Tureks Turizm Tasimacilik AS (TUREX) — Tangible Net Worth Ratio

Latest as of March 2022: 100.0%

Tureks Turizm Tasimacilik AS (TUREX) has a Tangible Net Worth Ratio of 100.0% as of March 2022. This metric is calculated by deducting intangible assets (TL193.00) from net assets (TL374.83 Million) 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 Tureks Turizm Tasimacilik AS working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

TL374.83 Million
TRY

Intangible Assets

TL193.00
Goodwill, patents, brand value

Total Assets

TL617.99 Million
TRY

Tureks Turizm Tasimacilik AS Tangible Net Worth Ratio (2018–2023)

This chart shows how Tureks Turizm Tasimacilik AS's Tangible Net Worth Ratio has changed across 6 annual periods from 2018 to 2023. As of March 2022, the ratio stands at 100.0%, reflecting net assets of TL374.83 Million with intangible assets of TL193.00 TRY. See operational self-sufficiency of Tureks Turizm Tasimacilik AS to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Tureks Turizm Tasimacilik AS (2018–2023)

The table below presents the year-by-year Tangible Net Worth Ratio for Tureks Turizm Tasimacilik AS from 2018 to 2023, covering 6 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 Tureks Turizm Tasimacilik AS market capitalisation.

Year Tangible NW Ratio Net Assets (TRY) Intangible Assets Total Assets Change (pp)
2023 78.7% TL5.29 Billion TL1.13 Billion TL7.52 Billion ▼ -21.3 pp
2022 100.0% TL1.48 Billion TL0.00 TL2.31 Billion ▲ +0.0 pp
2021 100.0% TL370.36 Million TL232.00 TL543.86 Million ▲ +0.0 pp
2020 100.0% TL216.53 Million TL4.16K TL398.86 Million ▲ +0.0 pp
2019 100.0% TL138.12 Million TL8.71K TL303.38 Million ▲ +0.0 pp
2018 100.0% TL71.46 Million TL14.42K TL233.13 Million
pp = percentage points