MIDAS Financing (DHA:MIDASFIN) Asset Turnover: 0.00 (As of . 20)


DHA:MIDASFIN MIDAS Financing PLC DHA:MIDASFIN
11 GF Score
Price BDT6.50
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What is MIDAS Financing Asset Turnover?

MIDAS Financing DHA:MIDASFIN +4.84% 11 Asset Turnover is 0.00 as of . 20. GuruFocus rates DHA:MIDASFIN with a GF Score™ of 11/100.

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

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

MIDAS Financing  (DHA:MIDASFIN) Asset Turnover Explanation

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

MIDAS Financing'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:

MIDAS Financing's annulized ROA % for the quarter that ended in . 20 is

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

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.

MIDAS Financing Asset Turnover Related Terms

MIDAS Financing Asset Turnover Historical Data

* Premium members only.

The historical data trend for MIDAS Financing'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.

MIDAS Financing Asset Turnover Chart

MIDAS Financing Annual Data
Trend
Asset Turnover

MIDAS Financing Semi-Annual Data
Asset Turnover

DHA:MIDASFIN vs DHCPQ: Asset Turnover Comparison

For the Credit Services subindustry, MIDAS Financing'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.

MIDAS Financing Asset Turnover vs Credit Services Industry

For the Credit Services industry and Financial Services sector, MIDAS Financing's Asset Turnover distribution charts can be found below:

* The bar in red indicates where MIDAS Financing's Asset Turnover falls into.


DHA:MIDASFIN
11GF Score
MIDAS Financing PLC DHA:MIDASFIN
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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MIDAS Financing Asset Turnover Calculation

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

MIDAS Financing'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 )
=/( (+)/ )
=/
=

MIDAS Financing'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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.00 mean?
MIDAS Financing (DHA:MIDASFIN) has a Asset Turnover of 0.00 as of . 20. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on MIDAS Financing and its competitors.
Is MIDAS Financing's Asset Turnover too high?
MIDAS Financing's current Asset Turnover is 0.00. Overall, MIDAS Financing has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does MIDAS Financing's Asset Turnover compare to DHCPQ?
MIDAS Financing's Asset Turnover of 0.00 can be compared against companies in the Credit Services 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 Credit Services company?
A good Asset Turnover depends on the Credit Services 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 MIDAS Financing and its competitors. MIDAS Financing's current Asset Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MIDAS Financing stock overvalued right now?
MIDAS Financing (DHA:MIDASFIN) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. MIDAS Financing's overall GF Score™ is 11/100. 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 MIDAS Financing (DHA:MIDASFIN), the current Asset Turnover is 0.00 as of . 20. 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.

MIDAS Financing Business Description

Address Road No. 16 (New), 27 (Old), MIDAS Center, House No.05, Dhanmondi R/A, Dhaka, BGD, 1209
MIDAS Financing PLC operates as a financial Institution in Bangladesh. It provides financial services such as small and medium enterprise (SME) finance, lease finance, auto finance, term finance, micro industries finance, consumers finance, housing finance, loan against lien of securities and others.
11GF Score

Get the complete analysis for DHA:MIDASFIN

Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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