Ray Sigorta AS (RAYSG) — Working Capital to Net Assets Ratio
Ray Sigorta AS (RAYSG) has a Working Capital to Net Assets ratio of -24.3% as of June 2023. Working capital of TL-337.30 Million (current assets of TL5.69 Billion minus current liabilities of TL6.03 Billion) is measured against net assets of TL1.39 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Ray Sigorta AS (RAYSG) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ray Sigorta AS Working Capital to Net Assets (2014–2022)
This chart shows how Ray Sigorta AS's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2014 to 2022. As of June 2023, the ratio stands at -24.3%, reflecting working capital of TL-337.30 Million against net assets of TL1.39 Billion TRY. Check Ray Sigorta AS tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Ray Sigorta AS (2014–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ray Sigorta AS from 2014 to 2022, covering 9 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 Ray Sigorta AS market cap and net worth.
| Year | WC/NA Ratio | Working Capital (TRY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | 12.1% | TL107.81 Million | TL890.88 Million | TL4.48 Billion | TL4.37 Billion | ▲ +22.4 pp |
| 2021 | -10.3% | TL-45.38 Million | TL439.74 Million | TL1.71 Billion | TL1.75 Billion | ▼ -82.9 pp |
| 2020 | 72.5% | TL245.11 Million | TL337.90 Million | TL1.64 Billion | TL1.39 Billion | ▼ -13.6 pp |
| 2019 | 86.2% | TL225.93 Million | TL262.15 Million | TL1.19 Billion | TL965.93 Million | ▲ +2.8 pp |
| 2018 | 83.4% | TL176.92 Million | TL212.17 Million | TL849.70 Million | TL672.77 Million | ▲ +4.0 pp |
| 2017 | 79.4% | TL146.74 Million | TL184.93 Million | TL660.34 Million | TL513.60 Million | ▼ -28.2 pp |
| 2016 | 107.5% | TL135.82 Million | TL126.33 Million | TL539.98 Million | TL404.17 Million | ▲ +31.7 pp |
| 2015 | 75.9% | TL71.31 Million | TL94.01 Million | TL403.89 Million | TL332.58 Million | ▲ +0.5 pp |
| 2014 | 75.4% | TL82.66 Million | TL109.65 Million | TL355.99 Million | TL273.33 Million | — |