Aspire Capital Holding For Financial Investments (CAI:ASPI) Asset Turnover: 0.11 (As of Jun. 2021)

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CAI:ASPI Aspire Capital Holding For Financial Investments CAI:ASPI
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What is Aspire Capital Holding For Financial Investments Asset Turnover?

Aspire Capital Holding For Financial Investments CAI:ASPI +1.29% 8 Asset Turnover is 0.11 as of Jun. 2021. GuruFocus rates CAI:ASPI with a GF Score™ of 8/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Aspire Capital Holding For Financial Investments's Revenue for the three months ended in Jun. 2021 was E£2,242 Mil. Aspire Capital Holding For Financial Investments's Total Assets for the quarter that ended in Jun. 2021 was E£20,245 Mil. Therefore, Aspire Capital Holding For Financial Investments's Asset Turnover for the quarter that ended in Jun. 2021 was 0.11.

Asset Turnover is linked to ROE % through Du Pont Formula. Aspire Capital Holding For Financial Investments's annualized ROE % for the quarter that ended in Jun. 2021 was 8.54%. It is also linked to ROA % through Du Pont Formula. Aspire Capital Holding For Financial Investments's annualized ROA % for the quarter that ended in Jun. 2021 was 3.30%.


Aspire Capital Holding For Financial Investments  (CAI:ASPI) Asset Turnover Explanation

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

Aspire Capital Holding For Financial Investments's annulized ROE % for the quarter that ended in Jun. 2021 is

ROE %**(Q: Jun. 2021 )
=Net Income/Total Stockholders Equity
=667.676/7814.4825
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(667.676 / 8966.576)*(8966.576 / 20244.5405)*(20244.5405/ 7814.4825)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.45 %*0.4429*2.5906
=ROA %*Equity Multiplier
=3.30 %*2.5906
=8.54 %

Note: The Net Income data used here is four times the quarterly (Jun. 2021) net income data. The Revenue data used here is four times the quarterly (Jun. 2021) 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:

Aspire Capital Holding For Financial Investments's annulized ROA % for the quarter that ended in Jun. 2021 is

ROA %(Q: Jun. 2021 )
=Net Income/Total Assets
=667.676/20244.5405
=(Net Income / Revenue)*(Revenue / Total Assets)
=(667.676 / 8966.576)*(8966.576 / 20244.5405)
=Net Margin %*Asset Turnover
=7.45 %*0.4429
=3.30 %

Note: The Net Income data used here is four times the quarterly (Jun. 2021) net income data. The Revenue data used here is four times the quarterly (Jun. 2021) 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.


Aspire Capital Holding For Financial Investments Asset Turnover Related Terms


Aspire Capital Holding For Financial Investments Asset Turnover Historical Data

* Premium members only.

The historical data trend for Aspire Capital Holding For Financial Investments'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.

Aspire Capital Holding For Financial Investments Asset Turnover Chart

Aspire Capital Holding For Financial Investments Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.39 0.37 0.46 0.40

Aspire Capital Holding For Financial Investments Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 0.11 0.09 0.10 0.11 0.11

CAI:ASPI vs MS, SCHW, GS: Asset Turnover Comparison

For the Capital Markets subindustry, Aspire Capital Holding For Financial Investments'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.


Aspire Capital Holding For Financial Investments Asset Turnover vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Aspire Capital Holding For Financial Investments's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Aspire Capital Holding For Financial Investments's Asset Turnover falls into.


CAI:ASPI
8GF Score
Aspire Capital Holding For Financial Investments CAI:ASPI
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Aspire Capital Holding For Financial Investments Asset Turnover Calculation

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

Aspire Capital Holding For Financial Investments's Asset Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=7023.242/( (16073.797+18837.954)/ 2 )
=7023.242/17455.8755
=0.40

Aspire Capital Holding For Financial Investments's Asset Turnover for the quarter that ended in Jun. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2021 )/( (Total Assets (Q: Mar. 2021 )+Total Assets (Q: Jun. 2021 ))/ count )
=2241.644/( (19916.401+20572.68)/ 2 )
=2241.644/20244.5405
=0.11

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.11 mean?
Aspire Capital Holding For Financial Investments (CAI:ASPI) has a Asset Turnover of 0.11 as of Jun. 2021. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Aspire Capital Holding For Financial Investments and its competitors.
Is Aspire Capital Holding For Financial Investments' Asset Turnover too high?
Aspire Capital Holding For Financial Investments' current Asset Turnover is 0.11. Overall, Aspire Capital Holding For Financial Investments has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Aspire Capital Holding For Financial Investments' Asset Turnover compare to MS and SCHW?
Aspire Capital Holding For Financial Investments' Asset Turnover of 0.11 can be compared against companies in the Capital Markets 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 a Capital Markets company?
A good Asset Turnover depends on the Capital Markets 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 Aspire Capital Holding For Financial Investments and its competitors. Aspire Capital Holding For Financial Investments's current Asset Turnover is 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspire Capital Holding For Financial Investments stock overvalued right now?
Aspire Capital Holding For Financial Investments (CAI:ASPI) has a current Asset Turnover of 0.11. The current Asset Turnover is 0.11. Aspire Capital Holding For Financial Investments' overall GF Score™ is 8/100. 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 Aspire Capital Holding For Financial Investments (CAI:ASPI), the current Asset Turnover is 0.11 as of Jun. 2021. 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.

Aspire Capital Holding For Financial Investments Business Description

Address Sheraton Al Matar, El Nozha, Cairo, EGY, 4923+HJQ
Aspire Capital Holding For Financial Investments provides financial services. It offers its services to both retail and institutional investors. It provides brokerage services covering public and private sectors in restructuring, mergers, issuing of equity and debt capital, and market research. It also provides portfolio management services and financial investment consulting and updates.
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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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