Akbank T.A.S.

Akbank T.A.S.verified

AKBTY

Price:

$3.54

Market Cap:

$312.73B

Akbank T.A.S., together with its subsidiaries, provides various banking products and services in Turkey and internationally. It operates through: Retail Banking; Commercial Banking, SME Banking, Corporate-Investment and Private Banking; and Treasury segments. The company's retail banking services comprise deposit accounts, retail loans, commercial installment loans, credit cards, insurance products, and asset management services, as well as bank cards, investment funds trading, automatic payment, foreign currency trading, safe deposit box rental, cheques, money transfer, investment banking, and telephone and internet banking. It also offers services to large, medium, and small size corporate...[Read more]

Industry

Banks - Regional

IPO Date

2006-05-31

Stock Exchange

PNK

Ticker

AKBTY

The Current Ratio as of September 2024 (TTM) for Akbank T.A.S. (AKBTY) is 0.36

According to Akbank T.A.S.’s latest financial reports and current stock price. The company's current Current Ratio is 0.36. This represents a change of 6.19% compared to the average of 0.34 of the last 4 quarters.

Akbank T.A.S. (AKBTY) Historical Current Ratio (quarterly & annually)

How has AKBTY Current Ratio performed in the past?

The mean historical Current Ratio of Akbank T.A.S. over the last ten years is 42.71. The current 0.36 Current Ratio has changed -16.04% with respect to the historical average. Over the past ten years (40 quarters), AKBTY's Current Ratio was at its highest in in the December 2021 quarter at 877.06. The Current Ratio was at its lowest in in the June 2015 quarter at 0.

Quarterly (TTM)
Annual

Average

42.71

Median

0.46

Minimum

0.23

Maximum

423.28

Akbank T.A.S. (AKBTY) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Akbank T.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 = 44.75%

Maximum Annual Current Ratio = 423.28

Minimum Annual Increase = -99.88%

Minimum Annual Current Ratio = 0.23

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.3344.75%
20220.23-44.61%
20210.4218.21%
20200.35-22.01%
20190.45-12.90%
20180.529.86%
20170.47-14.81%
20160.5512.55%
20150.49-99.88%
2014423.28-9.51%

Akbank T.A.S. (AKBTY) Average Current Ratio

How has AKBTY Current Ratio performed in the past?

The current Current Ratio of Akbank T.A.S. (AKBTY) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

0.33

5-year avg

0.36

10-year avg

42.71

Akbank T.A.S. (AKBTY) Current Ratio vs. Peers

How is AKBTY’s Current Ratio compared to its peers?

Akbank T.A.S.’s Current Ratio is less than Commercial International Bank (Egypt) S.A.E (21.17), greater than Kasikornbank Public Company Limited (0.28), greater than PT Bank Central Asia Tbk (0.21), greater than PT Bank Rakyat Indonesia (Persero) Tbk (0.27), greater than Turkiye Garanti Bankasi A.S. (0.34), greater than Hang Seng Bank Limited (0.30), greater than Delhi Bank Corp. (0.31), greater than PT Bank Mandiri (Persero) Tbk (0.23), less than BOC Hong Kong (Holdings) Limited (0.60), greater than PT Bank Mandiri (Persero) Tbk (0.23), greater than Alpha Services and Holdings S.A. (0.30), greater than Piraeus Financial Holdings S.A. (0.20), greater than Eurobank Ergasias Services and Holdings S.A. (0.35), less than Bankinter, S.A. (3.39), less than JAPAN POST BANK Co., Ltd. (2.88), less than JAPAN POST BANK Co., Ltd. (7.70K),

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