Artemis Hali As (ARTMS) - Cash Flow Conversion Efficiency
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.
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. Read debt load of Artemis Hali As for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Lark Distilling Co. Ltd
AU:LRK
|
-0.002x |
|
TegoScience Inc
KQ:191420
|
-0.025x |
|
Loulis Mills S.A.
AT:KYLO
|
0.049x |
|
TY Holdings Co Ltd
KO:363280
|
0.004x |
|
L.P.N. Development Public Company Limited
BK:LPN
|
0.018x |
|
HS Valve Co. Ltd
KQ:039610
|
0.001x |
|
Bridgford Foods Corporation
NASDAQ:BRID
|
0.037x |
|
MFS Investment Grade Municipal Trust
NYSE:CXH
|
0.023x |
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
Artemis Hali Anonim Sirketi designs, manufactures, and sells carpets in Turkey and internationally. It offers handmade carpets and machine-made carpets, runners, prayer rugs, rugs, blankets, and textile products. The company operates under the JOY ANETTA, ARTEX, BAROQUE, SERENA, BELLA, CARLA, COUTURE, COZY, DAVINA, DIOR, EMMA, EVA, GINA, INSPIRATION, CHARISMA, LIA, MURANO, PALACE, PETINYA, PIA, R… Read more