AK Sigorta AS (AKGRT) - 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. Also see AK Sigorta AS (AKGRT) total market value for the company's overall valuation and market capitalisation.
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. Explore cash flow quality index of AK Sigorta AS to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Global Green Chemicals Public Company Limited
BK:GGC
|
0.057x |
|
Iberpapel Gestion SA
MC:IBG
|
0.040x |
|
Acrow Ltd
AU:ACF
|
0.085x |
|
Kolibri Global Energy Inc. Common stock
NASDAQ:KGEI
|
0.053x |
|
Amcil Ltd
AU:AMH
|
0.008x |
|
BAIRONG INC.CL.B -00002
F:6B5
|
N/A |
|
Thien Long Group Corp
VN:TLG
|
0.022x |
|
Scottish Mortgage Investment Trust plc
LSE:SMT
|
-0.002x |
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. View AK Sigorta AS (AKGRT) stock price for real-time trading data and today's change.
| 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
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