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ICBC Turkey Bank AS (IST:ICBCT) Total Assets : ₺98,272 Mil (As of Sep. 2024)


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What is ICBC Turkey Bank AS Total Assets?

ICBC Turkey Bank AS's Total Assets for the quarter that ended in Sep. 2024 was ₺98,272 Mil.

During the past 12 months, ICBC Turkey Bank AS's average Total Assets Growth Rate was 5.50% per year. During the past 3 years, the average Total Assets Growth Rate was 57.10% per year. During the past 5 years, the average Total Assets Growth Rate was 47.70% per year. During the past 10 years, the average Total Assets Growth Rate was 36.60% per year.

During the past 13 years, ICBC Turkey Bank AS's highest 3-Year average Total Assets Growth Rate was 57.10%. The lowest was -9.40%. And the median was 24.40%.

Total Assets is connected with ROA %. ICBC Turkey Bank AS's annualized ROA % for the quarter that ended in Sep. 2024 was -0.91%. Total Assets is also linked to Revenue through Asset Turnover. ICBC Turkey Bank AS's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.


ICBC Turkey Bank AS Total Assets Historical Data

The historical data trend for ICBC Turkey Bank 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.

* Premium members only.

ICBC Turkey Bank AS Total Assets Chart

ICBC Turkey Bank AS 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 18,391.48 25,181.18 39,372.89 61,964.52 100,590.08

ICBC Turkey Bank AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 97,027.21 100,590.08 101,421.68 100,877.97 98,271.83

ICBC Turkey Bank 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.

ICBC Turkey Bank AS'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 )
=5172.007+95418.073
=100,590

ICBC Turkey Bank AS's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=4993.316+93278.514
=98,272

* 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.


ICBC Turkey Bank AS  (IST:ICBCT) Total Assets Explanation

Total Assets is connected with ROA %.

ICBC Turkey Bank AS's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-906.284/( (100877.968+98271.83)/ 2 )
=-906.284/99574.899
=-0.91 %

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

ICBC Turkey Bank AS's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=41.427/( (100877.968+98271.83)/ 2 )
=41.427/99574.899
=0.00

* 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.

ICBC Turkey Bank AS Total Assets Related Terms

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ICBC Turkey Bank AS Business Description

Traded in Other Exchanges
N/A
Address
Maslak Mah. Dereboyu/2 Caddesi No: 13, Sar?yer, Istanbul, TUR, 34398
ICBC Turkey Bank AS is a bank engaged in corporate and retail banking activities. The operations of the company consist of corporate, commercial, and retail banking services, international transactions, and securities trading in capital markets, which are conducted mainly with local customers. The company has three segments, namely Retail Banking, which includes loans, deposits, and other transactions and balances with retail customers; Corporate Banking includes loans, deposits, and other transactions and balances with corporate and SME customers; and Treasury, Investment Banking, and others include funds management and treasury activities. It derives key revenue from the Corporate banking segment.

ICBC Turkey Bank AS Headlines

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