Luks Kadife Ticaret Ve Ssanayii AS (IST:LUKSK) Current Ratio: 2.13 (As of Mar. 2026) — 25% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:LUKSK Luks Kadife Ticaret Ve Ssanayii AS IST:LUKSK
75 GF Score
Price ₺89.10
GF Value ₺74.60
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Luks Kadife Ticaret Ve Ssanayii AS Current Ratio?

Luks Kadife Ticaret Ve Ssanayii AS IST:LUKSK +1.60% 75 Current Ratio is 2.13 as of Mar. 2026, which is 25% above its 10-year median of 1.71. GuruFocus rates IST:LUKSK with a GF Score™ of 75/100 and a GF Value™ of ₺74.60 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,067 Manufacturing - Apparel & Accessories companies, Luks Kadife Ticaret Ve Ssanayii AS ranks better than 60.92% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Luks Kadife Ticaret Ve Ssanayii AS's current ratio for the quarter that ended in Mar. 2026 was 2.13.

Luks Kadife Ticaret Ve Ssanayii AS has a current ratio of 2.13. It generally indicates good short-term financial strength.

The historical rank and industry rank for Luks Kadife Ticaret Ve Ssanayii AS's Current Ratio or its related term are showing as below:

IST:LUKSK' s Current Ratio Range Over the Past 10 Years
Min: 1.28   Med: 1.71   Max: 2.39
Current: 2.13

During the past 13 years, Luks Kadife Ticaret Ve Ssanayii AS's highest Current Ratio was 2.39. The lowest was 1.28. And the median was 1.71.

IST:LUKSK's Current Ratio is ranked better than
60.92% of 1067 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.8 vs IST:LUKSK: 2.13

Luks Kadife Ticaret Ve Ssanayii AS  (IST:LUKSK) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Luks Kadife Ticaret Ve Ssanayii AS Current Ratio Related Terms


Luks Kadife Ticaret Ve Ssanayii AS Current Ratio Historical Data

* Premium members only.

The historical data trend for Luks Kadife Ticaret Ve Ssanayii AS's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Luks Kadife Ticaret Ve Ssanayii AS Current Ratio Chart

Luks Kadife Ticaret Ve Ssanayii AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.94 1.54 1.34 1.37 2.21

Luks Kadife Ticaret Ve Ssanayii AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.61 1.73 1.77 2.21 2.13

Luks Kadife Ticaret Ve Ssanayii AS Current Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Luks Kadife Ticaret Ve Ssanayii AS's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Luks Kadife Ticaret Ve Ssanayii AS Current Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Luks Kadife Ticaret Ve Ssanayii AS's Current Ratio distribution charts can be found below:

* The bar in red indicates where Luks Kadife Ticaret Ve Ssanayii AS's Current Ratio falls into.


IST:LUKSK
75GF Score
Luks Kadife Ticaret Ve Ssanayii AS IST:LUKSK
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Luks Kadife Ticaret Ve Ssanayii AS Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Luks Kadife Ticaret Ve Ssanayii AS's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=263.514/119.125
=2.21

Luks Kadife Ticaret Ve Ssanayii AS's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=344.28/161.521
=2.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 2.13 mean?
Luks Kadife Ticaret Ve Ssanayii AS (IST:LUKSK) has a Current Ratio of 2.13 as of Mar. 2026. This is 25% above median its historical median of 1.71. Over the past decade, Luks Kadife Ticaret Ve Ssanayii AS's Current Ratio has ranged from 1.28 to 2.39. According to the industry distribution chart, Luks Kadife Ticaret Ve Ssanayii AS ranks #417 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 39.1%.
Is Luks Kadife Ticaret Ve Ssanayii AS's Current Ratio too high?
Luks Kadife Ticaret Ve Ssanayii AS's current Current Ratio of 2.13 is 25% above median its 10-year median of 1.71. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 2.39. The Manufacturing - Apparel & Accessories industry median Current Ratio is 1.80. Luks Kadife Ticaret Ve Ssanayii AS's value of 2.13 is 18.3% above this industry median. Based on the distribution chart, Luks Kadife Ticaret Ve Ssanayii AS ranks #417 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Luks Kadife Ticaret Ve Ssanayii AS has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Luks Kadife Ticaret Ve Ssanayii AS's Current Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Luks Kadife Ticaret Ve Ssanayii AS ranks #417 out of 1067 companies for Current Ratio. This puts Luks Kadife Ticaret Ve Ssanayii AS in the upper half of its industry. The industry median Current Ratio is 1.80. Luks Kadife Ticaret Ve Ssanayii AS's value of 2.13 is 18.3% above this benchmark. Historically, Luks Kadife Ticaret Ve Ssanayii AS's own Current Ratio has ranged from 1.28 to 2.39 over the past decade. While the company's 10-year median is 1.71 vs. the industry median of 1.80, Luks Kadife Ticaret Ve Ssanayii AS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Manufacturing - Apparel & Accessories company?
The median Current Ratio among Manufacturing - Apparel & Accessories companies is 1.80, based on 1,067 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Luks Kadife Ticaret Ve Ssanayii AS's current Current Ratio of 2.13 is 18.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Manufacturing - Apparel & Accessories industry, the median Current Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Luks Kadife Ticaret Ve Ssanayii AS's current Current Ratio is 2.13, which is 25% above median its own 10-year median of 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Luks Kadife Ticaret Ve Ssanayii AS stock overvalued right now?
Based on GuruFocus' analysis, Luks Kadife Ticaret Ve Ssanayii AS (IST:LUKSK) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺74.60, compared to a current price of ₺89.10 — trading 19.4% above its estimated fair value. The current Current Ratio is 2.13, which is 25% above median its 10-year median of 1.71 and 18.3% above the Manufacturing - Apparel & Accessories industry median of 1.80. Luks Kadife Ticaret Ve Ssanayii AS's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Luks Kadife Ticaret Ve Ssanayii AS (IST:LUKSK), the current Current Ratio is 2.13 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Luks Kadife Ticaret Ve Ssanayii AS (IST:LUKSK) Overvalued in 2026?

Based on GuruFocus' analysis, Luks Kadife Ticaret Ve Ssanayii AS stock appears to be overvalued. The current stock price of ₺89.10 is trading 19.4% above its estimated GF Value™ of ₺74.60. GuruFocus considers Luks Kadife Ticaret Ve Ssanayii AS to be Modestly Overvalued.

Key valuation signals for IST:LUKSK:

  • Current Ratio: 2.13 (25% above median its 10-year median of 1.71)
  • GF Value™: ₺74.60 vs. price of ₺89.10 (19.4% above fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 18.3% above the Manufacturing - Apparel & Accessories median (#417 of 1067)

No single metric tells the full story. See the IST:LUKSK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Luks Kadife Ticaret Ve Ssanayii AS Business Description

Address Merter Is Merkezi Maltepe Mh. General, Ali Riza Gurcan Cd, Eski Cirpici Sk. No 2, Kat 9 Merter, Istanbul, TUR
Luks Kadife Ticaret Ve Ssanayii AS is engaged in the manufacturing and distribution of various kinds of Velvet fabrics for Garment, Upholstery, Curtain and Decoration. It exports its 40 percent of the capacity to U.S.A., Germany, France and Italy among others.
75GF Score

Get the complete analysis for IST:LUKSK

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺89.10
Price
₺74.60
GF Value