Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS (KORDS) — Tangible Net Worth Ratio
Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS (KORDS) has a Tangible Net Worth Ratio of 74.3% as of December 2024. This metric is calculated by deducting intangible assets (TL4.42 Billion) from net assets (TL17.21 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See KORDS working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS Tangible Net Worth Ratio (2000–2024)
This chart shows how Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS's Tangible Net Worth Ratio has changed across 23 annual periods from 2000 to 2024. As of December 2024, the ratio stands at 74.3%, reflecting net assets of TL17.21 Billion with intangible assets of TL4.42 Billion TRY. See KORDS defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS (2000–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS from 2000 to 2024, covering 23 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see KORDS market cap overview.
| Year | Tangible NW Ratio | Net Assets (TRY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 74.3% | TL17.21 Billion | TL4.42 Billion | TL43.81 Billion | ▼ -3.5 pp |
| 2023 | 77.8% | TL16.06 Billion | TL3.57 Billion | TL34.98 Billion | ▲ +0.7 pp |
| 2022 | 77.1% | TL10.03 Billion | TL2.30 Billion | TL23.57 Billion | ▼ -0.5 pp |
| 2021 | 77.6% | TL6.48 Billion | TL1.45 Billion | TL14.01 Billion | ▲ +4.2 pp |
| 2020 | 73.4% | TL3.28 Billion | TL871.41 Million | TL7.60 Billion | ▼ -0.6 pp |
| 2019 | 74.0% | TL2.82 Billion | TL733.45 Million | TL7.17 Billion | ▼ -13.5 pp |
| 2018 | 87.5% | TL2.34 Billion | TL292.94 Million | TL4.83 Billion | ▼ -10.3 pp |
| 2017 | 97.8% | TL1.65 Billion | TL36.93 Million | TL2.87 Billion | ▼ -0.2 pp |
| 2016 | 97.9% | TL1.47 Billion | TL30.56 Million | TL2.54 Billion | ▼ 0.0 pp |
| 2015 | 97.9% | TL1.22 Billion | TL24.97 Million | TL2.17 Billion | ▲ +3.8 pp |
| 2014 | 94.1% | TL1.09 Billion | TL63.59 Million | TL1.97 Billion | ▼ -0.2 pp |
| 2013 | 94.4% | TL1.05 Billion | TL58.83 Million | TL1.79 Billion | ▲ +0.1 pp |
| 2012 | 94.3% | TL990.19 Million | TL56.30 Million | TL1.57 Billion | ▼ -0.5 pp |
| 2011 | 94.8% | TL1.06 Billion | TL54.70 Million | TL1.70 Billion | ▲ +0.7 pp |
| 2010 | 94.1% | TL907.26 Million | TL53.80 Million | TL1.33 Billion | ▲ +0.2 pp |
| 2009 | 93.8% | TL842.79 Million | TL52.06 Million | TL1.23 Billion | ▲ +0.4 pp |
| 2008 | 93.4% | TL782.86 Million | TL51.72 Million | TL1.31 Billion | ▲ +1.2 pp |
| 2007 | 92.2% | TL658.45 Million | TL51.50 Million | TL1.11 Billion | ▼ -0.9 pp |
| 2006 | 93.1% | TL769.19 Million | TL52.98 Million | TL1.34 Billion | ▲ +1.0 pp |
| 2005 | 92.1% | TL629.06 Million | TL49.51 Million | TL1.05 Billion | ▼ -7.3 pp |
| 2002 | 99.4% | TL156.32 Trillion | TL863.02 Billion | TL298.20 Trillion | ▲ +0.6 pp |
| 2001 | 98.9% | TL97.42 Trillion | TL1.09 Trillion | TL227.28 Trillion | ▲ +1.0 pp |
| 2000 | 97.9% | TL61.07 Trillion | TL1.31 Trillion | TL122.96 Trillion | — |