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SB One Bancorp (SB One Bancorp) Asset Turnover : 0.01 (As of Mar. 2020)


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What is SB One 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. SB One Bancorp's Revenue for the three months ended in Mar. 2020 was $18.86 Mil. SB One Bancorp's Total Assets for the quarter that ended in Mar. 2020 was $2,040.95 Mil. Therefore, SB One Bancorp's Asset Turnover for the quarter that ended in Mar. 2020 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. SB One Bancorp's annualized ROE % for the quarter that ended in Mar. 2020 was 10.41%. It is also linked to ROA % through Du Pont Formula. SB One Bancorp's annualized ROA % for the quarter that ended in Mar. 2020 was 1.01%.


SB One Bancorp Asset Turnover Historical Data

The historical data trend for SB One 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.

SB One Bancorp Asset Turnover Chart

SB One Bancorp Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.04 0.04 0.04

SB One Bancorp Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 SB One Bancorp's Asset Turnover

For the Banks - Regional subindustry, SB One 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.


SB One Bancorp's Asset Turnover Distribution in the Banks Industry

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

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



SB One Bancorp Asset Turnover Calculation

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

SB One Bancorp's Asset Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2019 )/( (Total Assets (A: Dec. 2018 )+Total Assets (A: Dec. 2019 ))/ count )
=73.739/( (1795.703+2001.657)/ 2 )
=73.739/1898.68
=0.04

SB One Bancorp's Asset Turnover for the quarter that ended in Mar. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2020 )/( (Total Assets (Q: Dec. 2019 )+Total Assets (Q: Mar. 2020 ))/ count )
=18.861/( (2001.657+2080.236)/ 2 )
=18.861/2040.9465
=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.


SB One Bancorp  (NAS:SBBX) Asset Turnover Explanation

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

SB One Bancorp's annulized ROE % for the quarter that ended in Mar. 2020 is

ROE %**(Q: Mar. 2020 )
=Net Income/Total Stockholders Equity
=20.512/197.0715
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(20.512 / 75.444)*(75.444 / 2040.9465)*(2040.9465/ 197.0715)
=Net Margin %*Asset Turnover*Equity Multiplier
=27.19 %*0.037*10.3564
=ROA %*Equity Multiplier
=1.01 %*10.3564
=10.41 %

Note: The Net Income data used here is four times the quarterly (Mar. 2020) net income data. The Revenue data used here is four times the quarterly (Mar. 2020) 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:

SB One Bancorp's annulized ROA % for the quarter that ended in Mar. 2020 is

ROA %(Q: Mar. 2020 )
=Net Income/Total Assets
=20.512/2040.9465
=(Net Income / Revenue)*(Revenue / Total Assets)
=(20.512 / 75.444)*(75.444 / 2040.9465)
=Net Margin %*Asset Turnover
=27.19 %*0.037
=1.01 %

Note: The Net Income data used here is four times the quarterly (Mar. 2020) net income data. The Revenue data used here is four times the quarterly (Mar. 2020) 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.


SB One Bancorp Asset Turnover Related Terms

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SB One Bancorp (SB One Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
95 State Route 17, Paramus, NJ, USA, 07652
SB One Bancorp is a bank holding company. The bank acts as an independent community financial services provider and offers traditional banking and related financial services to individual, business, and government customers. It offers a full array of commercial and retail financial services, including the taking of time, savings and demand deposits; the making of commercial, consumer and mortgage loans; and the providing of other financial services. The bank operates its business through two segments, Banking and Financial Services and Insurance Services.
Executives
Anthony J Labozzetta officer: President and CEO SUSSEX BANCORP, 399 ROUTE 23, FRANKLIN NJ 07416
Edward J Leppert director C/O SUSSEX BANCORP, 399 ROUTE 23, FRANKLIN NJ 07416
Robert Mcnerney director C/O SUSSEX BANK, 399 ROUTE 23, FRANKLIN NJ 07416
Vito Giannola officer: SEVP & CBO C/O SUSSEX BANCORP, 399 ROUTE 23, FRANKLIN NJ 07416
Charles A Musilli director C/O SUSSEX BANCORP, 399 ROUTE 23, FRANKLIN NJ 07416