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FVCBankcorp (FVCBankcorp) Asset Turnover

: 0.00 (As of Dec. 2023)
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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. FVCBankcorp's Revenue for the three months ended in Dec. 2023 was $4.28 Mil. FVCBankcorp's Total Assets for the quarter that ended in Dec. 2023 was $2,248.02 Mil. Therefore, FVCBankcorp's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. FVCBankcorp's annualized ROE % for the quarter that ended in Dec. 2023 was -9.47%. It is also linked to ROA % through Du Pont Formula. FVCBankcorp's annualized ROA % for the quarter that ended in Dec. 2023 was -0.90%.


FVCBankcorp Asset Turnover Historical Data

The historical data trend for FVCBankcorp'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.

FVCBankcorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.03 0.03 0.03 0.02

FVCBankcorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Asset Turnover 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 Premium Member Only Premium Member Only Premium Member Only 0.01 - 0.01 0.01 -

Competitive Comparison

For the Banks - Regional subindustry, FVCBankcorp'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.


FVCBankcorp Asset Turnover Distribution

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

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



FVCBankcorp Asset Turnover Calculation

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

FVCBankcorp's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=42.136/( (2344.322+2190.558)/ 2 )
=42.136/2267.44
=0.02

FVCBankcorp's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=4.283/( (2305.472+2190.558)/ 2 )
=4.283/2248.015
=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.


FVCBankcorp  (NAS:FVCB) Asset Turnover Explanation

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

FVCBankcorp's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-20.28/214.1815
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-20.28 / 17.132)*(17.132 / 2248.015)*(2248.015/ 214.1815)
=Net Margin %*Asset Turnover*Equity Multiplier
=-118.37 %*0.0076*10.4958
=ROA %*Equity Multiplier
=-0.90 %*10.4958
=-9.47 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 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:

FVCBankcorp's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-20.28/2248.015
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-20.28 / 17.132)*(17.132 / 2248.015)
=Net Margin %*Asset Turnover
=-118.37 %*0.0076
=-0.90 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 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.


FVCBankcorp Asset Turnover Related Terms

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FVCBankcorp (FVCBankcorp) Business Description

Traded in Other Exchanges
N/A
Address
11325 Random Hills Road, Suite 240, Fairfax, VA, USA, 22030
FVCBankcorp Inc is a registered bank holding company. It operates primarily through the sole subsidiary, FVCbank which is a community-oriented, locally-owned and managed commercial bank. It offers commercial banking services to small and medium-sized businesses, professionals, non-profit organizations and associations, and investors. It also provides retail banking services to accommodate the individual needs of both corporate customers as well as the communities it serves. The bank provides other facilities such as online banking, mobile banking, remote deposit service and lending products, among others. Its primary source of revenue is the net interest income.
Executives
William G Byers officer: Chief Lending Officer 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
David W Pijor director, officer: Chairman/Chief Executive Offic 11325 RANDOM HILLS RD, STE 240, FAIRFAX VA 22030
Wills Phillip R. Iii director 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
B. Todd Dempsey officer: Chief Operating Officer 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
Lawrence W Schwartz director 11325 RANDOM HILLS RD, STE 240, FAIRFAX VA 22030
Patterson Thomas L /va/ director 11325 RANDOM HILLS RD, STE 240, FAIRFAX VA 22030
Jennifer L Deacon officer: Chief Financial Offier 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
Patricia A Ferrick director, officer: President 6811 HARTWOOD LANE, CENTREVILLE VA 20121
Daniel M. Testa director 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
Scott Laughlin director 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
Devin Satz director 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
Marc N. Duber director 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
Sharon L. Jackson officer: EVP, Chief Deposit Officer 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
Morton A Bender director 11325 RANDOM HILLS ROAD, STE 240, FAIRFAX VA 22030
Meena Krishnan director 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030