Tofas Turk Otomobil Fabrikasi AS (TOASO) — Working Capital to Net Assets Ratio
Tofas Turk Otomobil Fabrikasi AS (TOASO) has a Working Capital to Net Assets ratio of 87.8% as of March 2026. Working capital of TL51.77 Billion (current assets of TL142.69 Billion minus current liabilities of TL90.92 Billion) is measured against net assets of TL58.96 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See TOASO FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tofas Turk Otomobil Fabrikasi AS Working Capital to Net Assets (2014–2025)
This chart shows how Tofas Turk Otomobil Fabrikasi 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 87.8%, reflecting working capital of TL51.77 Billion against net assets of TL58.96 Billion TRY. See operational self-sufficiency of Tofas Turk Otomobil Fabrikasi AS to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Tofas Turk Otomobil Fabrikasi AS (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tofas Turk Otomobil Fabrikasi 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. For live market cap and the full company profile, see TOASO company net worth.
| Year | WC/NA Ratio | Working Capital (TRY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 82.6% | TL49.60 Billion | TL60.03 Billion | TL120.39 Billion | TL70.79 Billion | ▲ +5.8 pp |
| 2024 | 76.9% | TL36.20 Billion | TL47.10 Billion | TL62.72 Billion | TL26.52 Billion | ▲ +9.2 pp |
| 2023 | 67.6% | TL24.94 Billion | TL36.88 Billion | TL60.50 Billion | TL35.57 Billion | ▼ -5.9 pp |
| 2022 | 73.5% | TL8.32 Billion | TL11.31 Billion | TL33.39 Billion | TL25.07 Billion | ▲ +31.5 pp |
| 2021 | 42.0% | TL2.41 Billion | TL5.74 Billion | TL16.17 Billion | TL13.76 Billion | ▼ -1.9 pp |
| 2020 | 43.9% | TL1.96 Billion | TL4.47 Billion | TL12.84 Billion | TL10.88 Billion | ▲ +24.4 pp |
| 2019 | 19.5% | TL843.21 Million | TL4.33 Billion | TL6.97 Billion | TL6.13 Billion | ▼ -7.2 pp |
| 2018 | 26.7% | TL990.59 Million | TL3.71 Billion | TL7.09 Billion | TL6.10 Billion | ▲ +2.1 pp |
| 2017 | 24.6% | TL880.63 Million | TL3.58 Billion | TL7.73 Billion | TL6.85 Billion | ▲ +6.1 pp |
| 2016 | 18.4% | TL545.52 Million | TL2.96 Billion | TL6.26 Billion | TL5.71 Billion | ▼ -7.9 pp |
| 2015 | 26.4% | TL681.27 Million | TL2.58 Billion | TL5.21 Billion | TL4.53 Billion | ▲ +6.7 pp |
| 2014 | 19.7% | TL440.48 Million | TL2.24 Billion | TL3.82 Billion | TL3.38 Billion | — |