GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Central Plains Bancshares Inc (NAS:CPBI) » Definitions » Asset Turnover

Central Plains Bancshares (Central Plains Bancshares) Asset Turnover : 0.00 (As of Sep. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Central Plains Bancshares Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Central Plains Bancshares's Revenue for the six months ended in Sep. 2023 was $0.00 Mil. Central Plains Bancshares's Total Assets for the quarter that ended in Sep. 2023 was $453.92 Mil. Therefore, Central Plains Bancshares's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Central Plains Bancshares's annualized ROE % for the quarter that ended in Sep. 2023 was 9.97%. It is also linked to ROA % through Du Pont Formula. Central Plains Bancshares's annualized ROA % for the quarter that ended in Sep. 2023 was 0.85%.


Central Plains Bancshares Asset Turnover Historical Data

The historical data trend for Central Plains Bancshares'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.

Central Plains Bancshares Asset Turnover Chart

Central Plains Bancshares Annual Data
Trend
Asset Turnover

Central Plains Bancshares Semi-Annual Data
Sep22 Sep23
Asset Turnover - -

Competitive Comparison of Central Plains Bancshares's Asset Turnover

For the Shell Companies subindustry, Central Plains Bancshares'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.


Central Plains Bancshares's Asset Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Central Plains Bancshares's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Central Plains Bancshares's Asset Turnover falls into.



Central Plains Bancshares Asset Turnover Calculation

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

Central Plains Bancshares's Asset Turnover for the fiscal year that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
=

Central Plains Bancshares's Asset Turnover for the quarter that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Sep. 2023 ))/ count )
=0/( (0+453.919)/ 1 )
=0/453.919
=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.


Central Plains Bancshares  (NAS:CPBI) Asset Turnover Explanation

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

Central Plains Bancshares's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=3.838/38.482
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3.838 / 0)*(0 / 453.919)*(453.919/ 38.482)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*11.7956
=ROA %*Equity Multiplier
=0.85 %*11.7956
=9.97 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 2023) 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:

Central Plains Bancshares's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=3.838/453.919
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3.838 / 0)*(0 / 453.919)
=Net Margin %*Asset Turnover
= %*0
=0.85 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 2023) 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.


Central Plains Bancshares Asset Turnover Related Terms

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


Central Plains Bancshares (Central Plains Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
221 South Locust Street, Grand Island, NE, USA, 68001
Central Plains Bancshares Inc is a loan holding company and has not engaged in any business to date.
Executives
Lisa A. Harris officer: EVP and COO 221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801
Tamara L. Slater director 221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801
Kurt A. Haecker officer: EVP and CLO 221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801
Daniel D. Naranjo director 221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801
Kenneth W. Wiemers officer: EVP 221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801
Russell R. Rerucha director 221 SOUTH LOCUST STREET, GRAND ISLAND DC 68801
Joseph P. Stump director 221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801
Steven D. Kunzman director, officer: President & CEO, other: Chairman of the Board 221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801
Bradley M. Kool officer: 1st VP and CFO 221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801
William D. Oltean director 221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801
Brett A. Duff director 221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801

Central Plains Bancshares (Central Plains Bancshares) Headlines

No Headlines