TAV HAVALIMAN.HLDG ADR/4 (5THA) — Working Capital to Net Assets Ratio
TAV HAVALIMAN.HLDG ADR/4 (5THA) has a Working Capital to Net Assets ratio of -13.6% as of March 2026. Working capital of €-207.76 Million (current assets of €750.23 Million minus current liabilities of €957.99 Million) is measured against net assets of €1.53 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 5THA cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
TAV HAVALIMAN.HLDG ADR/4 Working Capital to Net Assets (2022–2025)
This chart shows how TAV HAVALIMAN.HLDG ADR/4's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2022 to 2025. As of March 2026, the ratio stands at -13.6%, reflecting working capital of €-207.76 Million against net assets of €1.53 Billion EUR. For the complete balance sheet picture, see total assets of TAV HAVALIMAN.HLDG ADR/4.
Annual Working Capital to Net Assets for TAV HAVALIMAN.HLDG ADR/4 (2022–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for TAV HAVALIMAN.HLDG ADR/4 from 2022 to 2025, covering 4 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check TAV HAVALIMAN.HLDG ADR/4 liquidity resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -16.8% | €-270.43 Million | €1.61 Billion | €934.82 Million | €1.21 Billion | ▼ -19.4 pp |
| 2024 | 2.6% | €42.52 Million | €1.62 Billion | €851.10 Million | €808.58 Million | ▼ -7.4 pp |
| 2023 | 10.1% | €143.45 Million | €1.43 Billion | €1.03 Billion | €888.22 Million | ▲ +8.3 pp |
| 2022 | 1.7% | €21.11 Million | €1.22 Billion | €752.33 Million | €731.23 Million | — |