Akin Tekstil AS - Asset Resilience Ratio

Latest as of December 2023: 0.01%

Akin Tekstil AS (ATEKS) has an Asset Resilience Ratio of 0.01% as of December 2023. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Read ATEKS total liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

TL447.16K
≈ $10.02K USD Cash + Short-term Investments

Total Assets

TL5.40 Billion
≈ $120.97 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2005–2023)

This chart shows how Akin Tekstil AS's Asset Resilience Ratio has changed over time. See Akin Tekstil AS defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Liquid Assets Composition Over Time

This chart breaks down Akin Tekstil AS's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see Akin Tekstil AS total assets.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents TL0.00 0%
Short-term Investments TL447.16K 0.01%
Total Liquid Assets TL447.16K 0.01%

Asset Resilience Insights

  • Limited Liquidity: Akin Tekstil AS maintains only 0.01% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

Akin Tekstil AS Industry Peers by Asset Resilience Ratio

Compare Akin Tekstil AS's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Yoong Onn Corporation Bhd
KLSE:5159
Textile Manufacturing 19.76%
Shanghai Shenda Co Ltd
SHG:600626
Textile Manufacturing 0.00%
Yiwu Huading Nylon Co Ltd
SHG:601113
Textile Manufacturing 3.83%
Shenzhen Huijie Group Co Ltd
SHE:002763
Textile Manufacturing -2.80%
Annil Co Ltd
SHE:002875
Textile Manufacturing 0.01%
Suzhou Longjie Special Fiber Co Ltd
SHG:603332
Textile Manufacturing 31.93%
Tifico Fiber Indonesia Tbk
JK:TFCO
Textile Manufacturing 4.38%
Cheviot Company Limited
NSE:CHEVIOT
Textile Manufacturing 3.55%

Annual Asset Resilience Ratio for Akin Tekstil AS (2005–2023)

The table below shows the annual Asset Resilience Ratio data for Akin Tekstil AS.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.01% TL447.16K
≈ $10.02K
TL5.40 Billion
≈ $120.97 Million
+0.01pp
2006-12-31 0.00% TL1.00K
≈ $22.40
TL202.02 Million
≈ $4.52 Million
-7.43pp
2005-12-31 7.43% TL15.77 Million
≈ $353.30K
TL212.34 Million
≈ $4.76 Million
--
pp = percentage points

About Akin Tekstil AS

IS:ATEKS Turkey Textile Manufacturing
Market Cap
$59.38 Million
TL2.65 Billion TRY
Market Cap Rank
#21305 Global
#340 in Turkey
Share Price
TL105.20
Change (1 day)
-1.13%
52-Week Range
TL73.10 - TL192.00
All Time High
TL208.40
About

Akin Tekstil Anonim Sirketi manufactures and sells fabric, yarn, and apparel products in Turkey and internationally. The company offers cotton and blend, wool, real indigo, corduroy, linen, garment dye, and yarn dyed fabrics; men's and women's trousers and bermudas; and women's shirts, dresses, skirts, blouses, and other products. It exports its products. Akin Tekstil Anonim Sirketi was founded i… Read more