AK Sigorta AS Working Capital to Net Assets Ratio
AK Sigorta AS working capital to net assets ratio. AK Sigorta AS (AKGRT) has a Working Capital to Net Assets ratio of 85.1% as of June 2023. Working capital of TL2.17 Billion (current assets of TL14.77 Billion minus current liabilities of TL12.60 Billion) is measured against net assets of TL2.55 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible equity quality of AK Sigorta AS to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of AK Sigorta AS (2014–2022)
Working capital to net assets ratio of AK Sigorta AS from 2014 to 2022. This chart shows how AK Sigorta AS's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2014 to 2022. As of June 2023, the ratio stands at 85.1%, reflecting working capital of TL2.17 Billion against net assets of TL2.55 Billion TRY. See how many days can AK Sigorta AS fund operations to measure how many days the company can operate on defensive assets alone.
AK Sigorta AS Working Capital to Net Assets Ratio by Year (2014–2022)
AK Sigorta AS working capital to net assets ratio by year from 2014 to 2022. The table below presents the year-by-year Working Capital to Net Assets ratio for AK Sigorta AS from 2014 to 2022, 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. For the complete balance sheet picture, see total assets of AK Sigorta AS.
| Year | WC/NA Ratio | Working Capital (TRY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | 87.4% | TL1.70 Billion | TL1.94 Billion | TL12.37 Billion | TL10.68 Billion | ▼ -7.3 pp |
| 2021 | 94.7% | TL993.17 Million | TL1.05 Billion | TL7.19 Billion | TL6.19 Billion | ▼ -15.1 pp |
| 2020 | 109.7% | TL1.23 Billion | TL1.12 Billion | TL5.50 Billion | TL4.27 Billion | ▲ +10.4 pp |
| 2019 | 99.4% | TL892.89 Million | TL898.67 Million | TL4.47 Billion | TL3.58 Billion | ▲ +0.5 pp |
| 2018 | 98.8% | TL709.51 Million | TL717.96 Million | TL3.42 Billion | TL2.71 Billion | ▲ +0.4 pp |
| 2017 | 98.5% | TL619.45 Million | TL629.10 Million | TL2.62 Billion | TL2.01 Billion | ▼ -22.3 pp |
| 2016 | 120.8% | TL486.60 Million | TL402.84 Million | TL1.93 Billion | TL1.44 Billion | ▲ +37.7 pp |
| 2015 | 83.1% | TL289.85 Million | TL348.64 Million | TL1.76 Billion | TL1.47 Billion | ▼ -10.2 pp |
| 2014 | 93.3% | TL474.06 Million | TL507.98 Million | TL1.56 Billion | TL1.09 Billion | — |