ALBY (Community Capital Bancshares) Asset Turnover: 0.01 (As of Dec. 2023)


ALBY Community Capital Bancshares Inc ALBY
12 GF Score
Price $30.66
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What is Community Capital Bancshares Asset Turnover?

Community Capital Bancshares ALBY 12 Asset Turnover is 0.01 as of Dec. 2023. GuruFocus rates ALBY with a GF Score™ of 12/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Community Capital Bancshares's Revenue for the three months ended in Dec. 2023 was $2.78 Mil. Community Capital Bancshares's Total Assets for the quarter that ended in Dec. 2023 was $249.97 Mil. Therefore, Community Capital Bancshares's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Community Capital Bancshares's annualized ROE % for the quarter that ended in Dec. 2023 was 14.74%. It is also linked to ROA % through Du Pont Formula. Community Capital Bancshares's annualized ROA % for the quarter that ended in Dec. 2023 was 1.46%.


Community Capital Bancshares  (OTCPK:ALBY) Asset Turnover Explanation

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

Community Capital Bancshares's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=3.656/24.8
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3.656 / 11.132)*(11.132 / 249.97)*(249.97/ 24.8)
=Net Margin %*Asset Turnover*Equity Multiplier
=32.84 %*0.0445*10.0794
=ROA %*Equity Multiplier
=1.46 %*10.0794
=14.74 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (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:

Community Capital Bancshares's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=3.656/249.97
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3.656 / 11.132)*(11.132 / 249.97)
=Net Margin %*Asset Turnover
=32.84 %*0.0445
=1.46 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (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.


Community Capital Bancshares Asset Turnover Related Terms


Community Capital Bancshares Asset Turnover Historical Data

* Premium members only.

The historical data trend for Community Capital Bancshares'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.

Community Capital Bancshares Asset Turnover Chart

Community Capital Bancshares 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 0.04 0.04 0.03 0.04 0.05

Community Capital Bancshares Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Sep20 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only 0.01 0.01 0.00 0.00 0.01

ALBY vs PNBI, MBBC, BCCB: Asset Turnover Comparison

For the Banks - Regional subindustry, Community Capital Bancshares'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.


Community Capital Bancshares Asset Turnover vs Banks Industry

For the Banks industry and Financial Services sector, Community Capital Bancshares's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Community Capital Bancshares's Asset Turnover falls into.


ALBY
12GF Score
Community Capital Bancshares Inc ALBY
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Community Capital Bancshares Asset Turnover Calculation

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

Community Capital Bancshares'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 )
=11.41/( (256.811+249.97)/ 2 )
=11.41/253.3905
=0.05

Community Capital Bancshares'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: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=2.783/( (0+249.97)/ 1 )
=2.783/249.97
=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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.01 mean?
Community Capital Bancshares (ALBY) has a Asset Turnover of 0.01 as of Dec. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Community Capital Bancshares and its competitors.
Is Community Capital Bancshares' Asset Turnover too high?
Community Capital Bancshares' current Asset Turnover is 0.01. Overall, Community Capital Bancshares has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Community Capital Bancshares' Asset Turnover compare to PNBI and MBBC?
Community Capital Bancshares' Asset Turnover of 0.01 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Banks company?
A good Asset Turnover depends on the Banks industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Community Capital Bancshares and its competitors. Community Capital Bancshares's current Asset Turnover is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Community Capital Bancshares stock overvalued right now?
Community Capital Bancshares (ALBY) has a current Asset Turnover of 0.01. The current Asset Turnover is 0.01. Community Capital Bancshares' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Community Capital Bancshares (ALBY), the current Asset Turnover is 0.01 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Community Capital Bancshares Business Description

Address 2815 Meredyth Drive, P.O. Drawer 71269, Albany, GA, USA, 31707
Community Capital Bancshares Inc is a bank holding company. The Bank provides a full range of banking services to individual and corporate customers in its primary market area of Dougherty County, Georgia.
12GF Score

Get the complete analysis for ALBY

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