First IC Corporation
As of December 1, 2025, First IC Corporation was acquired by MetroCity Bankshares, Inc. First IC Corporation operates as the bank holding company for First IC Bank that provides retail and commercial banking products and services in the United States. The company provides personal and business checking and saving account, certificates of deposit, and IRA accounts. Its loan products include small … Read more
First IC Corporation (FIEB) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2025: 0.047x
Based on the latest financial reports, First IC Corporation (FIEB) has a cash flow conversion efficiency ratio of 0.047x 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 ($6.63 Million) by net assets ($142.30 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
First IC Corporation - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how First IC Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
First IC Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of First IC Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
King Polytechnic Engineering Co Ltd
TWO:6122
|
-0.177x |
|
Heartflow, Inc. Common Stock
NASDAQ:HTFL
|
-0.012x |
|
ICTK Co., Ltd.
KQ:456010
|
-0.071x |
|
Froch Enterprise Co Ltd
TW:2030
|
0.110x |
|
Bridgemarq Real Estate Services Inc
PINK:BREUF
|
-0.010x |
|
Japan System Techniques Co. Ltd.
PINK:JAPPF
|
-0.083x |
|
Esso S.A.F.
PA:ES
|
-0.040x |
|
Northern Minerals Limited
PINK:NOURF
|
-6.457x |
Annual Cash Flow Conversion Efficiency for First IC Corporation (2016–2024)
The table below shows the annual cash flow conversion efficiency of First IC Corporation from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $145.47 Million | $20.80 Million | 0.143x | -53.73% |
| 2023-12-31 | $129.60 Million | $40.05 Million | 0.309x | +95.99% |
| 2022-12-31 | $113.51 Million | $17.90 Million | 0.158x | +3788.88% |
| 2021-12-31 | $105.02 Million | $425.80K | 0.004x | -94.66% |
| 2020-12-31 | $85.88 Million | $6.52 Million | 0.076x | -26.23% |
| 2019-12-31 | $78.59 Million | $8.09 Million | 0.103x | -21.42% |
| 2018-12-31 | $72.23 Million | $9.46 Million | 0.131x | -23.03% |
| 2017-12-31 | $62.56 Million | $10.64 Million | 0.170x | +67.56% |
| 2016-12-31 | $54.57 Million | $5.54 Million | 0.102x | -- |