Mercan Kimya Sanayi ve Ticaret AS (MERCN) - Cash Flow Conversion Efficiency
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 ≈ $2.80 Million USD) by net assets (TL2.24 Billion ≈ $50.12 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 Mercan Kimya Sanayi ve Ticaret AS balance sheet independence to measure how much of total assets are equity-financed.
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. Check Mercan Kimya Sanayi ve Ticaret AS cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Southern Concrete Pile PCL
BK:SCP
|
0.018x |
|
Miwon Holdings Co. Ltd
KO:107590
|
0.012x |
|
Mirae Asset Daewoo Special Purpose Acquisition Company 4 Co. Ltd
KQ:333430
|
0.030x |
|
Falcon Metals Ltd
AU:FAL
|
-0.177x |
|
Les Docks des Pétroles d-Ambès - SA
PA:DPAM
|
0.067x |
|
NanoenTekInc
KQ:039860
|
0.031x |
|
Clipan Finance Indonesia Tbk
JK:CFIN
|
0.093x |
|
Tze Shin International Co Ltd
TW:2611
|
0.052x |
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. For the full company profile with market capitalisation and key ratios, see MERCN stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | TL1.79 Billion ≈ $39.99 Million |
TL564.73 Million ≈ $12.65 Million |
0.316x | +1839.11% |
| 2023-12-31 | TL1.31 Billion ≈ $29.34 Million |
TL21.36 Million ≈ $478.48K |
0.016x | +119.41% |
| 2022-12-31 | TL671.77 Million ≈ $15.05 Million |
TL-56.46 Million ≈ $-1.26 Million |
-0.084x | +70.45% |
| 2021-12-31 | TL357.87 Million ≈ $8.02 Million |
TL-101.78 Million ≈ $-2.28 Million |
-0.284x | -158.02% |
| 2020-12-31 | TL74.03 Million ≈ $1.66 Million |
TL-8.16 Million ≈ $-182.78K |
-0.110x | -119.37% |
| 2019-12-31 | TL46.72 Million ≈ $1.05 Million |
TL26.59 Million ≈ $595.62K |
0.569x | +22.85% |
| 2018-12-31 | TL24.40 Million ≈ $546.60K |
TL11.31 Million ≈ $253.24K |
0.463x | -- |
About 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.