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 Smart Gunes Enerjisi Teknolojileri Arast net asset quality index to measure how much of total assets are equity-financed.
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. Check tangible net worth ratio of Smart Gunes Enerjisi Teknolojileri Arast to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see SMRTG stock market capitalisation.
| 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 | — |