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Antony Waste Handling Cell (BOM:543254) Asset Turnover : 0.14 (As of Mar. 2024)


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What is Antony Waste Handling Cell Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Antony Waste Handling Cell's Revenue for the three months ended in Mar. 2024 was ₹2,102 Mil. Antony Waste Handling Cell's Total Assets for the quarter that ended in Mar. 2024 was ₹14,620 Mil. Therefore, Antony Waste Handling Cell's Asset Turnover for the quarter that ended in Mar. 2024 was 0.14.

Asset Turnover is linked to ROE % through Du Pont Formula. Antony Waste Handling Cell's annualized ROE % for the quarter that ended in Mar. 2024 was 19.18%. It is also linked to ROA % through Du Pont Formula. Antony Waste Handling Cell's annualized ROA % for the quarter that ended in Mar. 2024 was 7.52%.


Antony Waste Handling Cell Asset Turnover Historical Data

The historical data trend for Antony Waste Handling Cell'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.

Antony Waste Handling Cell Asset Turnover Chart

Antony Waste Handling Cell Annual Data
Trend Mar16 Mar17 Mar18 Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
Get a 7-Day Free Trial 0.81 0.63 0.74 0.77 0.64

Antony Waste Handling Cell Quarterly Data
Mar17 Mar18 Jun18 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.16 0.18 0.16 0.16 0.14

Competitive Comparison of Antony Waste Handling Cell's Asset Turnover

For the Waste Management subindustry, Antony Waste Handling Cell'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.


Antony Waste Handling Cell's Asset Turnover Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Antony Waste Handling Cell's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Antony Waste Handling Cell's Asset Turnover falls into.



Antony Waste Handling Cell Asset Turnover Calculation

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

Antony Waste Handling Cell'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 )
=8728.917/( (12584.082+14619.957)/ 2 )
=8728.917/13602.0195
=0.64

Antony Waste Handling Cell's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=2101.791/( (0+14619.957)/ 1 )
=2101.791/14619.957
=0.14

* 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.


Antony Waste Handling Cell  (BOM:543254) Asset Turnover Explanation

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

Antony Waste Handling Cell's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=1100.072/5736.855
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1100.072 / 8407.164)*(8407.164 / 14619.957)*(14619.957/ 5736.855)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.08 %*0.575*2.5484
=ROA %*Equity Multiplier
=7.52 %*2.5484
=19.18 %

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

Antony Waste Handling Cell's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=1100.072/14619.957
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1100.072 / 8407.164)*(8407.164 / 14619.957)
=Net Margin %*Asset Turnover
=13.08 %*0.575
=7.52 %

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


Antony Waste Handling Cell Asset Turnover Related Terms

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Antony Waste Handling Cell (BOM:543254) Business Description

Traded in Other Exchanges
Address
Eastern Express Highway, 1402-1404, 14th Floor, Dev Corpora Building, Opposite Cadbury Company, Thane (West), Thane, MH, IND, 400 601
Antony Waste Handling Cell Ltd is a provider of a full spectrum of municipal solid waste services which includes solid waste collection, transportation, processing, and disposal services across the country, catering to Indian municipalities. The company undertakes municipal solid waste collection and transportation projects, municipal solid waste processing projects, and mechanized sweeping projects. It undertakes projects for the Municipal Corporation of Greater Mumbai, the Navi Mumbai Municipal Corporation, the Thane Municipal Corporation, the North Delhi Municipal Corporation, the Ulhasnagar Municipal Corporation, the Mangalore Municipal Corporation, and the Greater Noida Industrial Development Authority.

Antony Waste Handling Cell (BOM:543254) Headlines

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