AK Sigorta AS
Aksigorta A.S. provides various life and non-life insurance products and services to retail and corporate customers in Turkey. It operates through Fire, Transportation, Motor (Automobile Insurance), Motor vehicles Liability (Compulsory Traffic), Other Accident, Engineering, Agriculture, Health, and Life segments. The company offers comprehensive car, motor third party liability, traffic, home, co… Read more
AK Sigorta AS (AKGRT) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: 0.503x
Based on the latest financial reports, AK Sigorta AS (AKGRT) has a cash flow conversion efficiency ratio of 0.503x as of June 2023.
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 (TL1.28 Billion) by net assets (TL2.55 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
AK Sigorta AS - Cash Flow Conversion Efficiency Trend (2014–2022)
This chart illustrates how AK Sigorta AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
AK Sigorta AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of AK Sigorta AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ACRES COM.RE.CORP.DL-001
F:R9L
|
N/A |
|
Apator S.A.
WAR:APT
|
0.044x |
|
Radium Development Berhad
KLSE:5313
|
-0.037x |
|
Yao Sheng Electronic Co Ltd
TWO:3207
|
0.005x |
|
Pha Lai Thermal Power JSC
VN:PPC
|
0.077x |
|
Hua Eng Wire & Cable Co Ltd
TW:1608
|
0.026x |
|
Hi-Clearance
TWO:1788
|
0.036x |
|
SB Financial Group Inc
NASDAQ:SBFG
|
0.090x |
Annual Cash Flow Conversion Efficiency for AK Sigorta AS (2014–2022)
The table below shows the annual cash flow conversion efficiency of AK Sigorta AS from 2014 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | TL1.94 Billion | TL1.26 Billion | 0.647x | +36.21% |
| 2021-12-31 | TL1.05 Billion | TL498.25 Million | 0.475x | +30.85% |
| 2020-12-31 | TL1.12 Billion | TL407.53 Million | 0.363x | -40.55% |
| 2019-12-31 | TL898.67 Million | TL548.54 Million | 0.610x | +27.78% |
| 2018-12-31 | TL717.96 Million | TL342.97 Million | 0.478x | -10.81% |
| 2017-12-31 | TL629.10 Million | TL336.94 Million | 0.536x | +8678.95% |
| 2016-12-31 | TL402.84 Million | TL2.46 Million | 0.006x | -98.78% |
| 2015-12-31 | TL348.64 Million | TL173.65 Million | 0.498x | +176.57% |
| 2014-12-31 | TL507.98 Million | TL91.48 Million | 0.180x | -- |