Hitit Bilgisayar Hizmetleri AS (HTTBT) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Hitit Bilgisayar Hizmetleri AS (HTTBT) has a cash flow conversion efficiency ratio of 0.045x as of September 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 (TL124.12 Million ≈ $2.78 Million USD) by net assets (TL2.78 Billion ≈ $62.20 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Hitit Bilgisayar Hizmetleri AS defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Hitit Bilgisayar Hizmetleri AS - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Hitit Bilgisayar Hizmetleri AS's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Hitit Bilgisayar Hizmetleri AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hitit Bilgisayar Hizmetleri AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Forafric Global PLC Ordinary Shares
NASDAQ:AFRI
|
1.259x |
|
Hangzhou Hopechart Iot Technology
SHG:688288
|
0.037x |
|
enCore Energy Corp.
V:EU
|
0.050x |
|
Veedol Corporation Limited
NSE:VEEDOL
|
N/A |
|
Frequency Electronics Inc
NASDAQ:FEIM
|
-0.009x |
|
ODAS Elektrik Uretim Sanayi Ticaret AS
IS:ODAS
|
-0.030x |
|
First of Long Island Corp
NASDAQ:FLIC
|
0.003x |
|
Shanghai Huaming Intelligent Terminal Equipment Co Ltd
SHE:300462
|
0.029x |
Annual Cash Flow Conversion Efficiency for Hitit Bilgisayar Hizmetleri AS (2019–2024)
The table below shows the annual cash flow conversion efficiency of Hitit Bilgisayar Hizmetleri AS from 2019 to 2024. For the full company profile with market capitalisation and key ratios, see Hitit Bilgisayar Hizmetleri AS market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | TL2.09 Billion ≈ $46.92 Million |
TL389.62 Million ≈ $8.73 Million |
0.186x | +338.89% |
| 2023-12-31 | TL1.50 Billion ≈ $33.53 Million |
TL-116.57 Million ≈ $-2.61 Million |
-0.078x | -175.36% |
| 2022-12-31 | TL867.92 Million ≈ $19.44 Million |
TL89.67 Million ≈ $2.01 Million |
0.103x | -27.63% |
| 2021-12-31 | TL266.13 Million ≈ $5.96 Million |
TL37.99 Million ≈ $850.97K |
0.143x | -27.79% |
| 2020-12-31 | TL127.40 Million ≈ $2.85 Million |
TL25.19 Million ≈ $564.19K |
0.198x | -51.67% |
| 2019-12-31 | TL82.99 Million ≈ $1.86 Million |
TL33.95 Million ≈ $760.45K |
0.409x | -- |
About Hitit Bilgisayar Hizmetleri AS
Hitit Bilgisayar Hizmetleri A.S. provides airline and travel IT and software solutions under the Crane brand in Turkey and internationally. The company offers passenger service system (PSS), a suite of solutions comprising reservation and passenger services, internet booking engine, mobile application, allotment manager, departure control system, weight and balance, baggage reconciliation itinera… Read more