Marti Technologies (Marti Technologies) Total Assets : $40.21 Mil (As of Dec. 2023)

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What is Marti Technologies Total Assets?

Marti Technologies's Total Assets for the quarter that ended in Dec. 2023 was $40.21 Mil.

During the past 12 months, Marti Technologies's average Total Assets Growth Rate was -31.60% per year. During the past 3 years, the average Total Assets Growth Rate was 27.00% per year.

During the past 4 years, Marti Technologies's highest 3-Year average Total Assets Growth Rate was 27.00%. The lowest was 27.00%. And the median was 27.00%.

Total Assets is connected with ROA %. Marti Technologies's annualized ROA % for the quarter that ended in Dec. 2023 was -302.37%. Total Assets is also linked to Revenue through Asset Turnover. Marti Technologies's Asset Turnover for the quarter that ended in Dec. 2023 was 0.29.

Marti Technologies Total Assets Historical Data

The historical data trend for Marti Technologies's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Marti Technologies Total Assets Chart

Marti Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

13.64

38.99

40.88

40.21

Marti Technologies Quarterly Data
	Dec20	Sep21	Dec21	Sep22	Dec22	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial			38.99	32.68	40.88	31.71	40.21

Marti Technologies Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Marti Technologies's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	-32.698	+	72.909
	=	40.21

Marti Technologies's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	-32.698	+	72.909
	=	40.21

Marti Technologies (AMEX:MRT) Total Assets Explanation

Total Assets is connected with ROA %.

Marti Technologies's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-108.728	/	( (31.705	+	40.211)	/ 2 )
	=	-108.728	/	35.958
	=	-302.37 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Marti Technologies's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	10.299	/	( (31.705	+	40.211)	/ 2 )
=	10.299	/	35.958
=	0.29

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Marti Technologies Total Assets Related Terms

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Marti Technologies (Marti Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Marti Technologies Inc (AMEX:MRT) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2001 S Street NW, Suite 320, Washington, DC, USA, 20009

Website

https://www.marti.tech

Marti Technologies Inc is a mobility app, operating a fleet of over 48,000 e-mopeds, e-bikes, and e-scooters, serviced by proprietary software systems and IoT infrastructure.

Executives

Adam S Metz	director	110 NORTH WACKER DRIVE, CHICAGO IL 60606
Shelley Guiley	director	2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Kemal Kaya	director, officer: Chief Executive Officer	2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Michael Tanzer	officer: Chief Financial Officer	2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Daniel Freifeld	director, 10 percent owner, officer: President and CIO	2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Galata Acquisition Sponsor Llc	10 percent owner	2001 S STREET NW, SUITE 320, WASHINGTON DC 20009
Timothy Michael Shannon	director	2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009