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RAPCO Investment PJSC (ADX:RAPCO) Asset Turnover : 0.00 (As of Dec. 2023)


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What is RAPCO Investment PJSC Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. RAPCO Investment PJSC's Revenue for the six months ended in Dec. 2023 was د.إ0.00 Mil. RAPCO Investment PJSC's Total Assets for the quarter that ended in Dec. 2023 was د.إ370.79 Mil. Therefore, RAPCO Investment PJSC's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. RAPCO Investment PJSC's annualized ROE % for the quarter that ended in Dec. 2023 was 9.56%. It is also linked to ROA % through Du Pont Formula. RAPCO Investment PJSC's annualized ROA % for the quarter that ended in Dec. 2023 was 9.12%.


RAPCO Investment PJSC Asset Turnover Historical Data

The historical data trend for RAPCO Investment PJSC'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.

RAPCO Investment PJSC Asset Turnover Chart

RAPCO Investment PJSC 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 0.06 0.05 - - -

RAPCO Investment PJSC Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 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 0.06 0.05 - - -

Competitive Comparison of RAPCO Investment PJSC's Asset Turnover

For the Asset Management subindustry, RAPCO Investment PJSC'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.


RAPCO Investment PJSC's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RAPCO Investment PJSC's Asset Turnover distribution charts can be found below:

* The bar in red indicates where RAPCO Investment PJSC's Asset Turnover falls into.


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RAPCO Investment PJSC Asset Turnover Calculation

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

RAPCO Investment PJSC's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=0/( (377.592+363.979)/ 2 )
=0/370.7855
=0.00

RAPCO Investment PJSC's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (377.592+363.979)/ 2 )
=0/370.7855
=0.00

* 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.


RAPCO Investment PJSC  (ADX:RAPCO) Asset Turnover Explanation

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

RAPCO Investment PJSC's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=33.814/353.6025
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(33.814 / 0)*(0 / 370.7855)*(370.7855/ 353.6025)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0486
=ROA %*Equity Multiplier
=9.12 %*1.0486
=9.56 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 2023) 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:

RAPCO Investment PJSC's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=33.814/370.7855
=(Net Income / Revenue)*(Revenue / Total Assets)
=(33.814 / 0)*(0 / 370.7855)
=Net Margin %*Asset Turnover
= %*0
=9.12 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 2023) 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.


RAPCO Investment PJSC Asset Turnover Related Terms

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RAPCO Investment PJSC Business Description

Traded in Other Exchanges
N/A
Address
Aljazirah Alhamra, P.O. Box 30019, Ras Al Khaimah, ARE
RAPCO Investment PJSC is engaged in commercial, real estate, and agricultural enterprise investment, institution, and management. The company is an investment company with a portfolio spanning across real estate, equity, capital markets, and venture funding. The company focuses on investing in Agritech businesses.

RAPCO Investment PJSC Headlines

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