Ihlas Holding AS (IHLAS) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.030x

Based on the latest financial reports, Ihlas Holding AS (IHLAS) has a cash flow conversion efficiency ratio of -0.030x 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 (TL-379.80 Million ≈ $-8.51 Million USD) by net assets (TL12.71 Billion ≈ $284.76 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 Ihlas Holding AS balance sheet independence to measure how much of total assets are equity-financed.

Ihlas Holding AS - Cash Flow Conversion Efficiency Trend (2005–2024)

This chart illustrates how Ihlas Holding AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check IHLAS operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

Ihlas Holding AS Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
Multi Hanna Kreasindo Tbk Pt JK:MHKI	-0.176x
Monks Investment Trust PLC LSE:MNKS	0.001x
Projektengagemang Sweden AB (publ) ST:PENG-B	0.038x
Datron AG XETRA:DAR	-0.017x
Kiattana Transport Public Company Limited BK:KIAT	0.045x
Yukselen Celik As IS:YKSLN	0.232x
NXT Energy Solutions Inc TO:SFD	-0.136x
WebCash Corporation KQ:053580	0.049x

Annual Cash Flow Conversion Efficiency for Ihlas Holding AS (2005–2024)

The table below shows the annual cash flow conversion efficiency of Ihlas Holding AS from 2005 to 2024. For the full company profile with market capitalisation and key ratios, see Ihlas Holding AS (IHLAS) market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	TL11.75 Billion ≈ $263.11 Million	TL-392.50 Million ≈ $-8.79 Million	-0.033x	+48.39%
2023-12-31	TL13.56 Billion ≈ $303.77 Million	TL-877.97 Million ≈ $-19.66 Million	-0.065x	-329.57%
2022-12-31	TL5.26 Billion ≈ $117.74 Million	TL148.23 Million ≈ $3.32 Million	0.028x	+116.54%
2021-12-31	TL3.57 Billion ≈ $79.97 Million	TL-608.81 Million ≈ $-13.64 Million	-0.171x	-218.95%
2020-12-31	TL1.89 Billion ≈ $42.44 Million	TL-101.30 Million ≈ $-2.27 Million	-0.053x	-528.47%
2019-12-31	TL1.24 Billion ≈ $27.82 Million	TL15.50 Million ≈ $347.17K	0.012x	+137.23%
2018-12-31	TL813.61 Million ≈ $18.22 Million	TL-27.27 Million ≈ $-610.75K	-0.034x	-555.84%
2017-12-31	TL828.32 Million ≈ $18.55 Million	TL6.09 Million ≈ $136.40K	0.007x	-89.86%
2016-12-31	TL788.46 Million ≈ $17.66 Million	TL57.18 Million ≈ $1.28 Million	0.073x	-43.99%
2015-12-31	TL740.74 Million ≈ $16.59 Million	TL95.91 Million ≈ $2.15 Million	0.129x	+232.16%
2014-12-31	TL791.36 Million ≈ $17.72 Million	TL-77.53 Million ≈ $-1.74 Million	-0.098x	-139.87%
2013-12-31	TL821.39 Million ≈ $18.40 Million	TL201.85 Million ≈ $4.52 Million	0.246x	+88.65%
2012-12-31	TL1.07 Billion ≈ $23.97 Million	TL139.40 Million ≈ $3.12 Million	0.130x	+24.29%
2007-12-31	TL498.09 Million ≈ $11.16 Million	TL52.20 Million ≈ $1.17 Million	0.105x	+69.95%
2005-12-31	TL511.45 Million ≈ $11.46 Million	TL31.54 Million ≈ $706.44K	0.062x	--

About Ihlas Holding AS

IS:IHLAS Turkey Conglomerates

Market Cap

$31.19 Million

TL1.39 Billion TRY

Market Cap Rank

#23638 Global

#409 in Turkey

Share Price

TL1.02

Change (1 day)

-0.97%

52-Week Range

TL1.01 - TL4.41

All Time High

TL4.41