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Polonia Bancorp (Polonia Bancorp) Asset Turnover : 0.01 (As of Dec. 2015)


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What is Polonia 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. Polonia Bancorp's Revenue for the three months ended in Dec. 2015 was $1.74 Mil. Polonia Bancorp's Total Assets for the quarter that ended in Dec. 2015 was $289.16 Mil. Therefore, Polonia Bancorp's Asset Turnover for the quarter that ended in Dec. 2015 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Polonia Bancorp's annualized ROE % for the quarter that ended in Dec. 2015 was -4.85%. It is also linked to ROA % through Du Pont Formula. Polonia Bancorp's annualized ROA % for the quarter that ended in Dec. 2015 was -0.65%.


Polonia Bancorp Asset Turnover Historical Data

The historical data trend for Polonia 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.

Polonia Bancorp Asset Turnover Chart

Polonia Bancorp Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.04 0.05 0.04 0.04

Polonia Bancorp Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 Polonia Bancorp's Asset Turnover

For the Banks - Regional subindustry, Polonia 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.


Polonia Bancorp's Asset Turnover Distribution in the Banks Industry

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

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



Polonia Bancorp Asset Turnover Calculation

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

Polonia Bancorp's Asset Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2015 )/( (Total Assets (A: Dec. 2014 )+Total Assets (A: Dec. 2015 ))/ count )
=11.19/( (308.35+291.611)/ 2 )
=11.19/299.9805
=0.04

Polonia Bancorp's Asset Turnover for the quarter that ended in Dec. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2015 )/( (Total Assets (Q: Sep. 2015 )+Total Assets (Q: Dec. 2015 ))/ count )
=1.735/( (286.712+291.611)/ 2 )
=1.735/289.1615
=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.


Polonia Bancorp  (OTCBB:PBCP) Asset Turnover Explanation

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

Polonia Bancorp's annulized ROE % for the quarter that ended in Dec. 2015 is

ROE %**(Q: Dec. 2015 )
=Net Income/Total Stockholders Equity
=-1.88/38.7265
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.88 / 6.94)*(6.94 / 289.1615)*(289.1615/ 38.7265)
=Net Margin %*Asset Turnover*Equity Multiplier
=-27.09 %*0.024*7.4668
=ROA %*Equity Multiplier
=-0.65 %*7.4668
=-4.85 %

Note: The Net Income data used here is four times the quarterly (Dec. 2015) net income data. The Revenue data used here is four times the quarterly (Dec. 2015) 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:

Polonia Bancorp's annulized ROA % for the quarter that ended in Dec. 2015 is

ROA %(Q: Dec. 2015 )
=Net Income/Total Assets
=-1.88/289.1615
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.88 / 6.94)*(6.94 / 289.1615)
=Net Margin %*Asset Turnover
=-27.09 %*0.024
=-0.65 %

Note: The Net Income data used here is four times the quarterly (Dec. 2015) net income data. The Revenue data used here is four times the quarterly (Dec. 2015) 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.


Polonia Bancorp Asset Turnover Related Terms

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


Polonia Bancorp (Polonia Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
Polonia Bancorp Inc is a Maryland corporation that was incorporated in August 2011. The Company is headquartered in Huntingdon Valley and operates as a community-oriented financial institution dedicated to serving the financial services needs of consumers and businesses within its market areas. The Bank is engaged mainly in the business of attracting deposits from the general public and using using such funds to originate loans. Polonia Bank also maintains an investment portfolio. Polonia Bank's primary federal regulator is the Office of the Comptroller of the Currency (OCC). Its loan portfolio consists of one- to four-family residential real estate loans, multi-family and nonresidential real estate loans, home equity loans, commercial loans and consumer loans. Currently, it offers only fixed-rate mortgage products. The one- to four-family residential real estate loans are normally originated with up to 30-year terms, such loans typically remain outstanding for substantially shorter periods because borrowers often prepay their loans in full upon sale of the property pledged as security or upon refinancing the original loan. The multi-family and nonresidential real estate loans are generally secured by apartment buildings, small office buildings and owner-occupied properties. It offers loans with adjustable interest rates tied to a market index in its market area. It offers consumer loans in the form of loans secured by savings accounts or time deposits. The Company has the legal authority to invest in various types of liquid assets, including U.S. Treasury obligations, securities of various federal agencies and municipal governments, corporate securities, mortgage-backed securities, deposits at the FHLB of Pittsburgh and time deposits of federally insured institutions. The Company faces competition for the attraction of deposits and origination of loans. The Company's direct competition for deposits has historically come from the several financial institutions operating in its market areas and, to a lesser extent, from other financial service companies such as brokerage firms, credit unions and insurance companies. The Company is subject to regulation, supervision and examination by the Federal Reserve Board and the OCC, its main federal regulator, and by the FDIC, as insurer of its deposits.
Executives
Kevin J Gallagher officer: Chief Lending Officer of Sub 3993 HUNTINGDON PIKE, 3RD FLOOR HUNTINGDON VALLEY PA 19006
Joseph Svetik director, officer: President and CEO 200 PALMER STREET, STROUDSBURG PA 18360

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