Merit Turizm Yatirim ve Isletme AS
Merit Turizm Yatirim ve Isletme Anonim Sirketi, together with its subsidiaries, engages in the hotel management business in Turkey. The company was founded in 1988 and is based in Istanbul, Turkey. Merit Turizm Yatirim ve Isletme Anonim Sirketi operates as a subsidiary of Net Holding A.S. Merit Turizm Yatirim ve Isletme Anonim Sirketi opearates as a subsidiary of Net Holding A.S.
Merit Turizm Yatirim ve Isletme AS (MERIT) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.006x
Based on the latest financial reports, Merit Turizm Yatirim ve Isletme AS (MERIT) has a cash flow conversion efficiency ratio of 0.006x 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 (TL100.63 Million) by net assets (TL15.68 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Merit Turizm Yatirim ve Isletme AS - Cash Flow Conversion Efficiency Trend (2011–2024)
This chart illustrates how Merit Turizm Yatirim ve Isletme 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.
Merit Turizm Yatirim ve Isletme AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Merit Turizm Yatirim ve Isletme AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Deoleo S.A
PINK:SOSCF
|
0.002x |
|
Frontier Digital Ventures Ltd
AU:FDV
|
0.022x |
|
Cayson Acquisition Corp
NASDAQ:CAPNU
|
-0.002x |
|
Citizens Holding Company
NASDAQ:CIZN
|
0.018x |
|
Tung Ho Textile Co Ltd
TW:1414
|
0.013x |
|
Kabe Group AB Series B
LSE:0L9Z
|
N/A |
|
GDB Holdings Bhd
KLSE:0198
|
0.267x |
|
Mawson Finland LImited
V:MFL
|
N/A |
Annual Cash Flow Conversion Efficiency for Merit Turizm Yatirim ve Isletme AS (2011–2024)
The table below shows the annual cash flow conversion efficiency of Merit Turizm Yatirim ve Isletme AS from 2011 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | TL9.78 Billion | TL53.80 Million | 0.005x | -44.45% |
| 2023-12-31 | TL5.98 Billion | TL59.20 Million | 0.010x | +171.56% |
| 2022-12-31 | TL1.54 Billion | TL5.62 Million | 0.004x | -74.36% |
| 2021-12-31 | TL916.53 Million | TL13.03 Million | 0.014x | +12213.40% |
| 2020-12-31 | TL46.93 Million | TL5.42K | 0.000x | -78.77% |
| 2019-12-31 | TL45.88 Million | TL24.95K | 0.001x | -99.80% |
| 2018-12-31 | TL40.42 Million | TL11.01 Million | 0.272x | +153233.94% |
| 2017-12-31 | TL16.53 Million | TL2.94K | 0.000x | +100.11% |
| 2016-12-31 | TL12.65 Million | TL-2.00 Million | -0.158x | -181.03% |
| 2015-12-31 | TL10.26 Million | TL2.01 Million | 0.195x | -63.37% |
| 2014-12-31 | TL8.44 Million | TL4.50 Million | 0.533x | +208574.79% |
| 2012-12-31 | TL3.91 Million | TL1.00K | 0.000x | -95.55% |
| 2011-12-31 | TL3.66 Million | TL21.00K | 0.006x | -- |