Formet Celik Kapi Sanayi ve Ticaret AS Total Assets
Formet Celik Kapi Sanayi ve Ticaret AS total assets. Based on the latest financial reports, Formet Celik Kapi Sanayi ve Ticaret AS (FORMT) holds total assets worth TL2.61 Billion TRY (≈ $58.42 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. Also see market cap of Formet Celik Kapi Sanayi ve Ticaret AS for the company's overall valuation and market capitalisation.
Total Assets of Formet Celik Kapi Sanayi ve Ticaret AS (2017–2024)
Total assets of Formet Celik Kapi Sanayi ve Ticaret AS from 2017 to 2024. This chart illustrates how Formet Celik Kapi Sanayi ve Ticaret AS's total assets have evolved over time, based on quarterly financial data. See Formet Celik Kapi Sanayi ve Ticaret AS share price for real-time trading data and today's change.
Formet Celik Kapi Sanayi ve Ticaret AS - Asset Composition Analysis
Formet Celik Kapi Sanayi ve Ticaret AS Total Assets Breakdown (December 2024)
Formet Celik Kapi Sanayi ve Ticaret AS total assets breakdown as of December 2024. Formet Celik Kapi Sanayi ve Ticaret AS's total assets of TL2.61 Billion consist of 39.5% current assets and 60.5% non-current assets.
| Asset Category | Amount (TRY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | TL0.00 | 2.4% |
| Accounts Receivable | TL339.66 Million | 17.7% |
| Inventory | TL276.47 Million | 14.4% |
| Property, Plant & Equipment | TL0.00 | 0.0% |
| Intangible Assets | TL14.52 Million | 0.8% |
| Goodwill | TL0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Formet Celik Kapi 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. Explore FORMT 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: Formet Celik Kapi Sanayi ve Ticaret AS's current assets represent 39.5% of total assets in 2024, a decrease from 88.1% in 2017.
- Cash Position: Cash and equivalents constituted 2.4% of total assets in 2024, down from 4.0% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 17.7% of total assets.
Formet Celik Kapi Sanayi ve Ticaret AS Competitors by Total Assets
Key competitors of Formet Celik Kapi Sanayi ve Ticaret AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Chengdu Fusen Noble-House Industrial Co Ltd
SHE:002818
|
China | CN¥7.42 Billion |
|
Zhejiang Tianzhen Technology Co. Ltd. A
SHE:301356
|
China | CN¥3.17 Billion |
|
Kennede Electronics MFG Co Ltd
SHE:002723
|
China | CN¥2.55 Billion |
|
Fiamma Holdings Bhd
KLSE:6939
|
Malaysia | RM1.04 Billion |
|
Fabryki Mebli Forte S.A.
WAR:FTE
|
Poland | zł1.37 Billion |
|
Integra Indocabinet Tbk PT
JK:WOOD
|
Indonesia | Rp8.15 Trillion |
|
Domec Compania de Artefactos Domesticos SAIC y F
BA:DOME
|
Argentina | AR$8.98 Billion |
|
Fiplasto SA
BA:FIPL
|
Argentina | AR$114.44 Billion |
Formet Celik Kapi 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 | 1.89 | 1.66 | 1.31 |
| Quick Ratio | 1.35 | 1.02 | 0.94 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | TL521.15 Million | TL306.20 Million | TL29.57 Million |
Formet Celik Kapi Sanayi ve Ticaret AS - Advanced Valuation Insights
This section examines the relationship between Formet Celik Kapi 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 | 1.94 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 0.3% |
| Total Assets | TL1.92 Billion |
| Market Capitalization | $21.94 Million USD |
Valuation Analysis
Below Book Valuation: The market values Formet Celik Kapi Sanayi ve Ticaret AS's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Formet Celik Kapi Sanayi ve Ticaret AS's assets grew by 0.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Formet Celik Kapi Sanayi ve Ticaret AS (2017–2024)
The table below shows the annual total assets of Formet Celik Kapi Sanayi ve Ticaret AS from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | TL1.92 Billion ≈ $43.00 Million |
+0.32% |
| 2023-12-31 | TL1.91 Billion ≈ $42.86 Million |
+172.26% |
| 2022-12-31 | TL702.92 Million ≈ $15.74 Million |
+102.24% |
| 2021-12-31 | TL347.57 Million ≈ $7.78 Million |
+86.47% |
| 2020-12-31 | TL186.40 Million ≈ $4.17 Million |
+25.26% |
| 2019-12-31 | TL148.81 Million ≈ $3.33 Million |
-8.25% |
| 2018-12-31 | TL162.19 Million ≈ $3.63 Million |
+29.79% |
| 2017-12-31 | TL124.96 Million ≈ $2.80 Million |
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About Formet Celik Kapi Sanayi ve Ticaret AS
Formet Metal ve Cam Sanayi A.S. engages in the manufacture and sale of steel doors primarily in Turkey. The company also provides steel, aluminum, wood, PVC, plastic, other materials; metal doors and windows, and their parts made of metal; and alloy and other materials, as well as door thresholds, shutters, stairs, banisters, verandas, railings, durable consumer goods, cookers, heaters, and elect… Read more