Turkcell Iletisim Hizmetleri A.S (TUL1) — Working Capital to Net Assets Ratio
Turkcell Iletisim Hizmetleri A.S (TUL1) has a Working Capital to Net Assets ratio of 32.9% as of September 2025. Working capital of €79.94 Billion (current assets of €185.91 Billion minus current liabilities of €105.97 Billion) is measured against net assets of €243.03 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Turkcell Iletisim Hizmetleri A.S liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Turkcell Iletisim Hizmetleri A.S Working Capital to Net Assets (2016–2024)
This chart shows how Turkcell Iletisim Hizmetleri A.S's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 32.9%, reflecting working capital of €79.94 Billion against net assets of €243.03 Billion EUR. For the complete balance sheet picture, see Turkcell Iletisim Hizmetleri A.S balance sheet assets.
Annual Working Capital to Net Assets for Turkcell Iletisim Hizmetleri A.S (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Turkcell Iletisim Hizmetleri A.S from 2016 to 2024, covering 9 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 asset resilience ratio of Turkcell Iletisim Hizmetleri A.S to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 12.2% | €22.86 Billion | €186.97 Billion | €113.69 Billion | €90.83 Billion | ▼ -24.4 pp |
| 2023 | 36.7% | €44.82 Billion | €122.23 Billion | €102.55 Billion | €57.73 Billion | ▼ -20.1 pp |
| 2022 | 56.8% | €17.55 Billion | €30.90 Billion | €46.81 Billion | €29.26 Billion | ▲ +1.7 pp |
| 2021 | 55.0% | €12.42 Billion | €22.56 Billion | €29.51 Billion | €17.09 Billion | ▲ +11.7 pp |
| 2020 | 43.4% | €9.02 Billion | €20.78 Billion | €20.58 Billion | €11.57 Billion | ▲ +6.5 pp |
| 2019 | 36.9% | €6.68 Billion | €18.08 Billion | €19.33 Billion | €12.66 Billion | ▼ -4.2 pp |
| 2018 | 41.1% | €6.60 Billion | €16.05 Billion | €18.34 Billion | €11.74 Billion | ▲ +8.9 pp |
| 2017 | 32.2% | €4.85 Billion | €15.05 Billion | €14.07 Billion | €9.22 Billion | ▼ -5.1 pp |
| 2016 | 37.3% | €5.99 Billion | €16.07 Billion | €13.35 Billion | €7.36 Billion | — |