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. See Aygaz AS net asset quality index to measure how much of total assets are equity-financed.

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. Check Aygaz AS cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

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
Innovative Medical Management Co Ltd SHE:002173	-0.007x
IMDEX Ltd AU:IMD	0.085x
EMTEK (Shenzhen) Co. Ltd. SHE:300938	N/A
Red Cat Holdings Inc NASDAQ:RCAT	-0.134x
China Resources Chemical Innovative Materials Co. Ltd. SHE:301090	-0.030x
Clearway Energy Inc NYSE:CWEN-A	0.072x
Central Plaza Hotel Public Company Limited BK:CENTEL-R	0.057x
Kimbell Royalty Partners LP NYSE:KRP	0.080x

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 how much is Aygaz AS 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

$1.40 Billion

TL62.53 Billion TRY

Market Cap Rank

#7508 Global

#58 in Turkey

Share Price

TL284.50

Change (1 day)

-2.32%

52-Week Range

TL159.00 - TL291.25

All Time High

TL291.25