Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S.
Forte Bilgi Iletisim Teknolojileri ve Savunma Sanayi A.S., together with its subsidiaries, engages in the system integration and software development businesses in Turkey and internationally. It operates through Commercial Activities, Software Activities, Crowdfunding Activities, and Agricultural Activities. The company offers various software, such as factory production management systems, integ… Read more
Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S. (FORTE) - Total Assets
Latest total assets as of June 2024: TL1.10 Billion TRY
Based on the latest financial reports, Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S. (FORTE) holds total assets worth TL1.10 Billion TRY as of June 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S. - Total Assets Trend (2020–2023)
This chart illustrates how Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S. - Asset Composition Analysis
Current Asset Composition (December 2023)
Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S.'s total assets of TL1.10 Billion consist of 77.7% current assets and 22.3% non-current assets.
| Asset Category | Amount (TRY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | TL0.00 | 25.2% |
| Accounts Receivable | TL214.39 Million | 23.2% |
| Inventory | TL179.24 Million | 19.4% |
| Property, Plant & Equipment | TL0.00 | 0.0% |
| Intangible Assets | TL125.23 Million | 13.5% |
| Goodwill | TL0.00 | 0.0% |
Asset Composition Trend (2020–2023)
This chart illustrates how Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S.'s current assets represent 77.7% of total assets in 2023, a decrease from 93.2% in 2020.
- Cash Position: Cash and equivalents constituted 25.2% of total assets in 2023, down from 28.2% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 13.0% of total assets, an increase from 2.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 23.2% of total assets.
Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S. Competitors by Total Assets
Key competitors of Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S. generates 0.72x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S. generates $ 0.91 in net profit.
Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.89 | 3.85 | 3.85 |
| Quick Ratio | 1.44 | 3.46 | 3.46 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | TL350.57 Million | TL 413.45 Million | TL 413.45 Million |
Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S. - Advanced Valuation Insights
This section examines the relationship between Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.32 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 32.4% |
| Total Assets | TL924.62 Million |
| Market Capitalization | $62.60 Million USD |
Valuation Analysis
Below Book Valuation: The market values Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S.'s assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S.'s assets grew by 32.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S. (2020–2023)
The table below shows the annual total assets of Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S. from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | TL924.62 Million | +32.41% |
| 2022-12-31 | TL698.30 Million | +259.48% |
| 2021-12-31 | TL194.25 Million | -0.72% |
| 2020-12-31 | TL195.66 Million | -- |