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Capital City Bank Group (Capital City Bank Group) Asset Turnover : 0.01 (As of Dec. 2023)


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What is Capital City Bank Group Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Capital City Bank Group's Revenue for the three months ended in Dec. 2023 was $54.8 Mil. Capital City Bank Group's Total Assets for the quarter that ended in Dec. 2023 was $4,221.4 Mil. Therefore, Capital City Bank Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Capital City Bank Group's annualized ROE % for the quarter that ended in Dec. 2023 was 10.71%. It is also linked to ROA % through Du Pont Formula. Capital City Bank Group's annualized ROA % for the quarter that ended in Dec. 2023 was 1.11%.


Capital City Bank Group Asset Turnover Historical Data

The historical data trend for Capital City Bank Group'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.

Capital City Bank Group Asset Turnover Chart

Capital City Bank Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.06 0.05 0.04 0.05

Capital City Bank Group 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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Capital City Bank Group's Asset Turnover

For the Banks - Regional subindustry, Capital City Bank Group'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.


Capital City Bank Group's Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Capital City Bank Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Capital City Bank Group's Asset Turnover falls into.



Capital City Bank Group Asset Turnover Calculation

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

Capital City Bank Group's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=223.614/( (4519.223+4304.477)/ 2 )
=223.614/4411.85
=0.05

Capital City Bank Group's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=54.831/( (4138.287+4304.477)/ 2 )
=54.831/4221.382
=0.01

* 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.


Capital City Bank Group  (NAS:CCBG) Asset Turnover Explanation

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

Capital City Bank Group's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=46.876/437.671
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(46.876 / 219.324)*(219.324 / 4221.382)*(4221.382/ 437.671)
=Net Margin %*Asset Turnover*Equity Multiplier
=21.37 %*0.052*9.6451
=ROA %*Equity Multiplier
=1.11 %*9.6451
=10.71 %

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

Capital City Bank Group's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=46.876/4221.382
=(Net Income / Revenue)*(Revenue / Total Assets)
=(46.876 / 219.324)*(219.324 / 4221.382)
=Net Margin %*Asset Turnover
=21.37 %*0.052
=1.11 %

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


Capital City Bank Group Asset Turnover Related Terms

Thank you for viewing the detailed overview of Capital City Bank Group's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Capital City Bank Group (Capital City Bank Group) Business Description

Traded in Other Exchanges
Address
217 North Monroe Street, Tallahassee, FL, USA, 32301
Capital City Bank Group Inc is a United States-based group engaged in Banking services, Trust and asset management services, and Brokerage services. The company offers retail and commercial banking business in the form of traditional deposit and credit services, asset management, trust, mortgage banking, merchant services, bank cards, data processing, and securities brokerage services among others through its banking offices in Florida, Georgia, and Alabama.
Executives
Criser Marshall M Iii director 217 NORTH MONROE STREET, TALLAHASSEE FL 32301
Laura L Johnson director 217 NORTH MONROE STREET, TALLAHASSEE FL 32301
Bonnie Davenport director 217 MONROE STREET, TALLAHASSEE FL 32301
Jep Larkin officer: EVP & CFO 217 N MONROE STREET, TALLAHASSEE FL 32301
Thomas A Barron director, officer: Treasurer PO BOX 900, TALLAHASSEE FL 32302
William F Butler director 217 N. MONROE STREET, TALLAHASSEE FL 32301
Kimberly Crowell director 217 N MONROE STREET, TALLAHASSEE FL 32301
Ashbel C Williams director 217 N. MONROE STREET, TALLAHASSEE FL 32301
Allan G Bense director 1405 W BEACH DRIVE, PANAMA CITY FL 32401
William E Grant director 217 NORTH MONROE STREET, TALLAHASSEE FL 32301
Stan W Connally director 241 RALPH MCGILL BLVD., ATLANTA GA 30308
Sample John G Jr director
Robert Antoine director 8234 ASHWORTH COURT, JACKSONVILLE FL 32256
E Drew Mitchell 10 percent owner 1110 CONSERVANCY DRIVE, TALLAHASSEE FL 32312
Douglas Williams Smith 10 percent owner 3042 HAWKS GLEN, TALLAHASSEE FL 32312

Capital City Bank Group (Capital City Bank Group) Headlines