Akin Tekstil AS Total Assets
Akin Tekstil AS total assets. Based on the latest financial reports, Akin Tekstil AS (ATEKS) holds total assets worth TL4.99 Billion TRY (≈ $111.71 Million USD) as of December 2024. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see ATEKS company net worth for the company's overall valuation and market capitalisation.
Total Assets of Akin Tekstil AS (2005–2024)
Total assets of Akin Tekstil AS from 2005 to 2024. This chart illustrates how Akin Tekstil AS's total assets have evolved over time, based on quarterly financial data. See ATEKS share price today for real-time trading data and today's change.
Akin Tekstil AS - Asset Composition Analysis
Akin Tekstil AS Total Assets Breakdown (December 2024)
Akin Tekstil AS total assets breakdown as of December 2024. Akin Tekstil AS's total assets of TL4.99 Billion consist of 17.8% current assets and 82.2% non-current assets.
| Asset Category | Amount (TRY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | TL0.00 | 1.0% |
| Accounts Receivable | TL357.44 Million | 7.2% |
| Inventory | TL436.76 Million | 8.8% |
| Property, Plant & Equipment | TL0.00 | 0.0% |
| Intangible Assets | TL461.28K | 0.0% |
| Goodwill | TL0.00 | 0.0% |
Asset Composition Trend (2005–2024)
This chart illustrates how Akin Tekstil AS's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore Akin Tekstil AS (ATEKS) working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Akin Tekstil AS's current assets represent 17.8% of total assets in 2024, an increase from 0.0% in 2005.
- Cash Position: Cash and equivalents constituted 1.0% of total assets in 2024, down from 1.8% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2005.
- Asset Diversification: The largest asset category is inventory at 8.8% of total assets.
Akin Tekstil AS Competitors by Total Assets
Key competitors of Akin Tekstil AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
HMT(Xiamen)New Technical
SHG:603306
|
China | CN¥5.86 Billion |
|
Huafu Top Dyed Melange Yarn Co Ltd
SHE:002042
|
China | CN¥17.79 Billion |
|
Jiangsu Jujie Microfiber Technology
SHE:300819
|
China | CN¥1.04 Billion |
|
Hongda High-Tech Holding Co Ltd
SHE:002144
|
China | CN¥2.32 Billion |
|
Indo Rama Synthetics (India) Limited
NSE:INDORAMA
|
India | Rs32.44 Billion |
|
Indo Kordsa Tbk
JK:BRAM
|
Indonesia | Rp281.13 Million |
|
Bossa Ticaret ve Sanayi Isletmeleri TAS
IS:BOSSA
|
Turkey | TL16.75 Billion |
|
Nahar Industrial Enterprises Limited
NSE:NAHARINDUS
|
India | Rs17.01 Billion |
Akin Tekstil AS - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.94 | 0.98 | 1.19 |
| Quick Ratio | 0.48 | 0.51 | 0.59 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | TL-56.28 Million | TL-24.32 Million | TL33.40 Million |
Akin Tekstil AS - Advanced Valuation Insights
This section examines the relationship between Akin Tekstil AS's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.65 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -7.7% |
| Total Assets | TL4.99 Billion |
| Market Capitalization | $43.35 Million USD |
Valuation Analysis
Below Book Valuation: The market values Akin Tekstil AS's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Akin Tekstil AS's assets decreased by 7.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Akin Tekstil AS (2005–2024)
The table below shows the annual total assets of Akin Tekstil AS from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | TL4.99 Billion ≈ $111.71 Million |
-7.65% |
| 2023-12-31 | TL5.40 Billion ≈ $120.97 Million |
+137.61% |
| 2022-12-31 | TL2.27 Billion ≈ $50.91 Million |
+87.40% |
| 2021-12-31 | TL1.21 Billion ≈ $27.17 Million |
+56.07% |
| 2020-12-31 | TL777.20 Million ≈ $17.41 Million |
+6.14% |
| 2019-12-31 | TL732.22 Million ≈ $16.40 Million |
+11.43% |
| 2018-12-31 | TL657.11 Million ≈ $14.72 Million |
+16.19% |
| 2017-12-31 | TL565.55 Million ≈ $12.67 Million |
+20.63% |
| 2016-12-31 | TL468.81 Million ≈ $10.50 Million |
+11.32% |
| 2015-12-31 | TL421.12 Million ≈ $9.43 Million |
+25.40% |
| 2014-12-31 | TL335.82 Million ≈ $7.52 Million |
+39.09% |
| 2013-12-31 | TL241.44 Million ≈ $5.41 Million |
-5.12% |
| 2012-12-31 | TL254.47 Million ≈ $5.70 Million |
+2.37% |
| 2011-12-31 | TL248.58 Million ≈ $5.57 Million |
+2.64% |
| 2010-12-31 | TL242.19 Million ≈ $5.42 Million |
+52.61% |
| 2009-12-31 | TL158.70 Million ≈ $3.55 Million |
-11.03% |
| 2008-12-31 | TL178.38 Million ≈ $4.00 Million |
-11.70% |
| 2006-12-31 | TL202.02 Million ≈ $4.52 Million |
-4.86% |
| 2005-12-31 | TL212.34 Million ≈ $4.76 Million |
-- |
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