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Erciyas Celik Borunayi (IST:ERCB) Total Assets : ₺11,439 Mil (As of Jun. 2024)


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What is Erciyas Celik Borunayi Total Assets?

Erciyas Celik Borunayi's Total Assets for the quarter that ended in Jun. 2024 was ₺11,439 Mil.

During the past 12 months, Erciyas Celik Borunayi's average Total Assets Growth Rate was 43.10% per year. During the past 3 years, the average Total Assets Growth Rate was 76.60% per year.

During the past 4 years, Erciyas Celik Borunayi's highest 3-Year average Total Assets Growth Rate was 76.60%. The lowest was 76.60%. And the median was 76.60%.

Total Assets is connected with ROA %. Erciyas Celik Borunayi's annualized ROA % for the quarter that ended in Jun. 2024 was 0.61%. Total Assets is also linked to Revenue through Asset Turnover. Erciyas Celik Borunayi's Asset Turnover for the quarter that ended in Jun. 2024 was 0.17.

Erciyas Celik Borunayi Total Assets Historical Data

The historical data trend for Erciyas Celik Borunayi'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.

Erciyas Celik Borunayi Total Assets Chart

Erciyas Celik Borunayi Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
1,805.76 3,179.72 5,147.21 9,769.18

Erciyas Celik Borunayi Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 8,203.06 8,723.36 9,769.18 11,151.41 11,438.62

Erciyas Celik Borunayi 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.

Erciyas Celik Borunayi'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 )
=2986.542+6782.638
=9,769

Erciyas Celik Borunayi's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=3327.11+8111.508
=11,439

* 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.

Erciyas Celik Borunayi  (IST:ERCB) Total Assets Explanation

Total Assets is connected with ROA %.

Erciyas Celik Borunayi's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=68.664/( (11151.412+11438.618)/ 2 )
=68.664/11295.015
=0.61 %

Note: The Net Income data used here is four times the quarterly (Jun. 2024) 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.

Erciyas Celik Borunayi's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=1908.544/( (11151.412+11438.618)/ 2 )
=1908.544/11295.015
=0.17

* 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.

Erciyas Celik Borunayi Total Assets Related Terms

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Erciyas Celik Borunayi Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Erciyas Celik Boru Sanayi (IST:ERCB) » Definitions » Total Assets
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Address
Palladium Tower Barbaros M. Halk Cd. Kardelen, Sk. No:2/1 Kat:25-26 34746 Atasehir, Istanbul, TUR
Website
https://erciyas.com/erciyas-celik-boru
Erciyas Celik Boru Sanayi is engaged in manufacturing all kinds of iron and steel products, longitudinally welded and spirally welded pipes, all kinds of pipe internal/external bitumen, epoxy concrete, PE coating, paint, and insulation.

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