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Capital Southwest (Capital Southwest) Asset Turnover : 0.02 (As of Dec. 2023)


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What is Capital Southwest 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 Southwest's Revenue for the three months ended in Dec. 2023 was $31.8 Mil. Capital Southwest's Total Assets for the quarter that ended in Dec. 2023 was $1,423.2 Mil. Therefore, Capital Southwest's Asset Turnover for the quarter that ended in Dec. 2023 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Capital Southwest's annualized ROE % for the quarter that ended in Dec. 2023 was 13.63%. It is also linked to ROA % through Du Pont Formula. Capital Southwest's annualized ROA % for the quarter that ended in Dec. 2023 was 6.60%.


Capital Southwest Asset Turnover Historical Data

The historical data trend for Capital Southwest'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 Southwest Asset Turnover Chart

Capital Southwest Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 - 0.11 0.10 0.06

Capital Southwest 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 0.02 0.02 0.02 0.02

Competitive Comparison of Capital Southwest's Asset Turnover

For the Asset Management subindustry, Capital Southwest'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 Southwest's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Capital Southwest's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Capital Southwest's Asset Turnover falls into.



Capital Southwest Asset Turnover Calculation

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

Capital Southwest's Asset Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=61.453/( (973.957+1257.684)/ 2 )
=61.453/1115.8205
=0.06

Capital Southwest'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 )
=31.762/( (1416.913+1429.487)/ 2 )
=31.762/1423.2
=0.02

* 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 Southwest  (NAS:CSWC) Asset Turnover Explanation

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

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

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=93.936/689.3695
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(93.936 / 127.048)*(127.048 / 1423.2)*(1423.2/ 689.3695)
=Net Margin %*Asset Turnover*Equity Multiplier
=73.94 %*0.0893*2.0645
=ROA %*Equity Multiplier
=6.60 %*2.0645
=13.63 %

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 Southwest's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=93.936/1423.2
=(Net Income / Revenue)*(Revenue / Total Assets)
=(93.936 / 127.048)*(127.048 / 1423.2)
=Net Margin %*Asset Turnover
=73.94 %*0.0893
=6.60 %

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 Southwest Asset Turnover Related Terms

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


Capital Southwest (Capital Southwest) Business Description

Traded in Other Exchanges
Address
8333 Douglas Avenue, Suite 1100, Dallas, TX, USA, 75225
Capital Southwest Corp is an us-based investment company that specializes in providing customized financing to middle market companies across various industries. The company's investment objective to produce attractive risk-adjusted returns by generating current income from debt investments and capital appreciation from equity and equity related investments. It focuses on providing flexible financing solutions through partnership with business owners, management teams, and financial sponsors. The company's portfolio may include senior debt, second lien and subordinated debt, preferred stock and common stock and warrants. The primary source company's revenue comprises interest income and dividend income from investments made as well as management fees.
Executives
Ramona Lynn Rogers-windsor director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Christine Battist director 601 CARLSON PARKWAY, SUITE 250, MINNETONKA MN 55305
David R Brooks director 1600 REDBUD BOULEVARD, SUITE 400, MCKINNEY TX 75069
Michael Scott Sarner officer: Chief Financial Officer 5400 LYNDON B. JOHNSON FREEWAY, SUITE 1300, DALLAS TX 75240
Thomas William R Iii director 12900 PRESTON ROAD, SUITE 700, DALLAS TX 75230
Thomas Duane Morgan director 9800 RICHMOND AVE, SUITE 305, HOUSTON TX 77042
Joshua S. Weinstein officer: Senior Managing Director C/O CAPITAL SOUTHWEST CORPORATION, 5400 LYNDON B JOHNSON FREEWAY, SUITE 130, DALLAS TX 75240
Bowen S Diehl director, officer: President and CEO 12900 PRESTON ROAD, SUITE 700, DALLAS TX 75230
Jack D Furst director 2591 LAKESIDE PARKWAY, SUITE 100, FLOWER MOUND TX 75022
John H Wilson director 12900 PRESTON RD, STE 700, DALLAS TX 75230
Douglas M. Kelley officer: Sr. VP & Managing Director 5400 LBJ FREEWAY, SUITE 1300, DALLAS TX 75240
Moab Partners Lp 10 percent owner PO BOX 352, SHORT HILLS NJ 07078
Moab Capital Partners Llc 10 percent owner PO BOX 352, SHORT HILLS NJ 07078
Joseph B Armes director, officer: President 5420 LYNDON B, JOHNSON FREEWAY, SUITE 500, DALLAS TX 75240
Moab Gp Llc 10 percent owner 15 EAST 62ND STREET, NEW YORK NY 10021