Interlife General Insurance (ATH:INLIF) Asset Turnover: 0.16 (As of Jun. 2024)


ATH:INLIF Interlife General Insurance SA ATH:INLIF
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What is Interlife General Insurance Asset Turnover?

Interlife General Insurance ATH:INLIF +1.15% 4 Asset Turnover is 0.16 as of Jun. 2024. GuruFocus rates ATH:INLIF with a GF Score™ of 4/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Interlife General Insurance's Revenue for the six months ended in Jun. 2024 was €51.4 Mil. Interlife General Insurance's Total Assets for the quarter that ended in Jun. 2024 was €313.7 Mil. Therefore, Interlife General Insurance's Asset Turnover for the quarter that ended in Jun. 2024 was 0.16.

Asset Turnover is linked to ROE % through Du Pont Formula. Interlife General Insurance's annualized ROE % for the quarter that ended in Jun. 2024 was 2.65%. It is also linked to ROA % through Du Pont Formula. Interlife General Insurance's annualized ROA % for the quarter that ended in Jun. 2024 was 1.10%.


Interlife General Insurance  (ATH:INLIF) Asset Turnover Explanation

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

Interlife General Insurance's annulized ROE % for the quarter that ended in Jun. 2024 is

ROE %**(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=3.452/130.373
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3.452 / 102.772)*(102.772 / 313.7445)*(313.7445/ 130.373)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.36 %*0.3276*2.4065
=ROA %*Equity Multiplier
=1.10 %*2.4065
=2.65 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (Jun. 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:

Interlife General Insurance's annulized ROA % for the quarter that ended in Jun. 2024 is

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=3.452/313.7445
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3.452 / 102.772)*(102.772 / 313.7445)
=Net Margin %*Asset Turnover
=3.36 %*0.3276
=1.10 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (Jun. 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.


Interlife General Insurance Asset Turnover Related Terms


Interlife General Insurance Asset Turnover Historical Data

* Premium members only.

The historical data trend for Interlife General Insurance'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.

Interlife General Insurance Asset Turnover Chart

Interlife General Insurance Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 0.38 0.28 0.29 0.23 0.37

Interlife General Insurance Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.16 0.18 0.19 0.16

ATH:INLIF vs BRK.A, AIG, ACGL: Asset Turnover Comparison

For the Insurance - Diversified subindustry, Interlife General Insurance'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.


Interlife General Insurance Asset Turnover vs Insurance Industry

For the Insurance industry and Financial Services sector, Interlife General Insurance's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Interlife General Insurance's Asset Turnover falls into.


ATH:INLIF
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Interlife General Insurance SA ATH:INLIF
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Interlife General Insurance Asset Turnover Calculation

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

Interlife General Insurance'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 )
=105.702/( (271.543+306.222)/ 2 )
=105.702/288.8825
=0.37

Interlife General Insurance's Asset Turnover for the quarter that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=51.386/( (306.222+321.267)/ 2 )
=51.386/313.7445
=0.16

* 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 0.16 mean?
Interlife General Insurance (ATH:INLIF) has a Asset Turnover of 0.16 as of Jun. 2024. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Interlife General Insurance and its competitors.
Is Interlife General Insurance's Asset Turnover too high?
Interlife General Insurance's current Asset Turnover is 0.16. Overall, Interlife General Insurance has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Interlife General Insurance's Asset Turnover compare to BRK.A and AIG?
Interlife General Insurance's Asset Turnover of 0.16 can be compared against companies in the Insurance 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 an Insurance company?
A good Asset Turnover depends on the Insurance 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 Interlife General Insurance and its competitors. Interlife General Insurance's current Asset Turnover is 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Interlife General Insurance stock overvalued right now?
Interlife General Insurance (ATH:INLIF) has a current Asset Turnover of 0.16. The current Asset Turnover is 0.16. Interlife General Insurance's overall GF Score™ is 4/100. 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 Interlife General Insurance (ATH:INLIF), the current Asset Turnover is 0.16 as of Jun. 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.

Interlife General Insurance Business Description

Address 14th Km. NR Thessaloniki - Polygyrou, Thessaloniki, GRC, 57001
Interlife General Insurance SA is a company operating in the insurance sector. It offers a complete range of insurance products and services including car insurance, ship insurance, property insurance, group insurance of persons, legal protection insurance, technical insurance, liability insurance, and transport insurance. The company also offers services for insurance companies including losses from green cards, reimbursement of damages, vehicle damage, transportation, boat, and damage management and settlement.
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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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