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Top Kinisis Travel Public (CYS:TOP) Asset Turnover : 0.00 (As of . 20)


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What is Top Kinisis Travel Public Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Top Kinisis Travel Public's Revenue for the six months ended in . 20 was € Mil. Top Kinisis Travel Public's Total Assets for the quarter that ended in . 20 was € Mil. Therefore, Top Kinisis Travel Public's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Top Kinisis Travel Public's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. Top Kinisis Travel Public's annualized ROA % for the quarter that ended in . 20 was %.


Top Kinisis Travel Public Asset Turnover Historical Data

The historical data trend for Top Kinisis Travel Public'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.

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Top Kinisis Travel Public Asset Turnover Chart

Top Kinisis Travel Public Annual Data
Trend
Asset Turnover

Top Kinisis Travel Public Semi-Annual Data
Asset Turnover

Competitive Comparison of Top Kinisis Travel Public's Asset Turnover

For the Travel Services subindustry, Top Kinisis Travel Public'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.


Top Kinisis Travel Public's Asset Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Top Kinisis Travel Public's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Top Kinisis Travel Public's Asset Turnover falls into.


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Top Kinisis Travel Public Asset Turnover Calculation

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

Top Kinisis Travel Public'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 )
=/( (+)/ )
=/
=

Top Kinisis Travel Public's Asset Turnover for the quarter that ended in . 20 is calculated as

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

* 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.


Top Kinisis Travel Public  (CYS:TOP) Asset Turnover Explanation

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

Top Kinisis Travel Public's annulized ROE % for the quarter that ended in . 20 is

ROE %**(Q: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=( / )*( / )*(/ )
=Net Margin %*Asset Turnover*Equity Multiplier
= %**
=ROA %*Equity Multiplier
= %*
= %

Note: The Net Income data used here is two times the semi-annual (. 20) net income data. The Revenue data used here is two times the semi-annual (. 20) 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:

Top Kinisis Travel Public's annulized ROA % for the quarter that ended in . 20 is

Note: The Net Income data used here is two times the semi-annual (. 20) net income data. The Revenue data used here is two times the semi-annual (. 20) 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.


Top Kinisis Travel Public Asset Turnover Related Terms

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Top Kinisis Travel Public Business Description

Traded in Other Exchanges
N/A
Address
2 Leonidou & Acropoleos Avenue, P.O.Box 27031, Strovolos, Nicosia, CYP, 2007
Top Kinisis Travel Public Ltd is a tour operator engaged in the provision of travel and tourism services as well as organization of conferences in Cyprus and abroad. Its services include hotels, flights, holiday packages, cruises, ferries, car rental, and travel insurance.