Turk Traktor ve Ziraat Makineleri AS (TTRAK) — Tangible Net Worth Ratio
Turk Traktor ve Ziraat Makineleri AS (TTRAK) has a Tangible Net Worth Ratio of 67.9% as of December 2025. This metric is calculated by deducting intangible assets (TL5.37 Billion) from net assets (TL16.71 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See TTRAK working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Turk Traktor ve Ziraat Makineleri AS Tangible Net Worth Ratio (2003–2025)
This chart shows how Turk Traktor ve Ziraat Makineleri AS's Tangible Net Worth Ratio has changed across 23 annual periods from 2003 to 2025. As of December 2025, the ratio stands at 67.9%, reflecting net assets of TL16.71 Billion with intangible assets of TL5.37 Billion TRY. See Turk Traktor ve Ziraat Makineleri AS (TTRAK) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Turk Traktor ve Ziraat Makineleri AS (2003–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Turk Traktor ve Ziraat Makineleri AS from 2003 to 2025, covering 23 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Turk Traktor ve Ziraat Makineleri AS stock valuation.
| Year | Tangible NW Ratio | Net Assets (TRY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 67.9% | TL16.71 Billion | TL5.37 Billion | TL39.61 Billion | ▼ -9.8 pp |
| 2024 | 77.7% | TL16.97 Billion | TL3.79 Billion | TL35.93 Billion | ▼ -7.1 pp |
| 2023 | 84.8% | TL15.40 Billion | TL2.34 Billion | TL32.46 Billion | ▲ +1.9 pp |
| 2022 | 82.9% | TL3.64 Billion | TL621.82 Million | TL13.80 Billion | ▲ +4.3 pp |
| 2021 | 78.6% | TL2.05 Billion | TL438.58 Million | TL6.11 Billion | ▲ +2.0 pp |
| 2020 | 76.6% | TL1.44 Billion | TL336.75 Million | TL4.59 Billion | ▲ +15.3 pp |
| 2019 | 61.3% | TL764.01 Million | TL295.72 Million | TL2.92 Billion | ▲ +2.5 pp |
| 2018 | 58.8% | TL651.86 Million | TL268.75 Million | TL3.09 Billion | ▼ -12.7 pp |
| 2017 | 71.5% | TL757.77 Million | TL215.90 Million | TL2.79 Billion | ▼ -3.0 pp |
| 2016 | 74.6% | TL699.86 Million | TL178.09 Million | TL2.30 Billion | ▼ -24.3 pp |
| 2015 | 98.8% | TL650.91 Million | TL7.53 Million | TL2.02 Billion | ▼ -0.4 pp |
| 2014 | 99.2% | TL704.86 Million | TL5.32 Million | TL1.91 Billion | ▼ -0.1 pp |
| 2013 | 99.4% | TL743.32 Million | TL4.50 Million | TL1.49 Billion | ▼ -0.2 pp |
| 2012 | 99.6% | TL663.79 Million | TL2.75 Million | TL1.32 Billion | ▼ -0.1 pp |
| 2011 | 99.7% | TL595.59 Million | TL1.70 Million | TL1.24 Billion | ▲ +3.6 pp |
| 2010 | 96.1% | TL468.17 Million | TL18.33 Million | TL886.17 Million | ▼ -3.7 pp |
| 2009 | 99.8% | TL300.70 Million | TL575.00K | TL713.21 Million | ▼ 0.0 pp |
| 2008 | 99.8% | TL285.55 Million | TL539.00K | TL963.14 Million | ▼ -0.1 pp |
| 2007 | 99.9% | TL277.53 Million | TL377.00K | TL406.30 Million | ▼ 0.0 pp |
| 2006 | 99.9% | TL293.46 Million | TL392.00K | TL374.30 Million | ▼ 0.0 pp |
| 2005 | 99.9% | TL275.13 Million | TL266.00K | TL363.22 Million | ▲ +0.0 pp |
| 2004 | 99.9% | TL230.12 Million | TL241.00K | TL427.76 Million | ▲ +0.0 pp |
| 2003 | 99.9% | TL198.38 Million | TL257.00K | TL357.77 Million | — |