Izmir Demir Celik Sanayi AS (IZMDC) — Working Capital to Net Assets Ratio
Izmir Demir Celik Sanayi AS (IZMDC) has a Working Capital to Net Assets ratio of -37.7% as of March 2026. Working capital of TL-9.69 Billion (current assets of TL18.02 Billion minus current liabilities of TL27.71 Billion) is measured against net assets of TL25.72 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See IZMDC defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Izmir Demir Celik Sanayi AS Working Capital to Net Assets (2014–2025)
This chart shows how Izmir Demir Celik Sanayi AS's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of March 2026, the ratio stands at -37.7%, reflecting working capital of TL-9.69 Billion against net assets of TL25.72 Billion TRY. For the complete balance sheet picture, see Izmir Demir Celik Sanayi AS balance sheet assets.
Annual Working Capital to Net Assets for Izmir Demir Celik Sanayi AS (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Izmir Demir Celik Sanayi AS from 2014 to 2025, covering 12 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 IZMDC financial resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (TRY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -38.1% | TL-9.14 Billion | TL24.00 Billion | TL16.79 Billion | TL25.93 Billion | ▼ -6.2 pp |
| 2024 | -31.9% | TL-8.26 Billion | TL25.92 Billion | TL19.58 Billion | TL27.85 Billion | ▼ -17.1 pp |
| 2023 | -14.8% | TL-3.87 Billion | TL26.22 Billion | TL13.18 Billion | TL17.05 Billion | ▲ +35.4 pp |
| 2022 | -50.2% | TL-1.28 Billion | TL2.55 Billion | TL6.01 Billion | TL7.29 Billion | ▲ +195.9 pp |
| 2021 | -246.0% | TL-1.97 Billion | TL800.47 Million | TL4.32 Billion | TL6.29 Billion | ▲ +176.7 pp |
| 2020 | -422.8% | TL-1.87 Billion | TL442.22 Million | TL1.41 Billion | TL3.28 Billion | ▲ +62.9 pp |
| 2019 | -485.7% | TL-1.59 Billion | TL327.09 Million | TL1.42 Billion | TL3.00 Billion | ▼ -188.2 pp |
| 2018 | -297.5% | TL-942.19 Million | TL316.68 Million | TL1.33 Billion | TL2.27 Billion | ▼ -217.1 pp |
| 2017 | -80.4% | TL-549.58 Million | TL683.60 Million | TL1.06 Billion | TL1.61 Billion | ▼ -1.7 pp |
| 2016 | -78.7% | TL-531.93 Million | TL676.18 Million | TL948.94 Million | TL1.48 Billion | ▲ +55.5 pp |
| 2015 | -134.1% | TL-357.06 Million | TL266.17 Million | TL712.55 Million | TL1.07 Billion | ▼ -63.5 pp |
| 2014 | -70.7% | TL-331.88 Million | TL469.67 Million | TL593.76 Million | TL925.64 Million | — |