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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. Investar Holding's Revenue for the three months ended in Dec. 2024 was $22.65 Mil. Investar Holding's Total Assets for the quarter that ended in Dec. 2024 was $2,762.69 Mil. Therefore, Investar Holding's Asset Turnover for the quarter that ended in Dec. 2024 was 0.01.
Asset Turnover is linked to ROE % through Du Pont Formula. Investar Holding's annualized ROE % for the quarter that ended in Dec. 2024 was 10.04%. It is also linked to ROA % through Du Pont Formula. Investar Holding's annualized ROA % for the quarter that ended in Dec. 2024 was 0.88%.
The historical data trend for Investar Holding'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.
Investar Holding Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Asset Turnover | Get a 7-Day Free Trial |
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0.04 | 0.04 | 0.04 | 0.03 | 0.03 |
Investar Holding Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Asset Turnover | Get a 7-Day Free Trial |
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0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
For the Banks - Regional subindustry, Investar Holding'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.
For the Banks industry and Financial Services sector, Investar Holding's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Investar Holding's Asset Turnover falls into.
Asset Turnover measures how quickly a company turns over its asset through sales.
Investar Holding's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as
Asset Turnover | ||||||
= | Revenue | / | Average Total Assets | |||
= | Revenue (A: Dec. 2024 ) | / | ( (Total Assets (A: Dec. 2023 ) | + | Total Assets (A: Dec. 2024 )) | / count ) |
= | 82.409 | / | ( (2815.155 | + | 2722.812) | / 2 ) |
= | 82.409 | / | 2768.9835 | |||
= | 0.03 |
Investar Holding's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as
Asset Turnover | ||||||
= | Revenue | / | Average Total Assets | |||
= | Revenue (Q: Dec. 2024 ) | / | ( (Total Assets (Q: Sep. 2024 ) | + | Total Assets (Q: Dec. 2024 )) | / count ) |
= | 22.646 | / | ( (2802.573 | + | 2722.812) | / 2 ) |
= | 22.646 | / | 2762.6925 | |||
= | 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.
Investar Holding (NAS:ISTR) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Investar Holding's annulized ROE % for the quarter that ended in Dec. 2024 is
ROE %** | (Q: Dec. 2024 ) | ||||
= | Net Income | / | Total Stockholders Equity | ||
= | 24.428 | / | 243.419 | ||
= | (Net Income / Revenue) | * | (Revenue / Total Assets) | * | (Total Assets / Total Stockholders Equity) |
= | (24.428 / 90.584) | * | (90.584 / 2762.6925) | * | (2762.6925/ 243.419) |
= | Net Margin % | * | Asset Turnover | * | Equity Multiplier |
= | 26.97 % | * | 0.0328 | * | 11.3495 |
= | ROA % | * | Equity Multiplier | ||
= | 0.88 % | * | 11.3495 | ||
= | 10.04 % |
Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 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:
Investar Holding's annulized ROA % for the quarter that ended in Dec. 2024 is
ROA % | (Q: Dec. 2024 ) | ||
= | Net Income | / | Total Assets |
= | 24.428 | / | 2762.6925 |
= | (Net Income / Revenue) | * | (Revenue / Total Assets) |
= | (24.428 / 90.584) | * | (90.584 / 2762.6925) |
= | Net Margin % | * | Asset Turnover |
= | 26.97 % | * | 0.0328 |
= | 0.88 % |
Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 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.
Thank you for viewing the detailed overview of Investar Holding's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
John J D'angelo | officer: Chief Executive Officer | 418 PECAN MEADOW DRIVE, BATON ROUGE LA 70810 |
Andrew C Nelson | director | 3235 MCCONNELL DRIVE, BATON ROUGE LA 70809 |
Linda M Crochet | officer: Chief Operations Officer | 10500 COURSEY BLVD, BATON ROUGE LA 70816 |
Anita M Fontenot | director | 217 WORTH AVENUE, LAFAYETTE LA 70508 |
Julio A Melara | director | 18580 SANTA MARIA DRIVE, BATON ROUGE LA 70809 |
James E Yegge | director | 19434 S LAKEWAY AVENUE, BATON ROUGE LA 70810 |
Rose J Hudson | director | 555 LAUREL STREET, BATON ROUGE LA 70801 |
William H Hidalgo | director | 1501 FRONT STREET P O BOX 790, MORGAN CITY LA 70381 |
John R Campbell | officer: Chief Financial Officer | 10500 COURSEY BOULEVARD, BATON ROUGE LA 70816 |
Robert Chris Jordan | director | 204-C EAST MAIN STREET, NEW IBERIA LA 70560 |
Moore Corey E | officer: Chief Accounting Officer | 10500 COURSEY BOULEVARD, BATON ROUGE LA 70816 |
Joffrion Gordon H Iii | director | 10218 VERANDA COURT, BATON ROUGE LA 70810 |
James M Baker | director | 18423 N MISSION HILLS AVENUE, BATON ROUGE LA 70810 |
Jeffrey Wayne Martin | officer: Chief Credit Officer | 10500 COURSEY BLVD, BATON ROUGE LA 70816 |
Suzanne O Middleton | director | 340 LAKE AVENUE, METAIRIE LA 70005 |
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