GSD Holding AS (GSDHO) - Total Assets

Latest as of June 2025: TL17.70 Billion TRY ≈ $396.41 Million USD

Based on the latest financial reports, GSD Holding AS (GSDHO) holds total assets worth TL17.70 Billion TRY (≈ $396.41 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.

GSD Holding AS - Total Assets Trend (2003–2024)

This chart illustrates how GSD Holding AS's total assets have evolved over time, based on quarterly financial data. Also see GSD Holding AS stock valuation for the company's overall valuation and market capitalisation.

GSD Holding AS - Asset Composition Analysis

Current Asset Composition (December 2024)

GSD Holding AS's total assets of TL17.70 Billion consist of 54.5% current assets and 45.6% non-current assets. Review total liabilities of GSD Holding AS to assess the company's total debt and financial obligations.

Asset Category Amount (TRY) % of Total Assets
Cash & Equivalents TL0.00 13.3%
Accounts Receivable TL35.00K 0.0%
Inventory TL14.41 Million 0.1%
Property, Plant & Equipment TL0.00 0.0%
Intangible Assets TL6.14 Million 0.0%
Goodwill TL0.00 0.0%

Asset Composition Trend (2003–2024)

This chart illustrates how GSD Holding 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 today's stock price for GSD Holding AS for real-time trading data and today's change.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: GSD Holding AS's current assets represent 54.5% of total assets in 2024, an increase from 0.0% in 2003.
  • Cash Position: Cash and equivalents constituted 13.3% of total assets in 2024, down from 18.8% in 2003.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2003.
  • Asset Diversification: The largest asset category is inventory at 0.1% of total assets.

GSD Holding AS Competitors by Total Assets

Key competitors of GSD Holding AS based on total assets are shown below.

Company Country Total Assets
Okeanis Eco Tankers Corp.
NYSE:ECO
USA $1.65 Billion
Rizhao Port Co Ltd
SHG:600017
China CN¥41.95 Billion
HNA Technology Co Ltd A
SHG:600751
China CN¥9.87 Billion
Himalaya Shipping Ltd
OL:HSHP
Norway Nkr865.30 Million
Eagle Bulk Shipping Inc
NYSE:EGLE
USA $1.15 Billion
Humpuss Intermoda Transportasi
JK:HITS
Indonesia Rp327.39 Million
Wellard Ltd
AU:WLD
Australia AU$34.12 Million
Santos Brasil Participações S.A
SA:STBP3
Brazil R$5.52 Billion

GSD Holding 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 2.72 2.98 2.83
Quick Ratio 2.71 2.97 2.82
Cash Ratio 0.00 0.00 0.00
Working Capital TL5.60 Billion TL4.24 Billion TL831.81 Million

GSD Holding AS - Advanced Valuation Insights

This section examines the relationship between GSD Holding 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 0.36
Latest Market Cap to Assets Ratio 0.01
Asset Growth Rate (YoY) 14.5%
Total Assets TL14.96 Billion
Market Capitalization $84.06 Million USD

Valuation Analysis

Below Book Valuation: The market values GSD Holding AS's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: GSD Holding AS's assets grew by 14.5% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for GSD Holding AS (2003–2024)

The table below shows the annual total assets of GSD Holding AS from 2003 to 2024.

Year Total Assets Change
2024-12-31 TL14.96 Billion
≈ $335.14 Million
+14.51%
2023-12-31 TL13.07 Billion
≈ $292.68 Million
+97.68%
2022-12-31 TL6.61 Billion
≈ $148.06 Million
+58.59%
2021-12-31 TL4.17 Billion
≈ $93.36 Million
+75.54%
2020-12-31 TL2.37 Billion
≈ $53.19 Million
+12.48%
2019-12-31 TL2.11 Billion
≈ $47.29 Million
+10.74%
2018-12-31 TL1.91 Billion
≈ $42.70 Million
+18.96%
2017-12-31 TL1.60 Billion
≈ $35.89 Million
+10.24%
2016-12-31 TL1.45 Billion
≈ $32.56 Million
+9.09%
2015-12-31 TL1.33 Billion
≈ $29.85 Million
-67.58%
2014-12-31 TL4.11 Billion
≈ $92.05 Million
-2.52%
2013-12-31 TL4.22 Billion
≈ $94.43 Million
+6.14%
2012-12-31 TL3.97 Billion
≈ $88.97 Million
+4.64%
2011-12-31 TL3.80 Billion
≈ $85.02 Million
+33.83%
2010-12-31 TL2.84 Billion
≈ $63.53 Million
+19.90%
2009-12-31 TL2.37 Billion
≈ $52.99 Million
-23.64%
2008-12-31 TL3.10 Billion
≈ $69.39 Million
-5.14%
2007-12-31 TL3.27 Billion
≈ $73.15 Million
+1.99%
2006-12-31 TL3.20 Billion
≈ $71.72 Million
+35.58%
2005-12-31 TL2.36 Billion
≈ $52.90 Million
+35.05%
2004-12-31 TL1.75 Billion
≈ $39.17 Million
-100.00%
2003-12-31 TL1585.32 Trillion
≈ $35.51 Trillion
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About GSD Holding AS

IS:GSDHO Turkey Marine Shipping
Market Cap
$84.06 Million
TL3.75 Billion TRY
Market Cap Rank
#19945 Global
#253 in Turkey
Share Price
TL4.17
Change (1 day)
+2.46%
52-Week Range
TL4.07 - TL6.60
All Time High
TL6.60
About

GSD Holding A.S., through its subsidiaries, engages in finance, shipping, energy, and education businesses. The company offers spot loans, revolving, cash, installment commercial, and currency loans; trade financing services; and factoring, financing, warranty, collection services. It also provides dry bulk shipping for the products, such as iron ore and other metals, coal, agricultural products,… Read more