Merit Turizm Yatirim ve Isletme AS Cash Flow Conversion Efficiency

Latest as of September 2025: 0.006x

Merit Turizm Yatirim ve Isletme AS 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.

Cash Flow Conversion Efficiency of Merit Turizm Yatirim ve Isletme AS (2011–2024)

Cash flow conversion efficiency of Merit Turizm Yatirim ve Isletme AS from 2011 to 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. View MERIT stock price and chart for real-time trading data and today's change.

Merit Turizm Yatirim ve Isletme AS Cash Flow Conversion Ratio Explained

Merit Turizm Yatirim ve Isletme AS cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see Merit Turizm Yatirim ve Isletme AS market capitalisation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Vivani Medical Inc. NASDAQ:VANI	-0.318x
Daechang Forgi KO:015230	-0.004x
Sukgyung AT Co. Ltd. KQ:357550	0.047x
Orient Technologies Limited NSE:ORIENTTECH	-0.009x
Pearson PLC LSE:PSON	0.129x
SINGULAR PEOPLE S EO-1 F:H0U	N/A
Royce Global Value Trust Inc NYSE:RGT	0.001x
Fluent Inc NASDAQ:FLNT	-0.591x

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. Review Merit Turizm Yatirim ve Isletme AS free cash flow ratio to assess how much free cash flow the company generates relative to operating cash flow.

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

IS:MERIT Turkey Resorts & Casinos

Market Cap

$96.50 Million

TL4.31 Billion TRY

Market Cap Rank

#19090 Global

#214 in Turkey

Share Price

TL12.80

Change (1 day)

+0.95%

52-Week Range

TL11.40 - TL23.78

All Time High

TL311.20