Deva Holding AS (DEVA) — Working Capital to Net Assets Ratio
Deva Holding AS (DEVA) has a Working Capital to Net Assets ratio of 22.7% as of September 2025. Working capital of TL6.02 Billion (current assets of TL14.46 Billion minus current liabilities of TL8.44 Billion) is measured against net assets of TL26.48 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See DEVA free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Deva Holding AS Working Capital to Net Assets (2014–2024)
This chart shows how Deva Holding 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 22.7%, reflecting working capital of TL6.02 Billion against net assets of TL26.48 Billion TRY. See DEVA defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Deva Holding AS (2014–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Deva Holding 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. For live market cap and the full company profile, see Deva Holding AS market capitalisation.
| Year | WC/NA Ratio | Working Capital (TRY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 22.3% | TL4.65 Billion | TL20.81 Billion | TL12.29 Billion | TL7.64 Billion | ▼ -8.8 pp |
| 2023 | 31.1% | TL6.64 Billion | TL21.34 Billion | TL16.62 Billion | TL9.99 Billion | ▼ -5.5 pp |
| 2022 | 36.6% | TL1.44 Billion | TL3.94 Billion | TL5.46 Billion | TL4.02 Billion | ▼ -27.0 pp |
| 2021 | 63.6% | TL1.74 Billion | TL2.73 Billion | TL3.37 Billion | TL1.63 Billion | ▲ +4.8 pp |
| 2020 | 58.8% | TL961.62 Million | TL1.63 Billion | TL1.95 Billion | TL987.42 Million | ▲ +3.5 pp |
| 2019 | 55.4% | TL570.80 Million | TL1.03 Billion | TL1.24 Billion | TL670.47 Million | ▲ +4.7 pp |
| 2018 | 50.7% | TL378.19 Million | TL746.41 Million | TL962.29 Million | TL584.10 Million | ▲ +17.2 pp |
| 2017 | 33.5% | TL202.78 Million | TL605.09 Million | TL621.51 Million | TL418.74 Million | ▼ -6.3 pp |
| 2016 | 39.8% | TL204.19 Million | TL512.85 Million | TL449.63 Million | TL245.45 Million | ▲ +37.1 pp |
| 2015 | 2.7% | TL12.35 Million | TL453.11 Million | TL475.77 Million | TL463.41 Million | ▼ -33.7 pp |
| 2014 | 36.4% | TL150.14 Million | TL411.91 Million | TL412.98 Million | TL262.84 Million | — |