Karsan Otomotiv Sanayi ve Ticaret AS (KARSN) - Total Assets
Based on the latest financial reports, Karsan Otomotiv Sanayi ve Ticaret AS (KARSN) holds total assets worth TL20.09 Billion TRY 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.
Karsan Otomotiv Sanayi ve Ticaret AS - Total Assets Trend (2002–2024)
This chart illustrates how Karsan Otomotiv Sanayi ve Ticaret AS's total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Karsan Otomotiv Sanayi ve Ticaret AS - Asset Composition Analysis
Current Asset Composition (December 2024)
Karsan Otomotiv Sanayi ve Ticaret AS's total assets of TL20.09 Billion consist of 50.5% current assets and 49.5% non-current assets.
| Asset Category | Amount (TRY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | TL0.00 | 7.8% |
| Accounts Receivable | TL4.51 Billion | 29.8% |
| Inventory | TL1.44 Billion | 9.5% |
| Property, Plant & Equipment | TL0.00 | 0.0% |
| Intangible Assets | TL2.64 Billion | 17.5% |
| Goodwill | TL0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how Karsan Otomotiv 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: Karsan Otomotiv Sanayi ve Ticaret AS's current assets represent 50.5% of total assets in 2024, an increase from 0.0% in 2002.
- Cash Position: Cash and equivalents constituted 7.8% of total assets in 2024, up from 0.8% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 17.0% of total assets, an increase from 0.0% in 2002.
- Asset Diversification: The largest asset category is accounts receivable at 29.8% of total assets.
Karsan Otomotiv Sanayi ve Ticaret AS Competitors by Total Assets
Key competitors of Karsan Otomotiv Sanayi ve Ticaret AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Kia Corp
KO:000270
|
Korea | ₩97.98 Trillion |
|
Weichai Power Co Ltd Class A
SHE:000338
|
China | CN¥364.32 Billion |
|
Jiangling Motors Corp Ltd
SHE:000550
|
China | CN¥33.73 Billion |
|
Haima Automobile Group Co Ltd
SHE:000572
|
China | CN¥4.80 Billion |
|
Faw Car Co Ltd
SHE:000800
|
China | CN¥76.20 Billion |
|
Anhui Ankai Automobile Co Ltd
SHE:000868
|
China | CN¥4.25 Billion |
|
Kunming Yunnei Power Co Ltd
SHE:000903
|
China | CN¥10.27 Billion |
|
Zhejiang Qianjiang Motorcycle Co Ltd
SHE:000913
|
China | CN¥10.53 Billion |
Karsan Otomotiv 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 | 0.91 | 1.05 | 1.40 |
| Quick Ratio | 0.57 | 0.63 | 1.23 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | TL-1.14 Billion | TL370.09 Million | TL440.41 Million |
Karsan Otomotiv Sanayi ve Ticaret AS - Advanced Valuation Insights
This section examines the relationship between Karsan Otomotiv 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 | 1.47 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -4.5% |
| Total Assets | TL15.12 Billion |
| Market Capitalization | $219.72 Million USD |
Valuation Analysis
Below Book Valuation: The market values Karsan Otomotiv Sanayi ve Ticaret AS's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Karsan Otomotiv Sanayi ve Ticaret AS's assets decreased by 4.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Karsan Otomotiv Sanayi ve Ticaret AS (2002–2024)
The table below shows the annual total assets of Karsan Otomotiv Sanayi ve Ticaret AS from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | TL15.12 Billion | -4.48% |
| 2023-12-31 | TL15.83 Billion | +151.25% |
| 2022-12-31 | TL6.30 Billion | +68.60% |
| 2021-12-31 | TL3.74 Billion | +37.55% |
| 2020-12-31 | TL2.72 Billion | +7.14% |
| 2019-12-31 | TL2.54 Billion | +7.46% |
| 2018-12-31 | TL2.36 Billion | +29.23% |
| 2017-12-31 | TL1.83 Billion | +13.89% |
| 2016-12-31 | TL1.60 Billion | -3.98% |
| 2015-12-31 | TL1.67 Billion | +47.16% |
| 2014-12-31 | TL1.13 Billion | +10.00% |
| 2013-12-31 | TL1.03 Billion | +41.57% |
| 2012-12-31 | TL728.62 Million | +55.62% |
| 2011-12-31 | TL468.19 Million | +12.68% |
| 2010-12-31 | TL415.50 Million | +33.99% |
| 2009-12-31 | TL310.10 Million | -18.44% |
| 2008-12-31 | TL380.20 Million | +94.67% |
| 2007-12-31 | TL195.31 Million | +36.53% |
| 2006-12-31 | TL143.05 Million | -12.18% |
| 2005-12-31 | TL162.88 Million | -14.07% |
| 2004-12-31 | TL189.55 Million | +15.86% |
| 2003-12-31 | TL163.60 Million | -100.00% |
| 2002-12-31 | TL126.91 Trillion | -- |
About Karsan Otomotiv Sanayi ve Ticaret AS
Karsan Otomotiv Sanayii ve Ticaret A.S. engages in the production and sale of automotives and related vehicles, and spare parts in Turkey and internationally. The company provides passenger cars, trucks, minibuses, buses, hydrogen buses, and electric and diesel busses. It also offers after-sales, marketing, and financial leasing services. The company sells its products under the JEST, ATAK, and S… Read more