AK Sigorta AS (AKGRT) - Cash Flow Conversion Efficiency

Latest 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 ≈ $28.68 Million USD) by net assets (TL2.55 Billion ≈ $57.03 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 AKGRT defensive interval ratio to measure how many days the company can operate on defensive assets alone.

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.

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
Multilaser Industrial SA SA:MLAS3	0.021x
R&B FOOD SUPPLY BK:RBF-R	N/A
Sovereign Metals Ltd AU:SVM	-0.301x
Air Asia Co Ltd TW:2630	0.161x
Franklin Financial Services Corp NASDAQ:FRAF	0.018x
Transportadora de Gas del Norte SA Class C BA:TGNO4	0.076x
Talon Capital Corp. Class A Ordinary Shares NASDAQ:TLNC	N/A
Gansu Huangtai Wine-marketing Industry Co. Ltd. SHE:000995	0.033x

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. For the full company profile with market capitalisation and key ratios, see AKGRT company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2022-12-31	TL1.94 Billion ≈ $43.52 Million	TL1.26 Billion ≈ $28.15 Million	0.647x	+36.21%
2021-12-31	TL1.05 Billion ≈ $23.50 Million	TL498.25 Million ≈ $11.16 Million	0.475x	+30.85%
2020-12-31	TL1.12 Billion ≈ $25.15 Million	TL407.53 Million ≈ $9.13 Million	0.363x	-40.55%
2019-12-31	TL898.67 Million ≈ $20.13 Million	TL548.54 Million ≈ $12.29 Million	0.610x	+27.78%
2018-12-31	TL717.96 Million ≈ $16.08 Million	TL342.97 Million ≈ $7.68 Million	0.478x	-10.81%
2017-12-31	TL629.10 Million ≈ $14.09 Million	TL336.94 Million ≈ $7.55 Million	0.536x	+8678.95%
2016-12-31	TL402.84 Million ≈ $9.02 Million	TL2.46 Million ≈ $55.05K	0.006x	-98.78%
2015-12-31	TL348.64 Million ≈ $7.81 Million	TL173.65 Million ≈ $3.89 Million	0.498x	+176.57%
2014-12-31	TL507.98 Million ≈ $11.38 Million	TL91.48 Million ≈ $2.05 Million	0.180x	--

About AK Sigorta AS

IS:AKGRT Turkey Insurance - Diversified

Market Cap

$262.84 Million

TL11.74 Billion TRY

Market Cap Rank

#15532 Global

#171 in Turkey

Share Price

TL7.28

Change (1 day)

-0.41%

52-Week Range

TL5.68 - TL8.57

All Time High

TL8.80