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Trematon Capital Investments (JSE:TMT) Asset Turnover : 0.12 (As of Feb. 2024)


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What is Trematon Capital Investments Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Trematon Capital Investments's Revenue for the six months ended in Feb. 2024 was R287.1 Mil. Trematon Capital Investments's Total Assets for the quarter that ended in Feb. 2024 was R2,463.0 Mil. Therefore, Trematon Capital Investments's Asset Turnover for the quarter that ended in Feb. 2024 was 0.12.

Asset Turnover is linked to ROE % through Du Pont Formula. Trematon Capital Investments's annualized ROE % for the quarter that ended in Feb. 2024 was 2.09%. It is also linked to ROA % through Du Pont Formula. Trematon Capital Investments's annualized ROA % for the quarter that ended in Feb. 2024 was 0.67%.


Trematon Capital Investments Asset Turnover Historical Data

The historical data trend for Trematon Capital Investments'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.

Trematon Capital Investments Asset Turnover Chart

Trematon Capital Investments Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.16 0.17 0.20 0.22

Trematon Capital Investments Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 0.10 0.10 0.12 0.11 0.12

Competitive Comparison of Trematon Capital Investments's Asset Turnover

For the Real Estate Services subindustry, Trematon Capital Investments'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.


Trematon Capital Investments's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Trematon Capital Investments's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Trematon Capital Investments's Asset Turnover falls into.



Trematon Capital Investments Asset Turnover Calculation

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

Trematon Capital Investments's Asset Turnover for the fiscal year that ended in Aug. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Aug. 2023 )/( (Total Assets (A: Aug. 2022 )+Total Assets (A: Aug. 2023 ))/ count )
=554.252/( (2501.317+2533.831)/ 2 )
=554.252/2517.574
=0.22

Trematon Capital Investments's Asset Turnover for the quarter that ended in Feb. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Feb. 2024 )/( (Total Assets (Q: Aug. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=287.148/( (2533.831+2392.177)/ 2 )
=287.148/2463.004
=0.12

* 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.


Trematon Capital Investments  (JSE:TMT) Asset Turnover Explanation

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

Trematon Capital Investments's annulized ROE % for the quarter that ended in Feb. 2024 is

ROE %**(Q: Feb. 2024 )
=Net Income/Total Stockholders Equity
=16.59/792.3515
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(16.59 / 574.296)*(574.296 / 2463.004)*(2463.004/ 792.3515)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.89 %*0.2332*3.1085
=ROA %*Equity Multiplier
=0.67 %*3.1085
=2.09 %

Note: The Net Income data used here is two times the semi-annual (Feb. 2024) net income data. The Revenue data used here is two times the semi-annual (Feb. 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:

Trematon Capital Investments's annulized ROA % for the quarter that ended in Feb. 2024 is

ROA %(Q: Feb. 2024 )
=Net Income/Total Assets
=16.59/2463.004
=(Net Income / Revenue)*(Revenue / Total Assets)
=(16.59 / 574.296)*(574.296 / 2463.004)
=Net Margin %*Asset Turnover
=2.89 %*0.2332
=0.67 %

Note: The Net Income data used here is two times the semi-annual (Feb. 2024) net income data. The Revenue data used here is two times the semi-annual (Feb. 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.


Trematon Capital Investments Asset Turnover Related Terms

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Trematon Capital Investments (JSE:TMT) Business Description

Traded in Other Exchanges
N/A
Address
42 Hans Strijdom Avenue, 3rd Floor, Aria North Wharf, Foreshore, Cape Town, WC, ZAF, 8001
Trematon Capital Investments Ltd operates as an investment holding company. The company's operating segment includes Property investments; Education; UK investments and Corporate and other. The company generates maximum revenue from the Property investments segment. The Property investments segment derived income from the sale of investment property and inventory, rental income on investment property, dividend income, and others.

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