PT Eterindo Wahanatama Tbk (ISX:ETWA) Asset Turnover: 0.00 (As of Sep. 2023)


ISX:ETWA PT Eterindo Wahanatama Tbk ISX:ETWA
13 GF Score
Price Rp70.00
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What is PT Eterindo Wahanatama Tbk Asset Turnover?

PT Eterindo Wahanatama Tbk ISX:ETWA 13 Asset Turnover is 0.00 as of Sep. 2023. GuruFocus rates ISX:ETWA with a GF Score™ of 13/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. PT Eterindo Wahanatama Tbk's Revenue for the three months ended in Sep. 2023 was Rp6.02 Mil. PT Eterindo Wahanatama Tbk's Total Assets for the quarter that ended in Sep. 2023 was Rp884,811.69 Mil. Therefore, PT Eterindo Wahanatama Tbk's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. PT Eterindo Wahanatama Tbk's annualized ROE % for the quarter that ended in Sep. 2023 was 17.82%. It is also linked to ROA % through Du Pont Formula. PT Eterindo Wahanatama Tbk's annualized ROA % for the quarter that ended in Sep. 2023 was -8.49%.


PT Eterindo Wahanatama Tbk  (ISX:ETWA) Asset Turnover Explanation

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

PT Eterindo Wahanatama Tbk's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-75113.784/-421523.622
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-75113.784 / 24.084)*(24.084 / 884811.6895)*(884811.6895/ -421523.622)
=Net Margin %*Asset Turnover*Equity Multiplier
=-311882.51 %*0*-2.0991
=ROA %*Equity Multiplier
=-8.49 %*-2.0991
=17.82 %

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

PT Eterindo Wahanatama Tbk's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=-75113.784/884811.6895
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-75113.784 / 24.084)*(24.084 / 884811.6895)
=Net Margin %*Asset Turnover
=-311882.51 %*0
=-8.49 %

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


PT Eterindo Wahanatama Tbk Asset Turnover Related Terms


PT Eterindo Wahanatama Tbk Asset Turnover Historical Data

* Premium members only.

The historical data trend for PT Eterindo Wahanatama Tbk'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.

PT Eterindo Wahanatama Tbk Asset Turnover Chart

PT Eterindo Wahanatama Tbk Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Asset Turnover
Get a 7-Day Free Trial 0.02 0.20 0.00 0.00 0.05

PT Eterindo Wahanatama Tbk Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.02 0.00 0.00 0.00 0.00

ISX:ETWA vs DOW, CE: Asset Turnover Comparison

For the Chemicals subindustry, PT Eterindo Wahanatama Tbk'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.


PT Eterindo Wahanatama Tbk Asset Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, PT Eterindo Wahanatama Tbk's Asset Turnover distribution charts can be found below:

* The bar in red indicates where PT Eterindo Wahanatama Tbk's Asset Turnover falls into.


ISX:ETWA
13GF Score
PT Eterindo Wahanatama Tbk ISX:ETWA
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Eterindo Wahanatama Tbk Asset Turnover Calculation

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

PT Eterindo Wahanatama Tbk's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=48306.826/( (1053555.049+895204.453)/ 2 )
=48306.826/974379.751
=0.05

PT Eterindo Wahanatama Tbk's Asset Turnover for the quarter that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=6.021/( (887037.627+882585.752)/ 2 )
=6.021/884811.6895
=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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.00 mean?
PT Eterindo Wahanatama Tbk (ISX:ETWA) has a Asset Turnover of 0.00 as of Sep. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on PT Eterindo Wahanatama Tbk and its competitors.
Is PT Eterindo Wahanatama Tbk's Asset Turnover too high?
PT Eterindo Wahanatama Tbk's current Asset Turnover is 0.00. Overall, PT Eterindo Wahanatama Tbk has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does PT Eterindo Wahanatama Tbk's Asset Turnover compare to DOW and CE?
PT Eterindo Wahanatama Tbk's Asset Turnover of 0.00 can be compared against companies in the Chemicals 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 Chemicals company?
A good Asset Turnover depends on the Chemicals 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 PT Eterindo Wahanatama Tbk and its competitors. PT Eterindo Wahanatama Tbk'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 PT Eterindo Wahanatama Tbk stock overvalued right now?
PT Eterindo Wahanatama Tbk (ISX:ETWA) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. PT Eterindo Wahanatama Tbk's overall GF Score™ is 13/100. 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 PT Eterindo Wahanatama Tbk (ISX:ETWA), the current Asset Turnover is 0.00 as of Sep. 2023. 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.

PT Eterindo Wahanatama Tbk Business Description

Address Jalan Jenderal Sudirman Kav.79, Prudential Tower 20th, Jakarta, IDN, 12910
PT Eterindo Wahanatama Tbk is engaged in integrated Palm Oil Plantation and Biodiesel industry, trading of chemical products. The company offers biodiesel for motor vehicles, steam boilers, oil furnaces, generators; and trades in specialty chemical products, including fatty acid methyl ester and other chemicals. The business segment of the company include FAME, Other Chemicals and Fresh Fruit Bunch. The company makes majority of its revenue from Other Chemicals segment.
13GF Score

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

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