Viking Kagit ve Seluloz AS (VKING) — Working Capital to Net Assets Ratio
Viking Kagit ve Seluloz AS (VKING) has a Working Capital to Net Assets ratio of -10848.9% as of September 2025. Working capital of TL-2.70 Billion (current assets of TL435.16 Million minus current liabilities of TL3.14 Billion) is measured against net assets of TL24.91 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See VKING net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Viking Kagit ve Seluloz AS Working Capital to Net Assets (2014–2024)
This chart shows how Viking Kagit ve Seluloz AS's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at -10848.9%, reflecting working capital of TL-2.70 Billion against net assets of TL24.91 Million TRY. Check VKING goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Viking Kagit ve Seluloz AS (2014–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Viking Kagit ve Seluloz 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 Viking Kagit ve Seluloz AS market cap and net worth.
| Year | WC/NA Ratio | Working Capital (TRY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -4693.8% | TL-1.73 Billion | TL36.79 Million | TL419.08 Million | TL2.15 Billion | ▼ -4338.3 pp |
| 2023 | -355.5% | TL-1.29 Billion | TL363.07 Million | TL393.70 Million | TL1.68 Billion | ▼ -83.9 pp |
| 2022 | -271.5% | TL-488.91 Million | TL180.05 Million | TL334.12 Million | TL823.03 Million | ▲ +1102.0 pp |
| 2021 | -1373.5% | TL-313.37 Million | TL22.82 Million | TL142.93 Million | TL456.30 Million | ▼ -2090.1 pp |
| 2020 | 716.6% | TL-171.19 Million | TL-23.89 Million | TL104.50 Million | TL275.69 Million | ▲ +3199.8 pp |
| 2019 | -2483.2% | TL-120.24 Million | TL4.84 Million | TL82.04 Million | TL202.28 Million | ▼ -2169.7 pp |
| 2018 | -313.5% | TL-86.73 Million | TL27.67 Million | TL81.25 Million | TL167.98 Million | ▼ -194.1 pp |
| 2017 | -119.4% | TL-42.61 Million | TL35.69 Million | TL67.30 Million | TL109.91 Million | ▲ +15519.0 pp |
| 2016 | -15638.4% | TL-50.89 Million | TL325.42K | TL55.87 Million | TL106.76 Million | ▼ -15439.2 pp |
| 2015 | -199.2% | TL-32.99 Million | TL16.56 Million | TL44.33 Million | TL77.32 Million | ▲ +30.6 pp |
| 2014 | -229.8% | TL-38.44 Million | TL16.73 Million | TL45.64 Million | TL84.08 Million | — |