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Monteiro Aranha (BSP:MOAR3) Asset Turnover : 0.00 (As of Dec. 2023)


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What is Monteiro Aranha Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Monteiro Aranha's Revenue for the three months ended in Dec. 2023 was R$0.00 Mil. Monteiro Aranha's Total Assets for the quarter that ended in Dec. 2023 was R$3,079.79 Mil. Therefore, Monteiro Aranha's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Monteiro Aranha's annualized ROE % for the quarter that ended in Dec. 2023 was 49.88%. It is also linked to ROA % through Du Pont Formula. Monteiro Aranha's annualized ROA % for the quarter that ended in Dec. 2023 was 24.61%.


Monteiro Aranha Asset Turnover Historical Data

The historical data trend for Monteiro Aranha'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.

Monteiro Aranha Asset Turnover Chart

Monteiro Aranha Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 -0.07 - - -

Monteiro Aranha Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Monteiro Aranha's Asset Turnover

For the Conglomerates subindustry, Monteiro Aranha'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.


Monteiro Aranha's Asset Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Monteiro Aranha's Asset Turnover distribution charts can be found below:

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



Monteiro Aranha Asset Turnover Calculation

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

Monteiro Aranha's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=0/( (2257.938+2924.103)/ 2 )
=0/2591.0205
=0.00

Monteiro Aranha's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (3235.48+2924.103)/ 2 )
=0/3079.7915
=0.00

* 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.


Monteiro Aranha  (BSP:MOAR3) Asset Turnover Explanation

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

Monteiro Aranha's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=758.068/1519.648
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(758.068 / 0)*(0 / 3079.7915)*(3079.7915/ 1519.648)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*2.0266
=ROA %*Equity Multiplier
=24.61 %*2.0266
=49.88 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (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:

Monteiro Aranha's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=758.068/3079.7915
=(Net Income / Revenue)*(Revenue / Total Assets)
=(758.068 / 0)*(0 / 3079.7915)
=Net Margin %*Asset Turnover
= %*0
=24.61 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (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.


Monteiro Aranha Asset Turnover Related Terms

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Monteiro Aranha (BSP:MOAR3) Business Description

Traded in Other Exchanges
N/A
Address
Av. Afranio de Melo Franco, 290, pav. L2, Room 101-A (Shopping Leblon), Leblon, Rio de Janeiro, RJ, BRA, 22430-060
Monteiro Aranha SA, through its subsidiaries is engaged in financial, real estate and industrial sectors. The company's subsidiaries produce pulp and paper, petrochemicals, glass containers, and telecommunication equipments. It is involved in the manufacture, export, and recycling of paper; and production and sale of wood in logs, as well as offers packaging papers, corrugated packaging, and industrial bags. The company also distributes fuel and LPG; produces ethylene oxide and its derivatives, specialty chemicals, fatty alcohols, and co-products.

Monteiro Aranha (BSP:MOAR3) Headlines

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