Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi AS (BRLSM) — Working Capital to Net Assets Ratio
Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi AS (BRLSM) has a Working Capital to Net Assets ratio of 78.4% as of September 2025. Working capital of TL1.34 Billion (current assets of TL4.85 Billion minus current liabilities of TL3.50 Billion) is measured against net assets of TL1.71 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See BRLSM financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi AS Working Capital to Net Assets (2018–2024)
This chart shows how Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi AS's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 78.4%, reflecting working capital of TL1.34 Billion against net assets of TL1.71 Billion TRY. See defensive interval ratio of Birlesim Muhendislik Isitma Sogutma Hava to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi AS (2018–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi AS from 2018 to 2024, covering 7 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 market cap of Birlesim Muhendislik Isitma Sogutma Hava.
| Year | WC/NA Ratio | Working Capital (TRY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 72.8% | TL1.01 Billion | TL1.39 Billion | TL2.82 Billion | TL1.81 Billion | ▲ +22.4 pp |
| 2023 | 50.4% | TL474.82 Million | TL942.22 Million | TL4.55 Billion | TL4.08 Billion | ▼ -37.6 pp |
| 2022 | 88.0% | TL485.51 Million | TL551.55 Million | TL1.88 Billion | TL1.40 Billion | ▲ +3.6 pp |
| 2021 | 84.4% | TL288.93 Million | TL342.41 Million | TL814.58 Million | TL525.64 Million | ▼ -10.1 pp |
| 2020 | 94.5% | TL141.43 Million | TL149.69 Million | TL506.50 Million | TL365.07 Million | ▲ +39.0 pp |
| 2019 | 55.5% | TL51.10 Million | TL92.13 Million | TL474.83 Million | TL423.73 Million | ▲ +65.9 pp |
| 2018 | -10.4% | TL-5.81 Million | TL55.83 Million | TL286.52 Million | TL292.33 Million | — |