Southern States Bancshares Inc (SSBK) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Southern States Bancshares Inc (SSBK) has a cash flow conversion efficiency ratio of 0.033x as of March 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 ($9.61 Million) by net assets ($290.18 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Southern States Bancshares Inc balance sheet quality to measure how much of total assets are equity-financed.
Southern States Bancshares Inc - Cash Flow Conversion Efficiency Trend (2018–2024)
This chart illustrates how Southern States Bancshares Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Southern States Bancshares Inc (SSBK) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Southern States Bancshares Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Southern States Bancshares Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Viking Line Abp
HE:VIK1V
|
0.151x |
|
LAY-OUT Planning Consultants Co. Ltd.
SHE:300989
|
N/A |
|
Voxel S.A.
WAR:VOX
|
0.074x |
|
Rechi Precision Co Ltd
TW:4532
|
0.125x |
|
Tufton Oceanic Assets Ltd
LSE:SHIP
|
0.036x |
|
Tus-Sound Environmental Resources Co Ltd
SHE:000826
|
-1.242x |
|
3D Systems Corporation
NYSE:DDD
|
-0.061x |
|
Volcon Inc
NASDAQ:VLCN
|
-0.265x |
Annual Cash Flow Conversion Efficiency for Southern States Bancshares Inc (2018–2024)
The table below shows the annual cash flow conversion efficiency of Southern States Bancshares Inc from 2018 to 2024. For the full company profile with market capitalisation and key ratios, see Southern States Bancshares Inc (SSBK) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $279.89 Million | $39.46 Million | 0.141x | -22.99% |
| 2023-12-31 | $214.96 Million | $39.35 Million | 0.183x | -14.40% |
| 2022-12-31 | $181.72 Million | $38.87 Million | 0.214x | +27.59% |
| 2021-12-31 | $177.20 Million | $29.70 Million | 0.168x | +105.85% |
| 2020-12-31 | $140.66 Million | $11.45 Million | 0.081x | -6.43% |
| 2019-12-31 | $126.64 Million | $11.02 Million | 0.087x | -27.85% |
| 2018-12-31 | $95.47 Million | $11.52 Million | 0.121x | -- |
About Southern States Bancshares Inc
Southern States Bancshares, Inc. operates as the bank holding company for Southern States Bank that provides community banking services to businesses and individuals in the United States. The company offers deposit products, including demand deposits accounts, interest-bearing products, savings accounts, and certificate of deposits. It also provides real estate loan products comprising real estat… Read more