Desa Deri Sanayi ve Ticaret AS (DESA) — Working Capital to Net Assets Ratio
Desa Deri Sanayi ve Ticaret AS (DESA) has a Working Capital to Net Assets ratio of 61.2% as of December 2025. Working capital of TL2.35 Billion (current assets of TL3.59 Billion minus current liabilities of TL1.24 Billion) is measured against net assets of TL3.83 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See DESA defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Desa Deri Sanayi ve Ticaret AS Working Capital to Net Assets (2014–2025)
This chart shows how Desa Deri Sanayi ve Ticaret 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 61.2%, reflecting working capital of TL2.35 Billion against net assets of TL3.83 Billion TRY. For the complete balance sheet picture, see Desa Deri Sanayi ve Ticaret AS (DESA) total assets.
Annual Working Capital to Net Assets for Desa Deri Sanayi ve Ticaret AS (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Desa Deri Sanayi ve Ticaret 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. Check DESA asset liquidity 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) |
|---|---|---|---|---|---|---|
| 2025 | 61.2% | TL2.35 Billion | TL3.83 Billion | TL3.59 Billion | TL1.24 Billion | ▲ +5.9 pp |
| 2024 | 55.4% | TL1.94 Billion | TL3.51 Billion | TL3.42 Billion | TL1.47 Billion | ▲ +2.5 pp |
| 2023 | 52.9% | TL1.24 Billion | TL2.34 Billion | TL2.43 Billion | TL1.19 Billion | ▼ -3.8 pp |
| 2022 | 56.7% | TL325.28 Million | TL574.06 Million | TL886.23 Million | TL560.95 Million | ▼ -20.5 pp |
| 2021 | 77.2% | TL160.55 Million | TL207.95 Million | TL421.52 Million | TL260.97 Million | ▼ -22.2 pp |
| 2020 | 99.4% | TL94.03 Million | TL94.58 Million | TL251.21 Million | TL157.18 Million | ▲ +85.1 pp |
| 2019 | 14.3% | TL13.42 Million | TL93.73 Million | TL229.07 Million | TL215.65 Million | ▼ -32.8 pp |
| 2018 | 47.2% | TL35.60 Million | TL75.49 Million | TL202.76 Million | TL167.16 Million | ▲ +15.4 pp |
| 2017 | 31.8% | TL22.23 Million | TL69.92 Million | TL180.08 Million | TL157.85 Million | ▼ -76.8 pp |
| 2016 | 108.6% | TL53.97 Million | TL49.68 Million | TL146.34 Million | TL92.37 Million | ▲ +17.8 pp |
| 2015 | 90.8% | TL57.70 Million | TL63.54 Million | TL135.23 Million | TL77.53 Million | ▲ +23.1 pp |
| 2014 | 67.8% | TL46.14 Million | TL68.10 Million | TL131.89 Million | TL85.75 Million | — |