Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) Total Assets : ₺1,399 Mil (As of Dec. 2024)

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What is Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Total Assets?

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Total Assets for the quarter that ended in Dec. 2024 was ₺1,399 Mil.

During the past 12 months, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's average Total Assets Growth Rate was 38.20% per year. During the past 3 years, the average Total Assets Growth Rate was 98.00% per year.

During the past 5 years, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's highest 3-Year average Total Assets Growth Rate was 98.00%. The lowest was 88.10%. And the median was 93.05%.

Total Assets is connected with ROA %. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's annualized ROA % for the quarter that ended in Dec. 2024 was 13.90%. Total Assets is also linked to Revenue through Asset Turnover. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Asset Turnover for the quarter that ended in Dec. 2024 was 0.78.

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Total Assets Historical Data

The historical data trend for Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS'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.

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Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Total Assets Chart

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

195.67

194.26

698.30

1,334.95

1,399.42

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial								1,334.95	1,108.48	1,102.49	1,021.03	1,399.42

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS 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.

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	771.547	+	627.869
	=	1,399

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	771.547	+	627.869
	=	1,399

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) Total Assets Explanation

Total Assets is connected with ROA %.

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	168.192	/	( (1021.03	+	1399.416)	/ 2 )
	=	168.192	/	1210.223
	=	13.90 %

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

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	946.085	/	( (1021.03	+	1399.416)	/ 2 )
=	946.085	/	1210.223
=	0.78

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.

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Total Assets Related Terms

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Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Forte Bilgi Iletisim Teknolojileri Ve Savunma Sanayi AS (IST:FORTE) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mustafa Kemal Neighbourhood 2123. Street, Cepa Site Shopping Center No:2/501 Cankaya, Ankara, TUR

Website

https://www.forte.com.tr

Forte Bilgi Iletisim Teknolojileri Ve Savunma Sanayi AS operates in the fields of system integration and software development. It offers system infrastructure, system integration, software development, consultancy, and Technical Documentation Authoring, Material Coding, and Technical Services.

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