Tureks Turizm Tasimacilik AS (TUREX) — Working Capital to Net Assets Ratio
Tureks Turizm Tasimacilik AS (TUREX) has a Working Capital to Net Assets ratio of 20.3% as of March 2022. Working capital of TL76.11 Million (current assets of TL257.57 Million minus current liabilities of TL181.45 Million) is measured against net assets of TL374.83 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can Tureks Turizm Tasimacilik AS fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tureks Turizm Tasimacilik AS Working Capital to Net Assets (2018–2023)
This chart shows how Tureks Turizm Tasimacilik AS's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2018 to 2023. As of March 2022, the ratio stands at 20.3%, reflecting working capital of TL76.11 Million against net assets of TL374.83 Million TRY. For the complete balance sheet picture, see Tureks Turizm Tasimacilik AS assets under control.
Annual Working Capital to Net Assets for Tureks Turizm Tasimacilik AS (2018–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tureks Turizm Tasimacilik AS from 2018 to 2023, covering 6 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 Tureks Turizm Tasimacilik AS (TUREX) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (TRY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 3.4% | TL178.08 Million | TL5.29 Billion | TL1.06 Billion | TL885.46 Million | ▲ +2.1 pp |
| 2022 | 1.3% | TL18.74 Million | TL1.48 Billion | TL352.65 Million | TL333.92 Million | ▼ -20.3 pp |
| 2021 | 21.6% | TL79.96 Million | TL370.36 Million | TL194.88 Million | TL114.92 Million | ▲ +8.0 pp |
| 2020 | 13.6% | TL29.49 Million | TL216.53 Million | TL139.25 Million | TL109.77 Million | ▲ +8.8 pp |
| 2019 | 4.8% | TL6.64 Million | TL138.12 Million | TL120.62 Million | TL113.97 Million | ▲ +47.6 pp |
| 2018 | -42.8% | TL-30.55 Million | TL71.46 Million | TL89.28 Million | TL119.84 Million | — |