Turk Tuborg Bira ve Malt Sanayi AS (TBORG) — Working Capital to Net Assets Ratio
Turk Tuborg Bira ve Malt Sanayi AS (TBORG) has a Working Capital to Net Assets ratio of 25.1% as of March 2026. Working capital of TL6.31 Billion (current assets of TL21.25 Billion minus current liabilities of TL14.94 Billion) is measured against net assets of TL25.15 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of Turk Tuborg Bira ve Malt Sanayi AS to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Turk Tuborg Bira ve Malt Sanayi AS Working Capital to Net Assets (2014–2025)
This chart shows how Turk Tuborg Bira ve Malt Sanayi AS's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of March 2026, the ratio stands at 25.1%, reflecting working capital of TL6.31 Billion against net assets of TL25.15 Billion TRY. For the complete balance sheet picture, see how large is Turk Tuborg Bira ve Malt Sanayi AS's balance sheet.
Annual Working Capital to Net Assets for Turk Tuborg Bira ve Malt Sanayi AS (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Turk Tuborg Bira ve Malt Sanayi AS from 2014 to 2025, covering 12 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 Turk Tuborg Bira ve Malt Sanayi AS asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (TRY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 28.1% | TL6.63 Billion | TL23.59 Billion | TL26.62 Billion | TL19.99 Billion | ▼ -9.3 pp |
| 2024 | 37.4% | TL8.58 Billion | TL22.96 Billion | TL22.96 Billion | TL14.38 Billion | ▲ +10.2 pp |
| 2023 | 27.2% | TL4.03 Billion | TL14.82 Billion | TL16.61 Billion | TL12.58 Billion | ▼ -7.0 pp |
| 2022 | 34.2% | TL1.42 Billion | TL4.14 Billion | TL5.83 Billion | TL4.41 Billion | ▼ -17.0 pp |
| 2021 | 51.2% | TL1.50 Billion | TL2.93 Billion | TL3.23 Billion | TL1.73 Billion | ▲ +11.2 pp |
| 2020 | 40.0% | TL732.52 Million | TL1.83 Billion | TL2.27 Billion | TL1.54 Billion | ▲ +7.8 pp |
| 2019 | 32.2% | TL420.44 Million | TL1.31 Billion | TL1.54 Billion | TL1.12 Billion | ▼ -15.4 pp |
| 2018 | 47.6% | TL668.35 Million | TL1.41 Billion | TL1.56 Billion | TL892.46 Million | ▼ -4.7 pp |
| 2017 | 52.2% | TL541.86 Million | TL1.04 Billion | TL1.14 Billion | TL595.70 Million | ▼ -1.3 pp |
| 2016 | 53.5% | TL399.81 Million | TL747.04 Million | TL917.42 Million | TL517.61 Million | ▲ +6.0 pp |
| 2015 | 47.5% | TL242.26 Million | TL509.50 Million | TL628.70 Million | TL386.44 Million | ▲ +11.2 pp |
| 2014 | 36.3% | TL128.44 Million | TL353.43 Million | TL424.51 Million | TL296.07 Million | — |