Turkiye Sigorta AS
Türkiye Sigorta A.S. operates as a non-life insurance company in Turkey. It offers auto and non-auto accident, fire, transportation, engineering, health, agriculture, liability, financial losses, credit, and legal protection insurance products. The company was formerly known as Günes Sigorta Anonim Sirketi and changed its name to Türkiye Sigorta A.S. in August 2020. The company was incorporated i… Read more
Turkiye Sigorta AS (TURSG) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.086x
Based on the latest financial reports, Turkiye Sigorta AS (TURSG) has a cash flow conversion efficiency ratio of 0.086x 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 (TL1.99 Billion) by net assets (TL23.07 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Turkiye Sigorta AS - Cash Flow Conversion Efficiency Trend (2008–2023)
This chart illustrates how Turkiye Sigorta AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Turkiye Sigorta AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Turkiye Sigorta AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shenzhen Jove Enterprise Co. Ltd.
SHE:300814
|
0.051x |
|
H2O Retailing Corporation
PINK:HTOCF
|
N/A |
|
Harvia Oyj
PINK:HRVFF
|
0.123x |
|
BKI Investment Company Ltd
AU:BKI
|
0.025x |
|
Monte Rosa Therapeutics Inc
NASDAQ:GLUE
|
0.409x |
|
Center Laboratories
TWO:4123
|
0.002x |
|
Zhangjiagang Guangda Special Material Co Ltd
SHG:688186
|
-0.021x |
|
Zhejiang Jiangshan Chemical Co Ltd
SHE:002061
|
0.111x |
Annual Cash Flow Conversion Efficiency for Turkiye Sigorta AS (2008–2023)
The table below shows the annual cash flow conversion efficiency of Turkiye Sigorta AS from 2008 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | TL14.40 Billion | TL7.06 Billion | 0.490x | -46.75% |
| 2022-12-31 | TL5.75 Billion | TL5.30 Billion | 0.921x | +114.82% |
| 2021-12-31 | TL4.26 Billion | TL1.83 Billion | 0.429x | +3.04% |
| 2020-12-31 | TL3.46 Billion | TL1.44 Billion | 0.416x | -61.53% |
| 2019-12-31 | TL1.29 Billion | TL1.40 Billion | 1.082x | +291.77% |
| 2018-12-31 | TL802.28 Million | TL221.52 Million | 0.276x | -5.23% |
| 2017-12-31 | TL677.60 Million | TL197.42 Million | 0.291x | +137.55% |
| 2016-12-31 | TL433.20 Million | TL53.13 Million | 0.123x | -18.88% |
| 2015-12-31 | TL130.74 Million | TL19.77 Million | 0.151x | -33.89% |
| 2014-12-31 | TL261.06 Million | TL59.71 Million | 0.229x | +251.72% |
| 2013-12-31 | TL240.00 Million | TL15.61 Million | 0.065x | +135.83% |
| 2009-12-31 | TL199.19 Million | TL-36.15 Million | -0.181x | -359.15% |
| 2008-12-31 | TL209.30 Million | TL14.66 Million | 0.070x | -- |