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HWBK (Hawthorn Bancshares) Asset Turnover : 0.01 (As of Sep. 2024)


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What is Hawthorn 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. Hawthorn Bancshares's Revenue for the three months ended in Sep. 2024 was $18.12 Mil. Hawthorn Bancshares's Total Assets for the quarter that ended in Sep. 2024 was $1,828.79 Mil. Therefore, Hawthorn Bancshares's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Hawthorn Bancshares's annualized ROE % for the quarter that ended in Sep. 2024 was 12.85%. It is also linked to ROA % through Du Pont Formula. Hawthorn Bancshares's annualized ROA % for the quarter that ended in Sep. 2024 was 1.00%.


Hawthorn Bancshares Asset Turnover Historical Data

The historical data trend for Hawthorn 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.

Hawthorn Bancshares Asset Turnover Chart

Hawthorn Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.04 0.04 0.03

Hawthorn Bancshares Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Asset Turnover Get a 7-Day Free Trial 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 0.01

Competitive Comparison of Hawthorn Bancshares's Asset Turnover

For the Banks - Regional subindustry, Hawthorn 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.


Hawthorn Bancshares's Asset Turnover Distribution in the Banks Industry

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

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



Hawthorn Bancshares Asset Turnover Calculation

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

Hawthorn Bancshares'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 )
=55.131/( (1923.54+1875.35)/ 2 )
=55.131/1899.445
=0.03

Hawthorn Bancshares's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=18.118/( (1847.81+1809.769)/ 2 )
=18.118/1828.7895
=0.01

* 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.


Hawthorn Bancshares  (NAS:HWBK) Asset Turnover Explanation

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

Hawthorn Bancshares's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=18.296/142.3575
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(18.296 / 72.472)*(72.472 / 1828.7895)*(1828.7895/ 142.3575)
=Net Margin %*Asset Turnover*Equity Multiplier
=25.25 %*0.0396*12.8465
=ROA %*Equity Multiplier
=1.00 %*12.8465
=12.85 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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:

Hawthorn Bancshares's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=18.296/1828.7895
=(Net Income / Revenue)*(Revenue / Total Assets)
=(18.296 / 72.472)*(72.472 / 1828.7895)
=Net Margin %*Asset Turnover
=25.25 %*0.0396
=1.00 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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.


Hawthorn Bancshares Asset Turnover Related Terms

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


Hawthorn Bancshares Business Description

Traded in Other Exchanges
N/A
Address
132 East High Street, Box 688, Jefferson City, MO, USA, 65102
Hawthorn Bancshares Inc is a financial holding company and along with its subsidiary, it conducts general banking and trust business, offering its customers checking and savings accounts, internet banking, certificates of deposit, trust services, brokerage services, and safety deposit boxes. The company also offers a range of lending services, including commercial and industrial loans, single payment personal loans, installment loans, and commercial and residential real estate loans.
Executives
Jonathan Holtaway director C/O HAWTHORN BANCSHARES, INC., PO BOX 688, JEFFERSON CITY MO 65102-0688
Shawna M. Hettinger director 132 EAST HIGH STREET, BOX 688, JEFFERSON CITY MO 65102
Frank E. Burkhead director C/O HAWTHORN BANCSHARES, INC., PO BOX 688, JEFFERSON CITY MO 65102-0688
Gregg A. Bexten director, officer: PRESIDENT 132 E. HIGH STREET, JEFFERSON CITY MO 65101
Douglas Todd Eden director 13029 SORRENTO WAY,, BRADENTON FL 34211
Brent M Giles director, officer: CHIEF EXECUTIVE OFFICER C/O HAWTHORN BANCSHARES, INC., PO BOX 688, JEFFERSON CITY MO 65102-0688
Jason E Schwartz officer: SR VP/SR CREDIT OFFICER PO BOX 688, JEFFERSON CITY MO 65102-0688
Jonathan L States director 132 EAST HIGH STREET, BOX 688, JEFFERSON CITY MO 65102
Christopher Eugene Hafner officer: Sr. VP/Chief Financial Officer PO BOX 688, JEFFERSON CITY MO 65102-0688
David T Turner director, officer: Chairman, President, CEO C/O HAWTHORN BANK, PO BOX 688, JEFFERSON CITY MO 65102-0688
Philip D Freeman director C/O HAWTHORN BANCSHARES, INC., PO BOX 688, JEFFERSON CITY MO 65102-0688
Stephen Edward Guthrie officer: Senior VP and CFO C/O HAWTHORN BANCSHARES, INC., PO BOX 688, JEFFERSON CITY MO 65102-0688
Kathleen L Bruegenhemke officer: Senior Vice President C/O HAWTHORN BANCSHARES, INC., PO BOX 688, JEFFERSON CITY MO 65102-0688
Kevin L Riley director C/O HAWTHORN BANCSHARES, INC., PO BOX 688, JEFFERSON CITY MO 65102-0688
Wetzel Gus Seitter Iii director C/O HAWTHORN BANCSHARES, INC., PO BOX 688, JEFFERSON CITY MO 65102-0688

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