Mercan Kimya Sanayi ve Ticaret AS (MERCN) — Cash Flow Quality Index
Mercan Kimya Sanayi ve Ticaret AS (MERCN) has a Cash Flow Quality Index of 3.92x as of September 2025. Operating cash flow of TL125.20 Million exceeds net income of TL31.94 Million, indicating high earnings quality where cash backs reported profits. Explore how well can Mercan Kimya Sanayi ve Ticaret AS service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Mercan Kimya Sanayi ve Ticaret AS Cash Flow Quality Index (2019–2023)
Historical Cash Flow Quality Index for Mercan Kimya Sanayi ve Ticaret AS across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Mercan Kimya Sanayi ve Ticaret AS.
Annual Cash Flow Quality Index for Mercan Kimya Sanayi ve Ticaret AS (2019–2023)
Year-by-year earnings quality comparison for Mercan Kimya Sanayi ve Ticaret AS.
| Year | Quality Index | Operating CF (TRY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 0.24x | TL21.36 Million | TL87.83 Million | ▲ +193.9% |
| 2022 | -0.26x | TL-56.46 Million | TL218.05 Million | ▲ +69.1% |
| 2021 | -0.84x | TL-101.78 Million | TL121.58 Million | ▼ -213.5% |
| 2020 | -0.27x | TL-8.16 Million | TL30.56 Million | ▼ -110.6% |
| 2019 | 2.51x | TL26.59 Million | TL10.58 Million | — |