Diriteks Dirilis Tekstil Sanayi ve Ticaret AS
Diriteks Dirilis Tekstil Sanayi ve Ticaret A.S., together with its subsidiaries, produces and sells blankets and non-slip carpets in Turkey. Its produces include single, double, and baby blankets. The company is also involved in provision of marketing services; and manufacture of yarn used in blanket and carpet production. Diriteks Dirilis Tekstil Sanayi ve Ticaret A.S. was incorporated in 1996 a… Read more
Diriteks Dirilis Tekstil Sanayi ve Ticaret AS (DIRIT) - Total Assets
Latest total assets as of December 2019: TL12.97 Million TRY
Based on the latest financial reports, Diriteks Dirilis Tekstil Sanayi ve Ticaret AS (DIRIT) holds total assets worth TL12.97 Million TRY as of December 2019.
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.
Diriteks Dirilis Tekstil Sanayi ve Ticaret AS - Total Assets Trend (2011–2019)
This chart illustrates how Diriteks Dirilis Tekstil Sanayi ve Ticaret AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Diriteks Dirilis Tekstil Sanayi ve Ticaret AS - Asset Composition Analysis
Current Asset Composition (December 2019)
Diriteks Dirilis Tekstil Sanayi ve Ticaret AS's total assets of TL12.97 Million consist of 4.0% current assets and 96.0% non-current assets.
| Asset Category | Amount (TRY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | TL0.00 | 0.1% |
| Accounts Receivable | TL210.33K | 1.6% |
| Inventory | TL79.81K | 0.6% |
| Property, Plant & Equipment | TL11.79 Million | 90.9% |
| Intangible Assets | TL2.65K | 0.0% |
| Goodwill | TL0.00 | 0.0% |
Asset Composition Trend (2011–2019)
This chart illustrates how Diriteks Dirilis Tekstil Sanayi ve Ticaret 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Diriteks Dirilis Tekstil Sanayi ve Ticaret AS's current assets represent 4.0% of total assets in 2019, an increase from 0.0% in 2011.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2019, down from 5.4% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2011.
- Asset Diversification: The largest asset category is property, plant & equipment at 90.9% of total assets.
Diriteks Dirilis Tekstil Sanayi ve Ticaret AS Competitors by Total Assets
Key competitors of Diriteks Dirilis Tekstil Sanayi ve Ticaret AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wisher Industrial Co Ltd
TW:1465
|
Taiwan | NT$1.71 Billion |
|
Kyungbangco.Ltd
KO:000050
|
Korea | ₩1.23 Trillion |
|
Shijiazhuang Changshan Textile Co Ltd
SHE:000158
|
China | CN¥17.37 Billion |
|
Jilin Chemical Fibre Co Ltd
SHE:000420
|
China | CN¥13.70 Billion |
|
Anhui Huamao Textile Co Ltd
SHE:000850
|
China | CN¥7.35 Billion |
|
Xinxiang Chemical Fiber Co Ltd
SHE:000949
|
China | CN¥13.36 Billion |
|
Chonbang
KO:000950
|
Korea | ₩236.79 Billion |
|
Xinlong Holding Group Co Ltd
SHE:000955
|
China | CN¥857.96 Million |
Diriteks Dirilis Tekstil Sanayi ve Ticaret AS - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Diriteks Dirilis Tekstil Sanayi ve Ticaret AS generates 0.12x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Diriteks Dirilis Tekstil Sanayi ve Ticaret AS is currently not profitable relative to its asset base.
Diriteks Dirilis Tekstil Sanayi ve Ticaret 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 | 0.51 | 0.83 | 1.13 |
| Quick Ratio | 0.39 | 0.79 | 0.31 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | TL-9.68 Million | TL -11.98 Million | TL 848.51K |
Diriteks Dirilis Tekstil Sanayi ve Ticaret AS - Advanced Valuation Insights
This section examines the relationship between Diriteks Dirilis Tekstil Sanayi ve Ticaret 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 | 6.71 |
| Latest Market Cap to Assets Ratio | 0.57 |
| Asset Growth Rate (YoY) | -41.9% |
| Total Assets | TL12.97 Million |
| Market Capitalization | $7.36 Million USD |
Valuation Analysis
Below Book Valuation: The market values Diriteks Dirilis Tekstil Sanayi ve Ticaret AS's assets below their book value (0.57 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Diriteks Dirilis Tekstil Sanayi ve Ticaret AS's assets decreased by 41.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Diriteks Dirilis Tekstil Sanayi ve Ticaret AS (2011–2019)
The table below shows the annual total assets of Diriteks Dirilis Tekstil Sanayi ve Ticaret AS from 2011 to 2019.
| Year | Total Assets | Change |
|---|---|---|
| 2019-12-31 | TL12.97 Million | -41.85% |
| 2018-12-31 | TL22.30 Million | -11.95% |
| 2017-12-31 | TL25.33 Million | +9.87% |
| 2016-12-31 | TL23.05 Million | -10.04% |
| 2015-12-31 | TL25.63 Million | +10.48% |
| 2014-12-31 | TL23.20 Million | +1.34% |
| 2013-12-31 | TL22.89 Million | +0.59% |
| 2012-12-31 | TL22.75 Million | +62.52% |
| 2011-12-31 | TL14.00 Million | -- |