Merit Turizm Yatirim ve Isletme AS (MERIT) - Cash Flow Conversion Efficiency
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 ≈ $2.25 Million USD) by net assets (TL15.68 Billion ≈ $351.11 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 Merit Turizm Yatirim ve Isletme AS balance sheet independence to measure how much of total assets are equity-financed.
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. Check Merit Turizm Yatirim ve Isletme AS cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Petrochemical
TA:PTCH
|
-0.001x |
|
Hanpin Electron Co Ltd
TW:2488
|
0.000x |
|
Grammer AG
XETRA:GMM
|
-0.141x |
|
ezCaretech Co. LTD
KQ:099750
|
0.190x |
|
SYN prop e tech S.A.
SA:SYNE3
|
0.017x |
|
Nakamoto Inc.
NASDAQ:NAKA
|
-0.015x |
|
NeoVolta Inc. Common Stock
NASDAQ:NEOV
|
-0.417x |
|
The Platinum Group Public Company Limited
BK:PLAT
|
0.049x |
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. For the full company profile with market capitalisation and key ratios, see Merit Turizm Yatirim ve Isletme AS stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | TL9.78 Billion ≈ $219.10 Million |
TL53.80 Million ≈ $1.20 Million |
0.005x | -44.45% |
| 2023-12-31 | TL5.98 Billion ≈ $133.95 Million |
TL59.20 Million ≈ $1.33 Million |
0.010x | +171.56% |
| 2022-12-31 | TL1.54 Billion ≈ $34.50 Million |
TL5.62 Million ≈ $125.78K |
0.004x | -74.36% |
| 2021-12-31 | TL916.53 Million ≈ $20.53 Million |
TL13.03 Million ≈ $291.81K |
0.014x | +12213.40% |
| 2020-12-31 | TL46.93 Million ≈ $1.05 Million |
TL5.42K ≈ $121.35 |
0.000x | -78.77% |
| 2019-12-31 | TL45.88 Million ≈ $1.03 Million |
TL24.95K ≈ $558.91 |
0.001x | -99.80% |
| 2018-12-31 | TL40.42 Million ≈ $905.41K |
TL11.01 Million ≈ $246.52K |
0.272x | +153233.94% |
| 2017-12-31 | TL16.53 Million ≈ $370.20K |
TL2.94K ≈ $65.74 |
0.000x | +100.11% |
| 2016-12-31 | TL12.65 Million ≈ $283.42K |
TL-2.00 Million ≈ $-44.86K |
-0.158x | -181.03% |
| 2015-12-31 | TL10.26 Million ≈ $229.91K |
TL2.01 Million ≈ $44.91K |
0.195x | -63.37% |
| 2014-12-31 | TL8.44 Million ≈ $189.08K |
TL4.50 Million ≈ $100.83K |
0.533x | +208574.79% |
| 2012-12-31 | TL3.91 Million ≈ $87.64K |
TL1.00K ≈ $22.40 |
0.000x | -95.55% |
| 2011-12-31 | TL3.66 Million ≈ $81.88K |
TL21.00K ≈ $470.35 |
0.006x | -- |
About 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.