Soke Degirmencilik AS Total Assets
Soke Degirmencilik AS total assets. Based on the latest financial reports, Soke Degirmencilik AS (SOKE) holds total assets worth TL4.42 Billion TRY (≈ $99.11 Million USD) 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. Also see Soke Degirmencilik AS (SOKE) total market value for the company's overall valuation and market capitalisation.
Total Assets of Soke Degirmencilik AS (2020–2023)
Total assets of Soke Degirmencilik AS from 2020 to 2023. This chart illustrates how Soke Degirmencilik AS's total assets have evolved over time, based on quarterly financial data. See SOKE stock price and chart for real-time trading data and today's change.
Soke Degirmencilik AS - Asset Composition Analysis
Soke Degirmencilik AS Total Assets Breakdown (December 2023)
Soke Degirmencilik AS total assets breakdown as of December 2023. Soke Degirmencilik AS's total assets of TL4.42 Billion consist of 42.2% current assets and 57.8% non-current assets.
| Asset Category | Amount (TRY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | TL0.00 | 13.5% |
| Accounts Receivable | TL504.67 Million | 15.6% |
| Inventory | TL290.49 Million | 9.0% |
| Property, Plant & Equipment | TL0.00 | 0.0% |
| Intangible Assets | TL2.36 Million | 0.1% |
| Goodwill | TL310.47 Million | 9.6% |
Asset Composition Trend (2020–2023)
This chart illustrates how Soke Degirmencilik 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. Explore Soke Degirmencilik AS working capital to net assets to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Soke Degirmencilik AS's current assets represent 42.2% of total assets in 2023, a decrease from 66.3% in 2020.
- Cash Position: Cash and equivalents constituted 13.5% of total assets in 2023, down from 17.2% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 9.0% of total assets, a decrease from 16.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 15.6% of total assets.
Soke Degirmencilik AS Competitors by Total Assets
Key competitors of Soke Degirmencilik AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
The a2 Milk Company Ltd
AU:A2M
|
Australia | AU$1.96 Billion |
|
Lotus Health Group Co
SHG:600186
|
China | CN¥3.86 Billion |
|
Cisarua Mountain Dairy Tbk PT
JK:CMRY
|
Indonesia | Rp9.48 Trillion |
|
Xiamen Kingdomway Group Co
SHE:002626
|
China | CN¥8.38 Billion |
|
Aryzta AG
SW:ARYN
|
Switzerland | CHF1.89 Billion |
|
Jiangsu Hengshun Vinegar-Industry Co Ltd
SHG:600305
|
China | CN¥4.24 Billion |
|
Yan Tai Shuang Ta Food Co Ltd
SHE:002481
|
China | CN¥4.48 Billion |
|
SDIC Zhonglu Fruit Juice Co Ltd
SHG:600962
|
China | CN¥2.23 Billion |
Soke Degirmencilik 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 | 1.92 | 2.32 | 2.32 |
| Quick Ratio | 1.68 | 1.74 | 1.74 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | TL844.87 Million | TL684.96 Million | TL684.96 Million |
Soke Degirmencilik AS - Advanced Valuation Insights
This section examines the relationship between Soke Degirmencilik 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 | 1.06 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 29.1% |
| Total Assets | TL3.24 Billion |
| Market Capitalization | $63.63 Million USD |
Valuation Analysis
Below Book Valuation: The market values Soke Degirmencilik AS's assets below their book value (0.02x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Soke Degirmencilik AS's assets grew by 29.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Soke Degirmencilik AS (2020–2023)
The table below shows the annual total assets of Soke Degirmencilik AS from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | TL3.24 Billion ≈ $72.63 Million |
+29.06% |
| 2022-12-31 | TL2.51 Billion ≈ $56.28 Million |
+508.73% |
| 2021-12-31 | TL412.76 Million ≈ $9.24 Million |
+57.36% |
| 2020-12-31 | TL262.30 Million ≈ $5.87 Million |
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About Soke Degirmencilik AS
Söke Degirmencilik Sanayi ve Ticaret A.S. produces and sells flour and flour mixtures in Turkey. It offers flours, gluten free flours, bread flour mixes, professional flours, and professional bread mixes. The company was incorporated in 1961 and is headquartered in Aydin, Turkey. Söke Degirmencilik Sanayi ve Ticaret A.S. is a subsidiary of Ulusoy Un Sanayi ve Ticaret A.S.