Smartiks Yazilim AS (SMART) — Working Capital to Net Assets Ratio
Smartiks Yazilim AS (SMART) has a Working Capital to Net Assets ratio of -7.2% as of March 2025. Working capital of TL-27.61 Million (current assets of TL75.16 Million minus current liabilities of TL102.77 Million) is measured against net assets of TL385.70 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Smartiks Yazilim AS (SMART) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Smartiks Yazilim AS Working Capital to Net Assets (2017–2024)
This chart shows how Smartiks Yazilim AS's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of March 2025, the ratio stands at -7.2%, reflecting working capital of TL-27.61 Million against net assets of TL385.70 Million TRY. See SMART cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Smartiks Yazilim AS (2017–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Smartiks Yazilim AS from 2017 to 2024, covering 8 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 Smartiks Yazilim AS (SMART) market capitalisation.
| Year | WC/NA Ratio | Working Capital (TRY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -3.5% | TL-12.26 Million | TL346.23 Million | TL84.03 Million | TL96.29 Million | ▼ -14.2 pp |
| 2023 | 10.7% | TL35.52 Million | TL333.01 Million | TL131.65 Million | TL96.14 Million | ▲ +7.9 pp |
| 2022 | 2.8% | TL2.08 Million | TL75.38 Million | TL36.51 Million | TL34.43 Million | ▼ -7.9 pp |
| 2021 | 10.7% | TL7.36 Million | TL68.90 Million | TL26.82 Million | TL19.47 Million | ▼ -8.1 pp |
| 2020 | 18.8% | TL12.23 Million | TL65.21 Million | TL23.36 Million | TL11.12 Million | ▼ -3.8 pp |
| 2019 | 22.5% | TL13.89 Million | TL61.70 Million | TL21.43 Million | TL7.54 Million | ▲ +17.2 pp |
| 2018 | 5.3% | TL1.47 Million | TL27.61 Million | TL14.50 Million | TL13.03 Million | ▲ +11.0 pp |
| 2017 | -5.7% | TL-1.07 Million | TL18.86 Million | TL8.85 Million | TL9.92 Million | — |