Gediz Ambalaj Sanayi ve Ticaret AS (GEDZA) — Working Capital to Net Assets Ratio

Latest as of March 2024: 48.1%

Gediz Ambalaj Sanayi ve Ticaret AS (GEDZA) has a Working Capital to Net Assets ratio of 48.1% as of March 2024. Working capital of TL346.78 Million (current assets of TL468.83 Million minus current liabilities of TL122.05 Million) is measured against net assets of TL721.60 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See GEDZA net asset quality index to measure how much of total assets are equity-financed.

WC/NA Ratio

48.1%
Working Capital / Net Assets

Working Capital

TL346.78 Million
TRY

Current Assets

TL468.83 Million
TRY

Current Liabilities

TL122.05 Million
TRY

Gediz Ambalaj Sanayi ve Ticaret AS Working Capital to Net Assets (2014–2023)

This chart shows how Gediz Ambalaj Sanayi ve Ticaret AS's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2014 to 2023. As of March 2024, the ratio stands at 48.1%, reflecting working capital of TL346.78 Million against net assets of TL721.60 Million TRY. Check GEDZA goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Gediz Ambalaj Sanayi ve Ticaret AS (2014–2023)

The table below presents the year-by-year Working Capital to Net Assets ratio for Gediz Ambalaj Sanayi ve Ticaret AS from 2014 to 2023, 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 GEDZA market cap.

Year WC/NA Ratio Working Capital (TRY) Net Assets Current Assets Current Liabilities Change (pp)
2023 47.2% TL294.11 Million TL623.58 Million TL396.98 Million TL102.87 Million ▲ +21.8 pp
2022 25.4% TL136.26 Million TL536.71 Million TL192.37 Million TL56.11 Million ▼ -45.8 pp
2021 71.2% TL118.32 Million TL166.29 Million TL166.13 Million TL47.81 Million ▲ +5.6 pp
2019 65.6% TL48.35 Million TL73.72 Million TL76.26 Million TL27.91 Million ▲ +9.1 pp
2018 56.5% TL35.26 Million TL62.43 Million TL57.38 Million TL22.11 Million ▲ +4.7 pp
2017 51.8% TL24.22 Million TL46.80 Million TL34.59 Million TL10.36 Million ▲ +4.4 pp
2016 47.3% TL18.98 Million TL40.08 Million TL23.89 Million TL4.91 Million ▲ +8.8 pp
2015 38.6% TL14.33 Million TL37.14 Million TL17.25 Million TL2.92 Million ▼ -36.7 pp
2014 75.3% TL13.17 Million TL17.49 Million TL16.89 Million TL3.72 Million
pp = percentage points