Tureks Turizm Tasimacilik AS (TUREX) - Cash Flow Conversion Efficiency

Latest as of March 2022: 0.003x

Based on the latest financial reports, Tureks Turizm Tasimacilik AS (TUREX) has a cash flow conversion efficiency ratio of 0.003x as of March 2022. 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 (TL1.11 Million ≈ $24.83K USD) by net assets (TL374.83 Million ≈ $8.40 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 Tureks Turizm Tasimacilik AS (TUREX) balance sheet quality index to measure how much of total assets are equity-financed.

Tureks Turizm Tasimacilik AS - Cash Flow Conversion Efficiency Trend (2018–2023)

This chart illustrates how Tureks Turizm Tasimacilik AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Tureks Turizm Tasimacilik AS (TUREX) cash flow quality to evaluate the quality of earnings relative to operating cash generation.

Tureks Turizm Tasimacilik AS Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Tureks Turizm Tasimacilik AS ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Michman Basad Ltd TA:MCMN	-0.271x
NH SPAC 2 KQ:206640	0.043x
Action SA WAR:ACT	0.146x
Unisys Corporation NYSE:UIS	-0.133x
Panion & BF Biotech Inc TW:1760	0.039x
QuasarEdge Acquisition Corporation NYSE:QRED	N/A
Inveo Yatirim Holding AS IS:INVEO	-0.014x
Humacyte Inc NASDAQ:HUMA	-8.403x

Annual Cash Flow Conversion Efficiency for Tureks Turizm Tasimacilik AS (2018–2023)

The table below shows the annual cash flow conversion efficiency of Tureks Turizm Tasimacilik AS from 2018 to 2023. For the full company profile with market capitalisation and key ratios, see how much is Tureks Turizm Tasimacilik AS worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2023-12-31	TL5.29 Billion ≈ $118.47 Million	TL759.56 Million ≈ $17.01 Million	0.144x	+24.02%
2022-12-31	TL1.48 Billion ≈ $33.07 Million	TL170.97 Million ≈ $3.83 Million	0.116x	-49.04%
2021-12-31	TL370.36 Million ≈ $8.30 Million	TL84.15 Million ≈ $1.88 Million	0.227x	-29.33%
2020-12-31	TL216.53 Million ≈ $4.85 Million	TL69.62 Million ≈ $1.56 Million	0.322x	-43.33%
2019-12-31	TL138.12 Million ≈ $3.09 Million	TL78.36 Million ≈ $1.76 Million	0.567x	-25.63%
2018-12-31	TL71.46 Million ≈ $1.60 Million	TL54.52 Million ≈ $1.22 Million	0.763x	--

About Tureks Turizm Tasimacilik AS

IS:TUREX Turkey Railroads

Market Cap

$159.65 Million

TL7.13 Billion TRY

Market Cap Rank

#17433 Global

#219 in Turkey

Share Price

TL6.60

Change (1 day)

-0.30%

52-Week Range

TL6.59 - TL11.51

All Time High

TL243.90