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 leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
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. See GARFA defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
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 Garanti Faktoring AS (GARFA) market capitalisation.
| 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 | — |