Artemis Hali As (ARTMS) - Cash Flow Conversion Efficiency

Latest as of March 2024: 0.012x

Based on the latest financial reports, Artemis Hali As (ARTMS) has a cash flow conversion efficiency ratio of 0.012x as of March 2024. 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 (TL13.34 Million ≈ $298.73K USD) by net assets (TL1.12 Billion ≈ $25.19 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 Artemis Hali As liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Artemis Hali As - Cash Flow Conversion Efficiency Trend (2020–2022)

This chart illustrates how Artemis Hali As's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Artemis Hali As Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Artemis Hali As ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Argosy Minerals Ltd AU:AGY	-0.008x
Fluence Corporation Ltd AU:FLC	-0.541x
Tomei Consolidated Bhd KLSE:7230	0.049x
Prairie Operating Co. Common Stock NASDAQ:PROP	0.665x
Heidmar Maritime Holdings Corp. Common Stock NYSE:HMR	-0.322x
Alpha Trust Mutual Fund and Alternative Investment Fund Management S.A AT:ATRUST	0.065x
Deneb Investments Ltd JSE:DNB	0.147x
Wisekey International Holding AG NASDAQ:WKEY	-0.037x

Annual Cash Flow Conversion Efficiency for Artemis Hali As (2020–2022)

The table below shows the annual cash flow conversion efficiency of Artemis Hali As from 2020 to 2022. For the full company profile with market capitalisation and key ratios, see Artemis Hali As market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2022-09-30	TL272.08 Million ≈ $6.09 Million	TL14.11 Million ≈ $315.96K	0.052x	-61.61%
2021-09-30	TL169.77 Million ≈ $3.80 Million	TL22.93 Million ≈ $513.56K	0.135x	-68.32%
2020-09-30	TL107.90 Million ≈ $2.42 Million	TL46.00 Million ≈ $1.03 Million	0.426x	--

About Artemis Hali As

IS:ARTMS Turkey Textile Manufacturing

Market Cap

$62.24 Million

TL2.78 Billion TRY

Market Cap Rank

#21091 Global

#343 in Turkey

Share Price

TL39.70

Change (1 day)

-1.15%

52-Week Range

TL27.40 - TL56.40

All Time High

TL65.60