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Meghna Life Insurance Co (DHA:MEGHNALIFE) Asset Turnover : 0.00 (As of . 20)


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What is Meghna Life Insurance Co Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Meghna Life Insurance Co's Revenue for the six months ended in . 20 was BDT Mil. Meghna Life Insurance Co's Total Assets for the quarter that ended in . 20 was BDT Mil. Therefore, Meghna Life Insurance Co's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Meghna Life Insurance Co's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. Meghna Life Insurance Co's annualized ROA % for the quarter that ended in . 20 was %.


Meghna Life Insurance Co Asset Turnover Historical Data

The historical data trend for Meghna Life Insurance Co'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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Meghna Life Insurance Co Asset Turnover Chart

Meghna Life Insurance Co Annual Data
Trend
Asset Turnover

Meghna Life Insurance Co Semi-Annual Data
Asset Turnover

Competitive Comparison of Meghna Life Insurance Co's Asset Turnover

For the Insurance - Life subindustry, Meghna Life Insurance Co'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.


Meghna Life Insurance Co's Asset Turnover Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Meghna Life Insurance Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Meghna Life Insurance Co's Asset Turnover falls into.



Meghna Life Insurance Co Asset Turnover Calculation

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

Meghna Life Insurance Co'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 )
=/( (+)/ )
=/
=

Meghna Life Insurance Co'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.


Meghna Life Insurance Co  (DHA:MEGHNALIFE) Asset Turnover Explanation

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

Meghna Life Insurance Co'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:

Meghna Life Insurance Co'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.


Meghna Life Insurance Co Asset Turnover Related Terms

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Meghna Life Insurance Co Business Description

Traded in Other Exchanges
N/A
Address
Toyenbee Circular Road, Meghna Life-Karnaphuli Bima Bhaban, 11/B & 11/D, Motijheel C/A, Dhaka, BGD, 1000
Meghna Life Insurance Co Ltd provides life insurance services in Bangladesh. It offers policies in different categories, including ordinary life, group insurance, Loko Bima, Islami Bima, and others.

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