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 (TCELL) balance sheet quality index to measure how much of total assets are equity-financed.
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. Check Turkcell Iletisim Hizmetleri AS ORD tangible net worth ratio to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see Turkcell Iletisim Hizmetleri AS ORD (TCELL) total market value.
| 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 | — |