Burcelik Bursa Celik Dokum Sanayi AS (BURCE) — Working Capital to Net Assets Ratio

Latest as of December 2019: -8.7%

Burcelik Bursa Celik Dokum Sanayi AS (BURCE) has a Working Capital to Net Assets ratio of -8.7% as of December 2019. Working capital of TL-6.37 Million (current assets of TL35.95 Million minus current liabilities of TL42.32 Million) is measured against net assets of TL73.45 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Burcelik Bursa Celik Dokum Sanayi AS (BURCE) balance sheet quality index to measure how much of total assets are equity-financed.

WC/NA Ratio

-8.7%
Working Capital / Net Assets

Working Capital

TL-6.37 Million
TRY

Current Assets

TL35.95 Million
TRY

Current Liabilities

TL42.32 Million
TRY

Burcelik Bursa Celik Dokum Sanayi AS Working Capital to Net Assets (2014–2019)

This chart shows how Burcelik Bursa Celik Dokum Sanayi AS's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2014 to 2019. As of December 2019, the ratio stands at -8.7%, reflecting working capital of TL-6.37 Million against net assets of TL73.45 Million TRY. Check BURCE goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Burcelik Bursa Celik Dokum Sanayi AS (2014–2019)

The table below presents the year-by-year Working Capital to Net Assets ratio for Burcelik Bursa Celik Dokum Sanayi AS from 2014 to 2019, covering 6 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 Burcelik Bursa Celik Dokum Sanayi AS market capitalisation.

Year WC/NA Ratio Working Capital (TRY) Net Assets Current Assets Current Liabilities Change (pp)
2019 -8.7% TL-6.37 Million TL73.45 Million TL35.95 Million TL42.32 Million ▼ -1.5 pp
2018 -7.2% TL-2.60 Million TL36.10 Million TL31.01 Million TL33.61 Million ▼ -12.9 pp
2017 5.7% TL2.22 Million TL39.17 Million TL31.47 Million TL29.25 Million ▲ +4.9 pp
2016 0.8% TL332.22K TL42.16 Million TL25.57 Million TL25.24 Million ▼ -4.5 pp
2015 5.3% TL2.31 Million TL43.67 Million TL22.37 Million TL20.07 Million ▲ +4.5 pp
2014 0.8% TL124.65K TL16.61 Million TL23.81 Million TL23.68 Million
pp = percentage points