Turk Tuborg Bira ve Malt Sanayi AS (TBORG) - Cash Flow Conversion Efficiency

Latest as of March 2026: -0.113x

Based on the latest financial reports, Turk Tuborg Bira ve Malt Sanayi AS (TBORG) has a cash flow conversion efficiency ratio of -0.113x as of March 2026. 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-2.84 Billion ≈ $-63.54 Million USD) by net assets (TL25.15 Billion ≈ $563.20 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 TBORG net asset quality index to measure how much of total assets are equity-financed.

Turk Tuborg Bira ve Malt Sanayi AS - Cash Flow Conversion Efficiency Trend (2003–2025)

This chart illustrates how Turk Tuborg Bira ve Malt Sanayi AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Turk Tuborg Bira ve Malt Sanayi AS earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

Turk Tuborg Bira ve Malt Sanayi AS Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Turk Tuborg Bira ve Malt Sanayi AS ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Ratos AB (publ) ST:RATO-B	0.042x
Limin Chemical Co Ltd SHE:002734	0.028x
AMG Advanced Metallurgical Group NV AS:AMG	-0.018x
Shanghai Cooltech Power Co Ltd SHE:300153	0.040x
Medartis Holding AG SW:MED	0.088x
Wenzhou Hongfeng Electrical Alloy Co Ltd SHE:300283	0.047x
Jiangsu General Science Tech SHG:601500	0.094x
BlackRock Technology and Private Equity Term Trust NYSE:BTX	-0.007x

Annual Cash Flow Conversion Efficiency for Turk Tuborg Bira ve Malt Sanayi AS (2003–2025)

The table below shows the annual cash flow conversion efficiency of Turk Tuborg Bira ve Malt Sanayi AS from 2003 to 2025. For the full company profile with market capitalisation and key ratios, see Turk Tuborg Bira ve Malt Sanayi AS market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	TL23.59 Billion ≈ $528.28 Million	TL4.04 Billion ≈ $90.49 Million	0.171x	-50.16%
2024-12-31	TL22.96 Billion ≈ $514.35 Million	TL7.89 Billion ≈ $176.77 Million	0.344x	+10.22%
2023-12-31	TL14.82 Billion ≈ $331.85 Million	TL4.62 Billion ≈ $103.47 Million	0.312x	-22.91%
2022-12-31	TL4.14 Billion ≈ $92.78 Million	TL1.68 Billion ≈ $37.53 Million	0.404x	+37.82%
2021-12-31	TL2.93 Billion ≈ $65.55 Million	TL858.95 Million ≈ $19.24 Million	0.294x	-41.32%
2020-12-31	TL1.83 Billion ≈ $41.00 Million	TL915.59 Million ≈ $20.51 Million	0.500x	+0.74%
2019-12-31	TL1.31 Billion ≈ $29.25 Million	TL648.40 Million ≈ $14.52 Million	0.497x	+329.25%
2018-12-31	TL1.41 Billion ≈ $31.48 Million	TL162.56 Million ≈ $3.64 Million	0.116x	-59.92%
2017-12-31	TL1.04 Billion ≈ $23.24 Million	TL299.39 Million ≈ $6.71 Million	0.289x	-10.71%
2016-12-31	TL747.04 Million ≈ $16.73 Million	TL241.43 Million ≈ $5.41 Million	0.323x	-16.95%
2015-12-31	TL509.50 Million ≈ $11.41 Million	TL198.26 Million ≈ $4.44 Million	0.389x	-35.82%
2014-12-31	TL353.43 Million ≈ $7.92 Million	TL214.28 Million ≈ $4.80 Million	0.606x	-0.67%
2012-12-31	TL149.78 Million ≈ $3.35 Million	TL91.42 Million ≈ $2.05 Million	0.610x	+811.56%
2011-12-31	TL99.57 Million ≈ $2.23 Million	TL6.67 Million ≈ $149.32K	0.067x	-80.87%
2009-12-31	TL113.77 Million ≈ $2.55 Million	TL39.81 Million ≈ $891.64K	0.350x	+54.73%
2005-12-31	TL62.75 Million ≈ $1.41 Million	TL14.19 Million ≈ $317.84K	0.226x	+4414.96%
2004-12-31	TL142.74 Million ≈ $3.20 Million	TL715.00K ≈ $16.01K	0.005x	-98.60%
2003-12-31	TL181.93 Million ≈ $4.07 Million	TL65.07 Million ≈ $1.46 Million	0.358x	--

About Turk Tuborg Bira ve Malt Sanayi AS

IS:TBORG Turkey Beverages - Brewers

Market Cap

$939.76 Million

TL41.96 Billion TRY

Market Cap Rank

#9022 Global

#76 in Turkey

Share Price

TL130.10

Change (1 day)

+0.77%

52-Week Range

TL124.30 - TL208.10

All Time High

TL208.10