GSD Holding AS (GSDHO) — Working Capital to Net Assets Ratio
GSD Holding AS (GSDHO) has a Working Capital to Net Assets ratio of 48.0% as of June 2025. Working capital of TL5.60 Billion (current assets of TL8.85 Billion minus current liabilities of TL3.25 Billion) is measured against net assets of TL11.67 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See GSD Holding AS balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
GSD Holding AS Working Capital to Net Assets (2014–2024)
This chart shows how GSD Holding AS's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of June 2025, the ratio stands at 48.0%, reflecting working capital of TL5.60 Billion against net assets of TL11.67 Billion TRY. Check GSD Holding AS tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for GSD Holding AS (2014–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for GSD Holding AS from 2014 to 2024, covering 11 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 GSD Holding AS market capitalisation.
| Year | WC/NA Ratio | Working Capital (TRY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 54.7% | TL5.60 Billion | TL10.23 Billion | TL8.15 Billion | TL2.55 Billion | ▲ +12.5 pp |
| 2023 | 42.2% | TL4.31 Billion | TL10.22 Billion | TL6.22 Billion | TL1.91 Billion | ▼ -22.1 pp |
| 2022 | 64.2% | TL3.19 Billion | TL4.96 Billion | TL4.31 Billion | TL1.12 Billion | ▲ +10.2 pp |
| 2021 | 54.0% | TL1.60 Billion | TL2.96 Billion | TL2.17 Billion | TL573.01 Million | ▲ +0.9 pp |
| 2020 | 53.1% | TL945.15 Million | TL1.78 Billion | TL1.35 Billion | TL405.18 Million | ▼ -21.2 pp |
| 2019 | 74.3% | TL1.14 Billion | TL1.53 Billion | TL1.44 Billion | TL299.09 Million | ▼ -1.4 pp |
| 2018 | 75.7% | TL1.00 Billion | TL1.33 Billion | TL1.32 Billion | TL312.74 Million | ▼ -10.4 pp |
| 2017 | 86.1% | TL819.01 Million | TL951.48 Million | TL1.23 Billion | TL407.31 Million | ▲ +24.2 pp |
| 2016 | 61.9% | TL540.91 Million | TL873.65 Million | TL621.09 Million | TL80.18 Million | ▲ +79.6 pp |
| 2015 | -17.7% | TL-147.22 Million | TL831.41 Million | TL174.49 Million | TL321.71 Million | ▼ -65.8 pp |
| 2014 | 48.1% | TL387.62 Million | TL806.25 Million | TL3.58 Billion | TL3.19 Billion | — |