Grand River Commerce Inc
Grand River Commerce, Inc. operates as the bank holding company for Grand River Bank that provides various commercial and consumer banking products and services to businesses, professionals, and residents in Michigan. It operates through Commercial and Industrial; Commercial Real Estate; and Consumer segments. The company offers interest and noninterest-bearing checking accounts, savings accounts… Read more
Grand River Commerce Inc (GNRV) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2019: 0.000x
Based on the latest financial reports, Grand River Commerce Inc (GNRV) has a cash flow conversion efficiency ratio of 0.000x as of June 2019.
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 ($0.00) by net assets ($38.14 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Grand River Commerce Inc - Cash Flow Conversion Efficiency Trend (2009–2024)
This chart illustrates how Grand River Commerce Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Grand River Commerce Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Grand River Commerce Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Iofina plc
PINK:IOFNF
|
0.034x |
|
Vine Hill Capital Investment Corp. Warrant
NASDAQ:VCICW
|
N/A |
|
Forward Graphic Enterprise Co Ltd
TWO:8906
|
-0.028x |
|
Noodles & Company
NASDAQ:NDLS
|
-0.133x |
|
HNO International Inc
PINK:HNOI
|
0.051x |
|
Beijing JIAYU Door Window Curtain
SHE:300117
|
-0.023x |
|
LabGenomics Co. Ltd
KQ:084650
|
-0.034x |
|
Hiroca Holdings Ltd
TW:1338
|
0.037x |
Annual Cash Flow Conversion Efficiency for Grand River Commerce Inc (2009–2024)
The table below shows the annual cash flow conversion efficiency of Grand River Commerce Inc from 2009 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $35.00 Million | $2.34 Million | 0.067x | +121.90% |
| 2023-12-31 | $35.63 Million | $-10.88 Million | -0.305x | -847.20% |
| 2022-12-31 | $42.84 Million | $-1.38 Million | -0.032x | -114.00% |
| 2021-12-31 | $45.44 Million | $10.47 Million | 0.230x | +635.49% |
| 2020-12-31 | $42.24 Million | $1.32 Million | 0.031x | +306.17% |
| 2019-12-31 | $39.10 Million | $-594.00K | -0.015x | -145.52% |
| 2018-12-31 | $37.28 Million | $1.24 Million | 0.033x | -58.10% |
| 2017-12-31 | $36.02 Million | $2.87 Million | 0.080x | -35.27% |
| 2016-12-31 | $22.09 Million | $2.72 Million | 0.123x | +210.11% |
| 2015-12-31 | $19.48 Million | $-2.18 Million | -0.112x | -180.61% |
| 2014-12-31 | $2.68 Million | $372.05K | 0.139x | +876.57% |
| 2011-12-31 | $10.36 Million | $-185.00K | -0.018x | +67.90% |
| 2010-12-31 | $11.02 Million | $-613.00K | -0.056x | +63.26% |
| 2009-12-31 | $12.34 Million | $-1.87 Million | -0.151x | -- |