Akfen Yenilenebilir Enerji (IST:AKFYE) Total Assets : ₺34,580 Mil (As of Dec. 2023)

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What is Akfen Yenilenebilir Enerji Total Assets?

Akfen Yenilenebilir Enerji's Total Assets for the quarter that ended in Dec. 2023 was ₺34,580 Mil.

During the past 12 months, Akfen Yenilenebilir Enerji's average Total Assets Growth Rate was 3.40% per year. During the past 3 years, the average Total Assets Growth Rate was 63.40% per year.

During the past 5 years, Akfen Yenilenebilir Enerji's highest 3-Year average Total Assets Growth Rate was 108.60%. The lowest was 63.40%. And the median was 86.00%.

Total Assets is connected with ROA %. Akfen Yenilenebilir Enerji's annualized ROA % for the quarter that ended in Dec. 2023 was 51.00%. Total Assets is also linked to Revenue through Asset Turnover. Akfen Yenilenebilir Enerji's Asset Turnover for the quarter that ended in Dec. 2023 was 0.07.

Akfen Yenilenebilir Enerji Total Assets Historical Data

The historical data trend for Akfen Yenilenebilir Enerji'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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Akfen Yenilenebilir Enerji Total Assets Chart

Akfen Yenilenebilir Enerji Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

3,963.64

8,430.10

14,567.98

33,705.91

34,579.92

Akfen Yenilenebilir Enerji Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial							33,705.91	17,668.52	17,532.06	18,396.21	34,579.92

Akfen Yenilenebilir Enerji 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.

Akfen Yenilenebilir Enerji'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 )
	=	20432.47	+	14147.445
	=	34,580

Akfen Yenilenebilir Enerji's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	20432.47	+	14147.445
	=	34,580

Akfen Yenilenebilir Enerji (IST:AKFYE) Total Assets Explanation

Total Assets is connected with ROA %.

Akfen Yenilenebilir Enerji's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	13507.608	/	( (18396.205	+	34579.915)	/ 2 )
	=	13507.608	/	26488.06
	=	51.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

Akfen Yenilenebilir Enerji's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	1907.188	/	( (18396.205	+	34579.915)	/ 2 )
=	1907.188	/	26488.06
=	0.07

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.

Akfen Yenilenebilir Enerji Total Assets Related Terms

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Akfen Yenilenebilir Enerji (IST:AKFYE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Akfen Yenilenebilir Enerji (IST:AKFYE) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Turan Gunes Bulvar? Galip Erdem Caddesi, No:3, Ilkbahar Mahallesi, Cankaya, Ankara, TUR

Website

https://www.akfenren.com.tr

Akfen Yenilenebilir Enerji operates as a renewable energy company. The company generates and trades electricity through renewable energy power plants such as hydroelectric power plant facilities, Solar Power Plants, and Wind Power Plants.

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