Garanti Faktoring AS (GARFA) — Working Capital to Net Assets Ratio
Garanti Faktoring AS (GARFA) has a Working Capital to Net Assets ratio of 1229.4% as of March 2023. Working capital of TL10.57 Billion (current assets of TL11.19 Billion minus current liabilities of TL618.74 Million) is measured against net assets of TL860.01 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Garanti Faktoring AS Working Capital to Net Assets (2014–2022)
This chart shows how Garanti Faktoring AS's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2014 to 2022. As of March 2023, the ratio stands at 1229.4%, reflecting working capital of TL10.57 Billion against net assets of TL860.01 Million TRY. Explore Garanti Faktoring AS strategic investment ratio to see how much of total assets are deployed in long-term investments.
Annual Working Capital to Net Assets for Garanti Faktoring AS (2014–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for Garanti Faktoring AS from 2014 to 2022, covering 9 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 the complete balance sheet picture, see Garanti Faktoring AS asset portfolio.
| Year | WC/NA Ratio | Working Capital (TRY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | 134.5% | TL931.02 Million | TL692.07 Million | TL9.59 Billion | TL8.65 Billion | ▲ +41.7 pp |
| 2021 | 92.9% | TL320.49 Million | TL345.11 Million | TL4.31 Billion | TL3.99 Billion | ▲ +15.4 pp |
| 2020 | 77.5% | TL165.50 Million | TL213.59 Million | TL2.85 Billion | TL2.69 Billion | ▼ -53.6 pp |
| 2019 | 131.1% | TL214.99 Million | TL163.98 Million | TL2.13 Billion | TL1.91 Billion | ▼ -191.3 pp |
| 2018 | 322.4% | TL501.44 Million | TL155.54 Million | TL2.36 Billion | TL1.86 Billion | ▲ +166.3 pp |
| 2017 | 156.1% | TL332.39 Million | TL212.99 Million | TL3.43 Billion | TL3.10 Billion | ▲ +18.7 pp |
| 2016 | 137.4% | TL254.75 Million | TL185.45 Million | TL2.87 Billion | TL2.61 Billion | ▼ -9.5 pp |
| 2015 | 146.9% | TL243.49 Million | TL165.76 Million | TL2.95 Billion | TL2.71 Billion | ▲ +51.8 pp |
| 2014 | 95.1% | TL133.49 Million | TL140.38 Million | TL2.97 Billion | TL2.84 Billion | — |