Ray Sigorta AS (RAYSG) — Cash Flow Quality Index

Latest as of June 2023: -1.11x

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 Ray Sigorta AS (RAYSG) cash flow conversion to assess how effectively this company generates cash.

Cash Flow Quality Index

-1.11x
Operating CF / Net Income

Operating Cash Flow

TL-253.27 Million
TRY

Net Income

TL228.03 Million
TRY

Data as of

Jun 2023
Most recent filing

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 Ray Sigorta AS (RAYSG) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.