Europap Tezol Kagit Sanayi Ve Ticaret AS (TEZOL) — Working Capital to Net Assets Ratio
Europap Tezol Kagit Sanayi Ve Ticaret AS (TEZOL) has a Working Capital to Net Assets ratio of 44.4% as of December 2025. Working capital of TL2.68 Billion (current assets of TL3.87 Billion minus current liabilities of TL1.19 Billion) is measured against net assets of TL6.04 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Europap Tezol Kagit Sanayi Ve Ticaret AS liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Europap Tezol Kagit Sanayi Ve Ticaret AS Working Capital to Net Assets (2018–2025)
This chart shows how Europap Tezol Kagit Sanayi Ve Ticaret AS's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of December 2025, the ratio stands at 44.4%, reflecting working capital of TL2.68 Billion against net assets of TL6.04 Billion TRY. For the complete balance sheet picture, see TEZOL asset base.
Annual Working Capital to Net Assets for Europap Tezol Kagit Sanayi Ve Ticaret AS (2018–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Europap Tezol Kagit Sanayi Ve Ticaret AS from 2018 to 2025, covering 8 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 asset resilience ratio of Europap Tezol Kagit Sanayi Ve Ticaret AS 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 | 44.4% | TL2.68 Billion | TL6.04 Billion | TL3.87 Billion | TL1.19 Billion | ▲ +4.7 pp |
| 2024 | 39.8% | TL2.38 Billion | TL5.98 Billion | TL3.60 Billion | TL1.22 Billion | ▲ +0.3 pp |
| 2023 | 39.5% | TL1.78 Billion | TL4.50 Billion | TL2.84 Billion | TL1.06 Billion | ▼ -28.3 pp |
| 2022 | 67.8% | TL924.68 Million | TL1.36 Billion | TL1.37 Billion | TL446.83 Million | ▼ -23.6 pp |
| 2021 | 91.4% | TL635.05 Million | TL694.61 Million | TL968.95 Million | TL333.89 Million | ▲ +19.3 pp |
| 2020 | 72.1% | TL327.53 Million | TL454.36 Million | TL456.87 Million | TL129.34 Million | ▲ +6.5 pp |
| 2019 | 65.6% | TL222.18 Million | TL338.55 Million | TL310.02 Million | TL87.84 Million | ▲ +9.0 pp |
| 2018 | 56.7% | TL137.33 Million | TL242.32 Million | TL234.34 Million | TL97.02 Million | — |