Marti Technologies Inc. (MRT) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Marti Technologies Inc. (MRT) has a cash flow conversion efficiency ratio of 0.034x as of June 2025. 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 ($-2.50 Million) by net assets ($-73.16 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Marti Technologies Inc. - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how Marti Technologies Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Marti Technologies Inc. total liabilities for a breakdown of total debt and financial obligations.
Marti Technologies Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Marti Technologies Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Marti Technologies Inc.
NYSE MKT:MRT
|
0.034x |
|
Shane Global Holding Inc
TW:8482
|
0.060x |
|
Aimei Health Technology Co., Ltd Ordinary Share
NASDAQ:AFJK
|
-0.002x |
|
Athens Medical C.S.A.
AT:IATR
|
0.029x |
|
Chiang Mai Ram Medical Business Public Company Limited
BK:CMR
|
0.074x |
|
CTT Systems AB
ST:CTT
|
-0.019x |
|
MEDICLIN Aktiengesellschaft
XETRA:MED
|
0.097x |
|
Navkar Corporation Limited
NSE:NAVKARCORP
|
0.015x |
Annual Cash Flow Conversion Efficiency for Marti Technologies Inc. (2020–2024)
The table below shows the annual cash flow conversion efficiency of Marti Technologies Inc. from 2020 to 2024. For the full company profile with market capitalisation and key ratios, see market value of Marti Technologies Inc..
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $-61.44 Million | $-25.08 Million | 0.408x | -10.23% |
| 2023-12-31 | $-32.70 Million | $-14.87 Million | 0.455x | +163.22% |
| 2022-12-31 | $7.60 Million | $-5.47 Million | -0.719x | -265.55% |
| 2021-12-31 | $20.52 Million | $-4.04 Million | -0.197x | -125.21% |
| 2020-12-31 | $2.69 Million | $2.10 Million | 0.780x | -- |
About Marti Technologies Inc.
Marti Technologies, Inc. provides tech-enabled urban transportation services to riders in Turkey. It also operates a mobility app that provides multiple transportation services, such as a ride hailing service that matches riders with car, motorcycle, and taxi drivers, as well as operates a fleet of e-mopeds, e-bikes, and e-scooters. In addition, the company offers driver subscription package, whi… Read more