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 71.8% as of March 2025. Working capital of TL32.29 Billion (current assets of TL73.23 Billion minus current liabilities of TL40.93 Billion) is measured against net assets of TL44.95 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Tofas Turk Otomobil Fabrikasi AS (TOASO) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tofas Turk Otomobil Fabrikasi AS Working Capital to Net Assets (2014–2024)
This chart shows how Tofas Turk Otomobil Fabrikasi AS's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of March 2025, the ratio stands at 71.8%, reflecting working capital of TL32.29 Billion against net assets of TL44.95 Billion TRY. Check tangible net worth ratio of Tofas Turk Otomobil Fabrikasi AS to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Tofas Turk Otomobil Fabrikasi AS (2014–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tofas Turk Otomobil Fabrikasi AS 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 Tofas Turk Otomobil Fabrikasi AS market cap and net worth.
| Year | WC/NA Ratio | Working Capital (TRY) | Net Assets | Current Assets | Current Liabilities | Change (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 | — |