Nigbas Nigde Beton Sanayi ve Ticaret AS (NIBAS) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.054x

Based on the latest financial reports, Nigbas Nigde Beton Sanayi ve Ticaret AS (NIBAS) has a cash flow conversion efficiency ratio of -0.054x 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 (TL-41.23 Million ≈ $-923.38K USD) by net assets (TL770.09 Million ≈ $17.25 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 NIBAS net asset quality score to measure how much of total assets are equity-financed.

Nigbas Nigde Beton Sanayi ve Ticaret AS - Cash Flow Conversion Efficiency Trend (2013–2024)

This chart illustrates how Nigbas Nigde Beton Sanayi ve Ticaret AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check NIBAS operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

Nigbas Nigde Beton Sanayi ve Ticaret AS Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Nigbas Nigde Beton Sanayi ve Ticaret AS ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Florentaise SA PA:ALFLO	0.233x
Keyang Electric Machinery Co Ltd KO:012205	-0.186x
Mask Investments Limited NSE:MASKINVEST	-0.002x
Foresight Solar Fund Ltd LSE:FSFL	0.015x
Blue Coast Hotels Limited NSE:BLUECOAST	0.010x
Nala Digital Commerce Ltd TA:SEFA	0.343x
Careteq Ltd AU:CTQ	-0.265x
Blockmate Ventures Inc V:MATE	0.102x

Annual Cash Flow Conversion Efficiency for Nigbas Nigde Beton Sanayi ve Ticaret AS (2013–2024)

The table below shows the annual cash flow conversion efficiency of Nigbas Nigde Beton Sanayi ve Ticaret AS from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see market value of Nigbas Nigde Beton Sanayi ve Ticaret AS.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	TL621.70 Million ≈ $13.92 Million	TL-3.49 Million ≈ $-78.20K	-0.006x	+71.20%
2023-12-31	TL642.86 Million ≈ $14.40 Million	TL-12.53 Million ≈ $-280.74K	-0.019x	+33.63%
2022-12-31	TL250.82 Million ≈ $5.62 Million	TL-7.37 Million ≈ $-165.04K	-0.029x	-451.10%
2021-12-31	TL151.00 Million ≈ $3.38 Million	TL1.26 Million ≈ $28.30K	0.008x	-72.98%
2020-12-31	TL87.91 Million ≈ $1.97 Million	TL2.72 Million ≈ $60.98K	0.031x	+153.09%
2019-12-31	TL97.84 Million ≈ $2.19 Million	TL-5.71 Million ≈ $-127.83K	-0.058x	+17.78%
2018-12-31	TL53.54 Million ≈ $1.20 Million	TL-3.80 Million ≈ $-85.09K	-0.071x	-111.38%
2017-12-31	TL32.63 Million ≈ $730.85K	TL-1.10 Million ≈ $-24.53K	-0.034x	-227.80%
2016-12-31	TL37.46 Million ≈ $838.92K	TL983.82K ≈ $22.04K	0.026x	-81.58%
2015-12-31	TL40.68 Million ≈ $911.12K	TL5.80 Million ≈ $129.90K	0.143x	+0.28%
2014-12-31	TL34.13 Million ≈ $764.51K	TL4.85 Million ≈ $108.69K	0.142x	-54.17%
2013-12-31	TL31.25 Million ≈ $700.03K	TL9.70 Million ≈ $217.19K	0.310x	--

About Nigbas Nigde Beton Sanayi ve Ticaret AS

IS:NIBAS Turkey Engineering & Construction

Market Cap

$4.95 Million

TL220.86 Million TRY

Market Cap Rank

#28610 Global

#478 in Turkey

Share Price

TL4.09

Change (1 day)

+0.74%

52-Week Range

TL3.40 - TL32.88

All Time High

TL90.25