Ray Sigorta AS Cash Flow Conversion Efficiency
Ray Sigorta AS cash flow conversion efficiency. 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 (RAYSG) total market value for the company's overall valuation and market capitalisation.
Cash Flow Conversion Efficiency of Ray Sigorta AS (2014–2022)
Cash flow conversion efficiency of Ray Sigorta AS from 2014 to 2022. This chart illustrates how Ray Sigorta AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Ray Sigorta AS stock price for real-time trading data and today's change.
Ray Sigorta AS Cash Flow Conversion Ratio Explained
Ray Sigorta AS cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Review Ray Sigorta AS free cash flow ratio to assess how much free cash flow the company generates relative to operating cash flow.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Seah Holdings
KO:058650
|
0.007x |
|
Aten International Co Ltd
TW:6277
|
0.034x |
|
Raisio Oyj Vaihto-osake
HE:RAIVV
|
0.032x |
|
Transcontinental Realty Investors
NYSE:TCI
|
-0.003x |
|
Shenzhen Bioeasy Biotechnology Co. Ltd.
SHE:300942
|
0.010x |
|
Zhejiang Dibay Electric Co Ltd
SHG:603320
|
0.023x |
|
Hangzhou Juheshun New Material Co Ltd
SHG:605166
|
-0.008x |
|
Ho Chi Minh City Infrastructure Investment JSC
VN:CII
|
-0.047x |
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. Also see RAYSG total assets for a full breakdown of the balance sheet.
| 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
Ray Sigorta Anonim Sirketi engages in the non-life insurance business in Turkey. The company offers personal accidents, casco, motor third party liability, travel, workplace, cyber security, health, and home insurance. It also provides fire, TCIP, marine, casualty, engineering, liability, and agriculture insurance, as well as motor own damage; motor facultative TPL; legal protection; and company'… Read more