Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS (FLAP) - Total Assets
Based on the latest financial reports, Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS (FLAP) holds total assets worth TL1.12 Billion TRY (≈ $25.13 Million USD) as of September 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 financial resilience of Flap Kongre Toplanti Hizmetleri Otomotiv to evaluate the company's liquid asset resilience ratio.
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS - Total Assets Trend (2009–2024)
This chart illustrates how Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's total assets have evolved over time, based on quarterly financial data. For live market cap, price, and company overview, see Flap Kongre Toplanti Hizmetleri Otomotiv market cap and net worth.
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS - Asset Composition Analysis
Current Asset Composition (December 2024)
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's total assets of TL1.12 Billion consist of 19.8% current assets and 80.2% non-current assets.
| Asset Category | Amount (TRY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | TL0.00 | 2.4% |
| Accounts Receivable | TL40.57 Million | 5.0% |
| Inventory | TL38.34 Million | 4.7% |
| Property, Plant & Equipment | TL0.00 | 0.0% |
| Intangible Assets | TL0.00 | 0.0% |
| Goodwill | TL0.00 | 0.0% |
Asset Composition Trend (2009–2024)
This chart illustrates how Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm 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. See Flap Kongre Toplanti Hizmetleri Otomotiv (FLAP) net assets for net asset value and shareholders' equity analysis.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's current assets represent 19.8% of total assets in 2024, an increase from 0.0% in 2009.
- Cash Position: Cash and equivalents constituted 2.4% of total assets in 2024, up from 0.5% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2009.
- Asset Diversification: The largest asset category is accounts receivable at 5.0% of total assets.
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS Competitors by Total Assets
Key competitors of Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Airbnb Inc
NASDAQ:ABNB
|
USA | $22.21 Billion |
|
Viking Holdings Ltd
NYSE:VIK
|
USA | $11.52 Billion |
|
Net Holding AS
IS:NTHOL
|
Turkey | TL118.79 Billion |
|
Wuhan Sante Cableway Group Co Ltd
SHE:002159
|
China | CN¥1.88 Billion |
|
Bayu Buana Tbk
JK:BAYU
|
Indonesia | Rp961.63 Billion |
|
Corporate Travel Management Ltd
AU:CTD
|
Australia | AU$1.59 Billion |
|
Flight Centre Travel Group Ltd
AU:FLT
|
Australia | AU$4.66 Billion |
|
WEB Travel Group Ltd
AU:WEB
|
Australia | AU$1.70 Billion |
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm 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 | 1.81 | 1.91 | 1.57 |
| Quick Ratio | 1.34 | 1.58 | 1.57 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | TL120.99 Million | TL83.98 Million | TL5.78 Million |
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS - Advanced Valuation Insights
This section examines the relationship between Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm 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 | 0.89 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | -11.7% |
| Total Assets | TL818.51 Million |
| Market Capitalization | $29.52 Million USD |
Valuation Analysis
Below Book Valuation: The market values Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's assets below their book value (0.04x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS's assets decreased by 11.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS (2009–2024)
The table below shows the annual total assets of Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | TL818.51 Million ≈ $18.33 Million |
-11.69% |
| 2023-12-31 | TL926.90 Million ≈ $20.76 Million |
+240.75% |
| 2022-12-31 | TL272.02 Million ≈ $6.09 Million |
+43.90% |
| 2021-12-31 | TL189.03 Million ≈ $4.23 Million |
+106.48% |
| 2020-12-31 | TL91.55 Million ≈ $2.05 Million |
-12.05% |
| 2019-12-31 | TL104.09 Million ≈ $2.33 Million |
+10.80% |
| 2018-12-31 | TL93.95 Million ≈ $2.10 Million |
-38.25% |
| 2017-12-31 | TL152.15 Million ≈ $3.41 Million |
+19.66% |
| 2016-12-31 | TL127.16 Million ≈ $2.85 Million |
+15.56% |
| 2015-12-31 | TL110.03 Million ≈ $2.46 Million |
+112.71% |
| 2014-12-31 | TL51.73 Million ≈ $1.16 Million |
+1.36% |
| 2013-12-31 | TL51.04 Million ≈ $1.14 Million |
+4.23% |
| 2012-12-31 | TL48.97 Million ≈ $1.10 Million |
+40.52% |
| 2011-12-31 | TL34.85 Million ≈ $780.51K |
-10.10% |
| 2010-12-31 | TL38.76 Million ≈ $868.17K |
-13.42% |
| 2009-12-31 | TL44.77 Million ≈ $1.00 Million |
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About Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm A.S. plans and organizes events and meetings under the Flap Tour brand name for the tourism industry. It organizes product launch meetings, education meetings, dealers' meetings, and corporate opening organizations. The company is also involved in organizing press meetings and bulletins; and the preparation of the printed materials for presentati… Read more