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Warren Securities Fundo De Investimento Imobiliario Fii (BSP:WSEC11) Asset Turnover : 0.00 (As of Jun. 2024)


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What is Warren Securities Fundo De Investimento Imobiliario Fii Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Warren Securities Fundo De Investimento Imobiliario Fii's Revenue for the six months ended in Jun. 2024 was R$0.00 Mil. Warren Securities Fundo De Investimento Imobiliario Fii's Total Assets for the quarter that ended in Jun. 2024 was R$24.81 Mil. Therefore, Warren Securities Fundo De Investimento Imobiliario Fii's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Warren Securities Fundo De Investimento Imobiliario Fii's annualized ROE % for the quarter that ended in Jun. 2024 was 0.00%. It is also linked to ROA % through Du Pont Formula. Warren Securities Fundo De Investimento Imobiliario Fii's annualized ROA % for the quarter that ended in Jun. 2024 was 0.00%.


Warren Securities Fundo De Investimento Imobiliario Fii Asset Turnover Historical Data

The historical data trend for Warren Securities Fundo De Investimento Imobiliario Fii'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.

Warren Securities Fundo De Investimento Imobiliario Fii Asset Turnover Chart

Warren Securities Fundo De Investimento Imobiliario Fii Annual Data
Trend Jun23 Jun24
Asset Turnover
- -

Warren Securities Fundo De Investimento Imobiliario Fii Semi-Annual Data
Jun23 Jun24
Asset Turnover - -

Competitive Comparison of Warren Securities Fundo De Investimento Imobiliario Fii's Asset Turnover

For the REIT - Specialty subindustry, Warren Securities Fundo De Investimento Imobiliario Fii'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.


Warren Securities Fundo De Investimento Imobiliario Fii's Asset Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Warren Securities Fundo De Investimento Imobiliario Fii's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Warren Securities Fundo De Investimento Imobiliario Fii's Asset Turnover falls into.



Warren Securities Fundo De Investimento Imobiliario Fii Asset Turnover Calculation

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

Warren Securities Fundo De Investimento Imobiliario Fii's Asset Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2024 )/( (Total Assets (A: Jun. 2023 )+Total Assets (A: Jun. 2024 ))/ count )
=0/( (24.735+24.89)/ 2 )
=0/24.8125
=0.00

Warren Securities Fundo De Investimento Imobiliario Fii's Asset Turnover for the quarter that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=0/( (24.735+24.89)/ 2 )
=0/24.8125
=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.


Warren Securities Fundo De Investimento Imobiliario Fii  (BSP:WSEC11) Asset Turnover Explanation

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

Warren Securities Fundo De Investimento Imobiliario Fii's annulized ROE % for the quarter that ended in Jun. 2024 is

ROE %**(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=0/24.783
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 24.8125)*(24.8125/ 24.783)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0012
=ROA %*Equity Multiplier
=0.00 %*1.0012
=0.00 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (Jun. 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:

Warren Securities Fundo De Investimento Imobiliario Fii's annulized ROA % for the quarter that ended in Jun. 2024 is

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=0/24.8125
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 24.8125)
=Net Margin %*Asset Turnover
= %*0
=0.00 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (Jun. 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.


Warren Securities Fundo De Investimento Imobiliario Fii Asset Turnover Related Terms

Thank you for viewing the detailed overview of Warren Securities Fundo De Investimento Imobiliario Fii's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Warren Securities Fundo De Investimento Imobiliario Fii Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Avenida Osvaldo Aranha, 720, 2nd Floor, Porto Alegre, RS, BRA, 90035-191
Warren Securities Fundo De Investimento Imobiliario Fii is a real estate investment trust. The objective of the fund is to obtain income and capital gain, through the realization of long-term real estate investments, aiming at the appreciation and profitability of its Shares, through investments of at least 2/3 (two-thirds) of the fund's net equity in Target Assets.

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