GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Grainturk Tarim (IST:GRTRK) » Definitions » Total Assets

Grainturk Tarim (IST:GRTRK) Total Assets : ₺3,288 Mil (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Grainturk Tarim Total Assets?

Grainturk Tarim's Total Assets for the quarter that ended in Dec. 2023 was ₺3,288 Mil.

During the past 12 months, Grainturk Tarim's average Total Assets Growth Rate was 22.60% per year. During the past 3 years, the average Total Assets Growth Rate was 176.70% per year.

During the past 4 years, Grainturk Tarim's highest 3-Year average Total Assets Growth Rate was 176.70%. The lowest was 176.70%. And the median was 176.70%.

Total Assets is connected with ROA %. Grainturk Tarim's annualized ROA % for the quarter that ended in Dec. 2023 was 30.12%. Total Assets is also linked to Revenue through Asset Turnover. Grainturk Tarim's Asset Turnover for the quarter that ended in Dec. 2023 was 0.46.

Grainturk Tarim Total Assets Historical Data

The historical data trend for Grainturk Tarim's Total Assets 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.

* Premium members only.

Grainturk Tarim Total Assets Chart

Grainturk Tarim Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
155.00 754.51 2,645.95 3,288.39

Grainturk Tarim Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,645.95 1,212.52 1,545.50 2,151.66 3,288.39

Grainturk Tarim Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Grainturk Tarim's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=2888.379+400.007
=3,288

Grainturk Tarim's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=2888.379+400.007
=3,288

* 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.

Grainturk Tarim  (IST:GRTRK) Total Assets Explanation

Total Assets is connected with ROA %.

Grainturk Tarim's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=819.156/( (2151.663+3288.386)/ 2 )
=819.156/2720.0245
=30.12 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Grainturk Tarim's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=1240.068/( (2151.663+3288.386)/ 2 )
=1240.068/2720.0245
=0.46

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Grainturk Tarim Total Assets Related Terms

Thank you for viewing the detailed overview of Grainturk Tarim's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Grainturk Tarim (IST:GRTRK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Grainturk Tarim (IST:GRTRK) » Definitions » Total Assets
Comparable Companies
Traded in Other Exchanges
N/A
Address
Levent Caddesi Krizantem Sokak No: 15, Levent, Istanbul, TUR, 34330
Website
https://www.grainturk.com
Grainturk Tarim is mainly engaged in the purchase and sale of agricultural products, mainly wheat, corn, barley, sunflower seeds, soybean, and cotton. through its subsidiaries firm also provides services for the storage of the said products within the scope of licensed warehousing.

Grainturk Tarim (IST:GRTRK) Headlines

No Headlines