Marshall Boya ve Vernik Sanayi AS

IS:MRSHL Turkey Specialty Chemicals
Market Cap
$434.03 Million
TL15.39 Billion TRY
Market Cap Rank
#12293 Global
#75 in Turkey
Share Price
TL1400.00
Change (1 day)
+0.57%
52-Week Range
TL1235.00 - TL2180.00
All Time High
TL2730.00
About

Marshall Boya Ve Vernik Sanayii A.S. manufactures and sells paint, coating, and varnish products in Turkey. The company offers interior wall and exterior paint. Marshall Boya Ve Vernik Sanayii A.S. was founded in 1954 and is headquartered in Dilovasi, Turkey.

Marshall Boya ve Vernik Sanayi AS (MRSHL) - Total Assets

Latest total assets as of June 2025: TL4.14 Billion TRY

Based on the latest financial reports, Marshall Boya ve Vernik Sanayi AS (MRSHL) holds total assets worth TL4.14 Billion TRY 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.

Marshall Boya ve Vernik Sanayi AS - Total Assets Trend (2008–2024)

This chart illustrates how Marshall Boya ve Vernik Sanayi AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Marshall Boya ve Vernik Sanayi AS - Asset Composition Analysis

Current Asset Composition (December 2024)

Marshall Boya ve Vernik Sanayi AS's total assets of TL4.14 Billion consist of 55.6% current assets and 44.5% non-current assets.

Asset Category Amount (TRY) % of Total Assets
Cash & Equivalents TL0.00 14.5%
Accounts Receivable TL313.48 Million 12.3%
Inventory TL398.87 Million 15.6%
Property, Plant & Equipment TL0.00 0.0%
Intangible Assets TL0.00 0.0%
Goodwill TL0.00 0.0%

Asset Composition Trend (2008–2024)

This chart illustrates how Marshall Boya ve Vernik Sanayi 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: Marshall Boya ve Vernik Sanayi AS's current assets represent 55.6% of total assets in 2024, an increase from 0.0% in 2008.
  • Cash Position: Cash and equivalents constituted 14.5% of total assets in 2024, up from 10.5% in 2008.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
  • Asset Diversification: The largest asset category is inventory at 15.6% of total assets.

Marshall Boya ve Vernik Sanayi AS Competitors by Total Assets

Key competitors of Marshall Boya ve Vernik Sanayi AS based on total assets are shown below.

Company Country Total Assets
Akzo Nobel N.V
OTCQX:AKZOF
USA $13.95 Billion
YeSUN Tech Co.Ltd.
KQ:250930
Korea ₩51.65 Billion
Hangzhou Flariant Co Ltd
SHG:605566
China CN¥2.55 Billion
Samhwa Paint
KO:000390
Korea ₩617.09 Billion
DL Holdings CO. LTD.
KO:000210
Korea ₩12.05 Trillion
Norooholdings
KO:000320
Korea ₩1.26 Trillion
Noroo Holdings Co Ltd
KO:000325
Korea ₩1.26 Trillion
Chongqing Sanxia Paints Co Ltd
SHE:000565
China CN¥1.65 Billion

Marshall Boya ve Vernik Sanayi 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

Historical Range: 0.92 - 1.59

Strong asset utilization - Marshall Boya ve Vernik Sanayi AS generates 1.59x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -13.72% - 6.23%

Negative ROA - Marshall Boya ve Vernik Sanayi AS is currently not profitable relative to its asset base.

Marshall Boya ve Vernik Sanayi 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 0.99 1.04 1.01
Quick Ratio 0.85 0.85 0.95
Cash Ratio 0.00 0.00 0.00
Working Capital TL-15.26 Million TL 95.95 Million TL 2.82 Million

Marshall Boya ve Vernik Sanayi AS - Advanced Valuation Insights

This section examines the relationship between Marshall Boya ve Vernik Sanayi 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 18.77
Latest Market Cap to Assets Ratio 0.13
Asset Growth Rate (YoY) -18.0%
Total Assets TL2.56 Billion
Market Capitalization $335.34 Million USD

Valuation Analysis

Below Book Valuation: The market values Marshall Boya ve Vernik Sanayi AS's assets below their book value (0.13 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Marshall Boya ve Vernik Sanayi AS's assets decreased by 18.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Marshall Boya ve Vernik Sanayi AS (2008–2024)

The table below shows the annual total assets of Marshall Boya ve Vernik Sanayi AS from 2008 to 2024.

Year Total Assets Change
2024-12-31 TL2.56 Billion -17.98%
2023-12-31 TL3.12 Billion +118.58%
2022-12-31 TL1.43 Billion +74.62%
2021-12-31 TL816.41 Million +67.06%
2020-12-31 TL488.68 Million +62.42%
2019-12-31 TL300.87 Million +15.22%
2018-12-31 TL261.12 Million +16.08%
2017-12-31 TL224.94 Million +30.49%
2016-12-31 TL172.38 Million -0.37%
2015-12-31 TL173.02 Million -1.89%
2014-12-31 TL176.36 Million +0.87%
2013-12-31 TL174.84 Million -7.11%
2012-12-31 TL188.22 Million +1.84%
2011-12-31 TL184.82 Million +12.02%
2010-12-31 TL164.99 Million +9.02%
2009-12-31 TL151.34 Million +2.80%
2008-12-31 TL147.22 Million --