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Middleburg Financial (Middleburg Financial) Asset Turnover : 0.01 (As of Dec. 2016)


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What is Middleburg Financial Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Middleburg Financial's Revenue for the three months ended in Dec. 2016 was $13.53 Mil. Middleburg Financial's Total Assets for the quarter that ended in Dec. 2016 was $1,303.82 Mil. Therefore, Middleburg Financial's Asset Turnover for the quarter that ended in Dec. 2016 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Middleburg Financial's annualized ROE % for the quarter that ended in Dec. 2016 was 3.42%. It is also linked to ROA % through Du Pont Formula. Middleburg Financial's annualized ROA % for the quarter that ended in Dec. 2016 was 0.34%.


Middleburg Financial Asset Turnover Historical Data

The historical data trend for Middleburg Financial'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.

Middleburg Financial Asset Turnover Chart

Middleburg Financial Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.05 0.04 0.04 0.04

Middleburg Financial Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 Middleburg Financial's Asset Turnover

For the Banks - Regional subindustry, Middleburg Financial'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.


Middleburg Financial's Asset Turnover Distribution in the Banks Industry

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

* The bar in red indicates where Middleburg Financial's Asset Turnover falls into.



Middleburg Financial Asset Turnover Calculation

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

Middleburg Financial's Asset Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=49.689/( (1294.863+1272.643)/ 2 )
=49.689/1283.753
=0.04

Middleburg Financial's Asset Turnover for the quarter that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2016 )/( (Total Assets (Q: Sep. 2016 )+Total Assets (Q: Dec. 2016 ))/ count )
=13.532/( (1335.002+1272.643)/ 2 )
=13.532/1303.8225
=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.


Middleburg Financial  (NAS:MBRG) Asset Turnover Explanation

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

Middleburg Financial's annulized ROE % for the quarter that ended in Dec. 2016 is

ROE %**(Q: Dec. 2016 )
=Net Income/Total Stockholders Equity
=4.368/127.7995
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4.368 / 54.128)*(54.128 / 1303.8225)*(1303.8225/ 127.7995)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.07 %*0.0415*10.2021
=ROA %*Equity Multiplier
=0.34 %*10.2021
=3.42 %

Note: The Net Income data used here is four times the quarterly (Dec. 2016) net income data. The Revenue data used here is four times the quarterly (Dec. 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:

Middleburg Financial's annulized ROA % for the quarter that ended in Dec. 2016 is

ROA %(Q: Dec. 2016 )
=Net Income/Total Assets
=4.368/1303.8225
=(Net Income / Revenue)*(Revenue / Total Assets)
=(4.368 / 54.128)*(54.128 / 1303.8225)
=Net Margin %*Asset Turnover
=8.07 %*0.0415
=0.34 %

Note: The Net Income data used here is four times the quarterly (Dec. 2016) net income data. The Revenue data used here is four times the quarterly (Dec. 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.


Middleburg Financial Asset Turnover Related Terms

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


Middleburg Financial (Middleburg Financial) Business Description

Traded in Other Exchanges
N/A
Address
Middleburg Financial Corp., was incorporated under Virginia law in 1993. The Company is a bank holding company that conducts its operations through two wholly owned subsidiaries, Middleburg Bank and Middleburg Investment Group, Inc. The Company has one other wholly owned subsidiary, MFC Capital Trust II, which is a Delaware Business Trust. The Company, through its subsidiaries, offers banking, fiduciary and investment management services to both individuals and small businesses. Middleburg Bank has 12 full service facilities and one limited service facility. Middleburg's services include checking and savings deposit accounts, and the making of business, real estate, development, mortgage, home equity, automobile and other installment, demand and term loans and also offers ATM services. Additional banking services available to the Company's clients include, but are not limited to, Internet banking, travelers' checks, money orders, safe deposit rentals, notary public and wire services. Middleburg Bank has one wholly owned subsidiary, Middleburg Bank Service Corporation, which is a partner in two limited liability companies, Bankers Title Shenandoah, LLC, which sells title insurance through its members, and Bankers Insurance, LLC, which acts as a broker for insurance sales for its member banks. Southern Trust Mortgage offers mortgage banking services to residential borrowers in five states within the southeastern United States. Southern Trust Mortgage operates as Middleburg Mortgage within all of the Company's financial service centers to provide mortgage banking services for the Company's clients. Middleburg Investment Group is a non-bank holding company that offers wealth management services through its subsidiaries and through the investment services department of Middleburg Bank. The Company operates in a decentralized fashion in three principal business activities: retail banking services; wealth management services; and mortgage banking services. Revenue from retail banking activities consists mainly of interest earned on loans and investment securities and service charges on deposit accounts. Revenue from the wealth management activities is comprised mostly of fees based upon the market value of the accounts under administration as well as commissions on investment transactions. The wealth management services are conducted by Middleburg Trust Company and the investment services department of Middleburg Bank. Revenue from the mortgage banking activities is comprised of interest earned on loans and fees received as a result of the mortgage origination process. The Company recognizes gains on the sale of loans as part of other income. The mortgage banking services are conducted by Southern Trust Mortgage. The Company's commercial and retail banking segment faces significant competition for both loans and deposits. Competition for loans comes from commercial banks, savings and loan associations and savings banks, mortgage banking
Executives
Gary Ross Shook director, officer: President 10 COURTHOUSE SQUARE, WARRENTON VA 20188
Jeffrey Culver officer: EVP and COO 111 W WASHINGTON ST, MIDDLEBURG VA 22117
Kathleen J Chappell officer: Sr. Vice President and CFO 111 WEST WASHINGTON STREET, MIDDLEBURG VA 22117

Middleburg Financial (Middleburg Financial) Headlines

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