|
0.029x |
|
Suzhou Sunmun Technology Co Ltd
SHE:300522
|
-0.011x |
|
Greenlam Industries Limited
NSE:GREENLAM
|
0.135x |
Annual Cash Flow Conversion Efficiency for Performant Healthcare, Inc (2011–2024)
The table below shows the annual cash flow conversion efficiency of Performant Healthcare, Inc from 2011 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Performant Healthcare, Inc worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $76.50 Million | $6.18 Million | 0.081x | +68.86% |
| 2023-12-31 | $80.71 Million | $3.86 Million | 0.048x | +240.45% |
| 2022-12-31 | $84.48 Million | $-2.88 Million | -0.034x | -406.42% |
| 2021-12-31 | $82.42 Million | $916.00K | 0.011x | -97.76% |
| 2020-12-31 | $41.98 Million | $20.81 Million | 0.496x | +272.35% |
| 2019-12-31 | $53.62 Million | $-15.42 Million | -0.288x | -82.82% |
| 2018-12-31 | $77.23 Million | $-12.15 Million | -0.157x | -524.90% |
| 2017-12-31 | $80.33 Million | $2.97 Million | 0.037x | -82.04% |
| 2016-12-31 | $86.25 Million | $17.78 Million | 0.206x | +19.68% |
| 2015-12-31 | $93.86 Million | $16.17 Million | 0.172x | -43.63% |
| 2014-12-31 | $91.17 Million | $27.87 Million | 0.306x | -62.93% |
| 2013-12-31 | $74.23 Million | $61.21 Million | 0.825x | -46.36% |
| 2012-12-31 | $24.07 Million | $37.01 Million | 1.537x | +125.62% |
| 2011-12-31 | $42.54 Million | $28.98 Million | 0.681x | -- |
About Performant Healthcare, Inc
Performant Healthcare, Inc. provides audit, recovery, and analytics services in the United States. It supports healthcare payers in identifying, preventing, and recovering waste and improper payments through advanced technology, analytics, and proprietary data assets. The company also offers coordination-of-benefits services, as well as claims-based services, which includes the audit and identifi… Read more