Soke Degirmencilik AS Cash Flow Conversion Efficiency
Soke Degirmencilik AS cash flow conversion efficiency. Based on the latest financial reports, Soke Degirmencilik AS (SOKE) has a cash flow conversion efficiency ratio of 0.071x as of September 2024. 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 (TL213.19 Million ≈ $4.77 Million USD) by net assets (TL3.00 Billion ≈ $67.21 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Soke Degirmencilik AS (2021–2023)
Cash flow conversion efficiency of Soke Degirmencilik AS from 2021 to 2023. This chart illustrates how Soke Degirmencilik AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. View latest Soke Degirmencilik AS stock price today for real-time trading data and today's change.
Soke Degirmencilik AS Cash Flow Conversion Ratio Explained
Soke Degirmencilik 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.
Soke Degirmencilik AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Soke Degirmencilik AS ranked by their cash flow conversion efficiency. Also see Soke Degirmencilik AS market cap and net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
A SPAC II Acquisition Corp. Ordinary Shares
NASDAQ:ASCB
|
0.036x |
|
Cube Entertainment Inc
KQ:182360
|
-0.108x |
|
Intermediate Capital Group PLC
LSE:ICG
|
-0.019x |
|
VivoPower PLC
NASDAQ:VIVO
|
N/A |
|
Ibkimyoung Co. Ltd
KQ:339950
|
0.181x |
|
KGL Resources Limited
F:KN6
|
-0.003x |
|
Hoffmann Green Cement Technologies
PA:ALHGR
|
-0.244x |
|
Atari S.A.
PA:ALATA
|
3.806x |
Annual Cash Flow Conversion Efficiency for Soke Degirmencilik AS (2021–2023)
The table below shows the annual cash flow conversion efficiency of Soke Degirmencilik AS from 2021 to 2023. Review Soke Degirmencilik AS free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | TL2.37 Billion ≈ $53.17 Million |
TL-154.52 Million ≈ $-3.46 Million |
-0.065x | -135.08% |
| 2022-12-31 | TL1.62 Billion ≈ $36.36 Million |
TL301.24 Million ≈ $6.75 Million |
0.186x | +341.54% |
| 2021-12-31 | TL162.88 Million ≈ $3.65 Million |
TL-12.51 Million ≈ $-280.24K |
-0.077x | -- |
About Soke Degirmencilik AS
Söke Degirmencilik Sanayi ve Ticaret A.S. produces and sells flour and flour mixtures in Turkey. It offers flours, gluten free flours, bread flour mixes, professional flours, and professional bread mixes. The company was incorporated in 1961 and is headquartered in Aydin, Turkey. Söke Degirmencilik Sanayi ve Ticaret A.S. is a subsidiary of Ulusoy Un Sanayi ve Ticaret A.S.