Tekfen Holding AS (TKFEN) — Financial Flexibility Index

Latest as of December 2025: 0.08x

Tekfen Holding AS (TKFEN) has a Financial Flexibility Index of 0.08x as of December 2025. Free cash flow of TL3.17 Billion (operating CF TL2.79 Billion minus capex TL374.06 Million) represents 0% of total liabilities (TL39.41 Billion). Check TKFEN capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.08x
Free Cash Flow / Total Liabilities

Free Cash Flow

TL3.17 Billion
Operating CF − Capex

Total Liabilities

TL39.41 Billion
TRY

Capital Expenditures

TL374.06 Million
TRY

Tekfen Holding AS Financial Flexibility Index (2007–2025)

Historical Financial Flexibility Index trend for Tekfen Holding AS across 16 annual periods. For the full cash flow conversion analysis, see TKFEN cash flow conversion.

Annual Financial Flexibility Index for Tekfen Holding AS (2007–2025)

Year-by-year free cash flow to debt coverage for Tekfen Holding AS. Explore Tekfen Holding AS debt service capacity to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (TRY) Operating CF Total Liabilities YoY Change
2025 0.19x TL7.42 Billion TL4.59 Billion TL39.41 Billion ▼ -33.2%
2024 0.28x TL9.87 Billion TL6.82 Billion TL34.99 Billion ▲ +52.7%
2023 0.18x TL5.67 Billion TL3.58 Billion TL30.72 Billion ▲ +815.8%
2022 0.02x TL435.57 Million TL-355.26 Million TL21.60 Billion ▼ -72.0%
2021 0.07x TL1.02 Billion TL533.85 Million TL14.19 Billion ▲ +198.3%
2020 -0.07x TL-594.52 Million TL-1.09 Billion TL8.11 Billion ▼ -151.1%
2019 0.14x TL1.03 Billion TL771.54 Million TL7.17 Billion ▼ -55.2%
2018 0.32x TL2.44 Billion TL2.25 Billion TL7.61 Billion ▼ -0.2%
2017 0.32x TL2.04 Billion TL1.83 Billion TL6.36 Billion ▲ +63.4%
2016 0.20x TL842.09 Million TL686.42 Million TL4.29 Billion ▲ +60.7%
2015 0.12x TL432.56 Million TL194.72 Million TL3.54 Billion ▼ -32.2%
2014 0.18x TL533.52 Million TL133.49 Million TL2.96 Billion ▲ +18.8%
2012 0.15x TL306.78 Million TL199.77 Million TL2.02 Billion ▼ -26.2%
2011 0.21x TL382.46 Million TL313.09 Million TL1.86 Billion ▲ +5.3%
2009 0.20x TL259.76 Million TL218.75 Million TL1.33 Billion ▲ +26.8%
2007 0.15x TL185.35 Million TL112.63 Million TL1.20 Billion —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities