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Hamilton Bancorp (Hamilton Bancorp) Asset Turnover : 0.01 (As of Dec. 2018)


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What is Hamilton Bancorp Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Hamilton Bancorp's Revenue for the three months ended in Dec. 2018 was $3.72 Mil. Hamilton Bancorp's Total Assets for the quarter that ended in Dec. 2018 was $499.22 Mil. Therefore, Hamilton Bancorp's Asset Turnover for the quarter that ended in Dec. 2018 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Hamilton Bancorp's annualized ROE % for the quarter that ended in Dec. 2018 was -0.89%. It is also linked to ROA % through Du Pont Formula. Hamilton Bancorp's annualized ROA % for the quarter that ended in Dec. 2018 was -0.10%.


Hamilton Bancorp Asset Turnover Historical Data

The historical data trend for Hamilton 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.

* Premium members only.

Hamilton Bancorp Asset Turnover Chart

Hamilton Bancorp Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Asset Turnover
Get a 7-Day Free Trial 0.03 0.03 0.03 0.03 0.03

Hamilton Bancorp Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 Hamilton Bancorp's Asset Turnover

For the Banks - Regional subindustry, Hamilton 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.


Hamilton Bancorp's Asset Turnover Distribution in the Banks Industry

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

* The bar in red indicates where Hamilton Bancorp's Asset Turnover falls into.



Hamilton Bancorp Asset Turnover Calculation

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

Hamilton Bancorp's Asset Turnover for the fiscal year that ended in Mar. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2018 )/( (Total Assets (A: Mar. 2017 )+Total Assets (A: Mar. 2018 ))/ count )
=16.391/( (514.53+525.533)/ 2 )
=16.391/520.0315
=0.03

Hamilton Bancorp's Asset Turnover for the quarter that ended in Dec. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2018 )/( (Total Assets (Q: Sep. 2018 )+Total Assets (Q: Dec. 2018 ))/ count )
=3.719/( (502.187+496.254)/ 2 )
=3.719/499.2205
=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.


Hamilton Bancorp  (NAS:HBK) Asset Turnover Explanation

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

Hamilton Bancorp's annulized ROE % for the quarter that ended in Dec. 2018 is

ROE %**(Q: Dec. 2018 )
=Net Income/Total Stockholders Equity
=-0.5/55.975
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.5 / 14.876)*(14.876 / 499.2205)*(499.2205/ 55.975)
=Net Margin %*Asset Turnover*Equity Multiplier
=-3.36 %*0.0298*8.9186
=ROA %*Equity Multiplier
=-0.10 %*8.9186
=-0.89 %

Note: The Net Income data used here is four times the quarterly (Dec. 2018) net income data. The Revenue data used here is four times the quarterly (Dec. 2018) 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:

Hamilton Bancorp's annulized ROA % for the quarter that ended in Dec. 2018 is

ROA %(Q: Dec. 2018 )
=Net Income/Total Assets
=-0.5/499.2205
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.5 / 14.876)*(14.876 / 499.2205)
=Net Margin %*Asset Turnover
=-3.36 %*0.0298
=-0.10 %

Note: The Net Income data used here is four times the quarterly (Dec. 2018) net income data. The Revenue data used here is four times the quarterly (Dec. 2018) 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.


Hamilton Bancorp Asset Turnover Related Terms

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Hamilton Bancorp (Hamilton Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
501 Fairmount Avenue, Suite 200, Towson, MD, USA, 21286
Hamilton Bancorp Inc is part of the financial services sector. As a bank holding company for Hamilton Bank its core activity is accepting deposits from the general public and investing those deposits, together with funds generated from operations, in one- to four-family residential mortgage loans, commercial real estate loans, commercial business loans, home equity loans and lines of credit, construction loans and consumer loans. Most of its revenue is generated from the interest received on commercial real estate loans.
Executives
Robert A Dealmeida director, officer: President and CEO C/O HAMILTON BANCORP, INC., 501 FAIRMOUNT AVENUE, SUITE 200, TOWSON MD 21286