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Treasure State Bank Mt (Treasure State Bank Mt) Asset Turnover : 0.02 (As of Sep. 2007)


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What is Treasure State Bank Mt Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Treasure State Bank Mt's Revenue for the three months ended in Sep. 2007 was $0.42 Mil. Treasure State Bank Mt's Total Assets for the quarter that ended in Sep. 2007 was $28.83 Mil. Therefore, Treasure State Bank Mt's Asset Turnover for the quarter that ended in Sep. 2007 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Treasure State Bank Mt's annualized ROE % for the quarter that ended in Sep. 2007 was -1.24%. It is also linked to ROA % through Du Pont Formula. Treasure State Bank Mt's annualized ROA % for the quarter that ended in Sep. 2007 was -0.40%.


Treasure State Bank Mt Asset Turnover Historical Data

The historical data trend for Treasure State Bank Mt'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.

Treasure State Bank Mt Asset Turnover Chart

Treasure State Bank Mt Annual Data
Trend
Asset Turnover

Treasure State Bank Mt Quarterly Data
Mar07 Jun07 Sep07
Asset Turnover 0.01 0.02 0.02

Competitive Comparison of Treasure State Bank Mt's Asset Turnover

For the Banks - Regional subindustry, Treasure State Bank Mt'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.


Treasure State Bank Mt's Asset Turnover Distribution in the Banks Industry

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

* The bar in red indicates where Treasure State Bank Mt's Asset Turnover falls into.



Treasure State Bank Mt Asset Turnover Calculation

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

Treasure State Bank Mt'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 )
=/( (+)/ )
=/
=

Treasure State Bank Mt's Asset Turnover for the quarter that ended in Sep. 2007 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2007 )/( (Total Assets (Q: Jun. 2007 )+Total Assets (Q: Sep. 2007 ))/ count )
=0.418/( (22.998+34.652)/ 2 )
=0.418/28.825
=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.


Treasure State Bank Mt  (OTCPK:TRSU) Asset Turnover Explanation

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

Treasure State Bank Mt's annulized ROE % for the quarter that ended in Sep. 2007 is

ROE %**(Q: Sep. 2007 )
=Net Income/Total Stockholders Equity
=-0.116/9.3275
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.116 / 1.672)*(1.672 / 28.825)*(28.825/ 9.3275)
=Net Margin %*Asset Turnover*Equity Multiplier
=-6.94 %*0.058*3.0903
=ROA %*Equity Multiplier
=-0.40 %*3.0903
=-1.24 %

Note: The Net Income data used here is four times the quarterly (Sep. 2007) net income data. The Revenue data used here is four times the quarterly (Sep. 2007) 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:

Treasure State Bank Mt's annulized ROA % for the quarter that ended in Sep. 2007 is

ROA %(Q: Sep. 2007 )
=Net Income/Total Assets
=-0.116/28.825
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.116 / 1.672)*(1.672 / 28.825)
=Net Margin %*Asset Turnover
=-6.94 %*0.058
=-0.40 %

Note: The Net Income data used here is four times the quarterly (Sep. 2007) net income data. The Revenue data used here is four times the quarterly (Sep. 2007) 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.


Treasure State Bank Mt Asset Turnover Related Terms

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Treasure State Bank Mt (Treasure State Bank Mt) Business Description

Traded in Other Exchanges
N/A
Address
Treasure State Bank, a state chartered bank, is headquartered in Missoula, Montana. The Bank was founded in January 2007. The Company's personal and business online banking options offer a complete, full-service, easy-to-use Internet banking experience useful to all its customers. The Bank serves businesses, professionals, non-profit organizations and individuals through customized banking services and products. Additionally, the Bank opened a residential mortgage department. As this department becomes established it would provide non-interest income to supplement the bottom line.

Treasure State Bank Mt (Treasure State Bank Mt) Headlines

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