Aygaz AS (AYGAZ) — Cash Flow Quality Index
Latest as of December 2025:
0.09x
Aygaz AS (AYGAZ) has a Cash Flow Quality Index of 0.09x as of December 2025. Operating cash flow of TL202.57 Million is below net income of TL2.25 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore cash flow to debt ratio of Aygaz AS to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
0.09x
Operating CF / Net Income
Operating Cash Flow
TL202.57 Million
TRY
Net Income
TL2.25 Billion
TRY
Data as of
Dec 2025
Most recent filing
Aygaz AS Cash Flow Quality Index (2003–2025)
Historical Cash Flow Quality Index for Aygaz AS across 22 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Aygaz AS cash flow conversion.
Annual Cash Flow Quality Index for Aygaz AS (2003–2025)
Year-by-year earnings quality comparison for Aygaz AS.
| Year | Quality Index | Operating CF (TRY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.44x | TL2.18 Billion | TL5.00 Billion | ▲ +74.0% |
| 2024 | 0.25x | TL532.90 Million | TL2.12 Billion | ▼ -46.1% |
| 2023 | 0.47x | TL2.77 Billion | TL5.95 Billion | ▲ +1578.4% |
| 2022 | -0.03x | TL-149.12 Million | TL4.73 Billion | ▼ -109.0% |
| 2021 | 0.35x | TL235.01 Million | TL670.11 Million | ▼ -83.4% |
| 2019 | 2.11x | TL577.71 Million | TL273.48 Million | ▲ +106.8% |
| 2018 | 1.02x | TL233.28 Million | TL228.38 Million | ▲ +134.6% |
| 2017 | 0.44x | TL251.24 Million | TL577.02 Million | ▼ -68.9% |
| 2016 | 1.40x | TL582.38 Million | TL415.67 Million | ▲ +144.8% |
| 2015 | 0.57x | TL239.43 Million | TL418.38 Million | ▼ -56.2% |
| 2014 | 1.31x | TL284.63 Million | TL217.96 Million | ▲ +14.0% |
| 2013 | 1.15x | TL235.08 Million | TL205.25 Million | ▲ +113.8% |
| 2012 | 0.54x | TL162.61 Million | TL303.49 Million | ▲ +105.6% |
| 2011 | 0.26x | TL98.95 Million | TL379.70 Million | ▼ -83.9% |
| 2010 | 1.62x | TL388.44 Million | TL239.47 Million | ▲ +376.1% |
| 2009 | 0.34x | TL107.21 Million | TL314.66 Million | ▼ -98.5% |
| 2008 | 22.67x | TL376.52 Million | TL16.61 Million | ▲ +2687.7% |
| 2007 | 0.81x | TL292.05 Million | TL359.15 Million | ▲ +144.9% |
| 2006 | 0.33x | TL118.56 Million | TL357.07 Million | ▼ -78.1% |
| 2005 | 1.51x | TL136.65 Million | TL90.30 Million | ▲ +126.2% |
| 2004 | 0.67x | TL40.93 Million | TL61.18 Million | ▲ +380.5% |
| 2003 | 0.14x | TL16.79 Trillion | TL120.55 Trillion | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.