Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret (SMRTG) — Working Capital to Net Assets Ratio
Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret (SMRTG) has a Working Capital to Net Assets ratio of -94.2% as of September 2025. Working capital of TL-3.54 Billion (current assets of TL11.54 Billion minus current liabilities of TL15.08 Billion) is measured against net assets of TL3.76 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See SMRTG days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret Working Capital to Net Assets (2019–2024)
This chart shows how Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2019 to 2024. As of September 2025, the ratio stands at -94.2%, reflecting working capital of TL-3.54 Billion against net assets of TL3.76 Billion TRY. For the complete balance sheet picture, see total assets of Smart Gunes Enerjisi Teknolojileri Arast.
Annual Working Capital to Net Assets for Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret (2019–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret from 2019 to 2024, covering 6 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 financial resilience of Smart Gunes Enerjisi Teknolojileri Arast 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 | -17.7% | TL-623.41 Million | TL3.51 Billion | TL10.65 Billion | TL11.27 Billion | ▼ -52.0 pp |
| 2023 | 34.2% | TL1.05 Billion | TL3.07 Billion | TL10.29 Billion | TL9.23 Billion | ▼ -40.6 pp |
| 2022 | 74.8% | TL584.86 Million | TL781.67 Million | TL2.28 Billion | TL1.70 Billion | ▲ +8.2 pp |
| 2021 | 66.6% | TL133.57 Million | TL200.61 Million | TL712.66 Million | TL579.08 Million | ▼ -16.7 pp |
| 2020 | 83.3% | TL61.63 Million | TL74.03 Million | TL500.88 Million | TL439.25 Million | ▼ -180.5 pp |
| 2019 | 263.7% | TL44.17 Million | TL16.75 Million | TL334.87 Million | TL290.70 Million | — |