Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS

IS:KORDS Turkey Textile Manufacturing
Market Cap
$313.77 Million
TL11.13 Billion TRY
Market Cap Rank
#18660 Global
#171 in Turkey
Share Price
TL57.20
Change (1 day)
-1.72%
52-Week Range
TL47.70 - TL70.75
All Time High
TL114.90
About

Kordsa Teknik Tekstil A.S. manufactures and sells vehicle tires and related products in North America, South America, Europe, the Middle East, Africa, and Asia. It is involved in the manufacturing of industrial cloths, transmission belts, v-belts, rubber hoses, and rubber and plastic products; industrial single cord with industrial fabrics in the structure of the material; heavy denier fiber and … Read more

Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS - Asset Resilience Ratio

Latest as of December 2024: 0.03%

Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS (KORDS) has an Asset Resilience Ratio of 0.03% as of December 2024. 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.

Liquid Assets
TL11.50 Million
Cash + Short-term Investments
Total Assets
TL43.81 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2000–2024)

This chart shows how Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents TL0.00 0%
Short-term Investments TL11.50 Million 0.03%
Total Liquid Assets TL11.50 Million 0.03%

Asset Resilience Insights

  • Limited Liquidity: Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS maintains only 0.03% 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.

Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS Industry Peers by Asset Resilience Ratio

Compare Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Wisher Industrial Co Ltd
TW:1465
Textile Manufacturing 19.02%
Kyungbangco.Ltd
KO:000050
Textile Manufacturing 0.01%
Shijiazhuang Changshan Textile Co Ltd
SHE:000158
Textile Manufacturing 0.06%
Jilin Chemical Fibre Co Ltd
SHE:000420
Textile Manufacturing 1.34%
Anhui Huamao Textile Co Ltd
SHE:000850
Textile Manufacturing 16.68%
Xinxiang Chemical Fiber Co Ltd
SHE:000949
Textile Manufacturing 0.52%
Chonbang
KO:000950
Textile Manufacturing 27.45%
Xinlong Holding Group Co Ltd
SHE:000955
Textile Manufacturing 14.63%

Annual Asset Resilience Ratio for Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS (2000–2024)

The table below shows the annual Asset Resilience Ratio data for Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 0.03% TL11.50 Million TL43.81 Billion -0.24pp
2023-12-31 0.26% TL91.64 Million TL34.98 Billion +0.02pp
2022-12-31 0.25% TL58.21 Million TL23.57 Billion +0.25pp
2021-12-31 0.00% TL171.00 TL14.01 Billion 0.00pp
2020-12-31 0.00% TL94.00 TL7.60 Billion +0.00pp
2019-12-31 0.00% TL76.00 TL7.17 Billion 0.00pp
2018-12-31 0.00% TL86.62K TL4.83 Billion 0.00pp
2017-12-31 0.00% TL121.38K TL2.87 Billion 0.00pp
2016-12-31 0.00% TL113.25K TL2.54 Billion +0.00pp
2015-12-31 0.00% TL93.56K TL2.17 Billion +0.00pp
2014-12-31 0.00% TL74.62K TL1.97 Billion -0.65pp
2002-12-31 0.65% TL1.94 Trillion TL298.20 Trillion +0.61pp
2001-12-31 0.04% TL83.76 Billion TL227.28 Trillion -1.27pp
2000-12-31 1.31% TL1.61 Trillion TL122.96 Trillion --
pp = percentage points