Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS (INDES) — Working Capital to Net Assets Ratio
Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS (INDES) has a Working Capital to Net Assets ratio of 64.5% as of September 2025. Working capital of TL4.33 Billion (current assets of TL27.40 Billion minus current liabilities of TL23.07 Billion) is measured against net assets of TL6.71 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Indeks Bilgisayar Sistemleri Muhendislik (INDES) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS Working Capital to Net Assets (2014–2024)
This chart shows how Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 64.5%, reflecting working capital of TL4.33 Billion against net assets of TL6.71 Billion TRY. For the complete balance sheet picture, see INDES asset base.
Annual Working Capital to Net Assets for Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS (2014–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret 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. Check asset resilience ratio of Indeks Bilgisayar Sistemleri Muhendislik to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (TRY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 57.7% | TL2.93 Billion | TL5.08 Billion | TL20.40 Billion | TL17.47 Billion | ▼ -6.2 pp |
| 2023 | 63.9% | TL2.18 Billion | TL3.42 Billion | TL15.98 Billion | TL13.80 Billion | ▼ -28.9 pp |
| 2022 | 92.8% | TL1.51 Billion | TL1.62 Billion | TL8.27 Billion | TL6.77 Billion | ▲ +1.5 pp |
| 2021 | 91.3% | TL998.25 Million | TL1.09 Billion | TL6.84 Billion | TL5.84 Billion | ▲ +8.6 pp |
| 2020 | 82.8% | TL551.94 Million | TL666.93 Million | TL3.93 Billion | TL3.37 Billion | ▼ -17.4 pp |
| 2019 | 100.2% | TL491.28 Million | TL490.39 Million | TL2.32 Billion | TL1.83 Billion | ▲ +18.8 pp |
| 2018 | 81.4% | TL340.02 Million | TL417.59 Million | TL1.43 Billion | TL1.09 Billion | ▼ -4.0 pp |
| 2017 | 85.4% | TL304.34 Million | TL356.47 Million | TL1.86 Billion | TL1.56 Billion | ▲ +11.8 pp |
| 2016 | 73.6% | TL164.50 Million | TL223.45 Million | TL1.36 Billion | TL1.19 Billion | ▲ +2.0 pp |
| 2015 | 71.6% | TL148.91 Million | TL207.84 Million | TL1.26 Billion | TL1.11 Billion | ▲ +2.4 pp |
| 2014 | 69.3% | TL119.09 Million | TL171.92 Million | TL962.11 Million | TL843.02 Million | — |