If a company builds assets at 70.4% a year, faster than its revenue growth rate of 59% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Turkiye Sise ve Cam Fabrikalari AS's average Total Assets Growth Rate was 98.50% per year.
During the past 3 years, the average Total Assets Growth Rate was 96.00% per year.
During the past 5 years, the average Total Assets Growth Rate was 70.40% per year.
During the past 10 years, the average Total Assets Growth Rate was 39.40% per year.
During the past 13 years, Turkiye Sise ve Cam Fabrikalari AS's highest 3-Year average Total Assets Growth Rate was 100.40%. The lowest was 3.40%. And the median was 18.30%.
* 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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Turkiye Sise ve Cam Fabrikalari AS Total Assets Chart
Turkiye Sise ve Cam Fabrikalari 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.
* 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.
Turkiye Sise ve Cam Fabrikalari AS (OTCPK:TKKYY) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Mar. 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.
Turkiye Sise ve Cam Fabrikalari AS's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Turkiye Sise ve Cam Fabrikalari AS Total Assets Related Terms
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Turkiye Sise ve Cam Fabrikalari AS (Turkiye Sise ve Cam Fabrikalari AS) Business Description
Turkiye Sise ve Cam Fabrikalari AS is a holding company that, through its subsidiaries, manufactures and sells glass products, chemicals, and glass packaging. The firm's five segments are based on product type. The flat glass segment, which generates more revenue than any other segment, sells glass panes used in windows and automobile windshields. The glassware segment sells glass beverage bottles and crystal products. The other three segments are glass packaging, chemicals, and other, which consists primarily of services including insurance and the export and import of goods. The majority of revenue comes from Turkey.
Turkiye Sise ve Cam Fabrikalari AS (Turkiye Sise ve Cam Fabrikalari AS) Headlines
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