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:
Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's annulizedROA % for the quarter that ended in Dec. 2023 is
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.
Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Asset Turnover Related Terms
Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Asset Turnover Historical 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.
Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Asset Turnover Chart
Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Annual Data
* 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.
Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Asset Turnover vs Banks Industry
* 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.
Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero (BNZIF) has a Asset Turnover of 0.06 as of Dec. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero and its competitors.
Is Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Asset Turnover too high?
Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's current Asset Turnover is 0.06. Overall, Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Asset Turnover compare to PNC and USB?
Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Asset Turnover of 0.06 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 Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero and its competitors. Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's current Asset Turnover is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero stock overvalued right now?
Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero (BNZIF) has a current Asset Turnover of 0.06. The current Asset Turnover is 0.06. Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's overall GF Score™ is 8/100. 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 Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero (BNZIF), the current Asset Turnover is 0.06 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.
Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Business Description
Banco Invex SA Institucion De Banca Multiple-Invex Grupo Financiero is a Mexican financial institution which delivers specialized solutions. The company's business divisions are Private Banking, Business Banking, Cards, Trust, Infrastructure, and Leasing. The services provided by the company includes provision of banking and credit financial services, transactional and fiduciary services, granting of finance to corporate clients, large and medium-sized businesses through commercial loans, working capital credit lines, and other. It also offers various products such as the issuance of letters of credit, transactions with derivatives, financial counseling, and financial factoring operation.
8GF Score
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