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Easy Lease Motor Cycle Rental PRJSC (ADX:EASYLEASE) Asset Turnover : 0.00 (As of . 20)


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What is Easy Lease Motor Cycle Rental PRJSC Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Easy Lease Motor Cycle Rental PRJSC's Revenue for the six months ended in . 20 was د.إ Mil. Easy Lease Motor Cycle Rental PRJSC's Total Assets for the quarter that ended in . 20 was د.إ Mil. Therefore, Easy Lease Motor Cycle Rental PRJSC's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Easy Lease Motor Cycle Rental PRJSC's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. Easy Lease Motor Cycle Rental PRJSC's annualized ROA % for the quarter that ended in . 20 was %.


Easy Lease Motor Cycle Rental PRJSC Asset Turnover Historical Data

The historical data trend for Easy Lease Motor Cycle Rental PRJSC'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.

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Easy Lease Motor Cycle Rental PRJSC Asset Turnover Chart

Easy Lease Motor Cycle Rental PRJSC Annual Data
Trend
Asset Turnover

Easy Lease Motor Cycle Rental PRJSC Semi-Annual Data
Asset Turnover

Competitive Comparison of Easy Lease Motor Cycle Rental PRJSC's Asset Turnover

For the Rental & Leasing Services subindustry, Easy Lease Motor Cycle Rental PRJSC'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.


Easy Lease Motor Cycle Rental PRJSC's Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Easy Lease Motor Cycle Rental PRJSC's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Easy Lease Motor Cycle Rental PRJSC's Asset Turnover falls into.



Easy Lease Motor Cycle Rental PRJSC Asset Turnover Calculation

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

Easy Lease Motor Cycle Rental PRJSC'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 )
=/( (+)/ )
=/
=

Easy Lease Motor Cycle Rental PRJSC's Asset Turnover for the quarter that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
=

* 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.


Easy Lease Motor Cycle Rental PRJSC  (ADX:EASYLEASE) Asset Turnover Explanation

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

Easy Lease Motor Cycle Rental PRJSC's annulized ROE % for the quarter that ended in . 20 is

ROE %**(Q: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=( / )*( / )*(/ )
=Net Margin %*Asset Turnover*Equity Multiplier
= %**
=ROA %*Equity Multiplier
= %*
= %

Note: The Net Income data used here is two times the semi-annual (. 20) net income data. The Revenue data used here is two times the semi-annual (. 20) 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:

Easy Lease Motor Cycle Rental PRJSC's annulized ROA % for the quarter that ended in . 20 is

Note: The Net Income data used here is two times the semi-annual (. 20) net income data. The Revenue data used here is two times the semi-annual (. 20) 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.


Easy Lease Motor Cycle Rental PRJSC Asset Turnover Related Terms

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Easy Lease Motor Cycle Rental PRJSC (ADX:EASYLEASE) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Al Nouf Tower 1004, Deira, P.O. Box 333367, Dubai, ARE
Easy Lease Motor Cycle Rental PRJSC is engaged in the business of motorcycle leasing. It offers a full-service, all-in motorcycle lease where clients pay as they go and not worry about the hassles of maintenance, upkeep, and overheads.

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