Can2 Termik AS (CANTE) — Cash Flow Quality Index

Latest as of September 2023: 0.70x

Can2 Termik AS (CANTE) has a Cash Flow Quality Index of 0.70x as of September 2023. Operating cash flow of TL375.34 Million is below net income of TL536.36 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore CANTE debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.70x
Operating CF / Net Income

Operating Cash Flow

TL375.34 Million
TRY

Net Income

TL536.36 Million
TRY

Data as of

Sep 2023
Most recent filing

Can2 Termik AS Cash Flow Quality Index (2020–2023)

Historical Cash Flow Quality Index for Can2 Termik AS across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Can2 Termik AS generate cash.

Annual Cash Flow Quality Index for Can2 Termik AS (2020–2023)

Year-by-year earnings quality comparison for Can2 Termik AS.

Year Quality Index Operating CF (TRY) Net Income YoY Change
2023 10.19x TL6.57 Billion TL645.03 Million ▲ +2014.2%
2022 0.48x TL1.03 Billion TL2.14 Billion ▼ -91.1%
2020 5.40x TL201.66 Million TL37.35 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.