Ray Sigorta AS (RAYSG) - Cash Flow Conversion Efficiency

Latest 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 ≈ $-5.67 Million USD) by net assets (TL1.39 Billion ≈ $31.09 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see Ray Sigorta AS stock valuation for the company's overall valuation and market capitalisation.

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.

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. Explore RAYSG cash flow quality index to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Mennica Polska S.A. WAR:MNC	0.014x
CJ ENM CO. Ltd KQ:035760	0.103x
YLZ Information Tech Co SHE:300096	-0.049x
Akis Gayrimenkul Yatirim Ortakligi AS IS:AKSGY	0.015x
Hello Group Inc NASDAQ:MOMO	0.015x
Elmera Group ASA OL:ELMRA	0.131x
Ur Energy Inc NYSE MKT:URG	-0.166x
Guangdong Sunwill Precising Plastic Co Ltd SHE:002676	0.061x

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. View current stock price of Ray Sigorta AS for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2022-12-31	TL890.88 Million ≈ $19.95 Million	TL1.11 Billion ≈ $24.93 Million	1.249x	+947.68%
2021-12-31	TL439.74 Million ≈ $9.85 Million	TL-64.81 Million ≈ $-1.45 Million	-0.147x	-140.52%
2020-12-31	TL337.90 Million ≈ $7.57 Million	TL122.92 Million ≈ $2.75 Million	0.364x	-16.22%
2019-12-31	TL262.15 Million ≈ $5.87 Million	TL113.82 Million ≈ $2.55 Million	0.434x	+1355.27%
2018-12-31	TL212.17 Million ≈ $4.75 Million	TL6.33 Million ≈ $141.78K	0.030x	-86.21%
2017-12-31	TL184.93 Million ≈ $4.14 Million	TL40.00 Million ≈ $895.90K	0.216x	-71.86%
2016-12-31	TL126.33 Million ≈ $2.83 Million	TL97.12 Million ≈ $2.18 Million	0.769x	+742.77%
2015-12-31	TL94.01 Million ≈ $2.11 Million	TL8.58 Million ≈ $192.09K	0.091x	-27.95%
2014-12-31	TL109.65 Million ≈ $2.46 Million	TL13.88 Million ≈ $310.93K	0.127x	--

About Ray Sigorta AS

IS:RAYSG Turkey Insurance - Diversified

Market Cap

$534.70 Million

TL23.87 Billion TRY

Market Cap Rank

#11914 Global

#104 in Turkey

Share Price

TL146.40

Change (1 day)

-2.72%

52-Week Range

TL146.40 - TL272.25

All Time High

TL748.00