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Matba Rofex Sociedad Anonima (BUE:MTR) Asset Turnover : 0.05 (As of Mar. 2024)


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What is Matba Rofex Sociedad Anonima Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Matba Rofex Sociedad Anonima's Revenue for the three months ended in Mar. 2024 was ARS8,435 Mil. Matba Rofex Sociedad Anonima's Total Assets for the quarter that ended in Mar. 2024 was ARS189,427 Mil. Therefore, Matba Rofex Sociedad Anonima's Asset Turnover for the quarter that ended in Mar. 2024 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. Matba Rofex Sociedad Anonima's annualized ROE % for the quarter that ended in Mar. 2024 was -31.14%. It is also linked to ROA % through Du Pont Formula. Matba Rofex Sociedad Anonima's annualized ROA % for the quarter that ended in Mar. 2024 was -17.16%.


Matba Rofex Sociedad Anonima Asset Turnover Historical Data

The historical data trend for Matba Rofex Sociedad Anonima'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.

Matba Rofex Sociedad Anonima Asset Turnover Chart

Matba Rofex Sociedad Anonima Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.27 0.23 0.22 0.21

Matba Rofex Sociedad Anonima Quarterly Data
Jun19 Sep19 Dec19 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 0.20 -0.33 0.06 0.07 0.05

Competitive Comparison of Matba Rofex Sociedad Anonima's Asset Turnover

For the Financial Data & Stock Exchanges subindustry, Matba Rofex Sociedad Anonima'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.


Matba Rofex Sociedad Anonima's Asset Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Matba Rofex Sociedad Anonima's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Matba Rofex Sociedad Anonima's Asset Turnover falls into.



Matba Rofex Sociedad Anonima Asset Turnover Calculation

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

Matba Rofex Sociedad Anonima's Asset Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=15514.893/( (81188.04+69453.514)/ 2 )
=15514.893/75320.777
=0.21

Matba Rofex Sociedad Anonima'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 )
=8435.44/( (158156.707+220697.844)/ 2 )
=8435.44/189427.2755
=0.04

* 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.


Matba Rofex Sociedad Anonima  (BUE:MTR) Asset Turnover Explanation

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

Matba Rofex Sociedad Anonima's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-32499.848/104354.736
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-32499.848 / 33741.76)*(33741.76 / 189427.2755)*(189427.2755/ 104354.736)
=Net Margin %*Asset Turnover*Equity Multiplier
=-96.32 %*0.1781*1.8152
=ROA %*Equity Multiplier
=-17.16 %*1.8152
=-31.14 %

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:

Matba Rofex Sociedad Anonima's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-32499.848/189427.2755
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-32499.848 / 33741.76)*(33741.76 / 189427.2755)
=Net Margin %*Asset Turnover
=-96.32 %*0.1781
=-17.16 %

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.


Matba Rofex Sociedad Anonima Asset Turnover Related Terms

Thank you for viewing the detailed overview of Matba Rofex Sociedad Anonima's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Matba Rofex Sociedad Anonima (BUE:MTR) Business Description

Traded in Other Exchanges
N/A
Address
Paraguay 777 Piso 15, Rosario, ARG
Matba Rofex Sociedad Anonima is an agricultural futures and options Exchange in Latin America. Approximately, more than 75 members trade futures and options contracts on agricultural commodities using the open outcry system or company's electronic platform. The company registers, guarantees, clears and settles every contract traded at the Exchange. It also offers through Fundación MATba a large number of educational and training programs. These programs cover a range of topics involving derivatives, strategies and back office administration, among others.

Matba Rofex Sociedad Anonima (BUE:MTR) Headlines

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