Aygaz AS (AYGAZ) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.003x

Based on the latest financial reports, Aygaz AS (AYGAZ) has a cash flow conversion efficiency ratio of 0.003x as of December 2025. 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 (TL202.57 Million ≈ $4.54 Million USD) by net assets (TL69.58 Billion ≈ $1.56 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Aygaz AS - Cash Flow Conversion Efficiency Trend (2003–2025)

This chart illustrates how Aygaz AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Aygaz AS (AYGAZ) financial obligations for a breakdown of total debt and financial obligations.

Aygaz AS Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Aygaz AS ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Indegene Ltd NSE:INDGN	0.054x
Nanobiotix S.A PA:NANO	0.253x
Financial Street Holdings Co Ltd SHE:000402	0.015x
Great Wall Enterprise Co Ltd TW:1210	0.044x
HNA Technology Co Ltd A SHG:600751	0.011x
WAM Capital Ltd AU:WAM	0.063x
Shoals Technologies Group Inc NASDAQ:SHLS	0.033x
Piper Sandler Companies NYSE:PIPR	0.209x

Annual Cash Flow Conversion Efficiency for Aygaz AS (2003–2025)

The table below shows the annual cash flow conversion efficiency of Aygaz AS from 2003 to 2025. For the full company profile with market capitalisation and key ratios, see Aygaz AS market cap and net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	TL69.58 Billion ≈ $1.56 Billion	TL2.18 Billion ≈ $48.88 Million	0.031x	+207.69%
2024-12-31	TL52.27 Billion ≈ $1.17 Billion	TL532.90 Million ≈ $11.94 Million	0.010x	-86.57%
2023-12-31	TL36.52 Billion ≈ $818.03 Million	TL2.77 Billion ≈ $62.11 Million	0.076x	+499.91%
2022-12-31	TL7.85 Billion ≈ $175.92 Million	TL-149.12 Million ≈ $-3.34 Million	-0.019x	-121.97%
2021-12-31	TL2.72 Billion ≈ $60.90 Million	TL235.01 Million ≈ $5.26 Million	0.086x	-27.57%
2020-12-31	TL2.32 Billion ≈ $51.90 Million	TL276.50 Million ≈ $6.19 Million	0.119x	-48.82%
2019-12-31	TL2.48 Billion ≈ $55.50 Million	TL577.71 Million ≈ $12.94 Million	0.233x	+150.08%
2018-12-31	TL2.50 Billion ≈ $56.05 Million	TL233.28 Million ≈ $5.22 Million	0.093x	+8.46%
2017-12-31	TL2.92 Billion ≈ $65.47 Million	TL251.24 Million ≈ $5.63 Million	0.086x	-59.54%
2016-12-31	TL2.74 Billion ≈ $61.40 Million	TL582.38 Million ≈ $13.04 Million	0.212x	+131.63%
2015-12-31	TL2.61 Billion ≈ $58.48 Million	TL239.43 Million ≈ $5.36 Million	0.092x	-23.99%
2014-12-31	TL2.36 Billion ≈ $52.84 Million	TL284.63 Million ≈ $6.38 Million	0.121x	+15.15%
2013-12-31	TL2.24 Billion ≈ $50.25 Million	TL235.08 Million ≈ $5.27 Million	0.105x	+53.39%
2012-12-31	TL2.38 Billion ≈ $53.32 Million	TL162.61 Million ≈ $3.64 Million	0.068x	+48.75%
2011-12-31	TL2.15 Billion ≈ $48.26 Million	TL98.95 Million ≈ $2.22 Million	0.046x	-76.19%
2010-12-31	TL2.01 Billion ≈ $45.11 Million	TL388.44 Million ≈ $8.70 Million	0.193x	+216.15%
2009-12-31	TL1.76 Billion ≈ $39.36 Million	TL107.21 Million ≈ $2.40 Million	0.061x	-76.12%
2008-12-31	TL1.47 Billion ≈ $33.01 Million	TL376.52 Million ≈ $8.43 Million	0.255x	+31.10%
2007-12-31	TL1.50 Billion ≈ $33.56 Million	TL292.05 Million ≈ $6.54 Million	0.195x	+120.01%
2006-12-31	TL1.34 Billion ≈ $29.98 Million	TL118.56 Million ≈ $2.66 Million	0.089x	-38.13%
2005-12-31	TL954.49 Million ≈ $21.38 Million	TL136.65 Million ≈ $3.06 Million	0.143x	+188.55%
2004-12-31	TL825.00 Million ≈ $18.48 Million	TL40.93 Million ≈ $916.82K	0.050x	+105.46%
2003-12-31	TL695.16 Trillion ≈ $15.57 Trillion	TL16.79 Trillion ≈ $375.99 Billion	0.024x	--

About Aygaz AS

IS:AYGAZ Turkey Utilities - Regulated Gas

Market Cap

$1.39 Billion

TL61.87 Billion TRY

Market Cap Rank

#7704 Global

#56 in Turkey

Share Price

TL281.50

Change (1 day)

-2.09%

52-Week Range

TL120.90 - TL291.00

All Time High

TL291.00