Turk Tuborg Bira ve Malt Sanayi AS (TBORG) — Cash Flow Quality Index
Turk Tuborg Bira ve Malt Sanayi AS (TBORG) has a Cash Flow Quality Index of 0.20x as of September 2025. Operating cash flow of TL787.60 Million is below net income of TL4.00 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore TBORG operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Turk Tuborg Bira ve Malt Sanayi AS Cash Flow Quality Index (2003–2025)
Historical Cash Flow Quality Index for Turk Tuborg Bira ve Malt Sanayi AS across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Turk Tuborg Bira ve Malt Sanayi AS cash flow conversion.
Annual Cash Flow Quality Index for Turk Tuborg Bira ve Malt Sanayi AS (2003–2025)
Year-by-year earnings quality comparison for Turk Tuborg Bira ve Malt Sanayi AS.
| Year | Quality Index | Operating CF (TRY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.20x | TL4.04 Billion | TL3.38 Billion | ▼ -21.5% |
| 2024 | 1.52x | TL7.89 Billion | TL5.18 Billion | ▼ -50.9% |
| 2023 | 3.10x | TL4.62 Billion | TL1.49 Billion | ▲ +275.6% |
| 2022 | 0.83x | TL1.68 Billion | TL2.03 Billion | ▲ +15.8% |
| 2021 | 0.71x | TL858.95 Million | TL1.20 Billion | ▼ -59.1% |
| 2020 | 1.74x | TL915.59 Million | TL525.32 Million | ▲ +17.6% |
| 2019 | 1.48x | TL648.40 Million | TL437.46 Million | ▲ +289.9% |
| 2018 | 0.38x | TL162.56 Million | TL427.67 Million | ▼ -60.9% |
| 2017 | 0.97x | TL299.39 Million | TL307.78 Million | ▼ -4.6% |
| 2016 | 1.02x | TL241.43 Million | TL236.89 Million | ▼ -18.9% |
| 2015 | 1.26x | TL198.26 Million | TL157.75 Million | ▼ -29.6% |
| 2014 | 1.79x | TL214.28 Million | TL120.00 Million | ▼ -20.9% |
| 2012 | 2.26x | TL91.42 Million | TL40.48 Million | ▼ -27.2% |
| 2003 | 3.10x | TL65.07 Million | TL20.98 Million | — |