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 Alfas Solar Enerji Sanayi ve Ticaret A.S (ALFAS) defensive interval to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see ALFAS current and non-current assets.
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. Check Alfas Solar Enerji Sanayi ve Ticaret A.S (ALFAS) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
| 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 | — |