Odine Solutions Teknoloji As

IS:ODINE Turkey Software - Infrastructure
Market Cap
$2.12 Billion
TL75.03 Billion TRY
Market Cap Rank
#9237 Global
#47 in Turkey
Share Price
TL679.00
Change (1 day)
+6.26%
52-Week Range
TL69.00 - TL679.00
All Time High
TL679.00
About

Odine Solutions Teknoloji Ticaret ve Sanayi A.S. provides software solutions in Turkey. It also offers Odine Orion, a voice management solution; Odine Nebula, a voice cloud management platform and Odine Nebula+, a flexible hybrid voice platform; Odine Gatekeeper, a voice fraud management solution; and Odine Pathfinder, a centralized routing server solution. The company was founded in 2000 and is … Read more

Odine Solutions Teknoloji As (ODINE) - Total Assets

Latest total assets as of September 2024: TL1.88 Billion TRY

Based on the latest financial reports, Odine Solutions Teknoloji As (ODINE) holds total assets worth TL1.88 Billion TRY as of September 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.

Odine Solutions Teknoloji As - Total Assets Trend (2021–2023)

This chart illustrates how Odine Solutions Teknoloji As’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Odine Solutions Teknoloji As - Asset Composition Analysis

Current Asset Composition (December 2023)

Odine Solutions Teknoloji As's total assets of TL1.88 Billion consist of 73.8% current assets and 26.2% non-current assets.

Asset Category Amount (TRY) % of Total Assets
Cash & Equivalents TL0.00 17.0%
Accounts Receivable TL662.65 Million 49.2%
Inventory TL5.62 Million 0.4%
Property, Plant & Equipment TL0.00 0.0%
Intangible Assets TL318.92 Million 23.7%
Goodwill TL0.00 0.0%

Asset Composition Trend (2021–2023)

This chart illustrates how Odine Solutions Teknoloji 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: Odine Solutions Teknoloji As's current assets represent 73.8% of total assets in 2023, a decrease from 82.5% in 2021.
  • Cash Position: Cash and equivalents constituted 17.0% of total assets in 2023, down from 53.1% in 2021.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 23.0% of total assets, an increase from 16.0% in 2021.
  • Asset Diversification: The largest asset category is accounts receivable at 49.2% of total assets.

Odine Solutions Teknoloji As Competitors by Total Assets

Key competitors of Odine Solutions Teknoloji As based on total assets are shown below.

Company Country Total Assets
Eastcompeace Technology Co Ltd
SHE:002017
China CN¥2.97 Billion
Wiscom System Co Ltd
SHE:002090
China CN¥3.17 Billion
Topsec Technologies Group Inc
SHE:002212
China CN¥10.79 Billion
Focus Technology Co Ltd
SHE:002315
China CN¥4.27 Billion
Beijing Venustech Inc
SHE:002439
China CN¥13.16 Billion
Maxvision Technology Corp
SHE:002990
China CN¥3.74 Billion
OpenSys M Bhd
KLSE:0040
Malaysia RM129.25 Million
Managepay Systems Bhd
KLSE:0156
Malaysia RM86.24 Million

Odine Solutions Teknoloji 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: 0.42 - 0.57

Moderate asset utilization - Odine Solutions Teknoloji As generates 0.57x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 14.45% - 18.59%

Excellent ROA - For every $100 in assets, Odine Solutions Teknoloji As generates $ 18.59 in net profit.

Odine Solutions Teknoloji 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 3.48 1.60 1.60
Quick Ratio 3.39 1.59 1.59
Cash Ratio 0.00 0.00 0.00
Working Capital TL944.86 Million TL 371.63 Million TL 371.63 Million

Odine Solutions Teknoloji As - Advanced Valuation Insights

This section examines the relationship between Odine Solutions Teknoloji 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 18.81
Latest Market Cap to Assets Ratio 0.46
Asset Growth Rate (YoY) 74.1%
Total Assets TL1.35 Billion
Market Capitalization $623.11 Million USD

Valuation Analysis

Below Book Valuation: The market values Odine Solutions Teknoloji As's assets below their book value (0.46 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Odine Solutions Teknoloji As's assets grew by 74.1% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Odine Solutions Teknoloji As (2021–2023)

The table below shows the annual total assets of Odine Solutions Teknoloji As from 2021 to 2023.

Year Total Assets Change
2023-12-31 TL1.35 Billion +74.12%
2022-12-31 TL773.43 Million +100.71%
2021-12-31 TL385.34 Million --