Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Fox Chase Bancorp's Revenue for the
three
months ended in Mar. 2016 was $9.21 Mil. Fox Chase Bancorp's Total Assets for the quarter that ended in Mar. 2016 was $1,128.67 Mil. Therefore, Fox Chase Bancorp's Asset Turnover for the quarter that ended in Mar. 2016 was 0.01.
Asset Turnover is linked to ROE % through Du Pont Formula. Fox Chase Bancorp's annualizedROE % for the quarter that ended in Mar. 2016 was 5.07%. It is also linked to ROA % through Du Pont Formula. Fox Chase Bancorp's annualizedROA % for the quarter that ended in Mar. 2016 was 0.80%.
Fox Chase Bancorp Asset Turnover Historical Data
The historical data trend for Fox Chase Bancorp'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.
Competitive Comparison of Fox Chase Bancorp's Asset Turnover
For the Banks - Regional subindustry, Fox Chase Bancorp'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.
Fox Chase Bancorp's Asset Turnover Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Fox Chase Bancorp's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Fox Chase Bancorp's Asset Turnover falls into.
Fox Chase Bancorp Asset Turnover Calculation
Asset Turnover measures how quickly a company turns over its asset through sales.
Fox Chase Bancorp's Asset Turnover for the fiscal year that ended in Dec. 2015 is calculated as
* 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.
Fox Chase Bancorp (NAS:FXCB) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Fox Chase Bancorp's annulizedROE % for the quarter that ended in Mar. 2016 is
Note:
The Net Income data used here is four times the quarterly (Mar. 2016) net income data. The Revenue data used here is four times the quarterly (Mar. 2016) 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:
Fox Chase Bancorp's annulizedROA % for the quarter that ended in Mar. 2016 is
Note:
The Net Income data used here is four times the quarterly (Mar. 2016) net income data. The Revenue data used here is four times the quarterly (Mar. 2016) 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.
Fox Chase Bancorp Asset Turnover Related Terms
Thank you for viewing the detailed overview of Fox Chase Bancorp's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Fox Chase Bancorp (Fox Chase Bancorp) Business Description
Fox Chase Bancorp Inc is a Maryland corporation that was incorporated in March 2010. The Bank operates as a community-oriented financial institution offering traditional financial services to consumers and businesses in its market areas. The Bank attracts deposits from the general public and uses those funds to originate one- to four-family real estate, multi-family and commercial real estate, construction, commercial and consumer loans, which the Bank generally holds for investment. The largest segment of its loan portfolio is multi-family and commercial real estate loans. It offers fixed-rate and adjustable-rate mortgage loans secured by multi-family and commercial real estate to individuals and small businesses in its main market areas. Its multi-family and commercial real estate loans are generally secured by condominiums, apartment buildings and mixed-use properties with residential units, as well as office and retail space. It originates multi-family and commercial real estate loans with terms of up to 25 years. The second largest segment of its loan portfolio is residential mortgage loans, which enable borrowers to purchase or refinance existing homes, which are owner occupied. It offer fixed-rate and adjustable-rate loans with terms up to 30 years. It also offers commercial and industrial loans to professionals, sole proprietorships and small and mid-size businesses in its market area. It offers variety of consumer loans, including home equity loans and lines of credit, loans to individuals to purchase insurance policies, loans secured by certificate of deposits (share loans) and unsecured overdraft lines of credit. It competes with various financial institutions and credit unions operating in its market areas and, to a lesser extent, from other financial service companies such as brokerage firms and insurance companies. Its competition for loans comes mainly from financial institutions in its market areas, and, to a lesser extent, from other financial service providers such as mortgage companies, mortgage brokers and credit unions. As a savings and loan holding company, it is subject to Federal Reserve Board regulations, examinations, supervision, reporting requirements and regulations concerning its activities.
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