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Indiabulls Real Estate (BOM:532832) Asset Turnover : 0.00 (As of Mar. 2024)


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What is Indiabulls Real Estate Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Indiabulls Real Estate's Revenue for the three months ended in Mar. 2024 was ₹210 Mil. Indiabulls Real Estate's Total Assets for the quarter that ended in Mar. 2024 was ₹58,474 Mil. Therefore, Indiabulls Real Estate's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Indiabulls Real Estate's annualized ROE % for the quarter that ended in Mar. 2024 was -43.88%. It is also linked to ROA % through Du Pont Formula. Indiabulls Real Estate's annualized ROA % for the quarter that ended in Mar. 2024 was -20.66%.


Indiabulls Real Estate Asset Turnover Historical Data

The historical data trend for Indiabulls Real Estate's Asset Turnover 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.

* Premium members only.

Indiabulls Real Estate Asset Turnover Chart

Indiabulls Real Estate Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.15 0.17 0.08 0.07

Indiabulls Real Estate Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.03 0.02 0.02 -

Competitive Comparison of Indiabulls Real Estate's Asset Turnover

For the Real Estate - Development subindustry, Indiabulls Real Estate's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Indiabulls Real Estate's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Indiabulls Real Estate's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Indiabulls Real Estate's Asset Turnover falls into.



Indiabulls Real Estate Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Indiabulls Real Estate's Asset Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=4138/( (65074.3+58474)/ 2 )
=4138/61774.15
=0.07

Indiabulls Real Estate's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=210.2/( (0+58474)/ 1 )
=210.2/58474
=0.00

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Indiabulls Real Estate  (BOM:532832) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Indiabulls Real Estate's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-12080.8/27534.1
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-12080.8 / 840.8)*(840.8 / 58474)*(58474/ 27534.1)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1436.82 %*0.0144*2.1237
=ROA %*Equity Multiplier
=-20.66 %*2.1237
=-43.88 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Indiabulls Real Estate's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-12080.8/58474
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-12080.8 / 840.8)*(840.8 / 58474)
=Net Margin %*Asset Turnover
=-1436.82 %*0.0144
=-20.66 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data.

* 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.


Be Aware

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.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Indiabulls Real Estate Asset Turnover Related Terms

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Indiabulls Real Estate (BOM:532832) Business Description

Traded in Other Exchanges
Address
Dr. Annie Besant Road, WeWork Vaswani Chambers, 3rd Floor, 264-265, Municipal Colony, Worli Shivaji Nagar, Worli, Mumbai, MH, IND, 400030
Indiabulls Real Estate Ltd is an India-based real estate developer. The company is involved in the construction and development of residential, commercial, and special economic zone projects across the majority of Indian metropolitan areas and London. Among other projects, the company is developing premium, high-end commercial, residential, and retail space apart from Tier 1 cities.

Indiabulls Real Estate (BOM:532832) Headlines

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