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CFM Indosuez Wealth (XPAR:MLCFM) Asset Turnover : 0.02 (As of Dec. 2022)


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What is CFM Indosuez Wealth Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. CFM Indosuez Wealth's Revenue for the six months ended in Dec. 2022 was €160.2 Mil. CFM Indosuez Wealth's Total Assets for the quarter that ended in Dec. 2022 was €6,730.3 Mil. Therefore, CFM Indosuez Wealth's Asset Turnover for the quarter that ended in Dec. 2022 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. CFM Indosuez Wealth's annualized ROE % for the quarter that ended in Dec. 2022 was 23.12%. It is also linked to ROA % through Du Pont Formula. CFM Indosuez Wealth's annualized ROA % for the quarter that ended in Dec. 2022 was 1.29%.


CFM Indosuez Wealth Asset Turnover Historical Data

The historical data trend for CFM Indosuez Wealth'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.

CFM Indosuez Wealth Asset Turnover Chart

CFM Indosuez Wealth Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.02 0.02 0.02 0.03

CFM Indosuez Wealth Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 0.03 0.02 0.02 0.02 0.03

Competitive Comparison of CFM Indosuez Wealth's Asset Turnover

For the Banks - Regional subindustry, CFM Indosuez Wealth'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.


CFM Indosuez Wealth's Asset Turnover Distribution in the Banks Industry

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

* The bar in red indicates where CFM Indosuez Wealth's Asset Turnover falls into.



CFM Indosuez Wealth Asset Turnover Calculation

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

CFM Indosuez Wealth's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=160.177/( (6337.801+7122.815)/ 2 )
=160.177/6730.308
=0.02

CFM Indosuez Wealth's Asset Turnover for the quarter that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Dec. 2022 ))/ count )
=160.177/( (6337.801+7122.815)/ 2 )
=160.177/6730.308
=0.02

* 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.


CFM Indosuez Wealth  (XPAR:MLCFM) Asset Turnover Explanation

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

CFM Indosuez Wealth's annulized ROE % for the quarter that ended in Dec. 2022 is

ROE %**(Q: Dec. 2022 )
=Net Income/Total Stockholders Equity
=86.728/375.19
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(86.728 / 320.354)*(320.354 / 6730.308)*(6730.308/ 375.19)
=Net Margin %*Asset Turnover*Equity Multiplier
=27.07 %*0.0476*17.9384
=ROA %*Equity Multiplier
=1.29 %*17.9384
=23.12 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2022) net income data. The Revenue data used here is two times the semi-annual (Dec. 2022) 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:

CFM Indosuez Wealth's annulized ROA % for the quarter that ended in Dec. 2022 is

ROA %(Q: Dec. 2022 )
=Net Income/Total Assets
=86.728/6730.308
=(Net Income / Revenue)*(Revenue / Total Assets)
=(86.728 / 320.354)*(320.354 / 6730.308)
=Net Margin %*Asset Turnover
=27.07 %*0.0476
=1.29 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2022) net income data. The Revenue data used here is two times the semi-annual (Dec. 2022) 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.


CFM Indosuez Wealth Asset Turnover Related Terms

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CFM Indosuez Wealth (XPAR:MLCFM) Business Description

Traded in Other Exchanges
N/A
Address
11, boulevard Albert 1er, Monaco, MCO, 98000
CFM Indosuez Wealth SA is in the business of wealth management. Its services include tailor-made wealth management recommendations, international investment solutions, precision banking services, credit solutions, special access to Credit Agricole group's expertise and wealth and beyond. The company's product lines are discretionary portfolio management, advisory, direct access, investment funds, structured products, forex and precious metals, private equity, real estate and insurance. Its operations are in Americas, Asia-Pacific, Europe, Middle East and Africa.

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