Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS
Kordsa Teknik Tekstil A.S. manufactures and sells vehicle tires and related products in North America, South America, Europe, the Middle East, Africa, and Asia. It is involved in the manufacturing of industrial cloths, transmission belts, v-belts, rubber hoses, and rubber and plastic products; industrial single cord with industrial fabrics in the structure of the material; heavy denier fiber and … Read more
Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS (KORDS) - Total Assets
Latest total assets as of December 2024: TL43.81 Billion TRY
Based on the latest financial reports, Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS (KORDS) holds total assets worth TL43.81 Billion TRY as of December 2024.
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.
Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS - Total Assets Trend (2000–2024)
This chart illustrates how Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS - Asset Composition Analysis
Current Asset Composition (December 2024)
Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS's total assets of TL43.81 Billion consist of 42.5% current assets and 57.5% non-current assets.
| Asset Category | Amount (TRY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | TL0.00 | 9.6% |
| Accounts Receivable | TL5.69 Billion | 13.0% |
| Inventory | TL7.47 Billion | 17.1% |
| Property, Plant & Equipment | TL0.00 | 0.0% |
| Intangible Assets | TL4.42 Billion | 10.1% |
| Goodwill | TL5.48 Billion | 12.5% |
Asset Composition Trend (2000–2024)
This chart illustrates how Kordsa Global Endustriyel Iplik ve Kord Bezi 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: Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS's current assets represent 42.5% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 9.6% of total assets in 2024, up from 0.1% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 22.0% of total assets, an increase from 1.0% in 2000.
- Asset Diversification: The largest asset category is inventory at 17.1% of total assets.
Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS Competitors by Total Assets
Key competitors of Kordsa Global Endustriyel Iplik ve Kord Bezi 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 |
Kordsa Global Endustriyel Iplik ve Kord Bezi 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
Moderate asset utilization - Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS generates 0.69x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS is currently not profitable relative to its asset base.
Kordsa Global Endustriyel Iplik ve Kord Bezi 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 | 0.96 | 1.24 | 1.16 |
| Quick Ratio | 0.58 | 0.67 | 0.63 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | TL-678.75 Million | TL 2.88 Billion | TL 401.07 Million |
Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS - Advanced Valuation Insights
This section examines the relationship between Kordsa Global Endustriyel Iplik ve Kord Bezi 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 | 0.66 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 25.2% |
| Total Assets | TL43.81 Billion |
| Market Capitalization | $90.65 Million USD |
Valuation Analysis
Below Book Valuation: The market values Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS's assets grew by 25.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS (2000–2024)
The table below shows the annual total assets of Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | TL43.81 Billion | +25.25% |
| 2023-12-31 | TL34.98 Billion | +48.40% |
| 2022-12-31 | TL23.57 Billion | +68.22% |
| 2021-12-31 | TL14.01 Billion | +84.24% |
| 2020-12-31 | TL7.60 Billion | +6.05% |
| 2019-12-31 | TL7.17 Billion | +48.45% |
| 2018-12-31 | TL4.83 Billion | +68.50% |
| 2017-12-31 | TL2.87 Billion | +12.69% |
| 2016-12-31 | TL2.54 Billion | +17.00% |
| 2015-12-31 | TL2.17 Billion | +10.27% |
| 2014-12-31 | TL1.97 Billion | +10.30% |
| 2013-12-31 | TL1.79 Billion | +13.56% |
| 2012-12-31 | TL1.57 Billion | -7.49% |
| 2011-12-31 | TL1.70 Billion | +27.76% |
| 2010-12-31 | TL1.33 Billion | +8.48% |
| 2009-12-31 | TL1.23 Billion | -5.95% |
| 2008-12-31 | TL1.31 Billion | +17.17% |
| 2007-12-31 | TL1.11 Billion | -17.11% |
| 2006-12-31 | TL1.34 Billion | +28.38% |
| 2005-12-31 | TL1.05 Billion | -100.00% |
| 2002-12-31 | TL298.20 Trillion | +31.21% |
| 2001-12-31 | TL227.28 Trillion | +84.84% |
| 2000-12-31 | TL122.96 Trillion | -- |