Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Bowen Coking Coal's Revenue for the
six
months ended in Dec. 2024 was A$181.5 Mil. Bowen Coking Coal's Total Assets for the quarter that ended in Dec. 2024 was A$347.6 Mil. Therefore, Bowen Coking Coal's Asset Turnover for the quarter that ended in Dec. 2024 was 0.52.
Asset Turnover is linked to ROE % through Du Pont Formula. Bowen Coking Coal's annualizedROE % for the quarter that ended in Dec. 2024 was -40.94%. It is also linked to ROA % through Du Pont Formula. Bowen Coking Coal's annualizedROA % for the quarter that ended in Dec. 2024 was -4.99%.
Note:
The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (Dec. 2024) 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:
Bowen Coking Coal's annulizedROA % for the quarter that ended in Dec. 2024 is
Note:
The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (Dec. 2024) 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.
Bowen Coking Coal Asset Turnover Related Terms
Bowen Coking Coal Asset Turnover Historical Data
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The historical data trend for Bowen Coking Coal'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.
ASX:BCB vs HCC, AMR, METC: Asset Turnover Comparison
For the Coking Coal subindustry, Bowen Coking Coal'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.
Bowen Coking Coal Asset Turnover vs Steel Industry
For the Steel industry and Basic Materials sector, Bowen Coking Coal's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Bowen Coking Coal's Asset Turnover falls into.
* 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.
Bowen Coking Coal (ASX:BCB) has a Asset Turnover of 0.52 as of Dec. 2024. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Bowen Coking Coal and its competitors.
Is Bowen Coking Coal's Asset Turnover too high?
Bowen Coking Coal's current Asset Turnover is 0.52.
How does Bowen Coking Coal's Asset Turnover compare to HCC and AMR?
Bowen Coking Coal's Asset Turnover of 0.52 can be compared against companies in the Steel 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 Steel company?
A good Asset Turnover depends on the Steel 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 Bowen Coking Coal and its competitors. Bowen Coking Coal's current Asset Turnover is 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bowen Coking Coal stock overvalued right now?
Bowen Coking Coal (ASX:BCB) has a current Asset Turnover of 0.52. The current Asset Turnover is 0.52. 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 Bowen Coking Coal (ASX:BCB), the current Asset Turnover is 0.52 as of Dec. 2024. 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.
Bowen Coking Coal Ltd is a coking coal exploration company. The firm holds the Broadmeadow East, Hillalong, Isaac River, Cooroorah, and Comet Ridge Coking Coal Projects, Bluff Mine, located in the Bowen Basin in Queensland, Australia. Also, BCB is a joint venture partner in the Lilyvale (15% interest) and Mackenzie (5% interest) Coking Coal Projects. The Group operates in one geographical location being Australia and its operations are organized into two business units being the exploration and development of coal and mining and sale of coal.
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