Parsan Makina Parcalari Sanayi AS (PARSN) — Cash Flow Quality Index
Parsan Makina Parcalari Sanayi AS (PARSN) has a Cash Flow Quality Index of -0.17x as of March 2024. Operating cash flow of TL-10.02 Million is below net income of TL59.32 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can Parsan Makina Parcalari Sanayi 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
Parsan Makina Parcalari Sanayi AS Cash Flow Quality Index (2011–2023)
Historical Cash Flow Quality Index for Parsan Makina Parcalari Sanayi AS across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Parsan Makina Parcalari Sanayi AS cash flow conversion.
Annual Cash Flow Quality Index for Parsan Makina Parcalari Sanayi AS (2011–2023)
Year-by-year earnings quality comparison for Parsan Makina Parcalari Sanayi AS.
| Year | Quality Index | Operating CF (TRY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 0.73x | TL266.36 Million | TL365.13 Million | ▲ +20.4% |
| 2022 | 0.61x | TL441.33 Million | TL728.45 Million | ▲ +346.5% |
| 2021 | -0.25x | TL-40.15 Million | TL163.34 Million | ▼ -119.6% |
| 2020 | 1.26x | TL154.72 Million | TL123.19 Million | ▼ -78.6% |
| 2017 | 5.86x | TL58.57 Million | TL10.00 Million | ▲ +52.8% |
| 2015 | 3.83x | TL72.74 Million | TL18.97 Million | ▲ +1377.7% |
| 2014 | 0.26x | TL6.53 Million | TL25.14 Million | ▼ -6.2% |
| 2013 | 0.28x | TL2.96 Million | TL10.71 Million | ▼ -89.8% |
| 2012 | 2.71x | TL23.74 Million | TL8.75 Million | ▲ +537.3% |
| 2011 | 0.43x | TL12.59 Million | TL29.57 Million | — |