TAV Havalimanlari Holding (TAVHL) — Working Capital to Net Assets Ratio
TAV Havalimanlari Holding (TAVHL) has a Working Capital to Net Assets ratio of -13.6% as of March 2026. Working capital of TL-207.76 Million (current assets of TL750.23 Million minus current liabilities of TL957.99 Million) is measured against net assets of TL1.53 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See TAV Havalimanlari Holding (TAVHL) 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
TAV Havalimanlari Holding Working Capital to Net Assets (2005–2025)
This chart shows how TAV Havalimanlari Holding's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of March 2026, the ratio stands at -13.6%, reflecting working capital of TL-207.76 Million against net assets of TL1.53 Billion TRY. See defensive interval ratio of TAV Havalimanlari Holding to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for TAV Havalimanlari Holding (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for TAV Havalimanlari Holding from 2005 to 2025, covering 21 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 TAVHL company net worth.
| Year | WC/NA Ratio | Working Capital (TRY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -16.8% | TL-270.43 Million | TL1.61 Billion | TL934.82 Million | TL1.21 Billion | ▼ -19.4 pp |
| 2024 | 2.6% | TL42.52 Million | TL1.62 Billion | TL851.10 Million | TL808.58 Million | ▼ -7.4 pp |
| 2023 | 10.1% | TL143.45 Million | TL1.43 Billion | TL1.03 Billion | TL888.22 Million | ▲ +8.3 pp |
| 2022 | 1.7% | TL21.11 Million | TL1.22 Billion | TL752.33 Million | TL731.23 Million | ▲ +5.7 pp |
| 2021 | -4.0% | TL-40.12 Million | TL1.01 Billion | TL447.24 Million | TL487.36 Million | ▲ +17.2 pp |
| 2020 | -21.1% | TL-197.44 Million | TL934.70 Million | TL1.08 Billion | TL1.28 Billion | ▼ -34.6 pp |
| 2019 | 13.5% | TL176.34 Million | TL1.31 Billion | TL1.08 Billion | TL899.35 Million | ▲ +6.1 pp |
| 2018 | 7.3% | TL75.49 Million | TL1.03 Billion | TL902.58 Million | TL827.09 Million | ▲ +17.0 pp |
| 2017 | -9.6% | TL-85.60 Million | TL889.29 Million | TL826.82 Million | TL912.42 Million | ▲ +3.6 pp |
| 2016 | -13.3% | TL-107.14 Million | TL807.09 Million | TL793.00 Million | TL900.15 Million | ▼ -15.7 pp |
| 2015 | 2.4% | TL19.45 Million | TL813.43 Million | TL919.26 Million | TL899.81 Million | ▼ -73.4 pp |
| 2014 | 75.8% | TL564.89 Million | TL745.69 Million | TL908.35 Million | TL343.46 Million | ▲ +19.2 pp |
| 2013 | 56.6% | TL354.48 Million | TL626.27 Million | TL738.94 Million | TL384.46 Million | ▲ +1.8 pp |
| 2012 | 54.8% | TL294.16 Million | TL536.77 Million | TL821.38 Million | TL527.22 Million | ▲ +7.2 pp |
| 2011 | 47.6% | TL267.92 Million | TL562.42 Million | TL705.78 Million | TL437.86 Million | ▲ +5.8 pp |
| 2010 | 41.8% | TL226.11 Million | TL540.39 Million | TL667.56 Million | TL441.44 Million | ▼ -8.9 pp |
| 2009 | 50.7% | TL209.55 Million | TL413.00 Million | TL584.74 Million | TL375.19 Million | ▼ -8.8 pp |
| 2008 | 59.6% | TL184.14 Million | TL309.04 Million | TL594.11 Million | TL409.97 Million | ▲ +0.7 pp |
| 2007 | 58.9% | TL200.63 Million | TL340.55 Million | TL546.01 Million | TL345.38 Million | ▲ +178.5 pp |
| 2006 | -119.6% | TL-399.06 Million | TL333.64 Million | TL543.63 Million | TL942.69 Million | ▼ -136.5 pp |
| 2005 | 16.9% | TL28.15 Million | TL166.76 Million | TL311.51 Million | TL283.36 Million | — |