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 65.8% as of March 2026. This metric is calculated by deducting intangible assets (TL5.84 Billion) from net assets (TL17.09 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 what is Turk Traktor ve Ziraat Makineleri AS's book value for net asset value and shareholders' equity analysis.
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 March 2026, the ratio stands at 65.8%, reflecting net assets of TL17.09 Billion with intangible assets of TL5.84 Billion TRY. Also explore TTRAK shareholders equity momentum to track the company's year-over-year net asset growth rate.
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 TTRAK company net worth.
| 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 | — |