Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S.

IS:FORTE Turkey Software - Application
Market Cap
$190.63 Million
TL6.76 Billion TRY
Market Cap Rank
#20207 Global
#217 in Turkey
Share Price
TL100.90
Change (1 day)
+4.56%
52-Week Range
TL62.75 - TL102.00
All Time High
TL121.63
About

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.

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 --