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Capitol Federal Financial (Capitol Federal Financial) Asset Turnover : 0.00 (As of Dec. 2023)


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What is Capitol Federal Financial Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Capitol Federal Financial's Revenue for the three months ended in Dec. 2023 was $30.16 Mil. Capitol Federal Financial's Total Assets for the quarter that ended in Dec. 2023 was $9,876.76 Mil. Therefore, Capitol Federal Financial's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Capitol Federal Financial's annualized ROE % for the quarter that ended in Dec. 2023 was 0.98%. It is also linked to ROA % through Du Pont Formula. Capitol Federal Financial's annualized ROA % for the quarter that ended in Dec. 2023 was 0.10%.


Capitol Federal Financial Asset Turnover Historical Data

The historical data trend for Capitol Federal Financial'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.

Capitol Federal Financial Asset Turnover Chart

Capitol Federal Financial Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.02 0.02 -

Capitol Federal Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - -0.02 -

Competitive Comparison of Capitol Federal Financial's Asset Turnover

For the Banks - Regional subindustry, Capitol Federal Financial'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.


Capitol Federal Financial's Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Capitol Federal Financial's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Capitol Federal Financial's Asset Turnover falls into.



Capitol Federal Financial Asset Turnover Calculation

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

Capitol Federal Financial's Asset Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=-20.877/( (9624.897+10177.461)/ 2 )
=-20.877/9901.179
=-0.00

Capitol Federal Financial'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 )
=30.157/( (10177.461+9576.064)/ 2 )
=30.157/9876.7625
=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.


Capitol Federal Financial  (NAS:CFFN) Asset Turnover Explanation

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

Capitol Federal Financial's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=10.172/1039.0875
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(10.172 / 120.628)*(120.628 / 9876.7625)*(9876.7625/ 1039.0875)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.43 %*0.0122*9.5052
=ROA %*Equity Multiplier
=0.10 %*9.5052
=0.98 %

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:

Capitol Federal Financial's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=10.172/9876.7625
=(Net Income / Revenue)*(Revenue / Total Assets)
=(10.172 / 120.628)*(120.628 / 9876.7625)
=Net Margin %*Asset Turnover
=8.43 %*0.0122
=0.10 %

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.


Capitol Federal Financial Asset Turnover Related Terms

Thank you for viewing the detailed overview of Capitol Federal Financial's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Capitol Federal Financial (Capitol Federal Financial) Business Description

Traded in Other Exchanges
Address
700 South Kansas Avenue, Topeka, KS, USA, 66603
Capitol Federal Financial Inc is a bank holding company that operates through its wholly-owned subsidiary bank, Capitol Federal Savings Bank. The bank is a community-oriented financial institution that offers a variety of financial services through tens of locations. It primarily serves metropolitan areas within the state of Kansas. The bank performs traditional banking functions such as deposit-taking activities and investing that money in first-lien residential mortgages. It also participates in commercial real estate loans with other lenders, investing those funds in various securities. The vast majority of the bank's loan portfolio is in originated one- to four-family real estate loans. Its primary source of income is net interest income.
Executives
Anthony S. Barry officer: EVP, Corporate Services C/O CAPITOL FEDERAL FINANCIAL, INC., 700 S. KANSAS AVENUE, TOPEKA KS 66603
Jeffrey M Johnson director C/O CAPITOL FEDERAL FINANCIAL INC, 700 KANSAS AVENUE, TOPEKA KS 66603
Carlton A. Ricketts officer: Executive Vice President C/O CAPITOL FEDERAL FINANCIAL, 700 KANSAS AVENUE, TOPEKA KS 66601
Rick C Jackson officer: Executive Vice President CAPITOL FEDERAL FINANCIAL, 700 SOUTH KANSAS AVENUE, TOPEKA KS 66603
James G. Morris director C/O CAPITOL FEDERAL FINANCIAL, INC., 700 S. KANSAS AVENUE, TOPEKA KS 66603
Natalie G. Haag officer: Executive Vice President C/O CAPITOL FEDERAL FINANCIAL, 700 KANSAS AVENUE, TOPEKA KS 66603
Jeffrey R Thompson director C/O CAPITOL FEDERAL FINANCIAL, 700 S. KANSAS AVENUE, TOPEKA KS 66603
Skrobacz William Joseph Jr officer: Executive Vice President 700 S KANSAS AVE, TOPEKA KS 66603
Robert D. Kobbeman officer: EVP, Chief Commercial Banking C/O CAPITOL FEDERAL FINANCIAL, INC., 700 S. KANSAS AVENUE, TOPEKA KS 66603
Huey Morris J Ii director, officer: Executive Vice President C/O CAPITOL FEDERAL FINANCIAL, 700 KANSAS AVENUE, TOPEKA KS 66603
Michel Philipp Cole director C/O CAPITOL FEDERAL FINANCIAL, INC., 700 S. KANSAS AVENUE, TOPEKA KS 66603
John B Dicus director, officer: Chairman and President C/O CAPITOL FEDERAL FINANCIAL, 700 SOUTH KANSAS AVENUE, TOPEKA KS 66603
Daniel L. Lehman officer: Executive Vice President C/O CAPITOL FEDERAL FINANCIAL, INC., 700 S. KANSAS AVENUE, TOPEKA KS 66603
Kent G Townsend officer: Executive Vice President C/O CAPITOL FEDERAL FINANCIAL, 700 S. KANSAS AVENUE, TOPEKA KS 66603
Marilyn S Ward director C/O CAPITOL FEDERAL FINANCIAL, 700 KANSAS AVENUE, TOPEKA KS 66603

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