Akfen Yenilenebilir Enerji A.S. (AKFYE) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Akfen Yenilenebilir Enerji A.S. (AKFYE) has a cash flow conversion efficiency ratio of 0.050x 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 (TL1.54 Billion ≈ $34.38 Million USD) by net assets (TL30.42 Billion ≈ $681.23 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See AKFYE defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Akfen Yenilenebilir Enerji A.S. - Cash Flow Conversion Efficiency Trend (2020–2023)
This chart illustrates how Akfen Yenilenebilir Enerji A.S.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.
Akfen Yenilenebilir Enerji A.S. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Akfen Yenilenebilir Enerji A.S. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Logistea AB Series B
ST:LOGI-B
|
0.003x |
|
Amplitude Inc
NASDAQ:AMPL
|
-0.053x |
|
Yuanta Sec Kor
KO:003470
|
-0.033x |
|
Anhui Zhongyuan New Materials Co Ltd
SHG:603527
|
-0.130x |
|
Velocity Financial Llc
NYSE:VEL
|
0.018x |
|
LOGAN GROUP HD -10
F:5LP
|
N/A |
|
Energy Absolute Public Company Limited
BK:EA
|
0.034x |
|
Guangdong Fangyuan Environment Co. Ltd. A
SHG:688148
|
N/A |
Annual Cash Flow Conversion Efficiency for Akfen Yenilenebilir Enerji A.S. (2020–2023)
The table below shows the annual cash flow conversion efficiency of Akfen Yenilenebilir Enerji A.S. from 2020 to 2023. For the full company profile with market capitalisation and key ratios, see how much is Akfen Yenilenebilir Enerji A.S. worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | TL20.43 Billion ≈ $457.63 Million |
TL1.81 Billion ≈ $40.50 Million |
0.088x | -57.69% |
| 2022-12-31 | TL15.26 Billion ≈ $341.81 Million |
TL3.19 Billion ≈ $71.49 Million |
0.209x | -13.36% |
| 2021-12-31 | TL5.50 Billion ≈ $123.10 Million |
TL1.33 Billion ≈ $29.72 Million |
0.241x | +143.33% |
| 2020-12-31 | TL2.76 Billion ≈ $61.83 Million |
TL273.86 Million ≈ $6.13 Million |
0.099x | -- |
About Akfen Yenilenebilir Enerji A.S.
Akfen Yenilenebilir Enerji A.S. engages in the production of renewable energy in Turkey. It operates a portfolio of wind and hybrid solar power plants with a total installed capacity of 423.9 megawatts; hydroelectric plants with a capacity of 228.7; and solar power plants with an installed capacity of 121.4 megawatts. The company was founded in 2007 and is based in Ankara, Turkey. Akfen Yenileneb… Read more