Turkish Airlines (THYAO) — Net Asset Quality Index
Turkish Airlines (THYAO) has a Net Asset Quality Index of 45.7% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of TL46.60 Billion minus total liabilities of TL25.29 Billion yields net assets of TL21.31 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check cash flow quality index of Turkish Airlines to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Turkish Airlines Net Asset Quality Index Over Time (2000–2025)
This chart shows how Turkish Airlines's Net Asset Quality Index has evolved across 26 annual periods from 2000 to 2025. As of December 2025, the index stands at 45.7%, representing net assets of TL21.31 Billion against total assets of TL46.60 Billion TRY. See Turkish Airlines (THYAO) net assets for net asset value and shareholders' equity analysis.
Annual Net Asset Quality Index for Turkish Airlines (2000–2025)
The table below presents the year-by-year Net Asset Quality Index for Turkish Airlines from 2000 to 2025, covering 26 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see THYAO stock market capitalisation.
| Year | Quality Index | Net Assets (TRY) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 45.7% | TL21.31 Billion | TL46.60 Billion | TL25.29 Billion | ▼ -2.9 pp |
| 2024 | 48.6% | TL680.01 Billion | TL1.40 Trillion | TL719.59 Billion | ▲ +5.1 pp |
| 2023 | 43.5% | TL457.11 Billion | TL1.05 Trillion | TL592.98 Billion | ▲ +12.2 pp |
| 2022 | 31.4% | TL181.43 Billion | TL578.57 Billion | TL397.14 Billion | ▲ +5.6 pp |
| 2021 | 25.8% | TL6.84 Billion | TL26.54 Billion | TL19.70 Billion | ▲ +4.7 pp |
| 2020 | 21.1% | TL39.51 Billion | TL187.40 Billion | TL147.89 Billion | ▼ -6.7 pp |
| 2019 | 27.8% | TL6.86 Billion | TL24.68 Billion | TL17.83 Billion | ▼ -0.9 pp |
| 2018 | 28.7% | TL5.91 Billion | TL20.62 Billion | TL14.70 Billion | ▼ -0.7 pp |
| 2017 | 29.4% | TL5.31 Billion | TL18.08 Billion | TL12.77 Billion | ▲ +1.9 pp |
| 2016 | 27.5% | TL5.07 Billion | TL18.45 Billion | TL13.38 Billion | ▼ -2.1 pp |
| 2015 | 29.6% | TL14.09 Billion | TL47.64 Billion | TL33.55 Billion | ▲ +0.9 pp |
| 2014 | 28.7% | TL9.15 Billion | TL31.88 Billion | TL22.72 Billion | ▲ +1.3 pp |
| 2013 | 27.4% | TL6.96 Billion | TL25.40 Billion | TL18.44 Billion | ▼ -1.4 pp |
| 2012 | 28.8% | TL5.41 Billion | TL18.78 Billion | TL13.38 Billion | ▲ +1.4 pp |
| 2011 | 27.4% | TL4.50 Billion | TL16.40 Billion | TL11.91 Billion | ▼ -7.8 pp |
| 2010 | 35.2% | TL3.75 Billion | TL10.65 Billion | TL6.90 Billion | ▼ -5.0 pp |
| 2009 | 40.2% | TL3.44 Billion | TL8.57 Billion | TL5.13 Billion | ▲ +2.2 pp |
| 2008 | 37.9% | TL2.99 Billion | TL7.87 Billion | TL4.89 Billion | ▼ -0.8 pp |
| 2007 | 38.7% | TL1.90 Billion | TL4.92 Billion | TL3.02 Billion | ▲ +3.7 pp |
| 2006 | 35.0% | TL1.61 Billion | TL4.60 Billion | TL2.99 Billion | ▼ -0.5 pp |
| 2005 | 35.5% | TL1.25 Billion | TL3.51 Billion | TL2.27 Billion | ▼ -2.1 pp |
| 2004 | 37.7% | TL1.11 Billion | TL2.95 Billion | TL1.84 Billion | ▲ +7.8 pp |
| 2003 | 29.9% | TL881.11 Trillion | TL2946.85 Trillion | TL2065.74 Trillion | ▼ -7.7 pp |
| 2002 | 37.6% | TL383.40 Trillion | TL1018.90 Trillion | TL635.50 Trillion | ▲ +9.5 pp |
| 2001 | 28.1% | TL167.17 Trillion | TL593.99 Trillion | TL426.82 Trillion | ▲ +5.5 pp |
| 2000 | 22.6% | TL83.47 Trillion | TL369.35 Trillion | TL285.89 Trillion | — |