Turkish Airlines Cash Flow Quality Index
Turkish Airlines cash flow quality index. Turkish Airlines (THYAO) has a Cash Flow Quality Index of 0.03x as of December 2025. Operating cash flow of TL1.07 Billion is below net income of TL38.78 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore debt repayment capacity of Turkish Airlines to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Turkish Airlines (2003–2025)
Cash flow quality index of Turkish Airlines from 2003 to 2025. Historical Cash Flow Quality Index for Turkish Airlines across 20 annual periods. Values consistently above 1.0x indicate high-quality earnings. See Turkish Airlines balance sheet quality to measure how much of total assets are equity-financed.
Turkish Airlines Cash Flow Quality Index by Year (2003–2025)
Turkish Airlines cash flow quality index by year from 2003 to 2025. Year-by-year earnings quality comparison for Turkish Airlines. For the full cash flow conversion analysis, see THYAO operating cash flow.
| Year | Quality Index | Operating CF (TRY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.48x | TL4.30 Billion | TL2.91 Billion | ▲ +4264.9% |
| 2024 | 0.03x | TL3.84 Billion | TL113.38 Billion | ▲ +32.6% |
| 2023 | 0.03x | TL4.91 Billion | TL192.28 Billion | ▼ -99.0% |
| 2022 | 2.47x | TL117.01 Billion | TL47.43 Billion | ▼ -59.0% |
| 2021 | 6.01x | TL49.36 Billion | TL8.21 Billion | ▲ +109.2% |
| 2019 | 2.87x | TL13.03 Billion | TL4.54 Billion | ▲ +20.9% |
| 2018 | 2.38x | TL9.61 Billion | TL4.04 Billion | ▼ -83.1% |
| 2017 | 14.10x | TL9.01 Billion | TL639.00 Million | ▲ +944.3% |
| 2015 | 1.35x | TL4.04 Billion | TL2.99 Billion | ▼ -7.1% |
| 2014 | 1.45x | TL2.64 Billion | TL1.82 Billion | ▼ -65.1% |
| 2013 | 4.16x | TL2.84 Billion | TL682.71 Million | ▲ +131.2% |
| 2012 | 1.80x | TL2.04 Billion | TL1.13 Billion | ▼ -97.9% |
| 2011 | 83.83x | TL1.55 Billion | TL18.52 Million | ▲ +2688.3% |
| 2010 | 3.01x | TL861.17 Million | TL286.44 Million | ▲ +42.9% |
| 2009 | 2.10x | TL1.18 Billion | TL559.08 Million | ▲ +61.3% |
| 2008 | 1.30x | TL1.48 Billion | TL1.13 Billion | ▼ -44.4% |
| 2006 | 2.34x | TL435.57 Million | TL185.75 Million | ▼ -25.6% |
| 2005 | 3.15x | TL435.94 Million | TL138.23 Million | ▲ +5.4% |
| 2004 | 2.99x | TL320.45 Million | TL107.06 Million | ▲ +24.4% |
| 2003 | 2.41x | TL514.56 Trillion | TL213.86 Trillion | — |