Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS (INDES) — Cash Flow-to-Debt Ratio
Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS (INDES) has a Cash Flow-to-Debt Ratio of 0.04x as of September 2025, meaning its operating cash flow of TL985.26 Million could theoretically repay 0% of its total liabilities (TL25.32 Billion) in one year. See financial flexibility index of Indeks Bilgisayar Sistemleri Muhendislik to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS Cash Flow-to-Debt Ratio (2003–2024)
Historical debt coverage capacity for Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS across 21 annual periods. For the full cash flow conversion analysis, see how efficiently does Indeks Bilgisayar Sistemleri Muhendislik generate cash.
Annual Cash Flow-to-Debt Ratio for Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS (2003–2024)
Year-by-year debt coverage analysis for Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS. Check INDES cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (TRY) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.17x | TL3.15 Billion | TL18.45 Billion | ▲ +27.5% |
| 2023 | 0.13x | TL1.86 Billion | TL13.93 Billion | ▼ -31.1% |
| 2022 | 0.19x | TL1.32 Billion | TL6.80 Billion | ▲ +52.5% |
| 2021 | 0.13x | TL746.11 Million | TL5.86 Billion | ▼ -56.1% |
| 2020 | 0.29x | TL985.02 Million | TL3.39 Billion | ▲ +313.2% |
| 2019 | -0.14x | TL-241.85 Million | TL1.78 Billion | ▼ -187.7% |
| 2018 | 0.16x | TL171.00 Million | TL1.10 Billion | ▲ +87.4% |
| 2017 | 0.08x | TL130.99 Million | TL1.58 Billion | ▼ -66.4% |
| 2016 | 0.25x | TL295.59 Million | TL1.20 Billion | ▲ +344.8% |
| 2015 | -0.10x | TL-118.72 Million | TL1.18 Billion | ▼ -252.2% |
| 2014 | -0.03x | TL-25.38 Million | TL887.81 Million | ▼ -151.0% |
| 2013 | 0.06x | TL34.12 Million | TL608.74 Million | ▼ -9.1% |
| 2012 | 0.06x | TL32.77 Million | TL531.28 Million | ▲ +27.5% |
| 2011 | 0.05x | TL23.88 Million | TL493.83 Million | ▼ -59.3% |
| 2010 | 0.12x | TL49.63 Million | TL417.69 Million | ▲ +1403.8% |
| 2009 | 0.01x | TL2.56 Million | TL323.97 Million | ▼ -57.0% |
| 2008 | 0.02x | TL4.43 Million | TL241.43 Million | ▼ -72.0% |
| 2007 | 0.07x | TL16.77 Million | TL255.75 Million | ▲ +42.1% |
| 2005 | 0.05x | TL7.80 Million | TL169.08 Million | ▼ -2.7% |
| 2004 | 0.05x | TL6.17 Million | TL130.16 Million | ▼ -33.3% |
| 2003 | 0.07x | TL7.72 Million | TL108.57 Million | — |