Nimir Resins (KAR:NRSL) Asset Turnover: 0.00 (As of . 20)

What is Nimir Resins Asset Turnover?

Nimir Resins KAR:NRSL +0.26% Asset Turnover is 0.00 as of . 20.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Nimir Resins's Revenue for the three months ended in . 20 was ₨ Mil. Nimir Resins's Total Assets for the quarter that ended in . 20 was ₨ Mil. Therefore, Nimir Resins's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Nimir Resins's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. Nimir Resins's annualized ROA % for the quarter that ended in . 20 was %.

Nimir Resins (KAR:NRSL) Asset Turnover Explanation

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

Nimir Resins's annulized ROE % for the quarter that ended in . 20 is

	ROE %^**		(Q: . 20 )
=	Net Income	/	Total Stockholders Equity
=		/
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	( / )	*	( / )	*	(/ )
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	%	*		*
=	ROA %	*	Equity Multiplier
=	%	*
=	%

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) 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:

Nimir Resins's annulized ROA % for the quarter that ended in . 20 is

	ROA %		(Q: . 20 )
=	Net Income	/	Total Assets
=		/
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	( / )	*	( / )
=	Net Margin %	*	Asset Turnover
=	%	*
=	%

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) revenue data.

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.

Nimir Resins Asset Turnover Related Terms

Nimir Resins Asset Turnover Historical Data

* Premium members only.

The historical data trend for Nimir Resins's Asset Turnover can be seen below:

Nimir Resins Asset Turnover Chart

Nimir Resins Annual Data

Trend

Asset Turnover

Nimir Resins Quarterly Data

Asset Turnover

KAR:NRSL vs KRBF, ADMT, YTEN: Asset Turnover Comparison

For the Specialty Chemicals subindustry, Nimir Resins'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.

Nimir Resins Asset Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nimir Resins's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Nimir Resins's Asset Turnover falls into.

Save Embed

Nimir Resins Asset Turnover Calculation

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

Nimir Resins'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 )
=		/	( (	+	)	/ )
=		/
=

Nimir Resins's Asset Turnover for the quarter that ended in . 20 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: . 20 )	/	( (Total Assets (Q: . 20 )	+	Total Assets (Q: . 20 ))	/ count )
=		/	( (	+	)	/ )
=		/
=

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?

Nimir Resins (KAR:NRSL) has a Asset Turnover of 0.00 as of . 20. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Nimir Resins and its competitors.

Is Nimir Resins' Asset Turnover too high?

Nimir Resins' current Asset Turnover is 0.00.

How does Nimir Resins' Asset Turnover compare to KRBF and ADMT?

Nimir Resins' 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 Nimir Resins and its competitors. Nimir Resins'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 Nimir Resins stock overvalued right now?

Nimir Resins (KAR:NRSL) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. 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 Nimir Resins (KAR:NRSL), the current Asset Turnover is 0.00 as of . 20. 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.

Nimir Resins Business Description

Industry Basic Materials Chemicals

Comparable Companies KRBF BOM:526159 XKLS:9083 BOM:531253 LSE:ITX BKK:DIMET BOM:514448 BOM:500159 BOM:540395 BOM:506528 BOM:540401 ASX:DTZ BOM:539660 BOM:541778 ADMT YTEN ASX:LER ROCO:4738 LSE:HAYD BOM:507580

Address 122-B, New Muslim Town, Lahore, PB, PAK

Website https://www.nimir.com.pk

Nimir Resins Ltd is a company whose principal activity is to manufacture surface coating resins, polyesters for paint industry, optical brightener and textile auxiliaries for the textile industry. The company operates in various business segments that are Coating. Emulsion, and Blending; Textile and Paper, and Others. The Coating and Emulsion segment generates maximum revenue for the company.