Turk Tuborg Bira ve Malt Sanayi AS (TBORG) — Cash Flow-to-Debt Ratio
Turk Tuborg Bira ve Malt Sanayi AS (TBORG) has a Cash Flow-to-Debt Ratio of -0.15x as of March 2026, meaning its operating cash flow of TL-2.84 Billion could theoretically repay 0% of its total liabilities (TL19.15 Billion) in one year. See financial flexibility index of Turk Tuborg Bira ve Malt Sanayi AS 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
Turk Tuborg Bira ve Malt Sanayi AS Cash Flow-to-Debt Ratio (2003–2025)
Historical debt coverage capacity for Turk Tuborg Bira ve Malt Sanayi AS across 18 annual periods. For the full cash flow conversion analysis, see TBORG cash generation efficiency.
Annual Cash Flow-to-Debt Ratio for Turk Tuborg Bira ve Malt Sanayi AS (2003–2025)
Year-by-year debt coverage analysis for Turk Tuborg Bira ve Malt Sanayi AS. Check Turk Tuborg Bira ve Malt Sanayi AS (TBORG) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (TRY) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.17x | TL4.04 Billion | TL23.74 Billion | ▼ -67.1% |
| 2024 | 0.52x | TL7.89 Billion | TL15.28 Billion | ▲ +45.7% |
| 2023 | 0.35x | TL4.62 Billion | TL13.03 Billion | ▼ -2.4% |
| 2022 | 0.36x | TL1.68 Billion | TL4.61 Billion | ▼ -22.1% |
| 2021 | 0.47x | TL858.95 Million | TL1.84 Billion | ▼ -17.1% |
| 2020 | 0.56x | TL915.59 Million | TL1.63 Billion | ▲ +6.5% |
| 2019 | 0.53x | TL648.40 Million | TL1.23 Billion | ▲ +202.8% |
| 2018 | 0.17x | TL162.56 Million | TL933.22 Million | ▼ -63.7% |
| 2017 | 0.48x | TL299.39 Million | TL623.96 Million | ▲ +7.0% |
| 2016 | 0.45x | TL241.43 Million | TL538.52 Million | ▼ -9.1% |
| 2015 | 0.49x | TL198.26 Million | TL401.89 Million | ▼ -30.1% |
| 2014 | 0.71x | TL214.28 Million | TL303.72 Million | ▲ +43.2% |
| 2012 | 0.49x | TL91.42 Million | TL185.52 Million | ▲ +1142.5% |
| 2011 | 0.04x | TL6.67 Million | TL168.11 Million | ▼ -92.6% |
| 2009 | 0.53x | TL39.81 Million | TL74.47 Million | ▲ +481.1% |
| 2005 | 0.09x | TL14.19 Million | TL154.25 Million | ▲ +1587.3% |
| 2004 | 0.01x | TL715.00K | TL131.13 Million | ▼ -98.6% |
| 2003 | 0.39x | TL65.07 Million | TL165.05 Million | — |