Ray Sigorta AS
Ray Sigorta Anonim Sirketi engages in the non-life insurance business in Turkey. The company offers accident, illness - health, land vehicles, aircraft, watercraft, transportation, fire, natural disasters, general damages, credit, financial losses, and legal protection insurance services; home insurance policies; and general liability insurance solutions. It sells its products through agencies, a… Read more
Ray Sigorta AS (RAYSG) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: -0.182x
Based on the latest financial reports, Ray Sigorta AS (RAYSG) has a cash flow conversion efficiency ratio of -0.182x as of June 2023.
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-253.27 Million) by net assets (TL1.39 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Ray Sigorta AS - Cash Flow Conversion Efficiency Trend (2014–2022)
This chart illustrates how Ray Sigorta 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.
Ray Sigorta AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ray Sigorta AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Indointernet Tbk PT
JK:EDGE
|
0.095x |
|
SAMSE S.A.
LSE:0GLY
|
N/A |
|
Aneka Gas Industri Tbk PT
JK:AGII
|
0.026x |
|
Trøndelag Sparebank
OL:TRSB
|
-0.120x |
|
Motisons Jewellers Ltd
NSE:MOTISONS
|
-0.124x |
|
Wattanapat Hospital Trang Public Company Limited
BK:WPH
|
0.047x |
|
Tung Ho Textile Co Ltd
TW:1414
|
0.013x |
|
Icure Pharmaceutical Incorporation
KQ:175250
|
-0.068x |
Annual Cash Flow Conversion Efficiency for Ray Sigorta AS (2014–2022)
The table below shows the annual cash flow conversion efficiency of Ray Sigorta AS from 2014 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | TL890.88 Million | TL1.11 Billion | 1.249x | +947.68% |
| 2021-12-31 | TL439.74 Million | TL-64.81 Million | -0.147x | -140.52% |
| 2020-12-31 | TL337.90 Million | TL122.92 Million | 0.364x | -16.22% |
| 2019-12-31 | TL262.15 Million | TL113.82 Million | 0.434x | +1355.27% |
| 2018-12-31 | TL212.17 Million | TL6.33 Million | 0.030x | -86.21% |
| 2017-12-31 | TL184.93 Million | TL40.00 Million | 0.216x | -71.86% |
| 2016-12-31 | TL126.33 Million | TL97.12 Million | 0.769x | +742.77% |
| 2015-12-31 | TL94.01 Million | TL8.58 Million | 0.091x | -27.95% |
| 2014-12-31 | TL109.65 Million | TL13.88 Million | 0.127x | -- |