Soke Degirmencilik AS - Asset Resilience Ratio
Soke Degirmencilik AS (SOKE) has an Asset Resilience Ratio of 0.34% as of September 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. See SOKE 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 (2022–2023)
This chart shows how Soke Degirmencilik AS's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see balance sheet size of Soke Degirmencilik AS.
Liquid Assets Composition Over Time
This chart breaks down Soke Degirmencilik AS's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read Soke Degirmencilik AS debt and 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 | TL14.85 Million | 0.34% |
| Total Liquid Assets | TL14.85 Million | 0.34% |
Asset Resilience Insights
- Limited Liquidity: Soke Degirmencilik AS maintains only 0.34% 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.
Soke Degirmencilik AS Industry Peers by Asset Resilience Ratio
Compare Soke Degirmencilik AS's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Unibel S.A
PA:UNBL |
Packaged Foods | 0.24% |
|
Guangdong Haid Group Co Ltd
SHE:002311 |
Packaged Foods | 5.88% |
|
CCL Products (India) Limited
NSE:CCL |
Packaged Foods | 0.05% |
|
Avanti Feeds Limited
NSE:AVANTIFEED |
Packaged Foods | 65.24% |
|
Mrs. Bectors Food Specialities Limited
NSE:BECTORFOOD |
Packaged Foods | 0.15% |
|
Xiangpiaopiao Food Co Ltd
SHG:603711 |
Packaged Foods | 8.98% |
|
Beijing Sanyuan Foods Co Ltd
SHG:600429 |
Packaged Foods | 0.10% |
|
Bestore Co Ltd
SHG:603719 |
Packaged Foods | 21.48% |
Annual Asset Resilience Ratio for Soke Degirmencilik AS (2022–2023)
The table below shows the annual Asset Resilience Ratio data for Soke Degirmencilik AS.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.75% | TL24.30 Million ≈ $544.17K |
TL3.24 Billion ≈ $72.63 Million |
-1.89pp |
| 2022-12-31 | 2.64% | TL66.38 Million ≈ $1.49 Million |
TL2.51 Billion ≈ $56.28 Million |
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About Soke Degirmencilik AS
Söke Degirmencilik Sanayi ve Ticaret A.S. produces and sells flour and flour mixtures in Turkey. It offers flours, gluten free flours, bread flour mixes, professional flours, and professional bread mixes. The company was incorporated in 1961 and is headquartered in Aydin, Turkey. Söke Degirmencilik Sanayi ve Ticaret A.S. is a subsidiary of Ulusoy Un Sanayi ve Ticaret A.S.