Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS (KORDS) - Total Assets
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 (≈ $981.16 Million USD) 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. Explore Kordsa Global Endustriyel Iplik ve Kord (KORDS) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
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. See Kordsa Global Endustriyel Iplik ve Kord book value and equity for net asset value and shareholders' equity analysis.
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. For live market cap, price, and company overview, see market cap of Kordsa Global Endustriyel Iplik ve Kord .
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 |
|---|---|---|
|
HMT(Xiamen)New Technical
SHG:603306
|
China | CN¥5.86 Billion |
|
Zhejiang Taihua New Material
SHG:603055
|
China | CN¥11.56 Billion |
|
Zhejiang Truelove Vogue Co Ltd
SHE:003041
|
China | CN¥2.56 Billion |
|
Shandong Nanshan Zhishang Sci-Tech Co.Ltd.
SHE:300918
|
China | CN¥5.05 Billion |
|
Jilin Chemical Fibre Co Ltd
SHE:000420
|
China | CN¥14.10 Billion |
|
Shanghai Shuixing Home Textile Co Ltd Class A
SHG:603365
|
China | CN¥3.96 Billion |
|
SEONGAN CO. Ltd
KO:011300
|
Korea | ₩106.97 Billion |
|
DI Dong Il Corp
KO:001530
|
Korea | ₩1.03 Trillion |
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 | TL2.88 Billion | TL401.07 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 | 0.01 |
| Asset Growth Rate (YoY) | 25.2% |
| Total Assets | TL43.81 Billion |
| Market Capitalization | $291.70 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 (0.01x), 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 ≈ $981.16 Million |
+25.25% |
| 2023-12-31 | TL34.98 Billion ≈ $783.37 Million |
+48.40% |
| 2022-12-31 | TL23.57 Billion ≈ $527.89 Million |
+68.22% |
| 2021-12-31 | TL14.01 Billion ≈ $313.80 Million |
+84.24% |
| 2020-12-31 | TL7.60 Billion ≈ $170.33 Million |
+6.05% |
| 2019-12-31 | TL7.17 Billion ≈ $160.60 Million |
+48.45% |
| 2018-12-31 | TL4.83 Billion ≈ $108.18 Million |
+68.50% |
| 2017-12-31 | TL2.87 Billion ≈ $64.20 Million |
+12.69% |
| 2016-12-31 | TL2.54 Billion ≈ $56.97 Million |
+17.00% |
| 2015-12-31 | TL2.17 Billion ≈ $48.69 Million |
+10.27% |
| 2014-12-31 | TL1.97 Billion ≈ $44.16 Million |
+10.30% |
| 2013-12-31 | TL1.79 Billion ≈ $40.03 Million |
+13.56% |
| 2012-12-31 | TL1.57 Billion ≈ $35.25 Million |
-7.49% |
| 2011-12-31 | TL1.70 Billion ≈ $38.11 Million |
+27.76% |
| 2010-12-31 | TL1.33 Billion ≈ $29.83 Million |
+8.48% |
| 2009-12-31 | TL1.23 Billion ≈ $27.49 Million |
-5.95% |
| 2008-12-31 | TL1.31 Billion ≈ $29.24 Million |
+17.17% |
| 2007-12-31 | TL1.11 Billion ≈ $24.95 Million |
-17.11% |
| 2006-12-31 | TL1.34 Billion ≈ $30.10 Million |
+28.38% |
| 2005-12-31 | TL1.05 Billion ≈ $23.45 Million |
-100.00% |
| 2002-12-31 | TL298.20 Trillion ≈ $6.68 Trillion |
+31.21% |
| 2001-12-31 | TL227.28 Trillion ≈ $5.09 Trillion |
+84.84% |
| 2000-12-31 | TL122.96 Trillion ≈ $2.75 Trillion |
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About 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