AK Sigorta AS Cash Flow Conversion Efficiency

Latest as of June 2023: 0.503x

AK Sigorta AS cash flow conversion efficiency. 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.

Cash Flow Conversion Efficiency of AK Sigorta AS (2014–2022)

Cash flow conversion efficiency of AK Sigorta AS from 2014 to 2022. This chart illustrates how AK Sigorta AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. View AK Sigorta AS (AKGRT) share price today for real-time trading data and today's change.

AK Sigorta AS Cash Flow Conversion Ratio Explained

AK Sigorta AS cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see market cap of AK Sigorta AS for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Allgeier SE XETRA:AEIN	0.070x
Tavia Acquisition Corp. Ordinary Shares NASDAQ:TAVI	-0.001x
Tonghua Grape Wine Co Ltd SHG:600365	-0.411x
GRAPHENE MANUFACT.GROUP F:0GF	N/A
Renaissance Global Limited NSE:RGL	-0.053x
Associated British Foods PLC LSE:ABF	0.067x
Quercus TFI SA WAR:QRS	0.557x
Zueblin Immobilien Holding AG SW:ZUBN	0.019x

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. Review AKGRT free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.

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

$169.33 Million

TL7.56 Billion TRY

Market Cap Rank

#16951 Global

#157 in Turkey

Share Price

TL4.69

Change (1 day)

-1.88%

52-Week Range

TL4.57 - TL8.57

All Time High

TL8.80