Asset Turnover is linked to ROE % through Du Pont Formula. Redwood Monthlyome Fund's annualizedROE % for the quarter that ended in Dec. 2017 was 10.12%. It is also linked to ROA % through Du Pont Formula. Redwood Monthlyome Fund's annualizedROA % for the quarter that ended in Dec. 2017 was 10.06%.
Redwood Monthlyome Fund (OTCPK:BVPIF) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Redwood Monthlyome Fund's annulizedROE % for the quarter that ended in Dec. 2017 is
Note:
The Net Income data used here is two times the semi-annual (Dec. 2017) net income data. The Revenue data used here is two times the semi-annual (Dec. 2017) 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:
Redwood Monthlyome Fund's annulizedROA % for the quarter that ended in Dec. 2017 is
Note:
The Net Income data used here is two times the semi-annual (Dec. 2017) net income data. The Revenue data used here is two times the semi-annual (Dec. 2017) 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.
Redwood Monthlyome Fund Asset Turnover Related Terms
Redwood Monthlyome Fund Asset Turnover Historical 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.
BVPIF vs MDLY, GARS, ICMB: Asset Turnover Comparison
For the Asset Management subindustry, Redwood Monthlyome Fund'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.
Redwood Monthlyome Fund Asset Turnover vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Redwood Monthlyome Fund's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Redwood Monthlyome Fund's Asset Turnover falls into.
* 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.
Redwood Monthlyome Fund (BVPIF) has a Asset Turnover of 0.05 as of Dec. 2017. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Redwood Monthlyome Fund and its competitors.
Is Redwood Monthlyome Fund's Asset Turnover too high?
Redwood Monthlyome Fund's current Asset Turnover is 0.05.
How does Redwood Monthlyome Fund's Asset Turnover compare to MDLY and GARS?
Redwood Monthlyome Fund's Asset Turnover of 0.05 can be compared against companies in the Asset Management 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 Asset Management company?
A good Asset Turnover depends on the Asset Management 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 Redwood Monthlyome Fund and its competitors. Redwood Monthlyome Fund's current Asset Turnover is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redwood Monthlyome Fund stock overvalued right now?
Redwood Monthlyome Fund (BVPIF) has a current Asset Turnover of 0.05. The current Asset Turnover is 0.05. 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 Redwood Monthlyome Fund (BVPIF), the current Asset Turnover is 0.05 as of Dec. 2017. 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.
Redwood Monthly Income Fund is a closed-end investment trust. Its investment objectives are to provide Unitholders with the benefits of a high level of monthly income, together with the opportunity for capital appreciation. The Fund seeks to achieve its Investment Objectives through active asset and sector allocation and by investing in those income-producing securities that the Sub-Advisor believes represent the weighting to achieve the Investment Objectives. The Fund has exposure to a diversified portfolio consisting of income-producing securities, including but not limited to income trusts, dividend-paying common shares, convertible debt, preferred shares and investment-grade fixed income investments.
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