Turk Traktor ve Ziraat Makineleri AS (TTRAK) — Working Capital to Net Assets Ratio
Turk Traktor ve Ziraat Makineleri AS (TTRAK) has a Working Capital to Net Assets ratio of 11.3% as of March 2026. Working capital of TL1.93 Billion (current assets of TL25.33 Billion minus current liabilities of TL23.40 Billion) is measured against net assets of TL17.09 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See TTRAK financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Turk Traktor ve Ziraat Makineleri AS Working Capital to Net Assets (2014–2025)
This chart shows how Turk Traktor ve Ziraat Makineleri 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 11.3%, reflecting working capital of TL1.93 Billion against net assets of TL17.09 Billion TRY. See TTRAK defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Turk Traktor ve Ziraat Makineleri AS (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Turk Traktor ve Ziraat Makineleri 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 TTRAK market cap overview.
| Year | WC/NA Ratio | Working Capital (TRY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 24.5% | TL4.10 Billion | TL16.71 Billion | TL22.73 Billion | TL18.64 Billion | ▼ -16.1 pp |
| 2024 | 40.7% | TL6.90 Billion | TL16.97 Billion | TL22.98 Billion | TL16.08 Billion | ▼ -19.6 pp |
| 2023 | 60.2% | TL9.27 Billion | TL15.40 Billion | TL25.01 Billion | TL15.74 Billion | ▼ -4.7 pp |
| 2022 | 64.9% | TL2.36 Billion | TL3.64 Billion | TL11.58 Billion | TL9.22 Billion | ▼ -11.8 pp |
| 2021 | 76.7% | TL1.57 Billion | TL2.05 Billion | TL4.94 Billion | TL3.37 Billion | ▼ -37.4 pp |
| 2020 | 114.1% | TL1.64 Billion | TL1.44 Billion | TL3.67 Billion | TL2.03 Billion | ▲ +4.0 pp |
| 2019 | 110.0% | TL840.79 Million | TL764.01 Million | TL1.94 Billion | TL1.10 Billion | ▼ -55.7 pp |
| 2018 | 165.7% | TL1.08 Billion | TL651.86 Million | TL2.16 Billion | TL1.08 Billion | ▲ +49.2 pp |
| 2017 | 116.5% | TL883.09 Million | TL757.77 Million | TL2.00 Billion | TL1.11 Billion | ▲ +2.8 pp |
| 2016 | 113.8% | TL796.17 Million | TL699.86 Million | TL1.58 Billion | TL786.82 Million | ▲ +33.8 pp |
| 2015 | 80.0% | TL520.49 Million | TL650.91 Million | TL1.37 Billion | TL853.64 Million | ▼ -2.5 pp |
| 2014 | 82.5% | TL581.31 Million | TL704.86 Million | TL1.32 Billion | TL737.88 Million | — |