{"id":45,"date":"2026-06-12T18:50:20","date_gmt":"2026-06-12T15:50:20","guid":{"rendered":"https:\/\/tabildot.com.tr\/tv\/?p=45"},"modified":"2026-06-12T19:32:09","modified_gmt":"2026-06-12T16:32:09","slug":"%f0%9f%94%b4-tralt-2026-03-bilanco-analizi-turk-altin-isletmeleri-a-s-turk-altin-isletmelerinin-rekor-ka","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/tv\/arsivler\/45","title":{"rendered":"\ud83d\udd34 TRALT 2026-03 Bilan\u00e7o Analizi | T\u00fcrk Alt\u0131n \u0130\u015fletmeleri A.\u015e. (T\u00fcrk Alt\u0131n \u0130\u015fletmelerinin rekor k\u00e2&#8230;"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"\ud83d\udd34 TRALT 2026-03 Bilan\u00e7o Analizi | T\u00fcrk Alt\u0131n \u0130\u015fletmeleri A.\u015e. (T\u00fcrk Alt\u0131n \u0130\u015fletmelerinin rekor k\u00e2...\" width=\"858\" height=\"644\" src=\"https:\/\/www.youtube.com\/embed\/wtG-pvmEp4Y?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>10 Haziran 2026 tarihi itibar\u0131yla 43,00 TL hisse fiyat\u0131 \u00fczerinden T\u00fcrk Alt\u0131n \u0130\u015fletmeleri A.\u015e. (TRALT) i\u00e7in talep etti\u011finiz finansal oranlar ve analizler a\u015fa\u011f\u0131da sunulmu\u015ftur. T\u00fcm hesaplamalar 31 Mart 2026 tarihli sat\u0131n alma g\u00fcc\u00fc esas\u0131na g\u00f6re haz\u0131rlanan \u00f6zet finansal tablolar baz al\u0131narak yap\u0131lm\u0131\u015ft\u0131r.Piyasa De\u011feri ve Defter De\u011feri Oranlar\u0131 \u2022 Piyasa De\u011feri: \u015eirketin toplam \u00f6denmi\u015f sermayesi 3.202.500.000 adet hisseden olu\u015fmaktad\u0131r. 43,00 TL hisse fiyat\u0131 ile hesaplanan piyasa de\u011feri 137.707.500.000 TL&#8217;dir. \u2022 Defter De\u011feri (Hisse Ba\u015f\u0131na): Toplam \u00f6zkaynaklar (48.672.074.000 TL) toplam hisse adedine b\u00f6l\u00fcnd\u00fc\u011f\u00fcnde, hisse ba\u015f\u0131na defter de\u011feri 15,20 TL olarak hesaplanmaktad\u0131r. \u2022 PD\/DD (Piyasa De\u011feri \/ Defter De\u011feri): 43,00 \/ 15,20 = 2,83. \u015eirket, defter de\u011ferinin yakla\u015f\u0131k 2,83 kat\u0131ndan i\u015flem g\u00f6rmektedir. \u2022 F\/K (Fiyat \/ Kazan\u00e7): 2025 y\u0131l\u0131 net kar\u0131 4.516.278.000 TL ve 2026 ilk \u00e7eyrek kar\u0131 1.608.957.000 TL&#8217;dir. Son 4 \u00e7eyreklik (y\u0131ll\u0131kland\u0131r\u0131lm\u0131\u015f) net kar yakla\u015f\u0131k 5.462.883.000 TL olarak al\u0131nd\u0131\u011f\u0131nda, F\/K oran\u0131 yakla\u015f\u0131k 25,21 seviyesindedir. \u2022 \u015eirketin Net Borcu: \u015eirketin kiralama i\u015flemlerinden do\u011fan toplam finansal borcu sadece 12.641.000 TL&#8217;dir. Buna kar\u015f\u0131l\u0131k 9.046.897.000 TL nakit ve 15.079.215.000 TL k\u0131sa vadeli finansal yat\u0131r\u0131m\u0131 (fon ve hisse senedi) bulunmaktad\u0131r. \u2022 Firma De\u011feri (FD): Piyasa De\u011feri + Net Bor\u00e7 form\u00fcl\u00fcyle hesapland\u0131\u011f\u0131nda (Net bor\u00e7 negatif oldu\u011fu i\u00e7in \u00e7\u0131kar\u0131l\u0131r); 137,7 Milyar &#8211; 24,8 Milyar = 112,9 Milyar TL&#8217;dir. \u2022 Varl\u0131k Finansman Yap\u0131s\u0131: Toplam varl\u0131klar 58.964.211.000 TL&#8217;dir. \u2022 \u00d6zkaynak Karl\u0131l\u0131\u011f\u0131ndaki De\u011fi\u015fim: 2026 ilk \u00e7eyrek itibar\u0131yla \u00e7eyreklik \u00f6zkaynak karl\u0131l\u0131\u011f\u0131 yakla\u015f\u0131k %3,3&#8217;t\u00fcr (1.608.957 \/ 48.672.074). 2025 y\u0131l\u0131n\u0131n tamam\u0131nda bu oran y\u0131ll\u0131k %9,6 seviyesindeydi (4.516.278 \/ 47.063.117). \u0130lk \u00e7eyrekteki y\u00fcksek performans, karl\u0131l\u0131\u011f\u0131n y\u0131ll\u0131k bazda art\u0131\u015f e\u011filiminde oldu\u011funu g\u00f6stermektedir. \u2022 Finansal Bor\u00e7lardaki De\u011fi\u015fim: Toplam kiralama bor\u00e7lar\u0131 20.472.000 TL&#8217;den (31 Aral\u0131k 2025) 12.641.000 TL&#8217;ye d\u00fc\u015ferek yakla\u015f\u0131k %38,2 azalm\u0131\u015ft\u0131r. \u2022 Cari Oran: D\u00f6nen Varl\u0131klar \/ K\u0131sa Vadeli Y\u00fck\u00fcml\u00fcl\u00fckler (28.197.384 \/ 8.629.869) = 3,27. Bu oran, \u015firketin k\u0131sa vadeli bor\u00e7lar\u0131n\u0131 \u00f6deme kapasitesinin m\u00fckemmel seviyede (ideal olan 1,5-2,0 aras\u0131d\u0131r) oldu\u011funu g\u00f6sterir. \u2022 Br\u00fct Kar Marj\u0131: 2025 ilk \u00e7eyrekte %28,5 olan marj, 2026 ilk \u00e7eyrekte %55,5&#8217;e y\u00fckselmi\u015ftir. Bu durum, sat\u0131\u015f maliyetlerinin (3.952.357 bin TL) has\u0131lata oranla \u00e7ok daha az artmas\u0131ndan kaynaklanan muazzam bir operasyonel verimlilik art\u0131\u015f\u0131na i\u015faret eder. \u2022 Net Kar Marj\u0131: %12&#8217;den (2025 Q1) %18,1&#8217;e (2026 Q1) y\u00fckselmi\u015ftir. Firma De\u011feri ve Bor\u00e7luluk Yap\u0131s\u0131Operasyonel ve Finansal De\u011fi\u015fimler (Y\u00fczde Olarak)Kalem2025 Q1 (Bin TL)2026 Q1 (Bin TL)De\u011fi\u015fim (%)Has\u0131lat (Sat\u0131\u015flar)5.522.8278.883.036+%60,8Br\u00fct Kar1.574.5374.930.679+%213,2Esas Faaliyet Kar\u0131526.2013.799.230+%622,0Net D\u00f6nem Kar\u0131662.3521.608.957+%142,9\u00d6zkaynaklar47.063.117*48.672.074+%3,4*31 Aral\u0131k 2025 verisidir.Di\u011fer \u00d6nemli Oranlar ve AnalizGenel De\u011ferlendirme: \u015eirket, sat\u0131\u015flar\u0131n\u0131 %61 art\u0131rmas\u0131na ra\u011fmen br\u00fct kar\u0131n\u0131 ve esas faaliyet kar\u0131n\u0131 \u00e7ok daha y\u00fcksek oranlarda art\u0131rarak y\u00fcksek operasyonel kald\u0131ra\u00e7 sergilemi\u015ftir. Devasa nakit pozisyonu ve bor\u00e7suz yap\u0131s\u0131, \u015firketin A\u011fr\u0131 Mollakara projesi ve GES yat\u0131r\u0131mlar\u0131 gibi devam eden projelerini finanse etme g\u00fcc\u00fcn\u00fc teyit etmektedir.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>10 Haziran 2026 tarihi itibar\u0131yla 43,00 TL hisse fiyat\u0131 \u00fczerinden T\u00fcrk Alt\u0131n \u0130\u015fletmeleri A.\u015e. (TRALT) i\u00e7in talep etti\u011finiz finansal oranlar ve analizler a\u015fa\u011f\u0131da sunulmu\u015ftur. T\u00fcm hesaplamalar 31 Mart 2026 tarihli sat\u0131n alma g\u00fcc\u00fc esas\u0131na g\u00f6re haz\u0131rlanan \u00f6zet finansal tablolar baz&#8230; <\/p>\n","protected":false},"author":2,"featured_media":46,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-45","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-risk"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/tv\/wp-json\/wp\/v2\/posts\/45","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tabildot.com.tr\/tv\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tabildot.com.tr\/tv\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/tv\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/tv\/wp-json\/wp\/v2\/comments?post=45"}],"version-history":[{"count":1,"href":"https:\/\/tabildot.com.tr\/tv\/wp-json\/wp\/v2\/posts\/45\/revisions"}],"predecessor-version":[{"id":47,"href":"https:\/\/tabildot.com.tr\/tv\/wp-json\/wp\/v2\/posts\/45\/revisions\/47"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/tv\/wp-json\/wp\/v2\/media\/46"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/tv\/wp-json\/wp\/v2\/media?parent=45"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/tv\/wp-json\/wp\/v2\/categories?post=45"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/tv\/wp-json\/wp\/v2\/tags?post=45"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}