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Jbt Bancorp (Jbt Bancorp) Asset Turnover : 0.01 (As of Sep. 2023)


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What is Jbt Bancorp Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Jbt Bancorp's Revenue for the three months ended in Sep. 2023 was $8.95 Mil. Jbt Bancorp's Total Assets for the quarter that ended in Sep. 2023 was $913.46 Mil. Therefore, Jbt Bancorp's Asset Turnover for the quarter that ended in Sep. 2023 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Jbt Bancorp's annualized ROE % for the quarter that ended in Sep. 2023 was 12.82%. It is also linked to ROA % through Du Pont Formula. Jbt Bancorp's annualized ROA % for the quarter that ended in Sep. 2023 was 1.02%.


Jbt Bancorp Asset Turnover Historical Data

The historical data trend for Jbt Bancorp'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.

Jbt Bancorp Asset Turnover Chart

Jbt Bancorp Annual Data
Trend
Asset Turnover

Jbt Bancorp Quarterly Data
Jun22 Sep22 Jun23 Sep23
Asset Turnover - - - 0.01

Competitive Comparison of Jbt Bancorp's Asset Turnover

For the Banks - Regional subindustry, Jbt Bancorp'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.


Jbt Bancorp's Asset Turnover Distribution in the Banks Industry

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

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



Jbt Bancorp Asset Turnover Calculation

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

Jbt Bancorp'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 )
=/( (+)/ )
=/
=

Jbt Bancorp'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 )
=8.946/( (913.144+913.782)/ 2 )
=8.946/913.463
=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.


Jbt Bancorp  (OTCPK:JBTC) Asset Turnover Explanation

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

Jbt Bancorp's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=9.304/72.5665
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(9.304 / 35.784)*(35.784 / 913.463)*(913.463/ 72.5665)
=Net Margin %*Asset Turnover*Equity Multiplier
=26 %*0.0392*12.5879
=ROA %*Equity Multiplier
=1.02 %*12.5879
=12.82 %

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:

Jbt Bancorp's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=9.304/913.463
=(Net Income / Revenue)*(Revenue / Total Assets)
=(9.304 / 35.784)*(35.784 / 913.463)
=Net Margin %*Asset Turnover
=26 %*0.0392
=1.02 %

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.


Jbt Bancorp Asset Turnover Related Terms

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Jbt Bancorp (Jbt Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
2 West Market Street, P.O. Box 717, Jonestown, PA, USA, 17038
Jbt Bancorp Inc operates under a state bank charter and provides full banking services, including trust services. The company serves small to mid-sized businesses and consumer households fulfilling deposit, loan, and payment needs. It offers personal banking, business banking, online and mobile banking. Further, it is also involved in investment, trust, and retirement-related activities.

Jbt Bancorp (Jbt Bancorp) Headlines

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