Turkiye Sigorta AS (TURSG) - 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. See TURSG equity financing ratio to measure how much of total assets are equity-financed.
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. Check TURSG cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Shandong Yisheng Livestock & Poultry Breeding Co Ltd
SHE:002458
|
0.021x |
|
Butterfly Network Inc
NYSE:BFLY
|
-0.073x |
|
Macmahon Holdings Ltd
AU:MAH
|
0.187x |
|
BW Energy Ltd
OL:BWE
|
0.315x |
|
Zhongli Science and Technology Group Co Ltd
SHE:002309
|
0.182x |
|
Television Francaise 1 SA
PA:TFI
|
0.057x |
|
Silicon2 Co. Ltd.
KQ:257720
|
0.069x |
|
Distribution Solutions Group Inc
NASDAQ:DSGR
|
0.059x |
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. For the full company profile with market capitalisation and key ratios, see TURSG company net worth.
| 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. 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