Formet Celik Kapi Sanayi ve Ticaret AS (FORMT) — Working Capital to Net Assets Ratio
Formet Celik Kapi Sanayi ve Ticaret AS (FORMT) has a Working Capital to Net Assets ratio of 27.5% as of June 2025. Working capital of TL521.15 Million (current assets of TL1.11 Billion minus current liabilities of TL585.81 Million) is measured against net assets of TL1.90 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See FORMT days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Formet Celik Kapi Sanayi ve Ticaret AS Working Capital to Net Assets (2017–2024)
This chart shows how Formet Celik Kapi Sanayi ve Ticaret AS's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of June 2025, the ratio stands at 27.5%, reflecting working capital of TL521.15 Million against net assets of TL1.90 Billion TRY. For the complete balance sheet picture, see balance sheet size of Formet Celik Kapi Sanayi ve Ticaret AS.
Annual Working Capital to Net Assets for Formet Celik Kapi Sanayi ve Ticaret AS (2017–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Formet Celik Kapi Sanayi ve Ticaret AS from 2017 to 2024, covering 8 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. Read Formet Celik Kapi Sanayi ve Ticaret AS balance sheet liabilities for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (TRY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 12.2% | TL139.65 Million | TL1.14 Billion | TL759.22 Million | TL619.57 Million | ▼ -25.7 pp |
| 2023 | 37.9% | TL505.75 Million | TL1.33 Billion | TL939.34 Million | TL433.58 Million | ▲ +18.7 pp |
| 2022 | 19.1% | TL80.71 Million | TL421.73 Million | TL321.95 Million | TL241.24 Million | ▼ -56.4 pp |
| 2021 | 75.5% | TL172.26 Million | TL228.09 Million | TL279.00 Million | TL106.74 Million | ▼ -15.2 pp |
| 2020 | 90.7% | TL54.32 Million | TL59.89 Million | TL160.98 Million | TL106.65 Million | ▲ +19.0 pp |
| 2019 | 71.7% | TL41.70 Million | TL58.14 Million | TL112.79 Million | TL71.09 Million | ▼ -21.9 pp |
| 2018 | 93.6% | TL72.68 Million | TL77.65 Million | TL145.10 Million | TL72.42 Million | ▼ -29.1 pp |
| 2017 | 122.7% | TL31.73 Million | TL25.86 Million | TL110.11 Million | TL78.38 Million | — |