GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tekfen Holding AS (OTCPK:TKFHY) » Definitions » Equity-to-Asset

Tekfen Holding AS (Tekfen Holding AS) Equity-to-Asset : 0.41 (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Tekfen Holding AS Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tekfen Holding AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $746 Mil. Tekfen Holding AS's Total Assets for the quarter that ended in Dec. 2023 was $1,814 Mil. Therefore, Tekfen Holding AS's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.41.

The historical rank and industry rank for Tekfen Holding AS's Equity-to-Asset or its related term are showing as below:

TKFHY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32   Med: 0.38   Max: 0.43
Current: 0.41

During the past 13 years, the highest Equity to Asset Ratio of Tekfen Holding AS was 0.43. The lowest was 0.32. And the median was 0.38.

TKFHY's Equity-to-Asset is ranked worse than
55.67% of 1683 companies
in the Construction industry
Industry Median: 0.45 vs TKFHY: 0.41

Tekfen Holding AS Equity-to-Asset Historical Data

The historical data trend for Tekfen Holding AS's Equity-to-Asset 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.

Tekfen Holding AS Equity-to-Asset Chart

Tekfen Holding AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.41 0.35 0.41 0.41

Tekfen Holding AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset 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 0.41 0.32 0.31 0.31 0.41

Competitive Comparison of Tekfen Holding AS's Equity-to-Asset

For the Engineering & Construction subindustry, Tekfen Holding AS's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Tekfen Holding AS's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tekfen Holding AS's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Tekfen Holding AS's Equity-to-Asset falls into.



Tekfen Holding AS Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Tekfen Holding AS's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=746.02/1814.003
=0.41

Tekfen Holding AS's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=746.02/1814.003
=0.41

* 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.


Tekfen Holding AS  (OTCPK:TKFHY) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Tekfen Holding AS Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Tekfen Holding AS's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Tekfen Holding AS (Tekfen Holding AS) Business Description

Traded in Other Exchanges
Address
Kultur Mahallesi, Tekfen Sitesi, Budak Sokak, A Blok, No. 7, Ulus-Besiktas, Istanbul, TUR, 34340
Tekfen Holding AS is a conglomerate that operates in below business lines: Engineering and Contracting; Chemical Industry; Agricultural Production; Service and Investment. It generates maximum revenue from the Chemical Industry segment. The Chemical Industry segment is mainly focused on fertilizer production, continues its activities in the fields of mineral fertilizers as well as special water soluble fertilizers and organic/organomineral fertilizers. It also manufactures bags used in fertilizer packaging in its own facility. Additionally, it generates biogas through the fermentation of organic wastes and electricity from biogas and also produces solid and liquid organic fertilizers from wastes that have completed the gasification process.

Tekfen Holding AS (Tekfen Holding AS) Headlines