Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S.
Forte Bilgi Iletisim Teknolojileri ve Savunma Sanayi A.S., together with its subsidiaries, engages in the system integration and software development businesses in Turkey and internationally. It operates through Commercial Activities, Software Activities, Crowdfunding Activities, and Agricultural Activities. The company offers various software, such as factory production management systems, integ… Read more
Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S. (FORTE) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -0.218x
Based on the latest financial reports, Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S. (FORTE) has a cash flow conversion efficiency ratio of -0.218x as of June 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 (TL-142.65 Million) by net assets (TL655.35 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S. - Cash Flow Conversion Efficiency Trend (2020–2023)
This chart illustrates how Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Casa de Bolsa Finamex S.A.B. de C.V
MX:FINAMEXO
|
-0.443x |
|
Advero Properties SOCIMI S.A.
MC:YADV
|
0.008x |
|
Cemtas Celik Makina Sanayi ve Ticaret AS
IS:CEMTS
|
-0.036x |
|
Kingwaytek Technology Co Ltd
TWO:6516
|
-0.016x |
|
BCnC Co. Ltd.
KQ:146320
|
0.059x |
|
Northern Technologies
NASDAQ:NTIC
|
0.004x |
|
Tumosan Motor ve Traktor Sanayi AS
IS:TMSN
|
0.063x |
|
One Point One Solutions Limited
NSE:ONEPOINT
|
0.005x |
Annual Cash Flow Conversion Efficiency for Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S. (2020–2023)
The table below shows the annual cash flow conversion efficiency of Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S. from 2020 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | TL592.98 Million | TL204.46 Million | 0.345x | +537.41% |
| 2022-12-31 | TL273.55 Million | TL-21.56 Million | -0.079x | +37.23% |
| 2021-12-31 | TL72.90 Million | TL-9.16 Million | -0.126x | -116.61% |
| 2020-12-31 | TL61.96 Million | TL46.85 Million | 0.756x | -- |