Turkiye Sigorta AS Cash Flow Conversion Efficiency
Turkiye Sigorta AS cash flow conversion efficiency. 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 ≈ $44.46 Million USD) by net assets (TL23.07 Billion ≈ $516.71 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 Turkiye Sigorta AS (2008–2023)
Cash flow conversion efficiency of Turkiye Sigorta AS from 2008 to 2023. This chart illustrates how Turkiye Sigorta AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. View TURSG live share price for real-time trading data and today's change.
Turkiye Sigorta AS Cash Flow Conversion Ratio Explained
Turkiye Sigorta 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.
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. Also see Turkiye Sigorta AS market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Permian Basin Royalty Trust
NYSE:PBT
|
88.414x |
|
Savaria Corporation
TO:SIS
|
0.048x |
|
Sanquan Food Co Ltd
SHE:002216
|
0.057x |
|
Métropole Télévision S.A.
PA:MMT
|
0.027x |
|
Bank of Qingdao Co. Ltd
F:4BQ
|
0.180x |
|
Intellia Therapeutics Inc
NASDAQ:NTLA
|
-0.103x |
|
Nyocor Co Ltd
SHG:600821
|
0.138x |
|
Galecto Inc
NASDAQ:GLTO
|
-0.040x |
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. Review TURSG 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 | TL14.40 Billion ≈ $322.41 Million |
TL7.06 Billion ≈ $158.13 Million |
0.490x | -46.75% |
| 2022-12-31 | TL5.75 Billion ≈ $128.80 Million |
TL5.30 Billion ≈ $118.64 Million |
0.921x | +114.82% |
| 2021-12-31 | TL4.26 Billion ≈ $95.33 Million |
TL1.83 Billion ≈ $40.88 Million |
0.429x | +3.04% |
| 2020-12-31 | TL3.46 Billion ≈ $77.48 Million |
TL1.44 Billion ≈ $32.24 Million |
0.416x | -61.53% |
| 2019-12-31 | TL1.29 Billion ≈ $28.90 Million |
TL1.40 Billion ≈ $31.26 Million |
1.082x | +291.77% |
| 2018-12-31 | TL802.28 Million ≈ $17.97 Million |
TL221.52 Million ≈ $4.96 Million |
0.276x | -5.23% |
| 2017-12-31 | TL677.60 Million ≈ $15.18 Million |
TL197.42 Million ≈ $4.42 Million |
0.291x | +137.55% |
| 2016-12-31 | TL433.20 Million ≈ $9.70 Million |
TL53.13 Million ≈ $1.19 Million |
0.123x | -18.88% |
| 2015-12-31 | TL130.74 Million ≈ $2.93 Million |
TL19.77 Million ≈ $442.73K |
0.151x | -33.89% |
| 2014-12-31 | TL261.06 Million ≈ $5.85 Million |
TL59.71 Million ≈ $1.34 Million |
0.229x | +251.72% |
| 2013-12-31 | TL240.00 Million ≈ $5.38 Million |
TL15.61 Million ≈ $349.53K |
0.065x | +135.83% |
| 2009-12-31 | TL199.19 Million ≈ $4.46 Million |
TL-36.15 Million ≈ $-809.59K |
-0.181x | -359.15% |
| 2008-12-31 | TL209.30 Million ≈ $4.69 Million |
TL14.66 Million ≈ $328.26K |
0.070x | -- |
About 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. Türkiye Sigorta A.S. was formerly known as Günes Sigorta Anonim Sirketi and changed its name to Türkiye Sigorta A.S. in August 2020. The company was incor… Read more