Ayen Enerji AS (AYEN) — Working Capital to Net Assets Ratio
Ayen Enerji AS (AYEN) has a Working Capital to Net Assets ratio of -5.7% as of December 2025. Working capital of TL-1.03 Billion (current assets of TL1.64 Billion minus current liabilities of TL2.67 Billion) is measured against net assets of TL18.10 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Ayen Enerji AS balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ayen Enerji AS Working Capital to Net Assets (2014–2025)
This chart shows how Ayen Enerji AS'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 -5.7%, reflecting working capital of TL-1.03 Billion against net assets of TL18.10 Billion TRY. Check Ayen Enerji AS (AYEN) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Ayen Enerji AS (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ayen Enerji AS 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 Ayen Enerji AS market cap and net worth.
| Year | WC/NA Ratio | Working Capital (TRY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -5.7% | TL-1.03 Billion | TL18.10 Billion | TL1.64 Billion | TL2.67 Billion | ▼ -6.2 pp |
| 2024 | 0.5% | TL63.62 Million | TL13.33 Billion | TL2.12 Billion | TL2.06 Billion | ▼ -2.4 pp |
| 2023 | 2.8% | TL432.13 Million | TL15.19 Billion | TL2.77 Billion | TL2.34 Billion | ▼ -20.6 pp |
| 2022 | 23.5% | TL1.01 Billion | TL4.31 Billion | TL3.22 Billion | TL2.21 Billion | ▲ +48.2 pp |
| 2021 | -24.7% | TL-448.38 Million | TL1.81 Billion | TL730.10 Million | TL1.18 Billion | ▲ +19.9 pp |
| 2020 | -44.6% | TL-388.45 Million | TL870.27 Million | TL203.35 Million | TL591.80 Million | ▼ -8.3 pp |
| 2019 | -36.3% | TL-274.06 Million | TL755.01 Million | TL182.08 Million | TL456.14 Million | ▲ +10.9 pp |
| 2018 | -47.2% | TL-262.55 Million | TL556.58 Million | TL350.93 Million | TL613.48 Million | ▼ -5.0 pp |
| 2017 | -42.2% | TL-180.04 Million | TL426.54 Million | TL473.76 Million | TL653.80 Million | ▲ +85.5 pp |
| 2016 | -127.7% | TL-362.39 Million | TL283.84 Million | TL206.47 Million | TL568.86 Million | ▼ -30.0 pp |
| 2015 | -97.7% | TL-258.32 Million | TL264.51 Million | TL199.64 Million | TL457.96 Million | ▼ -77.3 pp |
| 2014 | -20.4% | TL-55.88 Million | TL273.96 Million | TL253.28 Million | TL309.16 Million | — |