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. See Garanti Faktoring AS (GARFA) balance sheet quality index to measure how much of total assets are equity-financed.
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. Check Garanti Faktoring AS tangible book value ratio to evaluate the tangible quality of the company's equity base.
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 live market cap and the full company profile, see GARFA company net worth.
| 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 | — |