First Reliance Bancshares Inc
First Reliance Bancshares, Inc. operates as the bank holding company for First Reliance Bank that provides banking products and services in North and South Carolina. The company provides checking, savings, money market, Christmas and vacation club accounts, and individual retirement accounts, as well as certificates of deposit. It offers personal loans, including unsecured, auto, real estate, ove… Read more
First Reliance Bancshares Inc (FSRL) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2022: 0.009x
Based on the latest financial reports, First Reliance Bancshares Inc (FSRL) has a cash flow conversion efficiency ratio of 0.009x as of December 2022.
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 ($548.14K) by net assets ($63.30 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
First Reliance Bancshares Inc - Cash Flow Conversion Efficiency Trend (2002–2024)
This chart illustrates how First Reliance Bancshares 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.
First Reliance Bancshares Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of First Reliance Bancshares Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Health Catalyst Inc
NASDAQ:HCAT
|
-0.001x |
|
Perceptive Capital Solutions Corp Class A Ordinary Shares
NASDAQ:PCSC
|
-0.002x |
|
Siem Industries S.A
PINK:SEMUF
|
0.000x |
|
Spark I Acquisition Corp. Unit
NASDAQ:SPKLU
|
-0.060x |
|
Galan Lithium Limited
PINK:GLNLF
|
-0.010x |
|
Exsitec Holding AB
ST:EXS
|
0.100x |
|
Hotel Majestic Cannes
PA:MLHMC
|
0.040x |
|
q.beyond AG
PINK:QSCGF
|
0.033x |
Annual Cash Flow Conversion Efficiency for First Reliance Bancshares Inc (2002–2024)
The table below shows the annual cash flow conversion efficiency of First Reliance Bancshares Inc from 2002 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $77.76 Million | $-8.93 Million | -0.115x | -186.19% |
| 2023-12-31 | $71.40 Million | $9.51 Million | 0.133x | -66.74% |
| 2022-12-31 | $63.30 Million | $25.35 Million | 0.400x | -28.30% |
| 2021-12-31 | $70.80 Million | $39.54 Million | 0.559x | +11.41% |
| 2020-12-31 | $68.73 Million | $34.45 Million | 0.501x | +337.71% |
| 2019-12-31 | $57.09 Million | $-12.04 Million | -0.211x | -761.24% |
| 2018-12-31 | $52.17 Million | $1.66 Million | 0.032x | +207.70% |
| 2017-12-31 | $50.15 Million | $-1.49 Million | -0.030x | -114.29% |
| 2016-12-31 | $26.67 Million | $5.53 Million | 0.207x | +272.94% |
| 2015-12-31 | $40.23 Million | $-4.82 Million | -0.120x | -217.73% |
| 2014-12-31 | $36.37 Million | $3.70 Million | 0.102x | -42.32% |
| 2013-12-31 | $32.09 Million | $5.66 Million | 0.176x | +918.00% |
| 2012-12-31 | $41.20 Million | $714.21K | 0.017x | -75.86% |
| 2011-12-31 | $41.12 Million | $2.95 Million | 0.072x | -61.75% |
| 2010-12-31 | $48.59 Million | $9.12 Million | 0.188x | +115.06% |
| 2009-12-31 | $45.22 Million | $3.95 Million | 0.087x | -79.80% |
| 2008-12-31 | $37.43 Million | $16.17 Million | 0.432x | +250.66% |
| 2007-12-31 | $37.03 Million | $-10.62 Million | -0.287x | -3013.17% |
| 2006-12-31 | $34.09 Million | $335.70K | 0.010x | +110.47% |
| 2005-12-31 | $29.65 Million | $-2.79 Million | -0.094x | -141.37% |
| 2004-12-31 | $27.36 Million | $-1.07 Million | -0.039x | -130.30% |
| 2003-12-31 | $17.70 Million | $2.28 Million | 0.129x | +271.40% |
| 2002-12-31 | $8.64 Million | $-648.56K | -0.075x | -- |