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. See RAYSG defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

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.

Company	Cash Flow Conversion Efficiency
Atal SA WAR:1AT	-0.098x
Aeolus Tyre Co Ltd SHG:600469	0.039x
Longyan Zhuoyue New Energy Co Ltd SHG:688196	0.120x
Foshan Nationstar Optoelectronics Co Ltd SHE:002449	0.024x
OppFi Inc NYSE:OPFI	0.265x
Shanghai Pudong Road & Bridge Construction Co Ltd SHG:600284	0.035x
Maccura Biotechnology Co Ltd SHE:300463	0.024x
Santacruz Silver Mining Ltd. V:SCZ	0.042x

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. For the full company profile with market capitalisation and key ratios, see market value of Ray Sigorta AS.

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

$749.83 Million

TL33.48 Billion TRY

Market Cap Rank

#10411 Global

#95 in Turkey

Share Price

TL205.30

Change (1 day)

+2.96%

52-Week Range

TL177.70 - TL285.75

All Time High

TL748.00