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Caribbean Investment Holdings (Caribbean Investment Holdings) Asset Turnover : 0.02 (As of Mar. 2021)


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What is Caribbean Investment Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Caribbean Investment Holdings's Revenue for the six months ended in Mar. 2021 was $17.30 Mil. Caribbean Investment Holdings's Total Assets for the quarter that ended in Mar. 2021 was $743.35 Mil. Therefore, Caribbean Investment Holdings's Asset Turnover for the quarter that ended in Mar. 2021 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Caribbean Investment Holdings's annualized ROE % for the quarter that ended in Mar. 2021 was 24.69%. It is also linked to ROA % through Du Pont Formula. Caribbean Investment Holdings's annualized ROA % for the quarter that ended in Mar. 2021 was 3.90%.


Caribbean Investment Holdings Asset Turnover Historical Data

The historical data trend for Caribbean Investment Holdings'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.

Caribbean Investment Holdings Asset Turnover Chart

Caribbean Investment Holdings Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.07 0.07 0.04 0.06

Caribbean Investment Holdings Semi-Annual Data
Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Mar22
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 0.03 0.04 0.03 0.02 -

Competitive Comparison of Caribbean Investment Holdings's Asset Turnover

For the Banks - Regional subindustry, Caribbean Investment Holdings'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.


Caribbean Investment Holdings's Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Caribbean Investment Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Caribbean Investment Holdings's Asset Turnover falls into.



Caribbean Investment Holdings Asset Turnover Calculation

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

Caribbean Investment Holdings's Asset Turnover for the fiscal year that ended in Mar. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2022 )/( (Total Assets (A: Mar. 2021 )+Total Assets (A: Mar. 2022 ))/ count )
=57.4/( (967.9+1010.2)/ 2 )
=57.4/989.05
=0.06

Caribbean Investment Holdings's Asset Turnover for the quarter that ended in Mar. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2021 )/( (Total Assets (Q: Sep. 2020 )+Total Assets (Q: Mar. 2021 ))/ count )
=17.3/( (518.8+967.9)/ 2 )
=17.3/743.35
=0.02

* 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.


Caribbean Investment Holdings  (OTCPK:BCBHF) Asset Turnover Explanation

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

Caribbean Investment Holdings's annulized ROE % for the quarter that ended in Mar. 2021 is

ROE %**(Q: Mar. 2021 )
=Net Income/Total Stockholders Equity
=29/117.45
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(29 / 34.6)*(34.6 / 743.35)*(743.35/ 117.45)
=Net Margin %*Asset Turnover*Equity Multiplier
=83.82 %*0.0465*6.3291
=ROA %*Equity Multiplier
=3.90 %*6.3291
=24.69 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2021) net income data. The Revenue data used here is two times the semi-annual (Mar. 2021) 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:

Caribbean Investment Holdings's annulized ROA % for the quarter that ended in Mar. 2021 is

ROA %(Q: Mar. 2021 )
=Net Income/Total Assets
=29/743.35
=(Net Income / Revenue)*(Revenue / Total Assets)
=(29 / 34.6)*(34.6 / 743.35)
=Net Margin %*Asset Turnover
=83.82 %*0.0465
=3.90 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2021) net income data. The Revenue data used here is two times the semi-annual (Mar. 2021) 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.


Caribbean Investment Holdings Asset Turnover Related Terms

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Caribbean Investment Holdings (Caribbean Investment Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Craigmuir Chambers, Tortola, Road Town, VGB
Caribbean Investment Holdings Ltd is a holding company. The company's segments include financial services and corporate. Its financial services segment consists of all banking activities and related corporate services for its customers. The Financial Services segment is responsible for the majority of its revenues. It offers products, including lending, traditional savings accounts, term deposits, non-interest bearing and interest-bearing checking accounts, as well as credit and debit cards and offering of payment processing services to merchants.

Caribbean Investment Holdings (Caribbean Investment Holdings) Headlines

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