Prime Meridian Holding Company
Prime Meridian Holding Company operates as the bank holding company for Prime Meridian Bank that provides community banking services to individual and corporate clients in the United States. The company offers checking, money market, savings, certificates of deposit, interest-bearing and noninterest-bearing, health savings, and NOW accounts, as well as time deposits. Its loan products include sma… Read more
Prime Meridian Holding Company (PMHG) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.029x
Based on the latest financial reports, Prime Meridian Holding Company (PMHG) has a cash flow conversion efficiency ratio of 0.029x as of September 2024.
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 ($2.58 Million) by net assets ($88.50 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Prime Meridian Holding Company - Cash Flow Conversion Efficiency Trend (2011–2023)
This chart illustrates how Prime Meridian Holding Company's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Prime Meridian Holding Company Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Prime Meridian Holding Company ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
T.A.C. Consumer Public Company Limited
BK:TACC
|
0.097x |
|
Osteonic Co. Ltd
KQ:226400
|
0.017x |
|
Community Bancshares Inc. (McArthur OH)
PINK:CNUN
|
N/A |
|
Venky's (India) Limited
NSE:VENKEYS
|
-0.011x |
|
Strix Group Plc
F:SG9
|
N/A |
|
Creepy Jar SA
WAR:CRJ
|
0.029x |
|
S H Kelkar and Company Limited
NSE:SHK
|
0.098x |
|
Chien Shing Harbour Service Co Ltd
TW:8367
|
0.074x |
Annual Cash Flow Conversion Efficiency for Prime Meridian Holding Company (2011–2023)
The table below shows the annual cash flow conversion efficiency of Prime Meridian Holding Company from 2011 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $79.98 Million | $14.68 Million | 0.184x | -30.04% |
| 2022-12-31 | $67.05 Million | $17.60 Million | 0.262x | +87.08% |
| 2021-12-31 | $67.03 Million | $9.40 Million | 0.140x | +7726.36% |
| 2020-12-31 | $60.26 Million | $108.00K | 0.002x | -97.36% |
| 2019-12-31 | $55.87 Million | $3.79 Million | 0.068x | -47.50% |
| 2018-12-31 | $50.82 Million | $6.58 Million | 0.129x | +266.38% |
| 2017-12-31 | $46.97 Million | $1.66 Million | 0.035x | -67.53% |
| 2016-12-31 | $27.08 Million | $2.95 Million | 0.109x | +31.66% |
| 2015-12-31 | $24.93 Million | $2.06 Million | 0.083x | +356.35% |
| 2014-12-31 | $22.87 Million | $414.00K | 0.018x | -81.69% |
| 2012-12-31 | $16.04 Million | $1.59 Million | 0.099x | -10.99% |
| 2011-12-31 | $15.10 Million | $1.68 Million | 0.111x | -- |