MNGA (MNG Havayollari ve Tasimacilik AS) Total Assets: $363.93 Mil (As of Dec. 2022)

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What is MNG Havayollari ve Tasimacilik AS Total Assets?

MNG Havayollari ve Tasimacilik AS MNGA Total Assets is $363.93 Mil as of Dec. 2022.

MNG Havayollari ve Tasimacilik AS's Total Assets for the quarter that ended in Dec. 2022 was $363.93 Mil.

Total Assets is connected with ROA %. MNG Havayollari ve Tasimacilik AS's annualized ROA % for the quarter that ended in Dec. 2022 was 22.11%. Total Assets is also linked to Revenue through Asset Turnover. MNG Havayollari ve Tasimacilik AS's Asset Turnover for the quarter that ended in Dec. 2022 was 0.29.


MNG Havayollari ve Tasimacilik AS  (NYSE:MNGA) Total Assets Explanation

Total Assets is connected with ROA %.

MNG Havayollari ve Tasimacilik AS's annualized ROA % for the quarter that ended in Dec. 2022 is

ROA %=Net Income (Q: Dec. 2022 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Dec. 2022 ))/ count )
=79.66/( (356.639+363.927)/ 2 )
=79.66/360.283
=22.11 %

Note: The Net Income data used here is four times the quarterly (Dec. 2022) 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.

MNG Havayollari ve Tasimacilik AS's Asset Turnover for the quarter that ended in Dec. 2022 is

Asset Turnover
=Revenue (Q: Dec. 2022 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Dec. 2022 ))/ count )
=105.729/( (356.639+363.927)/ 2 )
=105.729/360.283
=0.29

* 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.

MNG Havayollari ve Tasimacilik AS Total Assets Related Terms


MNG Havayollari ve Tasimacilik AS Total Assets Historical Data

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The historical data trend for MNG Havayollari ve Tasimacilik 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.

MNG Havayollari ve Tasimacilik AS Total Assets Chart

MNG Havayollari ve Tasimacilik AS Annual Data
Trend Dec20 Dec21 Dec22
Total Assets
269.06 349.78 363.93

MNG Havayollari ve Tasimacilik AS Quarterly Data
Dec20 Dec21 Sep22 Dec22
Total Assets 269.06 349.78 356.64 363.93

MNG Havayollari ve Tasimacilik 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.

MNG Havayollari ve Tasimacilik AS's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (A: Dec. 2022 )+Total Liabilities (A: Dec. 2022 )
=209.231+154.696
=363.93

MNG Havayollari ve Tasimacilik AS's Total Assets for the quarter that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (Q: Dec. 2022 )+Total Liabilities (Q: Dec. 2022 )
=209.231+154.696
=363.93

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $363.93 Mil mean?
MNG Havayollari ve Tasimacilik AS (MNGA) has a Total Assets of $363.93 Mil as of Dec. 2022. The total amount of assets as recorded on a company's balance sheet. View historical data on MNG Havayollari ve Tasimacilik AS and its competitors.
Is MNG Havayollari ve Tasimacilik AS's Total Assets too high?
MNG Havayollari ve Tasimacilik AS's current Total Assets is $363.93 Mil.
How does MNG Havayollari ve Tasimacilik AS's Total Assets compare to ?
MNG Havayollari ve Tasimacilik AS's Total Assets of $363.93 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Transportation company?
A good Total Assets depends on the Transportation industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on MNG Havayollari ve Tasimacilik AS and its competitors. MNG Havayollari ve Tasimacilik AS's current Total Assets is $363.93 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MNG Havayollari ve Tasimacilik AS stock overvalued right now?
MNG Havayollari ve Tasimacilik AS (MNGA) has a current Total Assets of $363.93 Mil. The current Total Assets is $363.93 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For MNG Havayollari ve Tasimacilik AS (MNGA), the current Total Assets is $363.93 Mil as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

MNG Havayollari ve Tasimacilik AS Business Description

Comparable Companies
Address WOW Convention Center ?DTM, Yesilkoy/Bakirkoy, Istanbul, TUR, 34149
MNG Havayollari ve Tasimacilik AS is an independent logistics provider mainly in the EMEA region and a global e-commerce enabler. Its service offerings include scheduled and block space, charter, ACMI, special cargo, warehouse, handling and technical services. MNG's diversified business model provides MNG with a competitive advantage in the air cargo market, as it gives MNG the opportunity to provide customized services to its customers in accordance with needs and expectations. The company recognizes revenue for its global multimodal operations based on the origin of transported cargo carried on each flight.