Mercan Kimya Sanayi ve Ticaret AS
Mercan Kimya Sanayi Ve Ticaret Anonim Sirketi produces, buys, and sells solid and liquid paraffin, emulsion, and Vaseline in Turkey and internationally. The company also buys and sells cosmetics, detergents, and industrial products, as well as offers petroleum jelly. Mercan Kimya Sanayi Ve Ticaret Anonim Sirketi was founded in 1977 and is headquartered in Denizli, Turkey.
Mercan Kimya Sanayi ve Ticaret AS (MERCN) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.056x
Based on the latest financial reports, Mercan Kimya Sanayi ve Ticaret AS (MERCN) has a cash flow conversion efficiency ratio of 0.056x 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 (TL125.20 Million) by net assets (TL2.24 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Mercan Kimya Sanayi ve Ticaret AS - Cash Flow Conversion Efficiency Trend (2018–2024)
This chart illustrates how Mercan Kimya Sanayi ve Ticaret AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Mercan Kimya Sanayi ve Ticaret AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Mercan Kimya Sanayi ve Ticaret AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Kps AG
XETRA:KSC
|
0.198x |
|
Stallion Discoveries Corp.
OTCQB:STLNF
|
-0.035x |
|
Dutaland Bhd
KLSE:3948
|
-0.001x |
|
Geiger Energy Corporation
V:BEEP
|
-0.665x |
|
Keyware Technologies NV
BR:KEYW
|
0.016x |
|
XF9
F:XF9
|
-0.002x |
|
Inventus Mining Corp
OTCGREY:GNGXF
|
-8.337x |
|
Thomas Scott (India) Limited
NSE:THOMASCOTT
|
-0.159x |
Annual Cash Flow Conversion Efficiency for Mercan Kimya Sanayi ve Ticaret AS (2018–2024)
The table below shows the annual cash flow conversion efficiency of Mercan Kimya Sanayi ve Ticaret AS from 2018 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | TL1.79 Billion | TL564.73 Million | 0.316x | +1839.11% |
| 2023-12-31 | TL1.31 Billion | TL21.36 Million | 0.016x | +119.41% |
| 2022-12-31 | TL671.77 Million | TL-56.46 Million | -0.084x | +70.45% |
| 2021-12-31 | TL357.87 Million | TL-101.78 Million | -0.284x | -158.02% |
| 2020-12-31 | TL74.03 Million | TL-8.16 Million | -0.110x | -119.37% |
| 2019-12-31 | TL46.72 Million | TL26.59 Million | 0.569x | +22.85% |
| 2018-12-31 | TL24.40 Million | TL11.31 Million | 0.463x | -- |