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First Capital Securities (KAR:FCSC) Asset Turnover : 0.00 (As of . 20)


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What is First Capital Securities Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. First Capital Securities's Revenue for the three months ended in . 20 was ₨ Mil. First Capital Securities's Total Assets for the quarter that ended in . 20 was ₨ Mil. Therefore, First Capital Securities's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. First Capital Securities's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. First Capital Securities's annualized ROA % for the quarter that ended in . 20 was %.


First Capital Securities Asset Turnover Historical Data

The historical data trend for First Capital Securities'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.

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First Capital Securities Asset Turnover Chart

First Capital Securities Annual Data
Trend
Asset Turnover

First Capital Securities Quarterly Data
Asset Turnover

Competitive Comparison of First Capital Securities's Asset Turnover

For the Engineering & Construction subindustry, First Capital Securities'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.


First Capital Securities's Asset Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, First Capital Securities's Asset Turnover distribution charts can be found below:

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



First Capital Securities Asset Turnover Calculation

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

First Capital Securities's Asset Turnover for the fiscal year that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
=

First Capital Securities's Asset Turnover for the quarter that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
=

* 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.


First Capital Securities  (KAR:FCSC) Asset Turnover Explanation

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

First Capital Securities's annulized ROE % for the quarter that ended in . 20 is

ROE %**(Q: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=( / )*( / )*(/ )
=Net Margin %*Asset Turnover*Equity Multiplier
= %**
=ROA %*Equity Multiplier
= %*
= %

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) 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:

First Capital Securities's annulized ROA % for the quarter that ended in . 20 is

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) 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.


First Capital Securities Asset Turnover Related Terms

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First Capital Securities (KAR:FCSC) Business Description

Traded in Other Exchanges
N/A
Address
2nd Floor, Pace Shopping Mall, Fortress Stadium, Lahore Cantt, Lahore, PB, PAK
First Capital Securities Corp Ltd is an investment holding company. The company's operating segment includes Financial Services; Investment advisory services; and Real Estate. It generates maximum revenue from the Real Estate segment. The Real Estate segment includes the business of construction, development, and other related activities of real estate properties as well as installation and manufacturing of water purification plants, reverse osmosis systems and water softness system. Geographically, it derives a majority of revenue from Pakistan.