Turkcell Iletisim Hizmetleri AS ORD (TCELL) — Working Capital to Net Assets Ratio
Turkcell Iletisim Hizmetleri AS ORD (TCELL) has a Working Capital to Net Assets ratio of 32.9% as of September 2025. Working capital of TL79.94 Billion (current assets of TL185.91 Billion minus current liabilities of TL105.97 Billion) is measured against net assets of TL243.03 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Turkcell Iletisim Hizmetleri AS ORD defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Turkcell Iletisim Hizmetleri AS ORD Working Capital to Net Assets (2014–2024)
This chart shows how Turkcell Iletisim Hizmetleri AS ORD's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 32.9%, reflecting working capital of TL79.94 Billion against net assets of TL243.03 Billion TRY. For the complete balance sheet picture, see TCELL total assets.
Annual Working Capital to Net Assets for Turkcell Iletisim Hizmetleri AS ORD (2014–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Turkcell Iletisim Hizmetleri AS ORD from 2014 to 2024, covering 11 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 TCELL 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) |
|---|---|---|---|---|---|---|
| 2024 | 12.2% | TL22.86 Billion | TL186.97 Billion | TL113.69 Billion | TL90.83 Billion | ▼ -24.4 pp |
| 2023 | 36.7% | TL44.82 Billion | TL122.23 Billion | TL102.55 Billion | TL57.73 Billion | ▼ -20.1 pp |
| 2022 | 56.8% | TL17.55 Billion | TL30.90 Billion | TL46.81 Billion | TL29.26 Billion | ▲ +1.7 pp |
| 2021 | 55.0% | TL12.42 Billion | TL22.56 Billion | TL29.51 Billion | TL17.09 Billion | ▲ +11.7 pp |
| 2020 | 43.4% | TL9.02 Billion | TL20.78 Billion | TL20.58 Billion | TL11.57 Billion | ▲ +6.5 pp |
| 2019 | 36.9% | TL6.68 Billion | TL18.08 Billion | TL19.33 Billion | TL12.66 Billion | ▼ -4.2 pp |
| 2018 | 41.1% | TL6.60 Billion | TL16.05 Billion | TL18.34 Billion | TL11.74 Billion | ▲ +8.9 pp |
| 2017 | 32.2% | TL4.85 Billion | TL15.05 Billion | TL14.07 Billion | TL9.22 Billion | ▼ -5.1 pp |
| 2016 | 37.3% | TL5.99 Billion | TL16.07 Billion | TL13.35 Billion | TL7.36 Billion | ▲ +20.0 pp |
| 2015 | 17.3% | TL2.49 Billion | TL14.40 Billion | TL8.79 Billion | TL6.30 Billion | ▼ -137.5 pp |
| 2014 | 154.8% | TL11.16 Billion | TL7.21 Billion | TL13.31 Billion | TL2.15 Billion | — |