Bagfas Bandirma Gubre Fabrikalari AS (BAGFS) — Working Capital to Net Assets Ratio
Bagfas Bandirma Gubre Fabrikalari AS (BAGFS) has a Working Capital to Net Assets ratio of -10.1% as of June 2024. Working capital of TL-582.81 Million (current assets of TL2.49 Billion minus current liabilities of TL3.08 Billion) is measured against net assets of TL5.80 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how financially flexible is Bagfas Bandirma Gubre Fabrikalari AS to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Bagfas Bandirma Gubre Fabrikalari AS Working Capital to Net Assets (2006–2023)
This chart shows how Bagfas Bandirma Gubre Fabrikalari AS's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2006 to 2023. As of June 2024, the ratio stands at -10.1%, reflecting working capital of TL-582.81 Million against net assets of TL5.80 Billion TRY. See Bagfas Bandirma Gubre Fabrikalari AS defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Bagfas Bandirma Gubre Fabrikalari AS (2006–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Bagfas Bandirma Gubre Fabrikalari AS from 2006 to 2023, covering 18 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 Bagfas Bandirma Gubre Fabrikalari AS (BAGFS) market capitalisation.
| Year | WC/NA Ratio | Working Capital (TRY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 12.6% | TL590.75 Million | TL4.70 Billion | TL2.80 Billion | TL2.21 Billion | ▼ -30.1 pp |
| 2022 | 42.7% | TL747.35 Million | TL1.75 Billion | TL2.19 Billion | TL1.45 Billion | ▲ +47.6 pp |
| 2021 | -4.9% | TL-32.13 Million | TL655.08 Million | TL1.74 Billion | TL1.77 Billion | ▼ -40.2 pp |
| 2020 | 35.3% | TL140.69 Million | TL398.30 Million | TL678.94 Million | TL538.25 Million | ▲ +33.2 pp |
| 2019 | 2.1% | TL9.37 Million | TL444.91 Million | TL463.57 Million | TL454.19 Million | ▲ +5.5 pp |
| 2018 | -3.4% | TL-12.29 Million | TL363.02 Million | TL236.11 Million | TL248.40 Million | ▼ -10.1 pp |
| 2017 | 6.7% | TL31.81 Million | TL473.71 Million | TL333.96 Million | TL302.15 Million | ▼ -2.6 pp |
| 2016 | 9.3% | TL45.01 Million | TL484.94 Million | TL281.32 Million | TL236.30 Million | ▲ +5.2 pp |
| 2015 | 4.1% | TL21.49 Million | TL522.85 Million | TL295.40 Million | TL273.91 Million | ▼ -24.7 pp |
| 2014 | 28.8% | TL81.29 Million | TL282.59 Million | TL196.69 Million | TL115.40 Million | ▼ -8.8 pp |
| 2013 | 37.6% | TL83.84 Million | TL222.95 Million | TL169.29 Million | TL85.45 Million | ▼ -9.2 pp |
| 2012 | 46.8% | TL108.17 Million | TL231.32 Million | TL170.88 Million | TL62.72 Million | ▼ -22.6 pp |
| 2011 | 69.4% | TL164.65 Million | TL237.28 Million | TL265.89 Million | TL101.24 Million | ▲ +15.3 pp |
| 2010 | 54.1% | TL100.67 Million | TL185.95 Million | TL160.50 Million | TL59.83 Million | ▲ +5.4 pp |
| 2009 | 48.7% | TL67.75 Million | TL138.97 Million | TL125.43 Million | TL57.68 Million | ▼ -6.9 pp |
| 2008 | 55.7% | TL101.63 Million | TL182.59 Million | TL212.40 Million | TL110.77 Million | ▲ +12.5 pp |
| 2007 | 43.2% | TL49.83 Million | TL115.42 Million | TL103.59 Million | TL53.76 Million | ▲ +10.0 pp |
| 2006 | 33.2% | TL29.49 Million | TL88.79 Million | TL81.17 Million | TL51.68 Million | — |