Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS (KORDS) — Working Capital to Net Assets Ratio
Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS (KORDS) has a Working Capital to Net Assets ratio of -3.9% as of December 2024. Working capital of TL-678.75 Million (current assets of TL18.63 Billion minus current liabilities of TL19.31 Billion) is measured against net assets of TL17.21 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Kordsa Global Endustriyel Iplik ve Kord (KORDS) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS Working Capital to Net Assets (2014–2024)
This chart shows how Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of December 2024, the ratio stands at -3.9%, reflecting working capital of TL-678.75 Million against net assets of TL17.21 Billion TRY. See how many days can Kordsa Global Endustriyel Iplik ve Kord fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS (2014–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Kordsa Global Endustriyel Iplik ve Kord Bezi 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. For live market cap and the full company profile, see Kordsa Global Endustriyel Iplik ve Kord stock valuation.
| Year | WC/NA Ratio | Working Capital (TRY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -3.9% | TL-678.75 Million | TL17.21 Billion | TL18.63 Billion | TL19.31 Billion | ▼ -21.9 pp |
| 2023 | 18.0% | TL2.88 Billion | TL16.06 Billion | TL14.74 Billion | TL11.86 Billion | ▼ -8.4 pp |
| 2022 | 26.4% | TL2.64 Billion | TL10.03 Billion | TL11.15 Billion | TL8.50 Billion | ▲ +16.0 pp |
| 2021 | 10.4% | TL672.43 Million | TL6.48 Billion | TL6.19 Billion | TL5.51 Billion | ▼ -0.4 pp |
| 2020 | 10.8% | TL353.46 Million | TL3.28 Billion | TL2.89 Billion | TL2.54 Billion | ▼ -5.7 pp |
| 2019 | 16.5% | TL465.94 Million | TL2.82 Billion | TL3.08 Billion | TL2.61 Billion | ▼ -3.3 pp |
| 2018 | 19.9% | TL464.82 Million | TL2.34 Billion | TL2.15 Billion | TL1.68 Billion | ▲ +3.6 pp |
| 2017 | 16.2% | TL267.79 Million | TL1.65 Billion | TL1.20 Billion | TL929.32 Million | ▼ -4.4 pp |
| 2016 | 20.7% | TL304.25 Million | TL1.47 Billion | TL1.05 Billion | TL740.90 Million | ▼ -5.3 pp |
| 2015 | 26.0% | TL316.31 Million | TL1.22 Billion | TL944.71 Million | TL628.40 Million | ▲ +7.5 pp |
| 2014 | 18.5% | TL201.26 Million | TL1.09 Billion | TL828.05 Million | TL626.79 Million | — |