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 AK Sigorta AS balance sheet independence to measure how much of total assets are equity-financed.

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. Check AKGRT cash flow quality score to evaluate the quality of earnings relative to operating cash generation.

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
GNA Axles Limited NSE:GNA	0.151x
Hengyuan Refining Company Bhd KLSE:4324	0.281x
Range Capital Acquisition Corp II Class A Ordinary Shares NASDAQ:RNGT	-0.001x
Woori Technology Investment Co. Ltd KQ:041190	0.000x
ODAS Elektrik Uretim Sanayi Ticaret AS IS:ODAS	-0.030x
Lewis Group Limited JSE:LEW	0.124x
Magnora ASA OL:MGN	-0.119x
Taskus Inc NASDAQ:TASK	0.168x

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 market value of AK Sigorta AS.

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

$239.37 Million

TL10.69 Billion TRY

Market Cap Rank

#15852 Global

#167 in Turkey

Share Price

TL6.63

Change (1 day)

-1.19%

52-Week Range

TL5.94 - TL8.57

All Time High

TL8.80