Ray Sigorta AS (RAYSG) — Cash Flow Quality Index
Ray Sigorta AS (RAYSG) has a Cash Flow Quality Index of -1.11x as of June 2023. Operating cash flow of TL-253.27 Million is below net income of TL228.03 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore RAYSG long-term investments to assets to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Ray Sigorta AS Cash Flow Quality Index (2014–2022)
Historical Cash Flow Quality Index for Ray Sigorta AS across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible net worth ratio of Ray Sigorta AS to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Ray Sigorta AS (2014–2022)
Year-by-year earnings quality comparison for Ray Sigorta AS. For live market cap and the full company financial profile, see RAYSG company net worth.
| Year | Quality Index | Operating CF (TRY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2022 | 6.19x | TL1.11 Billion | TL179.72 Million | ▲ +752.8% |
| 2021 | -0.95x | TL-64.81 Million | TL68.32 Million | ▼ -145.5% |
| 2020 | 2.09x | TL122.92 Million | TL58.92 Million | ▼ -8.2% |
| 2019 | 2.27x | TL113.82 Million | TL50.08 Million | ▲ +919.3% |
| 2018 | 0.22x | TL6.33 Million | TL28.39 Million | ▼ -88.1% |
| 2017 | 1.88x | TL40.00 Million | TL21.28 Million | ▼ -36.3% |
| 2016 | 2.95x | TL97.12 Million | TL32.89 Million | ▼ -49.4% |
| 2014 | 5.84x | TL13.88 Million | TL2.38 Million | — |