Merit Turizm Yatirim ve Isletme AS

IS:MERIT Turkey Resorts & Casinos
Market Cap
$157.09 Million
TL5.57 Billion TRY
Market Cap Rank
#21472 Global
#254 in Turkey
Share Price
TL16.55
Change (1 day)
-0.90%
52-Week Range
TL11.41 - TL24.60
All Time High
TL311.20
About

Merit Turizm Yatirim ve Isletme Anonim Sirketi, together with its subsidiaries, engages in the hotel management business in Turkey. The company was founded in 1988 and is based in Istanbul, Turkey. Merit Turizm Yatirim ve Isletme Anonim Sirketi operates as a subsidiary of Net Holding A.S. Merit Turizm Yatirim ve Isletme Anonim Sirketi opearates as a subsidiary of Net Holding A.S.

Merit Turizm Yatirim ve Isletme AS (MERIT) - Total Liabilities

Latest total liabilities as of September 2025: TL40.94 Million TRY

Based on the latest financial reports, Merit Turizm Yatirim ve Isletme AS (MERIT) has total liabilities worth TL40.94 Million TRY as of September 2025.

Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.

Merit Turizm Yatirim ve Isletme AS - Total Liabilities Trend (2011–2024)

This chart illustrates how Merit Turizm Yatirim ve Isletme AS's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.

Merit Turizm Yatirim ve Isletme AS Competitors by Total Liabilities

The table below lists competitors of Merit Turizm Yatirim ve Isletme AS ranked by their total liabilities.

Company Country Total Liabilities
Citizens Holding Company
NASDAQ:CIZN
USA $1.45 Billion
Cayson Acquisition Corp
NASDAQ:CAPNU
USA $2.80 Million
Frontier Digital Ventures Ltd
AU:FDV
Australia AU$22.12 Million
Deoleo S.A
PINK:SOSCF
USA $424.52 Million
Tung Ho Textile Co Ltd
TW:1414
Taiwan NT$1.04 Billion
GDB Holdings Bhd
KLSE:0198
Malaysia RM212.23 Million

Liability Composition Analysis (2011–2024)

This chart breaks down Merit Turizm Yatirim ve Isletme AS's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric Value Description
Current Ratio 2.28 Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities)
Quick Ratio N/A More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities)
Cash Ratio N/A Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity 0.00 Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets 0.00 Portion of assets financed with debt (Total Liabilities ÷ Total Assets)

Liability Trends Comparison

This chart compares key liability metrics across different time periods, showing how Merit Turizm Yatirim ve Isletme AS's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Merit Turizm Yatirim ve Isletme AS (2011–2024)

The table below shows the annual total liabilities of Merit Turizm Yatirim ve Isletme AS from 2011 to 2024.

Year Total Liabilities Change
2024-12-31 TL22.59 Million -93.23%
2023-12-31 TL333.61 Million +331.78%
2022-12-31 TL77.26 Million +91.07%
2021-12-31 TL40.44 Million +1110.97%
2020-12-31 TL3.34 Million -30.73%
2019-12-31 TL4.82 Million -28.82%
2018-12-31 TL6.77 Million +207.54%
2017-12-31 TL2.20 Million +89.17%
2016-12-31 TL1.16 Million +20.17%
2015-12-31 TL968.73K +1.65%
2014-12-31 TL953.00K -12.33%
2013-12-31 TL1.09 Million +218.77%
2012-12-31 TL341.00K +15.99%
2011-12-31 TL294.00K --