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.

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. Read RAYSG total liabilities for a breakdown of total debt and financial obligations.

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
JINXIN FERT.GRP HD-00001 F:3NX	N/A
GKHT Medical Technology Co. Ltd. A SHE:301370	N/A
Nanosonics Ltd AU:NAN	0.109x
Winstek Semiconductor Co Ltd TWO:3265	0.005x
John B Sanfilippo & Son Inc NASDAQ:JBSS	0.169x
Cubic Sensor and Instrument Co Ltd SHG:688665	0.041x
Shenzhen Sunwin Intelligent SHE:300044	-0.017x
Hangzhou AGS MedTech Co. Ltd. A SHG:688581	N/A

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

$720.61 Million

TL32.17 Billion TRY

Market Cap Rank

#10694 Global

#93 in Turkey

Share Price

TL197.30

Change (1 day)

-1.35%

52-Week Range

TL187.40 - TL285.75

All Time High

TL748.00