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Nettlinx (BOM:511658) Asset Turnover : 0.11 (As of Dec. 2024)


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What is Nettlinx Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Nettlinx's Revenue for the three months ended in Dec. 2024 was ₹89.6 Mil. Nettlinx's Total Assets for the quarter that ended in Dec. 2024 was ₹850.3 Mil. Therefore, Nettlinx's Asset Turnover for the quarter that ended in Dec. 2024 was 0.11.

Asset Turnover is linked to ROE % through Du Pont Formula. Nettlinx's annualized ROE % for the quarter that ended in Dec. 2024 was 52.31%. It is also linked to ROA % through Du Pont Formula. Nettlinx's annualized ROA % for the quarter that ended in Dec. 2024 was 31.57%.


Nettlinx Asset Turnover Historical Data

The historical data trend for Nettlinx'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.

Nettlinx Asset Turnover Chart

Nettlinx Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.49 0.55 0.33 0.45

Nettlinx Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.09 0.15 0.09 0.09 0.11

Competitive Comparison of Nettlinx's Asset Turnover

For the Telecom Services subindustry, Nettlinx'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.


Nettlinx's Asset Turnover Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Nettlinx's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Nettlinx's Asset Turnover falls into.


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Nettlinx Asset Turnover Calculation

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

Nettlinx's Asset Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=327.493/( (665.102+807.253)/ 2 )
=327.493/736.1775
=0.44

Nettlinx's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=89.631/( (850.294+0)/ 1 )
=89.631/850.294
=0.11

* 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.


Nettlinx  (BOM:511658) Asset Turnover Explanation

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

Nettlinx's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=268.424/513.133
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(268.424 / 358.524)*(358.524 / 850.294)*(850.294/ 513.133)
=Net Margin %*Asset Turnover*Equity Multiplier
=74.87 %*0.4216*1.6571
=ROA %*Equity Multiplier
=31.57 %*1.6571
=52.31 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (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:

Nettlinx's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=268.424/850.294
=(Net Income / Revenue)*(Revenue / Total Assets)
=(268.424 / 358.524)*(358.524 / 850.294)
=Net Margin %*Asset Turnover
=74.87 %*0.4216
=31.57 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (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.


Nettlinx Asset Turnover Related Terms

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Nettlinx Business Description

Traded in Other Exchanges
N/A
Address
Secretariat Road, 5-9-22, 3rd Floor, Flat No. 303, My Home Sarovar Plaza, Saifabad, Hyderabad, TG, IND, 500063
Nettlinx Ltd is an Indian-based company engaged in the telecom service business sector. The company offers a range of network solutions like the Internet, Network Management Services, Data Centre and Co-location Services, and Enterprise Mailing Solutions and derives revenues in the form of sale of products, sale of Voice Over Internet Protocol Telephones, Bandwidth Services, Web Solutions, and Information Technology Enabled Services(ITeS) export. Its connectivity services support live video streaming, mailing, and web services across multi-location enterprises, including print and electronic media, financial institutes, manufacturing units, healthcare, and the hotel industry. In terms of revenue, the company gets maximum revenue from the sale of bandwidth services.

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