Borusan Mannesmann Boru Sanayi ve Ticaret AS (BRSAN) — Working Capital to Net Assets Ratio
Borusan Mannesmann Boru Sanayi ve Ticaret AS (BRSAN) has a Working Capital to Net Assets ratio of 17.7% as of September 2025. Working capital of TL6.53 Billion (current assets of TL36.86 Billion minus current liabilities of TL30.33 Billion) is measured against net assets of TL36.97 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See BRSAN defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Borusan Mannesmann Boru Sanayi ve Ticaret AS Working Capital to Net Assets (2014–2024)
This chart shows how Borusan Mannesmann Boru Sanayi ve Ticaret AS's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 17.7%, reflecting working capital of TL6.53 Billion against net assets of TL36.97 Billion TRY. For the complete balance sheet picture, see BRSAN asset base.
Annual Working Capital to Net Assets for Borusan Mannesmann Boru Sanayi ve Ticaret AS (2014–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Borusan Mannesmann Boru Sanayi ve Ticaret AS from 2014 to 2024, covering 11 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 Borusan Mannesmann Boru Sanayi ve Ticare asset resilience 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 | 18.6% | TL5.60 Billion | TL30.10 Billion | TL24.61 Billion | TL19.01 Billion | ▼ -6.1 pp |
| 2023 | 24.7% | TL6.18 Billion | TL24.95 Billion | TL31.90 Billion | TL25.73 Billion | ▲ +16.3 pp |
| 2022 | 8.5% | TL1.00 Billion | TL11.86 Billion | TL13.74 Billion | TL12.73 Billion | ▲ +3.7 pp |
| 2021 | 4.8% | TL318.23 Million | TL6.65 Billion | TL7.61 Billion | TL7.30 Billion | ▲ +5.9 pp |
| 2020 | -1.1% | TL-39.10 Million | TL3.55 Billion | TL3.09 Billion | TL3.13 Billion | ▼ -4.1 pp |
| 2019 | 3.0% | TL87.32 Million | TL2.89 Billion | TL2.92 Billion | TL2.83 Billion | ▼ -7.5 pp |
| 2018 | 10.5% | TL291.89 Million | TL2.77 Billion | TL3.20 Billion | TL2.91 Billion | ▲ +2.4 pp |
| 2017 | 8.2% | TL149.39 Million | TL1.83 Billion | TL1.67 Billion | TL1.52 Billion | ▲ +12.9 pp |
| 2016 | -4.7% | TL-75.94 Million | TL1.60 Billion | TL1.11 Billion | TL1.18 Billion | ▼ -4.6 pp |
| 2015 | -0.1% | TL-1.74 Million | TL1.25 Billion | TL1.19 Billion | TL1.19 Billion | ▼ -2.2 pp |
| 2014 | 2.0% | TL20.21 Million | TL998.35 Million | TL1.09 Billion | TL1.07 Billion | — |