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. See how leveraged is Performant Healthcare, Inc's balance sheet to measure how much of total assets are equity-financed.
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. Check PHLT operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Granite Ridge Resources Inc
NYSE:GRNT
|
0.121x |
|
CTO Realty Growth Inc
NYSE:CTO
|
0.046x |
|
Wuhan Sanzhen Industry Holding Co Ltd
SHG:600168
|
0.023x |
|
Tai-Tech Advanced Electronics Co Ltd
TWO:3357
|
0.022x |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
-0.057x |
|
King-Strong New Material Technology Co Ltd
SHE:300629
|
-0.006x |
|
Adira Dinamika Multi Finance
JK:ADMF
|
0.067x |
|
Olvi Oyj A
HE:OLVAS
|
0.099x |
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 Performant Healthcare, Inc market capitalisation.
| 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