GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Siddiqsons Tin Plate Ltd (KAR:STPL) » Definitions » Asset Turnover

Siddiqsons Tin Plate (KAR:STPL) Asset Turnover : 0.00 (As of . 20)


View and export this data going back to 2005. Start your Free Trial

What is Siddiqsons Tin Plate Asset Turnover?

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

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


Siddiqsons Tin Plate Asset Turnover Historical Data

The historical data trend for Siddiqsons Tin Plate'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.

Siddiqsons Tin Plate Asset Turnover Chart

Siddiqsons Tin Plate Annual Data
Trend
Asset Turnover

Siddiqsons Tin Plate Quarterly Data
Asset Turnover

Competitive Comparison of Siddiqsons Tin Plate's Asset Turnover

For the Steel subindustry, Siddiqsons Tin Plate'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.


Siddiqsons Tin Plate's Asset Turnover Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Siddiqsons Tin Plate's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Siddiqsons Tin Plate's Asset Turnover falls into.



Siddiqsons Tin Plate Asset Turnover Calculation

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

Siddiqsons Tin Plate'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 )
=/( (+)/ )
=/
=

Siddiqsons Tin Plate'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 )
=/( (+)/ )
=/
=

* 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.


Siddiqsons Tin Plate  (KAR:STPL) Asset Turnover Explanation

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

Siddiqsons Tin Plate'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:

Siddiqsons Tin Plate's annulized ROA % for the quarter that ended in . 20 is

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.


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.


Siddiqsons Tin Plate Asset Turnover Related Terms

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


Siddiqsons Tin Plate (KAR:STPL) Business Description

Traded in Other Exchanges
N/A
Address
Main Clifton Road, Near 2 Talwar, Ocean Mall and Tower, 27th Floor, G-3, Block 9, Scheme No. 5, Karachi, SD, PAK
Siddiqsons Tin Plate Ltd is engaged in the manufacturing and sales of tin plates, cans, and other steel products. The company products are used in making cans and containers for packaging cooking oil, fruits, foods, vegetables, seafood, beverages, lubricant oil, and others.

Siddiqsons Tin Plate (KAR:STPL) Headlines

No Headlines