BONL (Bonal International) Asset Turnover: 0.93 (As of Mar. 2023)


BONL Bonal International Inc BONL
43 GF Score
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What is Bonal International Asset Turnover?

Bonal International BONL 43 Asset Turnover is 0.93 as of Mar. 2023. GuruFocus rates BONL with a GF Score™ of 43/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Bonal International's Revenue for the six months ended in Mar. 2023 was $1.78 Mil. Bonal International's Total Assets for the quarter that ended in Mar. 2023 was $1.92 Mil. Therefore, Bonal International's Asset Turnover for the quarter that ended in Mar. 2023 was 0.93.

Asset Turnover is linked to ROE % through Du Pont Formula. Bonal International's annualized ROE % for the quarter that ended in Mar. 2023 was 6.19%. It is also linked to ROA % through Du Pont Formula. Bonal International's annualized ROA % for the quarter that ended in Mar. 2023 was 5.32%.

Bonal International  (OTCPK:BONL) Asset Turnover Explanation

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

Bonal International's annulized ROE % for the quarter that ended in Mar. 2023 is

ROE %**(Q: Mar. 2023 )
=Net Income/Total Stockholders Equity
=0.102/1.649
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.102 / 3.554)*(3.554 / 1.9175)*(1.9175/ 1.649)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.87 %*1.8535*1.1628
=ROA %*Equity Multiplier
=5.32 %*1.1628
=6.19 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2023) net income data. The Revenue data used here is two times the semi-annual (Mar. 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:

Bonal International's annulized ROA % for the quarter that ended in Mar. 2023 is

ROA %(Q: Mar. 2023 )
=Net Income/Total Assets
=0.102/1.9175
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.102 / 3.554)*(3.554 / 1.9175)
=Net Margin %*Asset Turnover
=2.87 %*1.8535
=5.32 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2023) net income data. The Revenue data used here is two times the semi-annual (Mar. 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.

Bonal International Asset Turnover Related Terms

Bonal International Asset Turnover Historical Data

* Premium members only.

The historical data trend for Bonal International'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.

Bonal International Asset Turnover Chart

Bonal International Annual Data
Trend Mar21 Mar22 Mar23
Asset Turnover
0.00 0.92 0.93

Bonal International Semi-Annual Data
Mar21 Mar22 Mar23
Asset Turnover 0.00 0.92 0.93

BONL vs BRBL, ATVK, JKSM: Asset Turnover Comparison

For the Specialty Industrial Machinery subindustry, Bonal International'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.

Bonal International Asset Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bonal International's Asset Turnover distribution charts can be found below:

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


BONL
43GF Score
Bonal International Inc BONL
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Bonal International Asset Turnover Calculation

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

Bonal International's Asset Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=1.777/( (1.87+1.965)/ 2 )
=1.777/1.9175
=0.93

Bonal International's Asset Turnover for the quarter that ended in Mar. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2023 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=1.777/( (1.87+1.965)/ 2 )
=1.777/1.9175
=0.93

* 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 0.93 mean?
Bonal International (BONL) has a Asset Turnover of 0.93 as of Mar. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Bonal International and its competitors.
Is Bonal International's Asset Turnover too high?
Bonal International's current Asset Turnover is 0.93. Overall, Bonal International has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Bonal International's Asset Turnover compare to BRBL and ATVK?
Bonal International's Asset Turnover of 0.93 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Asset Turnover depends on the Industrial Products 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 Bonal International and its competitors. Bonal International's current Asset Turnover is 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bonal International stock overvalued right now?
Bonal International (BONL) has a current Asset Turnover of 0.93. The current Asset Turnover is 0.93. Bonal International's overall GF Score™ is 43/100. 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 Bonal International (BONL), the current Asset Turnover is 0.93 as of Mar. 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.

Bonal International Business Description

Address 1300 North Campbell Road, Royal Oak, MI, USA, 48067
Bonal International Inc provides sub-harmonic vibratory technology for metal improvement solutions. The company offers stress relief equipment, pulse puddle arc welding equipment, and distortion controller equipment in the United States. It also provides consulting, training, program design, and mental stress relief services. The company serves automotive, aerospace, mining, petroleum, shipbuilding, welding, machine tools, plastic molding, racing, engine building, armament, and die-casting industries. Geographically operates through the region of the United States.
43GF Score

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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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