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 financial agility of Erciyas Celik Boru Sanayi A.S. to measure the company's free cash flow as a share of total liabilities.
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. See Erciyas Celik Boru Sanayi A.S. defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
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. For live market cap and the full company profile, see market value of Erciyas Celik Boru Sanayi A.S..
| 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 | — |