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 Pinar Su Sanayi ve Ticaret AS (PINSU) balance sheet quality index to measure how much of total assets are equity-financed.
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. Check how tangible is Pinar Su Sanayi ve Ticaret AS's equity to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see market value of Pinar Su Sanayi ve Ticaret AS.
| 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 | — |