Net Holding AS (NTHOL) — Working Capital to Net Assets Ratio
Net Holding AS (NTHOL) has a Working Capital to Net Assets ratio of -1.8% as of December 2025. Working capital of TL-1.44 Billion (current assets of TL8.27 Billion minus current liabilities of TL9.71 Billion) is measured against net assets of TL80.79 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of Net Holding AS to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Net Holding AS Working Capital to Net Assets (2014–2025)
This chart shows how Net Holding AS's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of December 2025, the ratio stands at -1.8%, reflecting working capital of TL-1.44 Billion against net assets of TL80.79 Billion TRY. Check how tangible is Net Holding AS's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Net Holding AS (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Net Holding 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. For live market cap and the full company profile, see Net Holding AS stock valuation.
| Year | WC/NA Ratio | Working Capital (TRY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -1.8% | TL-1.44 Billion | TL80.79 Billion | TL8.27 Billion | TL9.71 Billion | ▲ +3.6 pp |
| 2024 | -5.4% | TL-3.92 Billion | TL72.84 Billion | TL7.10 Billion | TL11.02 Billion | ▲ +2.7 pp |
| 2023 | -8.0% | TL-4.14 Billion | TL51.42 Billion | TL4.65 Billion | TL8.79 Billion | ▲ +1.7 pp |
| 2022 | -9.7% | TL-1.69 Billion | TL17.32 Billion | TL1.74 Billion | TL3.43 Billion | ▼ -7.2 pp |
| 2021 | -2.5% | TL-264.20 Million | TL10.64 Billion | TL1.59 Billion | TL1.85 Billion | ▲ +2.1 pp |
| 2020 | -4.6% | TL-190.03 Million | TL4.14 Billion | TL656.46 Million | TL846.49 Million | ▼ -6.9 pp |
| 2019 | 2.3% | TL104.79 Million | TL4.56 Billion | TL812.05 Million | TL707.27 Million | ▼ -2.3 pp |
| 2018 | 4.6% | TL182.88 Million | TL4.00 Billion | TL708.62 Million | TL525.74 Million | ▼ -2.5 pp |
| 2017 | 7.1% | TL203.58 Million | TL2.88 Billion | TL634.44 Million | TL430.86 Million | ▼ -15.4 pp |
| 2016 | 22.4% | TL473.04 Million | TL2.11 Billion | TL780.35 Million | TL307.31 Million | ▲ +4.4 pp |
| 2015 | 18.0% | TL367.94 Million | TL2.04 Billion | TL695.87 Million | TL327.94 Million | ▼ -12.8 pp |
| 2014 | 30.8% | TL392.34 Million | TL1.27 Billion | TL790.58 Million | TL398.23 Million | — |