Hitit Bilgisayar Hizmetleri AS
Hitit Bilgisayar Hizmetleri A.S. provides airline and travel IT and software solutions under the Crane brand in Turkey and internationally. The company offers passenger service system (PSS), a suite of solutions comprising reservation and passenger services, internet booking engine, mobile application, allotment manager, departure control system, weight and balance, baggage reconciliation itinera… Read more
Hitit Bilgisayar Hizmetleri AS (HTTBT) - Total Assets
Latest total assets as of September 2025: TL3.43 Billion TRY
Based on the latest financial reports, Hitit Bilgisayar Hizmetleri AS (HTTBT) holds total assets worth TL3.43 Billion TRY as of September 2025.
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.
Hitit Bilgisayar Hizmetleri AS - Total Assets Trend (2019–2024)
This chart illustrates how Hitit Bilgisayar Hizmetleri AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hitit Bilgisayar Hizmetleri AS - Asset Composition Analysis
Current Asset Composition (December 2024)
Hitit Bilgisayar Hizmetleri AS's total assets of TL3.43 Billion consist of 34.6% current assets and 65.4% non-current assets.
| Asset Category | Amount (TRY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | TL0.00 | 11.5% |
| Accounts Receivable | TL323.89 Million | 12.4% |
| Inventory | TL0.00 | 0.0% |
| Property, Plant & Equipment | TL0.00 | 0.0% |
| Intangible Assets | TL1.43 Billion | 54.7% |
| Goodwill | TL0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Hitit Bilgisayar Hizmetleri AS'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: Hitit Bilgisayar Hizmetleri AS's current assets represent 34.6% of total assets in 2024, a decrease from 41.3% in 2019.
- Cash Position: Cash and equivalents constituted 11.5% of total assets in 2024, down from 23.0% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 54.0% of total assets, an increase from 51.0% in 2019.
- Asset Diversification: The largest asset category is intangible assets at 54.7% of total assets.
Hitit Bilgisayar Hizmetleri AS Competitors by Total Assets
Key competitors of Hitit Bilgisayar Hizmetleri AS 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 |
Hitit Bilgisayar Hizmetleri AS - 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
Moderate asset utilization - Hitit Bilgisayar Hizmetleri AS generates 0.43x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Hitit Bilgisayar Hizmetleri AS generates $ 10.58 in net profit.
Hitit Bilgisayar Hizmetleri AS - 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 | 2.41 | 2.60 | 1.62 |
| Quick Ratio | 2.41 | 2.60 | 1.62 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | TL617.27 Million | TL 561.38 Million | TL 47.48 Million |
Hitit Bilgisayar Hizmetleri AS - Advanced Valuation Insights
This section examines the relationship between Hitit Bilgisayar Hizmetleri AS'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 | 4.65 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 51.2% |
| Total Assets | TL2.62 Billion |
| Market Capitalization | $84.41 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hitit Bilgisayar Hizmetleri AS's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Hitit Bilgisayar Hizmetleri AS's assets grew by 51.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Hitit Bilgisayar Hizmetleri AS (2019–2024)
The table below shows the annual total assets of Hitit Bilgisayar Hizmetleri AS from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | TL2.62 Billion | +51.23% |
| 2023-12-31 | TL1.73 Billion | +70.06% |
| 2022-12-31 | TL1.02 Billion | +174.03% |
| 2021-12-31 | TL371.19 Million | +107.82% |
| 2020-12-31 | TL178.61 Million | +71.10% |
| 2019-12-31 | TL104.39 Million | -- |