Erciyas Celik Boru Sanayi A.S. (ERCB) — Working Capital to Net Assets Ratio
Erciyas Celik Boru Sanayi A.S. (ERCB) has a Working Capital to Net Assets ratio of -62.3% as of June 2025. Working capital of TL-870.05 Million (current assets of TL7.90 Billion minus current liabilities of TL8.77 Billion) is measured against net assets of TL1.40 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of Erciyas Celik Boru Sanayi A.S. to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Erciyas Celik Boru Sanayi A.S. Working Capital to Net Assets (2020–2024)
This chart shows how Erciyas Celik Boru Sanayi A.S.'s Working Capital to Net Assets ratio has evolved across 5 annual periods from 2020 to 2024. As of June 2025, the ratio stands at -62.3%, reflecting working capital of TL-870.05 Million against net assets of TL1.40 Billion TRY. For the complete balance sheet picture, see Erciyas Celik Boru Sanayi A.S. balance sheet assets.
Annual Working Capital to Net Assets for Erciyas Celik Boru Sanayi A.S. (2020–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Erciyas Celik Boru Sanayi A.S. from 2020 to 2024, covering 5 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 how resilient are Erciyas Celik Boru Sanayi A.S.'s assets 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 | 42.9% | TL1.52 Billion | TL3.55 Billion | TL8.68 Billion | TL7.16 Billion | ▲ +15.6 pp |
| 2023 | 27.3% | TL815.80 Million | TL2.99 Billion | TL6.04 Billion | TL5.23 Billion | ▲ +12.4 pp |
| 2022 | 14.9% | TL276.14 Million | TL1.85 Billion | TL2.87 Billion | TL2.59 Billion | ▲ +0.6 pp |
| 2021 | 14.3% | TL166.06 Million | TL1.16 Billion | TL1.54 Billion | TL1.37 Billion | ▼ -19.3 pp |
| 2020 | 33.6% | TL182.44 Million | TL543.39 Million | TL985.77 Million | TL803.32 Million | — |