Garanti Faktoring AS (GARFA) — Tangible Net Worth Ratio
Garanti Faktoring AS (GARFA) has a Tangible Net Worth Ratio of 97.1% as of June 2025. This metric is calculated by deducting intangible assets (TL121.47 Million) from net assets (TL4.13 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore GARFA year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Garanti Faktoring AS Tangible Net Worth Ratio (2000–2024)
This chart shows how Garanti Faktoring AS's Tangible Net Worth Ratio has changed across 25 annual periods from 2000 to 2024. As of June 2025, the ratio stands at 97.1%, reflecting net assets of TL4.13 Billion with intangible assets of TL121.47 Million TRY. Check Garanti Faktoring AS strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Annual Tangible Net Worth Ratio for Garanti Faktoring AS (2000–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Garanti Faktoring AS from 2000 to 2024, covering 25 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see market cap of Garanti Faktoring AS.
| Year | Tangible NW Ratio | Net Assets (TRY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 97.5% | TL3.17 Billion | TL80.53 Million | TL13.30 Billion | ▼ -0.9 pp |
| 2023 | 98.3% | TL1.73 Billion | TL29.13 Million | TL11.82 Billion | ▼ -0.1 pp |
| 2022 | 98.4% | TL692.07 Million | TL10.98 Million | TL9.67 Billion | ▲ +1.6 pp |
| 2021 | 96.8% | TL345.11 Million | TL11.06 Million | TL4.36 Billion | ▲ +2.1 pp |
| 2020 | 94.7% | TL213.59 Million | TL11.24 Million | TL2.91 Billion | ▲ +0.5 pp |
| 2019 | 94.3% | TL163.98 Million | TL9.42 Million | TL2.20 Billion | ▼ -0.8 pp |
| 2018 | 95.1% | TL155.54 Million | TL7.64 Million | TL2.43 Billion | ▼ -2.3 pp |
| 2017 | 97.4% | TL212.99 Million | TL5.49 Million | TL3.45 Billion | ▲ +0.2 pp |
| 2016 | 97.2% | TL185.45 Million | TL5.22 Million | TL2.90 Billion | ▼ -0.6 pp |
| 2015 | 97.7% | TL165.76 Million | TL3.75 Million | TL2.97 Billion | ▲ +0.1 pp |
| 2014 | 97.6% | TL140.38 Million | TL3.35 Million | TL2.99 Billion | ▼ -0.4 pp |
| 2013 | 98.0% | TL120.07 Million | TL2.41 Million | TL2.06 Billion | ▼ -0.5 pp |
| 2012 | 98.5% | TL105.01 Million | TL1.54 Million | TL1.96 Billion | ▲ +0.2 pp |
| 2011 | 98.3% | TL84.52 Million | TL1.41 Million | TL1.28 Billion | ▲ +1.2 pp |
| 2010 | 97.1% | TL50.02 Million | TL1.44 Million | TL1.57 Billion | ▼ 0.0 pp |
| 2009 | 97.1% | TL51.77 Million | TL1.48 Million | TL1.14 Billion | ▼ -0.5 pp |
| 2008 | 97.7% | TL41.61 Million | TL977.00K | TL749.25 Million | ▼ -0.6 pp |
| 2007 | 98.3% | TL34.53 Million | TL600.00K | TL758.41 Million | ▲ +0.2 pp |
| 2006 | 98.0% | TL28.81 Million | TL566.00K | TL673.24 Million | ▼ 0.0 pp |
| 2005 | 98.1% | TL24.22 Million | TL471.00K | TL356.89 Million | ▼ -1.7 pp |
| 2004 | 99.7% | TL20.57 Trillion | TL59.98 Billion | TL110.04 Trillion | ▲ +0.1 pp |
| 2003 | 99.6% | TL17.63 Trillion | TL62.40 Billion | TL99.08 Trillion | ▲ +0.1 pp |
| 2002 | 99.5% | TL15.43 Trillion | TL69.86 Billion | TL94.47 Trillion | ▼ -0.2 pp |
| 2001 | 99.8% | TL10.98 Trillion | TL24.15 Billion | TL47.11 Trillion | ▼ 0.0 pp |
| 2000 | 99.8% | TL14.71 Trillion | TL31.24 Billion | TL97.03 Trillion | — |