Afyon Cimento Sanayi TAS (AFYON) — Working Capital to Net Assets Ratio
Afyon Cimento Sanayi TAS (AFYON) has a Working Capital to Net Assets ratio of 19.0% as of December 2025. Working capital of TL1.44 Billion (current assets of TL2.50 Billion minus current liabilities of TL1.06 Billion) is measured against net assets of TL7.58 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Afyon Cimento Sanayi TAS free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Afyon Cimento Sanayi TAS Working Capital to Net Assets (2014–2025)
This chart shows how Afyon Cimento Sanayi TAS's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of December 2025, the ratio stands at 19.0%, reflecting working capital of TL1.44 Billion against net assets of TL7.58 Billion TRY. See defensive interval ratio of Afyon Cimento Sanayi TAS to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Afyon Cimento Sanayi TAS (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Afyon Cimento Sanayi TAS from 2014 to 2025, covering 12 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. For live market cap and the full company profile, see AFYON market cap overview.
| Year | WC/NA Ratio | Working Capital (TRY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 19.0% | TL1.44 Billion | TL7.58 Billion | TL2.50 Billion | TL1.06 Billion | ▼ -3.3 pp |
| 2024 | 22.2% | TL1.74 Billion | TL7.81 Billion | TL2.70 Billion | TL966.46 Million | ▲ +6.8 pp |
| 2023 | 15.5% | TL614.55 Million | TL3.97 Billion | TL1.26 Billion | TL642.83 Million | ▼ -19.0 pp |
| 2022 | 34.4% | TL278.17 Million | TL807.57 Million | TL701.13 Million | TL422.96 Million | ▲ +36.5 pp |
| 2021 | -2.1% | TL-11.90 Million | TL566.68 Million | TL196.47 Million | TL208.37 Million | ▲ +7.1 pp |
| 2020 | -9.2% | TL-45.31 Million | TL490.68 Million | TL136.47 Million | TL181.78 Million | ▲ +125.2 pp |
| 2019 | -134.4% | TL-230.78 Million | TL171.69 Million | TL66.53 Million | TL297.31 Million | ▼ -39.9 pp |
| 2018 | -94.5% | TL-219.91 Million | TL232.71 Million | TL86.27 Million | TL306.18 Million | ▼ -29.4 pp |
| 2017 | -65.1% | TL-148.88 Million | TL228.86 Million | TL188.13 Million | TL337.02 Million | ▲ +52.3 pp |
| 2016 | -117.3% | TL-205.10 Million | TL174.84 Million | TL35.64 Million | TL240.74 Million | ▼ -210.5 pp |
| 2015 | 93.2% | TL154.22 Million | TL165.40 Million | TL194.19 Million | TL39.97 Million | ▲ +48.4 pp |
| 2014 | 44.8% | TL23.91 Million | TL53.33 Million | TL38.48 Million | TL14.57 Million | — |