Nexity Financial Corporation
Nexity Financial Corporation, a bank holding company, provides commercial banking services. The company was founded in 1999 and is headquartered in Birmingham, Alabama. On July 21, 2011, the voluntary petition of Nexity Financial Corporation for reorganization under Chapter 11 was converted to liquidation under Chapter 7. It had filed for Chapter 11 bankruptcy on July 22, 2010.
Nexity Financial Corporation (NXTYQ) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2008: 0.000x
Based on the latest financial reports, Nexity Financial Corporation (NXTYQ) has a cash flow conversion efficiency ratio of 0.000x as of December 2008.
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 ($58.27 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Nexity Financial Corporation - Cash Flow Conversion Efficiency Trend (2003–2008)
This chart illustrates how Nexity Financial 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.
Nexity Financial Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nexity Financial Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Canopus BioPharma Incorporated
PINK:CBIA
|
0.849x |
|
Snoogoo Corp
PINK:SGOO
|
-0.001x |
|
Medican Enterprises
PINK:MDCN
|
-0.681x |
|
SFLMaven Corp
PINK:SFLM
|
0.000x |
|
Greyson International Inc
PINK:GYSN
|
0.003x |
|
Newron Sport
PINK:NSPT
|
0.075x |
|
Outback Oil & Mineral Exploration Corp
PINK:OUTB
|
N/A |
|
Prologic Management Systems Inc
PINK:PRLO
|
0.000x |
Annual Cash Flow Conversion Efficiency for Nexity Financial Corporation (2003–2008)
The table below shows the annual cash flow conversion efficiency of Nexity Financial Corporation from 2003 to 2008.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2008-12-31 | $58.27 Million | $0.00 | 0.000x | -- |
| 2007-12-31 | $66.53 Million | $6.88 Million | 0.103x | +1120.04% |
| 2006-12-31 | $768.65 Million | $6.51 Million | 0.008x | +11.88% |
| 2005-12-31 | $667.15 Million | $5.05 Million | 0.008x | -45.83% |
| 2004-12-31 | $503.39 Million | $7.04 Million | 0.014x | -91.01% |
| 2003-12-31 | $30.58 Million | $4.76 Million | 0.156x | -- |