Pinar Su Sanayi ve Ticaret AS (PINSU) — Working Capital to Net Assets Ratio
Pinar Su Sanayi ve Ticaret AS (PINSU) has a Working Capital to Net Assets ratio of -12.4% as of September 2025. Working capital of TL-294.93 Million (current assets of TL631.88 Million minus current liabilities of TL926.81 Million) is measured against net assets of TL2.37 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See PINSU defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Pinar Su Sanayi ve Ticaret AS Working Capital to Net Assets (2014–2024)
This chart shows how Pinar Su 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 -12.4%, reflecting working capital of TL-294.93 Million against net assets of TL2.37 Billion TRY. For the complete balance sheet picture, see how large is Pinar Su Sanayi ve Ticaret AS's balance sheet.
Annual Working Capital to Net Assets for Pinar Su Sanayi ve Ticaret AS (2014–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Pinar Su 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 Pinar Su Sanayi ve Ticaret AS 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 | -13.2% | TL-248.41 Million | TL1.88 Billion | TL475.71 Million | TL724.12 Million | ▲ +8.6 pp |
| 2023 | -21.8% | TL-352.49 Million | TL1.62 Billion | TL469.06 Million | TL821.55 Million | ▲ +52.0 pp |
| 2022 | -73.7% | TL-267.68 Million | TL362.95 Million | TL215.67 Million | TL483.35 Million | ▲ +10.0 pp |
| 2021 | -83.7% | TL-190.07 Million | TL227.00 Million | TL135.27 Million | TL325.34 Million | ▲ +120.9 pp |
| 2020 | -204.6% | TL-171.57 Million | TL83.84 Million | TL85.73 Million | TL257.30 Million | ▼ -23.8 pp |
| 2019 | -180.8% | TL-93.47 Million | TL51.69 Million | TL78.11 Million | TL171.59 Million | ▼ -48.7 pp |
| 2018 | -132.2% | TL-85.24 Million | TL64.50 Million | TL74.78 Million | TL160.02 Million | ▼ -58.6 pp |
| 2017 | -73.6% | TL-47.07 Million | TL63.99 Million | TL57.01 Million | TL104.08 Million | ▼ -42.3 pp |
| 2016 | -31.2% | TL-19.98 Million | TL63.99 Million | TL49.78 Million | TL69.75 Million | ▲ +2.8 pp |
| 2015 | -34.0% | TL-18.30 Million | TL53.75 Million | TL44.79 Million | TL63.09 Million | ▼ -41.2 pp |
| 2014 | 7.1% | TL4.20 Million | TL58.94 Million | TL42.66 Million | TL38.46 Million | — |