Türk Traktör ve Ziraat Makineleri A.S
Türk Traktör ve Ziraat Makineleri A.S. manufactures and sells farm tractors, harvesters, and other agricultural machineries and equipment. The company also offers construction equipment, such as skid steer loaders, backhoe loaders, compact wheel loaders, wheel loaders, mini excavators, crawler excavators, and telehandlers. It offers tractors under the New Holland, Case IH, and Steyr brand names. … Read more
Türk Traktör ve Ziraat Makineleri A.S (TTRKF) - Total Assets
Latest total assets as of June 2025: $40.02 Billion USD
Based on the latest financial reports, Türk Traktör ve Ziraat Makineleri A.S (TTRKF) holds total assets worth $40.02 Billion USD as of June 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.
Türk Traktör ve Ziraat Makineleri A.S - Total Assets Trend (2014–2024)
This chart illustrates how Türk Traktör ve Ziraat Makineleri A.S’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Türk Traktör ve Ziraat Makineleri A.S - Asset Composition Analysis
Current Asset Composition (December 2024)
Türk Traktör ve Ziraat Makineleri A.S's total assets of $40.02 Billion consist of 64.0% current assets and 36.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 18.4% |
| Accounts Receivable | $4.33 Billion | 12.1% |
| Inventory | $9.74 Billion | 27.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $3.79 Billion | 10.5% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how Türk Traktör ve Ziraat Makineleri 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: Türk Traktör ve Ziraat Makineleri A.S's current assets represent 64.0% of total assets in 2024, a decrease from 68.9% in 2014.
- Cash Position: Cash and equivalents constituted 18.4% of total assets in 2024, up from 14.1% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, an increase from 0.0% in 2014.
- Asset Diversification: The largest asset category is inventory at 27.1% of total assets.
Türk Traktör ve Ziraat Makineleri A.S Competitors by Total Assets
Key competitors of Türk Traktör ve Ziraat Makineleri A.S based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
Türk Traktör ve Ziraat Makineleri 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 - Türk Traktör ve Ziraat Makineleri A.S generates 1.86x 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, Türk Traktör ve Ziraat Makineleri A.S generates $ 15.98 in net profit.
Türk Traktör ve Ziraat Makineleri 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 | 1.28 | 1.50 | 1.83 |
| Quick Ratio | 0.74 | 0.85 | 1.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $5.45 Billion | $ 7.55 Billion | $ 917.46 Million |
Türk Traktör ve Ziraat Makineleri A.S - Advanced Valuation Insights
This section examines the relationship between Türk Traktör ve Ziraat Makineleri 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 | 3.40 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -23.3% |
| Total Assets | $35.93 Billion |
| Market Capitalization | $57.71 Million USD |
Valuation Analysis
Below Book Valuation: The market values Türk Traktör ve Ziraat Makineleri A.S's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Türk Traktör ve Ziraat Makineleri A.S's assets decreased by 23.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Türk Traktör ve Ziraat Makineleri A.S (2014–2024)
The table below shows the annual total assets of Türk Traktör ve Ziraat Makineleri A.S from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $35.93 Billion | -23.32% |
| 2023-12-31 | $46.86 Billion | +80.19% |
| 2022-12-31 | $26.01 Billion | +325.59% |
| 2021-12-31 | $6.11 Billion | +33.07% |
| 2020-12-31 | $4.59 Billion | +48.45% |
| 2018-12-31 | $3.09 Billion | +10.92% |
| 2017-12-31 | $2.79 Billion | +21.13% |
| 2016-12-31 | $2.30 Billion | +14.19% |
| 2015-12-31 | $2.02 Billion | +5.33% |
| 2014-12-31 | $1.91 Billion | -- |