Turcas Holding ASIST:TRCAS -0.71%20 Current Ratio is 36.58 as of Mar. 2026, which is 2355% above its 10-year median of 1.49. GuruFocus rates IST:TRCAS with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 445 Utilities - Independent Power Producers companies, Turcas Holding AS ranks better than 98.65% 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. Turcas Holding AS's current ratio for the quarter that ended in Mar. 2026 was 36.58.
Turcas Holding AS has a current ratio of 36.58. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Turcas Holding AS's Current Ratio or its related term are showing as below:
IST:TRCAS'
s Current Ratio Range Over the Past 10 Years
Min: 0.65 Med: 1.49 Max: 36.58
Current: 36.58
During the past 13 years, Turcas Holding AS's highest Current Ratio was 36.58. The lowest was 0.65. And the median was 1.49.
IST:TRCAS's Current Ratio is ranked better than 98.65% of 445
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.36
vs IST:TRCAS: 36.58
Turcas Holding AS (IST:TRCAS) 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.
Turcas Holding AS Current Ratio Related Terms
Turcas Holding AS Current Ratio Historical Data
* Premium members only.
The historical data trend for Turcas Holding AS'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:TRCAS vs CEG, VST, NRG: Current Ratio Comparison
For the Utilities - Independent Power Producers subindustry, Turcas Holding AS'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.
Turcas Holding AS Current Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Turcas Holding AS's Current Ratio distribution charts can be found below:
* The bar in red indicates where Turcas Holding AS'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.
Turcas Holding AS (IST:TRCAS) has a Current Ratio of 36.58 as of Mar. 2026. This is 2355% above median its historical median of 1.49. Over the past decade, Turcas Holding AS's Current Ratio has ranged from 0.65 to 36.58. According to the industry distribution chart, Turcas Holding AS ranks #6 out of 445 companies in the Utilities - Independent Power Producers industry, placing it in the top 1.3%.
Is Turcas Holding AS's Current Ratio too high?
Turcas Holding AS's current Current Ratio of 36.58 is 2355% above median its 10-year median of 1.49. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 36.58. The Utilities - Independent Power Producers industry median Current Ratio is 1.36. Turcas Holding AS's value of 36.58 is 2589.7% above this industry median. Based on the distribution chart, Turcas Holding AS ranks #6 out of 445 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Turcas Holding AS has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Turcas Holding AS's Current Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Turcas Holding AS ranks #6 out of 445 companies for Current Ratio. This places Turcas Holding AS in the top 1% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.36. Turcas Holding AS's value of 36.58 is 2589.7% above this benchmark. Historically, Turcas Holding AS's own Current Ratio has ranged from 0.65 to 36.58 over the past decade. While the company's 10-year median is 1.49 vs. the industry median of 1.36, Turcas Holding AS has consistently been above 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 an Utilities - Independent Power Producers company?
The median Current Ratio among Utilities - Independent Power Producers companies is 1.36, based on 445 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. Turcas Holding AS's current Current Ratio of 36.58 is 2589.7% above 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 Utilities - Independent Power Producers industry, the median Current Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turcas Holding AS's current Current Ratio is 36.58, which is 2355% above median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turcas Holding AS stock overvalued right now?
Turcas Holding AS (IST:TRCAS) has a current Current Ratio of 36.58. The current Current Ratio is 36.58, which is 2355% above median its 10-year median of 1.49 and 2589.7% above the Utilities - Independent Power Producers industry median of 1.36. Turcas Holding AS's overall GF Score™ is 20/100 with 1 warning sign 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 Turcas Holding AS (IST:TRCAS), the current Current Ratio is 36.58 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.
Turcas Holding AS is an oil and energy-focused investment company. It is engaged in fuel distribution and lubricants, conventional energy, and renewable energy fields in Turkey. The company is involved in the operation of Shell-branded fuel stations that offer fuel products and lubricants. The operating segments of the group are Oil, Electricity, and Others. The products that are included in the Oil segment are fuel products, lubricants, and engine oil. The Electricity segment consists of power generation activity.
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