Birlik Mensucat Ticaret ve Sanayi Isletmesi AS (BRMEN) - Total Assets
Based on the latest financial reports, Birlik Mensucat Ticaret ve Sanayi Isletmesi AS (BRMEN) holds total assets worth TL85.89 Million TRY (≈ $1.92 Million USD) as of June 2025. 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. Check how aggressively does Birlik Mensucat Ticaret ve Sanayi Isletm reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Birlik Mensucat Ticaret ve Sanayi Isletmesi AS - Total Assets Trend (2004–2024)
This chart illustrates how Birlik Mensucat Ticaret ve Sanayi Isletmesi AS's total assets have evolved over time, based on quarterly financial data. Explore investment intensity of Birlik Mensucat Ticaret ve Sanayi Isletm to see how much of total assets are deployed in long-term investments.
Birlik Mensucat Ticaret ve Sanayi Isletmesi AS - Asset Composition Analysis
Current Asset Composition (December 2024)
Birlik Mensucat Ticaret ve Sanayi Isletmesi AS's total assets of TL85.89 Million consist of 81.8% current assets and 18.2% non-current assets.
| Asset Category | Amount (TRY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | TL0.00 | 13.8% |
| Accounts Receivable | TL14.74 Million | 16.8% |
| Inventory | TL42.39 Million | 48.4% |
| Property, Plant & Equipment | TL0.00 | 0.0% |
| Intangible Assets | TL105.55K | 0.1% |
| Goodwill | TL0.00 | 0.0% |
Asset Composition Trend (2004–2024)
This chart illustrates how Birlik Mensucat Ticaret ve Sanayi Isletmesi 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. For live market cap, price, and company overview, see Birlik Mensucat Ticaret ve Sanayi Isletm market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Birlik Mensucat Ticaret ve Sanayi Isletmesi AS's current assets represent 81.8% of total assets in 2024, an increase from 0.0% in 2004.
- Cash Position: Cash and equivalents constituted 13.8% of total assets in 2024, up from 1.3% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 7.0% in 2004.
- Asset Diversification: The largest asset category is inventory at 48.4% of total assets.
Birlik Mensucat Ticaret ve Sanayi Isletmesi AS Competitors by Total Assets
Key competitors of Birlik Mensucat Ticaret ve Sanayi Isletmesi AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Jilin Chemical Fibre Co Ltd
SHE:000420
|
China | CN¥14.10 Billion |
|
Zhejiang Taihua New Material
SHG:603055
|
China | CN¥11.56 Billion |
|
Zhejiang Yingfeng Technology Co Ltd
SHG:605055
|
China | CN¥2.86 Billion |
|
Lu Thai Textile Co Ltd
SHE:000726
|
China | CN¥14.17 Billion |
|
Suzhou Longjie Special Fiber Co Ltd
SHG:603332
|
China | CN¥1.57 Billion |
|
Best Pacific International Holdings Limited
F:NWQ
|
Germany | €6.66 Billion |
|
SEONGAN CO. Ltd
KO:011300
|
Korea | ₩106.97 Billion |
|
Guangdong Modern High Tech Fiber Co
SHE:300876
|
China | CN¥1.78 Billion |
Birlik Mensucat Ticaret ve Sanayi Isletmesi 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 | 0.78 | 1.16 | 0.81 |
| Quick Ratio | 0.27 | 0.36 | 0.81 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | TL-18.65 Million | TL6.37 Million | TL-11.85 Million |
Birlik Mensucat Ticaret ve Sanayi Isletmesi AS - Advanced Valuation Insights
This section examines the relationship between Birlik Mensucat Ticaret ve Sanayi Isletmesi 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 | 65.60 |
| Latest Market Cap to Assets Ratio | 0.14 |
| Asset Growth Rate (YoY) | 1.5% |
| Total Assets | TL87.55 Million |
| Market Capitalization | $12.28 Million USD |
Valuation Analysis
Below Book Valuation: The market values Birlik Mensucat Ticaret ve Sanayi Isletmesi AS's assets below their book value (0.14x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Birlik Mensucat Ticaret ve Sanayi Isletmesi AS's assets grew by 1.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Birlik Mensucat Ticaret ve Sanayi Isletmesi AS (2004–2024)
The table below shows the annual total assets of Birlik Mensucat Ticaret ve Sanayi Isletmesi AS from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | TL87.55 Million ≈ $1.96 Million |
+1.51% |
| 2023-12-31 | TL86.25 Million ≈ $1.93 Million |
+698.48% |
| 2022-12-31 | TL10.80 Million ≈ $241.93K |
+78.14% |
| 2021-12-31 | TL6.06 Million ≈ $135.81K |
+14.43% |
| 2020-12-31 | TL5.30 Million ≈ $118.68K |
-93.56% |
| 2019-12-31 | TL82.22 Million ≈ $1.84 Million |
-22.82% |
| 2018-12-31 | TL106.52 Million ≈ $2.39 Million |
+40.52% |
| 2017-12-31 | TL75.81 Million ≈ $1.70 Million |
+2.46% |
| 2016-12-31 | TL73.99 Million ≈ $1.66 Million |
-5.06% |
| 2015-12-31 | TL77.93 Million ≈ $1.75 Million |
+107.92% |
| 2014-12-31 | TL37.48 Million ≈ $839.43K |
+4.90% |
| 2013-12-31 | TL35.73 Million ≈ $800.19K |
+3.30% |
| 2012-12-31 | TL34.59 Million ≈ $774.64K |
-13.64% |
| 2011-12-31 | TL40.05 Million ≈ $896.97K |
-50.72% |
| 2010-12-31 | TL81.27 Million ≈ $1.82 Million |
-29.90% |
| 2009-12-31 | TL115.94 Million ≈ $2.60 Million |
-13.95% |
| 2008-12-31 | TL134.74 Million ≈ $3.02 Million |
-21.77% |
| 2007-12-31 | TL172.24 Million ≈ $3.86 Million |
+1.36% |
| 2006-12-31 | TL169.93 Million ≈ $3.81 Million |
+18.14% |
| 2005-12-31 | TL143.84 Million ≈ $3.22 Million |
+19.37% |
| 2004-12-31 | TL120.49 Million ≈ $2.70 Million |
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About Birlik Mensucat Ticaret ve Sanayi Isletmesi AS
Birlik Mensucat Ticaret ve Sanayi Isletmesi A.S. engages in the manufacture and sale of cotton yarns in Turkey. The company offers cotton terry towels, bathrobes, home textile products, curtains, mattresses, and bed bases under the SOLEY brand. It also provides gabardine and poplin fabrics. The company was founded in 1953 and is based in Kayseri, Turkey.