Turk Hava Yollari AOIST:THYAO +0.68%81 Current Ratio is 0.98 as of Mar. 2026, which is 15% above its 10-year median of 0.85. GuruFocus rates IST:THYAO with a GF Score™ of 81/100 and a GF Value™ of ₺467.65 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,010 Transportation companies, Turk Hava Yollari AO ranks worse than 73.76% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Turk Hava Yollari AO's current ratio for the quarter that ended in Mar. 2026 was 0.98.
Turk Hava Yollari AO has a current ratio of 0.98. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Turk Hava Yollari AO has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for Turk Hava Yollari AO's Current Ratio or its related term are showing as below:
IST:THYAO'
s Current Ratio Range Over the Past 10 Years
Min: 0.61 Med: 0.85 Max: 1.05
Current: 0.98
During the past 13 years, Turk Hava Yollari AO's highest Current Ratio was 1.05. The lowest was 0.61. And the median was 0.85.
IST:THYAO's Current Ratio is ranked worse than 73.76% of 1010
companies
in the Transportation industry
Industry Median: 1.47
vs IST:THYAO: 0.98
Turk Hava Yollari AO (IST:THYAO) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Turk Hava Yollari AO Current Ratio Related Terms
Turk Hava Yollari AO Current Ratio Historical Data
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The historical data trend for Turk Hava Yollari AO's Current Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
IST:THYAO vs DAL, UAL, LUV: Current Ratio Comparison
For the Airlines subindustry, Turk Hava Yollari AO's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Turk Hava Yollari AO Current Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Turk Hava Yollari AO's Current Ratio distribution charts can be found below:
* The bar in red indicates where Turk Hava Yollari AO's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Turk Hava Yollari AO (IST:THYAO) has a Current Ratio of 0.98 as of Mar. 2026. This is 15% above median its historical median of 0.85. Over the past decade, Turk Hava Yollari AO's Current Ratio has ranged from 0.61 to 1.05. According to the industry distribution chart, Turk Hava Yollari AO ranks #745 out of 1010 companies in the Transportation industry, placing it in the top 73.8%.
Is Turk Hava Yollari AO's Current Ratio too high?
Turk Hava Yollari AO's current Current Ratio of 0.98 is 15% above median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 1.05. The Transportation industry median Current Ratio is 1.47. Turk Hava Yollari AO's value of 0.98 is 33.3% below this industry median. Based on the distribution chart, Turk Hava Yollari AO ranks #745 out of 1010 companies in the Transportation industry, which is below the industry midpoint. Overall, Turk Hava Yollari AO has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Turk Hava Yollari AO's Current Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Turk Hava Yollari AO ranks #745 out of 1010 companies for Current Ratio. This places Turk Hava Yollari AO in the lower half of its industry. The industry median Current Ratio is 1.47. Turk Hava Yollari AO's value of 0.98 is 33.3% below this benchmark. Historically, Turk Hava Yollari AO's own Current Ratio has ranged from 0.61 to 1.05 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 1.47, Turk Hava Yollari AO has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Transportation company?
The median Current Ratio among Transportation companies is 1.47, based on 1,010 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Turk Hava Yollari AO's current Current Ratio of 0.98 is 33.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median Current Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turk Hava Yollari AO's current Current Ratio is 0.98, which is 15% above median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turk Hava Yollari AO stock overvalued right now?
Based on GuruFocus' analysis, Turk Hava Yollari AO (IST:THYAO) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺467.65, compared to a current price of ₺330.75 — trading 29.3% below its estimated fair value. The current Current Ratio is 0.98, which is 15% above median its 10-year median of 0.85 and 33.3% below the Transportation industry median of 1.47. Turk Hava Yollari AO's overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Turk Hava Yollari AO (IST:THYAO), the current Current Ratio is 0.98 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Turk Hava Yollari AO (IST:THYAO) Overvalued in 2026?
Based on GuruFocus' analysis, Turk Hava Yollari AO stock appears to be undervalued.
The current stock price of ₺330.75 is trading 29.3% below its estimated GF Value™ of ₺467.65.
GuruFocus considers Turk Hava Yollari AO to be Modestly Undervalued.
Key valuation signals for IST:THYAO:
Current Ratio: 0.98 (15% above median its 10-year median of 0.85)
GF Value™: ₺467.65 vs. price of ₺330.75 (29.3% below fair value)
Industry Position: 33.3% below the Transportation median (#745 of 1010)
No single metric tells the full story. See the IST:THYAO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Turk Hava Yollari AO is a Turkish airline operator. It has flight networks across the globe, and transports passengers to many different regions. Additionally, it can provide long-haul direct cargo flights and other logistics to serve a diverse range of customers. It has two operating segments: air transportation and aircraft technical maintenance operations. The majority of revenue is generated from transferring passengers and cargo (air transportation segment). The company owns several hangars to perform maintenance on different types of aircraft. Its geographical segments are Asia & Far East, Europe, Americas, Africa, and Middle East.
81GF Score
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