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Akfen Gayrimenkul Yatirim Ortakligi (IST:AKFGY) Total Assets : ₺23,380 Mil (As of Dec. 2023)


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What is Akfen Gayrimenkul Yatirim Ortakligi Total Assets?

Akfen Gayrimenkul Yatirim Ortakligi's Total Assets for the quarter that ended in Dec. 2023 was ₺23,380 Mil.

Warning Sign:

If a company builds assets at 66.4% a year, faster than its revenue growth rate of 33.2% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Akfen Gayrimenkul Yatirim Ortakligi's average Total Assets Growth Rate was 4.50% per year. During the past 3 years, the average Total Assets Growth Rate was 94.30% per year. During the past 5 years, the average Total Assets Growth Rate was 66.40% per year. During the past 10 years, the average Total Assets Growth Rate was 31.20% per year.

During the past 13 years, Akfen Gayrimenkul Yatirim Ortakligi's highest 3-Year average Total Assets Growth Rate was 97.60%. The lowest was -0.10%. And the median was 19.50%.

Total Assets is connected with ROA %. Akfen Gayrimenkul Yatirim Ortakligi's annualized ROA % for the quarter that ended in Dec. 2023 was -31.44%. Total Assets is also linked to Revenue through Asset Turnover. Akfen Gayrimenkul Yatirim Ortakligi's Asset Turnover for the quarter that ended in Dec. 2023 was 0.02.


Akfen Gayrimenkul Yatirim Ortakligi Total Assets Historical Data

The historical data trend for Akfen Gayrimenkul Yatirim Ortakligi'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.

Akfen Gayrimenkul Yatirim Ortakligi Total Assets Chart

Akfen Gayrimenkul Yatirim Ortakligi Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,662.94 2,903.97 6,863.24 20,511.69 23,380.45

Akfen Gayrimenkul Yatirim Ortakligi Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets 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 20,511.69 12,058.78 16,637.43 18,035.95 23,380.45

Akfen Gayrimenkul Yatirim Ortakligi 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.

Akfen Gayrimenkul Yatirim Ortakligi'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 )
=15782.944+7597.501
=23,380

Akfen Gayrimenkul Yatirim Ortakligi'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 )
=15782.944+7597.501
=23,380

* 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.


Akfen Gayrimenkul Yatirim Ortakligi  (IST:AKFGY) Total Assets Explanation

Total Assets is connected with ROA %.

Akfen Gayrimenkul Yatirim Ortakligi'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 )
=-6510.02/( (18035.947+23380.446)/ 2 )
=-6510.02/20708.1965
=-31.44 %

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.

Akfen Gayrimenkul Yatirim Ortakligi'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 )
=447.974/( (18035.947+23380.446)/ 2 )
=447.974/20708.1965
=0.02

* 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.

Akfen Gayrimenkul Yatirim Ortakligi Total Assets Related Terms

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Akfen Gayrimenkul Yatirim Ortakligi (IST:AKFGY) Business Description

Traded in Other Exchanges
N/A
Address
Levent Loft, Büyükdere Cad. No:201, C Blok Kat 8, Istanbul, TUR
Akfen Gayrimenkul Yatirim Ortakligi is a real estate investment trust. The group's main operations and activities are investing in real estates, real estate projects, and real estate-based capital markets instruments and to create and develop a real estate portfolio. The group is mainly developing hotels with Ibis Hotel and Novotel trademarks and leasing the hotels to Tamaris Turizm A.S. It is organized geographically across three principal operating segments: Turkey, Northern Cyprus, and Russia. Geographically the company receives maximum revenue from Turkey.

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