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JFBC (Jeffersonville Bancorp) Asset Turnover : 0.00 (As of Dec. 2023)


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What is Jeffersonville 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. Jeffersonville Bancorp's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Jeffersonville Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $690.48 Mil. Therefore, Jeffersonville Bancorp's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Jeffersonville Bancorp's annualized ROE % for the quarter that ended in Dec. 2023 was 0.00%. It is also linked to ROA % through Du Pont Formula. Jeffersonville Bancorp's annualized ROA % for the quarter that ended in Dec. 2023 was 0.00%.


Jeffersonville Bancorp Asset Turnover Historical Data

The historical data trend for Jeffersonville 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.

Jeffersonville Bancorp Asset Turnover Chart

Jeffersonville Bancorp 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 0.05 0.04 0.04 0.04 0.04

Jeffersonville Bancorp Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Dec23
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 Jeffersonville Bancorp's Asset Turnover

For the Banks - Regional subindustry, Jeffersonville 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.


Jeffersonville Bancorp's Asset Turnover Distribution in the Banks Industry

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

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


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Jeffersonville Bancorp Asset Turnover Calculation

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

Jeffersonville Bancorp'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 )
=29.227/( (693.027+687.932)/ 2 )
=29.227/690.4795
=0.04

Jeffersonville Bancorp'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: Dec. 2022 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (693.027+687.932)/ 2 )
=0/690.4795
=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.


Jeffersonville Bancorp  (OTCPK:JFBC) Asset Turnover Explanation

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

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

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=0/74.774
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 690.4795)*(690.4795/ 74.774)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*9.2342
=ROA %*Equity Multiplier
=0.00 %*9.2342
=0.00 %

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:

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

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=0/690.4795
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 690.4795)
=Net Margin %*Asset Turnover
= %*0
=0.00 %

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.


Jeffersonville Bancorp Asset Turnover Related Terms

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


Jeffersonville Bancorp Business Description

Traded in Other Exchanges
N/A
Address
4866 State Route 52, P.O. Box 398, Jeffersonville, NY, USA, 12748
Jeffersonville Bancorp is a bank holding company whose principal activity is the ownership of all outstanding shares of the Bank's stock. The Bank is a commercial bank providing community banking services to individuals, small businesses, and local municipal governments in Sullivan County, New York. The services and products include personal checking, business checking, debit cards, credit cards, mortgages, personal loans, business loans, personal and business savings, mobile banking, and business services among others.
Executives
Raymond L Walter director P.O. BOX 398, JEFFERSONVILLE NY 12748
John A Russell officer: Senior Vice President/CFO 26 COLEMAN STREET, PORT JERVIS NY 12771
Wayne V Zanetti officer: Vice President 49 HASTINGS DRIVE, GRAHAMSVILLE NY 12740
Edward T Sykes director P.O. BOX 454, JEFFERSONVILLE NY 12748
James F Roche director 5594 RT. 17B, CALLICOON NY 12723
John K Gempler director P.O. BOX 285, JEFFERSONVILLE NY 12748
Kinne George W Jr officer: SVP/Senior Loan Officer PO BOX 312, 9 MEADOW BROOK LANE, ROSCOE NY 12776-0312
Donald L Knack director PO BOX 446, JEFFERSONVILLE NY 12748
Earle A Wilde director P.O. BOX 386, JEFFERSONVILLE NY 12748
Douglas A Heinle director PO BOX 25, COCHECTON CENTER NY 12727
Kenneth C Klein director 14 ST JOSEPHS ROAD, FORESTBURGH NY 12777
Tatiana C Hahn officer: Senior Vice President/CLO 97 SANDER ROAD, JEFFERSONVILLE NY 12748
Solomon Katzoff director PO BOX 15, LAKE HUNTINGTON NY 12752
Gilbert E Weiss other: Director Emeritus P.O. BOX 398, JEFFERSONVILLE NY 12748
Gibson E Mckean director P.O. BOX 54, HIGHLAND LAKE NY 12743

Jeffersonville Bancorp Headlines

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