Panelsan Cati Cephe Sistemleri Sanayi ve Ticaret AS (PNLSN) — Net Asset Quality Index

Panelsan Cati Cephe Sistemleri Sanayi ve Ticaret AS (PNLSN) has a Net Asset Quality Index of 65.8% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of TL4.15 Billion minus total liabilities of TL1.42 Billion yields net assets of TL2.73 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See PNLSN defensive asset coverage days to measure how many days the company can operate on defensive assets alone.