Merko Gida Sanayi ve Ticaret AS (MERKO) — Cash Flow Quality Index
Merko Gida Sanayi ve Ticaret AS (MERKO) has a Cash Flow Quality Index of -15.69x as of March 2025. Operating cash flow of TL-763.84 Million is below net income of TL48.67 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore MERKO debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Merko Gida Sanayi ve Ticaret AS Cash Flow Quality Index (2009–2023)
Historical Cash Flow Quality Index for Merko Gida Sanayi ve Ticaret AS across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Merko Gida Sanayi ve Ticaret AS (MERKO) cash flow conversion.
Annual Cash Flow Quality Index for Merko Gida Sanayi ve Ticaret AS (2009–2023)
Year-by-year earnings quality comparison for Merko Gida Sanayi ve Ticaret AS.
| Year | Quality Index | Operating CF (TRY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 2.38x | TL275.18 Million | TL115.83 Million | ▼ -75.3% |
| 2021 | 9.60x | TL18.29 Million | TL1.90 Million | ▲ +246.0% |
| 2020 | -6.57x | TL-37.90 Million | TL5.77 Million | ▼ -554.6% |
| 2015 | -1.00x | TL-661.74K | TL658.94K | ▼ -308.3% |
| 2014 | 0.48x | TL4.16 Million | TL8.64 Million | ▼ -94.3% |
| 2012 | 8.45x | TL3.37 Million | TL399.00K | ▲ +590.3% |
| 2009 | 1.22x | TL8.88 Million | TL7.25 Million | — |