GARFA.IS
Price:
$24.88
Market Cap:
$9.89B
Garanti Faktoring A.S. provides factoring services to industrial and commercial firms. The company provides financing, guarantee, and commercial collection management services in selling goods/services; and supplier financing services in buying goods/services. It serves SMEs, import and export companies, and other corporations through a network of 11 branches in Turkey. The company was formerly known as Garanti Faktoring Hizmetleri A.S and changed its name to Garanti Faktoring A.S. in April 2014. Garanti Faktoring A.S. was incorporated in 1990 and is headquartered in Istanbul, Turkey. Garanti Faktoring A.S. operates as a subsidiary of Türkiye Garanti Bankasi A.S.
Industry
Financial - Credit Services
IPO Date
2000-05-10
Stock Exchange
IST
Ticker
GARFA.IS
According to Garanti Faktoring A.S.’s latest financial reports and current stock price. The company's current Current Ratio is 503.90. This represents a change of 22.66% compared to the average of 410.81 of the last 4 quarters.
The mean historical Current Ratio of Garanti Faktoring A.S. over the last ten years is 413.70. The current 503.90 Current Ratio has changed 12.08% with respect to the historical average. Over the past ten years (40 quarters), GARFA.IS's Current Ratio was at its highest in in the December 2024 quarter at 1.01K. The Current Ratio was at its lowest in in the September 2024 quarter at 1.34.
Average
413.70
Median
306.64
Minimum
0
Maximum
1.01K
Discovering the peaks and valleys of Garanti Faktoring A.S. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = Infinity%
Maximum Annual Current Ratio = 1.01K
Minimum Annual Increase = -100.00%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.01K | Infinity% |
| 2023 | 0 | -100.00% |
| 2022 | 295.21 | 28.99% |
| 2021 | 228.85 | -70.11% |
| 2020 | 765.56 | 357.37% |
| 2019 | 167.38 | 23.09% |
| 2018 | 135.99 | -57.25% |
| 2017 | 318.07 | -2.55% |
| 2016 | 326.39 | -63.18% |
| 2015 | 886.34 | -35.74% |
The current Current Ratio of Garanti Faktoring A.S. (GARFA.IS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
436.16
5-year avg
460.58
10-year avg
413.70
Garanti Faktoring A.S.’s Current Ratio is greater than Aksigorta A.S. (0), greater than Is Finansal Kiralama Anonim Sirketi (72.54), greater than Inveo Yatirim Holding Anonim Sirketi (0), greater than AHES Gmyo (0), greater than Sekerbank T.A.S. (0.38), greater than Info Yatirim Menkul Degerler A.S. (1.14), greater than DCT Trading Dis Ticaret (2.32), greater than Osmanli Yatirim Menkul Degerler A.S. (1.93), greater than Albaraka Türk Katilim Bankasi A.S. (0.42),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $10.90B | |
| 72.54 | $13.25B | |
| 0 | $9.46B | |
| 0 | $2.71B | |
| 0.38 | $20.48B | |
| 1.14 | $3.61B | |
| 2.32 | $3.38B | |
| 1.93 | $3.42B | |
| 0.42 | $20.32B |
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