Alfas Solar Enerji Sanayi ve Ticaret A.S. (ALFAS) — Working Capital to Net Assets Ratio
Alfas Solar Enerji Sanayi ve Ticaret A.S. (ALFAS) has a Working Capital to Net Assets ratio of 10.4% as of September 2025. Working capital of TL552.72 Million (current assets of TL5.15 Billion minus current liabilities of TL4.60 Billion) is measured against net assets of TL5.32 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of Alfas Solar Enerji Sanayi ve Ticaret A.S to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Alfas Solar Enerji Sanayi ve Ticaret A.S. Working Capital to Net Assets (2020–2024)
This chart shows how Alfas Solar Enerji Sanayi ve Ticaret A.S.'s Working Capital to Net Assets ratio has evolved across 5 annual periods from 2020 to 2024. As of September 2025, the ratio stands at 10.4%, reflecting working capital of TL552.72 Million against net assets of TL5.32 Billion TRY. Check ALFAS tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Alfas Solar Enerji Sanayi ve Ticaret A.S. (2020–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Alfas Solar Enerji Sanayi ve Ticaret A.S. from 2020 to 2024, covering 5 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 ALFAS company net worth.
| Year | WC/NA Ratio | Working Capital (TRY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 26.5% | TL1.01 Billion | TL3.80 Billion | TL3.83 Billion | TL2.82 Billion | ▼ -30.9 pp |
| 2023 | 57.4% | TL2.27 Billion | TL3.95 Billion | TL5.41 Billion | TL3.14 Billion | ▼ -5.5 pp |
| 2022 | 62.9% | TL1.05 Billion | TL1.67 Billion | TL2.80 Billion | TL1.75 Billion | ▼ -6.4 pp |
| 2021 | 69.3% | TL75.37 Million | TL108.83 Million | TL402.67 Million | TL327.30 Million | ▼ -21.0 pp |
| 2020 | 90.2% | TL52.26 Million | TL57.91 Million | TL168.67 Million | TL116.40 Million | — |