Frigo-Pak Gida Maddeleri Sanayi ve Ticaret AS (FRIGO) — Working Capital to Net Assets Ratio
Frigo-Pak Gida Maddeleri Sanayi ve Ticaret AS (FRIGO) has a Working Capital to Net Assets ratio of 37.5% as of September 2025. Working capital of TL419.70 Million (current assets of TL843.32 Million minus current liabilities of TL423.62 Million) is measured against net assets of TL1.12 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Frigo-Pak Gida Maddeleri Sanayi ve Ticar financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Frigo-Pak Gida Maddeleri Sanayi ve Ticaret AS Working Capital to Net Assets (2014–2023)
This chart shows how Frigo-Pak Gida Maddeleri Sanayi ve Ticaret AS's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2014 to 2023. As of September 2025, the ratio stands at 37.5%, reflecting working capital of TL419.70 Million against net assets of TL1.12 Billion TRY. See FRIGO defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Frigo-Pak Gida Maddeleri Sanayi ve Ticaret AS (2014–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Frigo-Pak Gida Maddeleri Sanayi ve Ticaret AS from 2014 to 2023, covering 10 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 FRIGO market cap overview.
| Year | WC/NA Ratio | Working Capital (TRY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 49.4% | TL397.88 Million | TL805.49 Million | TL842.74 Million | TL444.87 Million | ▼ -10.4 pp |
| 2022 | 59.8% | TL181.06 Million | TL302.61 Million | TL391.65 Million | TL210.59 Million | ▲ +8.7 pp |
| 2021 | 51.1% | TL116.86 Million | TL228.66 Million | TL267.93 Million | TL151.07 Million | ▼ -6.0 pp |
| 2020 | 57.1% | TL31.20 Million | TL54.61 Million | TL112.64 Million | TL81.44 Million | ▲ +8.0 pp |
| 2019 | 49.1% | TL15.47 Million | TL31.50 Million | TL52.70 Million | TL37.23 Million | ▲ +2.6 pp |
| 2018 | 46.5% | TL9.54 Million | TL20.53 Million | TL39.80 Million | TL30.26 Million | ▼ -0.6 pp |
| 2017 | 47.0% | TL5.74 Million | TL12.21 Million | TL18.74 Million | TL12.99 Million | ▲ +78.5 pp |
| 2016 | -31.5% | TL-2.39 Million | TL7.58 Million | TL15.09 Million | TL17.48 Million | ▼ -10.7 pp |
| 2015 | -20.8% | TL-1.60 Million | TL7.71 Million | TL19.17 Million | TL20.77 Million | ▼ -43.5 pp |
| 2014 | 22.7% | TL1.85 Million | TL8.15 Million | TL15.24 Million | TL13.39 Million | — |