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CapStar Financial Holdings (CapStar Financial Holdings) Asset Turnover : 0.01 (As of Dec. 2023)


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What is CapStar Financial Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. CapStar Financial Holdings's Revenue for the three months ended in Dec. 2023 was $27.1 Mil. CapStar Financial Holdings's Total Assets for the quarter that ended in Dec. 2023 was $3,203.4 Mil. Therefore, CapStar Financial Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. CapStar Financial Holdings's annualized ROE % for the quarter that ended in Dec. 2023 was 7.50%. It is also linked to ROA % through Du Pont Formula. CapStar Financial Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was 0.83%.


CapStar Financial Holdings Asset Turnover Historical Data

The historical data trend for CapStar Financial Holdings'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.

CapStar Financial Holdings Asset Turnover Chart

CapStar Financial Holdings 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 0.05 0.04 0.04 0.04

CapStar Financial Holdings 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 0.01 0.01 0.01

Competitive Comparison of CapStar Financial Holdings's Asset Turnover

For the Banks - Regional subindustry, CapStar Financial Holdings'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.


CapStar Financial Holdings's Asset Turnover Distribution in the Banks Industry

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

* The bar in red indicates where CapStar Financial Holdings's Asset Turnover falls into.



CapStar Financial Holdings Asset Turnover Calculation

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

CapStar Financial Holdings'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 )
=112.032/( (3117.169+3142.175)/ 2 )
=112.032/3129.672
=0.04

CapStar Financial Holdings'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 )
=27.108/( (3264.54+3142.175)/ 2 )
=27.108/3203.3575
=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.


CapStar Financial Holdings  (NAS:CSTR) Asset Turnover Explanation

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

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

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=26.516/353.5985
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(26.516 / 108.432)*(108.432 / 3203.3575)*(3203.3575/ 353.5985)
=Net Margin %*Asset Turnover*Equity Multiplier
=24.45 %*0.0338*9.0593
=ROA %*Equity Multiplier
=0.83 %*9.0593
=7.50 %

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:

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

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=26.516/3203.3575
=(Net Income / Revenue)*(Revenue / Total Assets)
=(26.516 / 108.432)*(108.432 / 3203.3575)
=Net Margin %*Asset Turnover
=24.45 %*0.0338
=0.83 %

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.


CapStar Financial Holdings Asset Turnover Related Terms

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


CapStar Financial Holdings (CapStar Financial Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1201 Demonbreun Street, Suite 700, Nashville, TN, USA, 37203
CapStar Financial Holdings Inc is a bank holding company for CapStar Bank. The products and services offered by the bank include commercial and industrial loans to small and medium-sized businesses, commercial real estate loans, private banking and wealth management services, correspondent banking services, and various other retail and consumer products. The company's primary sources of revenue are derived from interest and dividends earned on loans, investment securities, and other financial instruments.
Executives
Alison Lee Jefferson officer: Interim Prin. Acctg. Officer 406 11TH AVENUE NORTH, SUITE 200, NASHVILLE TN 37203
Michael J Fowler officer: See Remarks 100 NORTH MAIN STREET, GREENEVILLE TN 37743-4992
William Tilden Delay director 115 LYNNWOOD TERRACE, NASHVILLE TN 37205
Harrison Frist director C/O KHOSLA VENTURES ACQUISITION CO. III, 2128 SAND HILL RD, MENLO PARK CA 94025
Thomas R. Flynn director 606 DEEPWOOD DRIVE, HOPKINSVILLE KY 42240
Kenneth E Webb officer: EVP of Bank Operations 6226 BROWNLEE DRIVE, NASHVILLE TN 37205
Jeffrey L Moody officer: Principal Accounting Officer CAPSTAR FIN. HOLDINGS INC-BRENT BINNS, 1201 DEMONBREUN STREET, SUITE 700, NASHVILLE TN 37203
Amy C Goodin officer: Chief Risk Officer CAPSTAR FIN. HOLDINGS INC-BRENT BINNS, 1201 DEMONBREUN STREET, SUITE 700, NASHVILLE TN 37203
Turner James S. Jr. director 138 2ND AVENUE NORTH, NASHVILLE TN 37201
Denis J. Duncan officer: See Remarks 1201 DEMONBREUN STREET, SUITE 700, NASHVILLE TN 37203
Sam B. Devane director CAPSTAR FIN. HOLDINGS INC.-BRENT BINNS, 1201 DEMONBREUN STREET, SUITE 700, NASHVILLE TN 37203
Kevin Lambert officer: Chief Credit Officer CAPSTAR FIN. HOLDINGS INC-BRENT BINNS, 1201 DEMONBREUN STREET, SUITE 700, NASHVILLE TN 37203
Valora S. Gurganious director CAPSTAR FIN. HOLDINGS INC.-BRENT BINNS, 1201 DEMONBREUN STREET, SUITE 700, NASHVILLE TN 37203
Christopher G Tietz officer: See Remarks 185 EAST MARKET STREET, ATTN: LEGAL DEPARTMENT, WARREN OH 44481
Capstar Financial Holdings, Inc. officer: Chief Financial Officer 1201 DEMONBREUN STREET, SUITE 700, SUITE 700, NASHVILLE TN 37203