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RNI Negocios Imobiliarios (BSP:RDNI3) Asset Turnover : 0.06 (As of Dec. 2024)


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What is RNI Negocios Imobiliarios Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. RNI Negocios Imobiliarios's Revenue for the three months ended in Dec. 2024 was R$92.9 Mil. RNI Negocios Imobiliarios's Total Assets for the quarter that ended in Dec. 2024 was R$1,637.4 Mil. Therefore, RNI Negocios Imobiliarios's Asset Turnover for the quarter that ended in Dec. 2024 was 0.06.

Asset Turnover is linked to ROE % through Du Pont Formula. RNI Negocios Imobiliarios's annualized ROE % for the quarter that ended in Dec. 2024 was -73.60%. It is also linked to ROA % through Du Pont Formula. RNI Negocios Imobiliarios's annualized ROA % for the quarter that ended in Dec. 2024 was -13.29%.


RNI Negocios Imobiliarios Asset Turnover Historical Data

The historical data trend for RNI Negocios Imobiliarios'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.

RNI Negocios Imobiliarios Asset Turnover Chart

RNI Negocios Imobiliarios Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.27 0.32 0.19 0.31

RNI Negocios Imobiliarios 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 - 0.08 0.07 0.10 0.06

Competitive Comparison of RNI Negocios Imobiliarios's Asset Turnover

For the Real Estate - Development subindustry, RNI Negocios Imobiliarios'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.


RNI Negocios Imobiliarios's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, RNI Negocios Imobiliarios's Asset Turnover distribution charts can be found below:

* The bar in red indicates where RNI Negocios Imobiliarios's Asset Turnover falls into.


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RNI Negocios Imobiliarios Asset Turnover Calculation

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

RNI Negocios Imobiliarios's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=541.312/( (1924.679+1613.887)/ 2 )
=541.312/1769.283
=0.31

RNI Negocios Imobiliarios'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 )
=92.865/( (1660.837+1613.887)/ 2 )
=92.865/1637.362
=0.06

* 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.


RNI Negocios Imobiliarios  (BSP:RDNI3) Asset Turnover Explanation

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

RNI Negocios Imobiliarios's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-217.616/295.655
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-217.616 / 371.46)*(371.46 / 1637.362)*(1637.362/ 295.655)
=Net Margin %*Asset Turnover*Equity Multiplier
=-58.58 %*0.2269*5.5381
=ROA %*Equity Multiplier
=-13.29 %*5.5381
=-73.60 %

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:

RNI Negocios Imobiliarios's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-217.616/1637.362
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-217.616 / 371.46)*(371.46 / 1637.362)
=Net Margin %*Asset Turnover
=-58.58 %*0.2269
=-13.29 %

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.


RNI Negocios Imobiliarios Asset Turnover Related Terms

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RNI Negocios Imobiliarios Business Description

Traded in Other Exchanges
N/A
Address
Avenida Francisco das Chagas de Oliveira, nº 2.500, Higienopolis, Sao Jose Do Rio Preto, SP, BRA, 15085-485
RNI Negocios Imobiliarios SA is in the purchase and sale of real estate. It also engages in parceling or plotting of land; development of real estate and construction of properties for sale; and provision of third-party services. The company operates in several real estate segments, always prioritizing the ideals of social responsibility and sustainability, and aims to offer high-quality projects that provide comfort and well-being with security. The Company has a portfolio that serves 3 different product lines Moradas, Terra Nova and Stillo.

RNI Negocios Imobiliarios Headlines

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