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.

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. Read Tureks Turizm Tasimacilik AS (TUREX) total liabilities for a breakdown of total debt and financial obligations.

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
Sound Point Meridian Capital, Inc. NYSE:SPMC	0.102x
Starpharma Holdings Ltd AU:SPL	0.182x
Sentral REIT KLSE:5123	0.108x
eGain Corporation NASDAQ:EGAN	0.114x
Ohio Valley Banc Corp NASDAQ:OVBC	0.046x
Nova Minerals Ltd AU:NVA	-0.028x
Ocean Plastics Co Ltd TW:1321	-0.006x
Black Rock Coffee Bar, Inc. Class A Common Stock NASDAQ:BRCB	0.049x

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 Tureks Turizm Tasimacilik AS market cap and net 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

$211.41 Million

TL9.44 Billion TRY

Market Cap Rank

#16324 Global

#200 in Turkey

Share Price

TL8.74

Change (1 day)

+2.34%

52-Week Range

TL6.72 - TL48.02

All Time High

TL243.90