Panelsan Cati Cephe Sistemleri Sanayi ve Ticaret AS (PNLSN) — Working Capital to Net Assets Ratio

Panelsan Cati Cephe Sistemleri Sanayi ve Ticaret AS (PNLSN) has a Working Capital to Net Assets ratio of 21.8% as of September 2025. Working capital of TL595.01 Million (current assets of TL1.82 Billion minus current liabilities of TL1.22 Billion) is measured against net assets of TL2.73 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Panelsan Cati Cephe Sistemleri Sanayi ve liquidity coverage in days to measure how many days the company can operate on defensive assets alone.