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Nations Trust Bank (COL:NTB.N0000) Asset Turnover : 0.02 (As of Dec. 2024)


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What is Nations Trust Bank Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Nations Trust Bank's Revenue for the three months ended in Dec. 2024 was රු9,181 Mil. Nations Trust Bank's Total Assets for the quarter that ended in Dec. 2024 was රු531,790 Mil. Therefore, Nations Trust Bank's Asset Turnover for the quarter that ended in Dec. 2024 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Nations Trust Bank's annualized ROE % for the quarter that ended in Dec. 2024 was 24.45%. It is also linked to ROA % through Du Pont Formula. Nations Trust Bank's annualized ROA % for the quarter that ended in Dec. 2024 was 3.49%.


Nations Trust Bank Asset Turnover Historical Data

The historical data trend for Nations Trust Bank'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.

Nations Trust Bank Asset Turnover Chart

Nations Trust Bank 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 0.06 0.06 0.09 0.09 0.09

Nations Trust Bank 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 0.02 0.02 0.03 0.02 0.02

Competitive Comparison of Nations Trust Bank's Asset Turnover

For the Banks - Regional subindustry, Nations Trust Bank'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.


Nations Trust Bank's Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Nations Trust Bank's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Nations Trust Bank's Asset Turnover falls into.


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Nations Trust Bank Asset Turnover Calculation

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

Nations Trust Bank'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 )
=48399.608/( (516134.384+545585.795)/ 2 )
=48399.608/530860.0895
=0.09

Nations Trust Bank'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 )
=9181.246/( (517993.252+545585.795)/ 2 )
=9181.246/531789.5235
=0.02

* 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.


Nations Trust Bank  (COL:NTB.N0000) Asset Turnover Explanation

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

Nations Trust Bank's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=18540.848/75842.7005
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(18540.848 / 36724.984)*(36724.984 / 531789.5235)*(531789.5235/ 75842.7005)
=Net Margin %*Asset Turnover*Equity Multiplier
=50.49 %*0.0691*7.0117
=ROA %*Equity Multiplier
=3.49 %*7.0117
=24.45 %

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:

Nations Trust Bank's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=18540.848/531789.5235
=(Net Income / Revenue)*(Revenue / Total Assets)
=(18540.848 / 36724.984)*(36724.984 / 531789.5235)
=Net Margin %*Asset Turnover
=50.49 %*0.0691
=3.49 %

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.


Nations Trust Bank Asset Turnover Related Terms

Thank you for viewing the detailed overview of Nations Trust Bank's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Nations Trust Bank Business Description

Traded in Other Exchanges
Address
No. 46/58, Nawam Mawatha, Colombo, LKA, 02
Nations Trust Bank PLC is predominantly engaged in the banking business. Along with its subsidiaries, it operates in the following segments: Corporate Banking, Consumer and Commercial Banking, Treasury and Investment, Insurance Broking, and Property Management. A majority of its revenue is derived from the Consumer and Commercial Banking segment, which is involved in deposit mobilisation from high net worth, mass fluent customer segments, and providing personal financing solutions, including personal loans, home loans, finance leases, and credit card facilities. Additionally, it provides business financing for small and medium enterprises (SMEs) and mid-market enterprises (MMEs). Geographically, the company operates in Sri Lanka.

Nations Trust Bank Headlines

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