Noble Investments (UK) (LSE:NBL) Asset Turnover : 0.30 (As of Feb. 2013)

Noble Investments (UK) Asset Turnover Chart

Noble Investments (UK) Annual Data
	Trend	Aug03	Aug04	Aug05	Aug06	Aug07	Aug08	Aug09	Aug10	Aug11	Aug12
Asset Turnover		Get a 7-Day Free Trial					0.62	0.71	0.84	0.73	0.63

Noble Investments (UK) Semi-Annual Data
	Aug03	Feb04	Aug04	Feb05	Aug05	Feb06	Aug06	Feb07	Aug07	Feb08	Aug08	Feb09	Aug09	Feb10	Aug10	Feb11	Aug11	Feb12	Aug12	Feb13
Asset Turnover	Get a 7-Day Free Trial															-	-	0.35	0.25	0.30

Competitive Comparison of Noble Investments (UK)'s Asset Turnover

For the Specialty Business Services subindustry, Noble Investments (UK)'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.

Noble Investments (UK)'s Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Noble Investments (UK)'s Asset Turnover distribution charts can be found below:

* The bar in red indicates where Noble Investments (UK)'s Asset Turnover falls into.

Noble Investments (UK) Asset Turnover Calculation

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

Noble Investments (UK)'s Asset Turnover for the fiscal year that ended in Aug. 2012 is calculated as

Noble Investments (UK)'s Asset Turnover for the quarter that ended in Feb. 2013 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.

Noble Investments (UK)  (LSE:NBL) Asset Turnover Explanation

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

Noble Investments (UK)'s annulized ROE % for the quarter that ended in Feb. 2013 is

Note: The Net Income data used here is two times the semi-annual (Feb. 2013) net income data. The Revenue data used here is two times the semi-annual (Feb. 2013) 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:

Noble Investments (UK)'s annulized ROA % for the quarter that ended in Feb. 2013 is

Note: The Net Income data used here is two times the semi-annual (Feb. 2013) net income data. The Revenue data used here is two times the semi-annual (Feb. 2013) 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.

Noble Investments (UK) Asset Turnover Related Terms

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Noble Investments (UK) (LSE:NBL) Business Description