Turkcell Iletisim Hizmetleri AS (TKC) — Working Capital to Net Assets Ratio
Turkcell Iletisim Hizmetleri AS (TKC) has a Working Capital to Net Assets ratio of 32.9% as of September 2025. Working capital of $79.94 Billion (current assets of $185.91 Billion minus current liabilities of $105.97 Billion) is measured against net assets of $243.03 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See TKC 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
Turkcell Iletisim Hizmetleri AS Working Capital to Net Assets (1999–2024)
This chart shows how Turkcell Iletisim Hizmetleri AS's Working Capital to Net Assets ratio has evolved across 26 annual periods from 1999 to 2024. As of September 2025, the ratio stands at 32.9%, reflecting working capital of $79.94 Billion against net assets of $243.03 Billion USD. See Turkcell Iletisim Hizmetleri AS (TKC) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Turkcell Iletisim Hizmetleri AS (1999–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Turkcell Iletisim Hizmetleri AS from 1999 to 2024, covering 26 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 Turkcell Iletisim Hizmetleri AS market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 12.2% | $22.86 Billion | $186.97 Billion | $113.69 Billion | $90.83 Billion | ▼ -24.4 pp |
| 2023 | 36.7% | $64.71 Billion | $176.48 Billion | $148.05 Billion | $83.35 Billion | ▲ +10.3 pp |
| 2022 | 26.4% | $28.84 Billion | $109.38 Billion | $77.31 Billion | $48.48 Billion | ▼ -4.7 pp |
| 2021 | 31.1% | $20.30 Billion | $65.37 Billion | $48.57 Billion | $28.26 Billion | ▼ -12.3 pp |
| 2020 | 43.4% | $1.21 Billion | $2.80 Billion | $2.77 Billion | $1.56 Billion | ▲ +6.5 pp |
| 2019 | 36.9% | $1.12 Billion | $3.04 Billion | $3.25 Billion | $2.13 Billion | ▼ -4.2 pp |
| 2018 | 41.1% | $6.60 Billion | $16.05 Billion | $18.34 Billion | $11.74 Billion | ▲ +8.9 pp |
| 2017 | 32.2% | $4.85 Billion | $15.05 Billion | $14.07 Billion | $9.22 Billion | ▼ -5.1 pp |
| 2016 | 37.3% | $5.99 Billion | $16.07 Billion | $13.35 Billion | $7.36 Billion | ▲ +20.0 pp |
| 2015 | 17.3% | $2.49 Billion | $14.42 Billion | $8.79 Billion | $6.30 Billion | ▼ -32.5 pp |
| 2014 | 49.8% | $8.34 Billion | $16.77 Billion | $13.35 Billion | $5.01 Billion | ▲ +0.0 pp |
| 2013 | 49.8% | $7.29 Billion | $14.66 Billion | $11.58 Billion | $4.29 Billion | ▲ +6.0 pp |
| 2012 | 43.7% | $5.61 Billion | $12.83 Billion | $9.83 Billion | $4.21 Billion | ▲ +1.9 pp |
| 2011 | 41.9% | $4.53 Billion | $10.81 Billion | $8.42 Billion | $3.89 Billion | ▼ -0.2 pp |
| 2010 | 42.1% | $4.08 Billion | $9.70 Billion | $6.91 Billion | $2.82 Billion | ▲ +8.9 pp |
| 2009 | 33.2% | $2.93 Billion | $8.82 Billion | $6.37 Billion | $3.44 Billion | ▼ -2.9 pp |
| 2008 | 36.1% | $3.02 Billion | $8.37 Billion | $6.25 Billion | $3.24 Billion | ▲ +5.6 pp |
| 2007 | 30.5% | $2.12 Billion | $6.94 Billion | $4.74 Billion | $2.62 Billion | ▲ +17.3 pp |
| 2006 | 13.3% | $770.54 Million | $5.81 Billion | $3.08 Billion | $2.31 Billion | ▲ +5.2 pp |
| 2005 | 8.0% | $301.73 Million | $3.75 Billion | $2.10 Billion | $1.80 Billion | ▲ +6.6 pp |
| 2004 | 1.4% | $38.56 Million | $2.74 Billion | $2.44 Billion | $2.40 Billion | ▲ +25.4 pp |
| 2003 | -24.0% | $-496.22 Million | $2.07 Billion | $1.88 Billion | $2.38 Billion | ▼ -8.3 pp |
| 2002 | -15.7% | $-279.58 Million | $1.78 Billion | $1.01 Billion | $1.29 Billion | ▲ +3.6 pp |
| 2001 | -19.3% | $-331.91 Million | $1.72 Billion | $992.42 Million | $1.32 Billion | ▼ -15.0 pp |
| 2000 | -4.3% | $-74.54 Million | $1.73 Billion | $1.18 Billion | $1.26 Billion | ▲ +15.8 pp |
| 1999 | -20.1% | $-221.57 Million | $1.10 Billion | $756.51 Million | $978.08 Million | — |