Akin Tekstil AS - Asset Resilience Ratio
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. See Akin Tekstil AS (ATEKS) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2005–2023)
This chart shows how Akin Tekstil AS's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see ATEKS total assets.
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. Read Akin Tekstil AS balance sheet liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|---|
|
Coats Group PLC
LSE:COA |
Textile Manufacturing | 0.00% |
|
Shanghai Shuixing Home Textile Co Ltd Class A
SHG:603365 |
Textile Manufacturing | 18.04% |
|
Hunan Huasheng Co Ltd
SHG:600156 |
Textile Manufacturing | 5.20% |
|
Hangzhou Wensli Silk Culture Co. Ltd.
SHE:301066 |
Textile Manufacturing | 0.03% |
|
ZheJiang HuaSheng Technology Co.Ltd
SHG:605180 |
Textile Manufacturing | 5.80% |
|
Xinlong Holding Group Co Ltd
SHE:000955 |
Textile Manufacturing | 14.63% |
|
Hongda High-Tech Holding Co Ltd
SHE:002144 |
Textile Manufacturing | 6.71% |
|
Winsome Yarns Limited
NSE:WINSOME |
Textile Manufacturing | 12.48% |
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 |
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About Akin Tekstil AS
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