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Pacifico Compania de Seguros y Reaseguros (LIM:PACIFIC1) Asset Turnover : 0.24 (As of Dec. 2020)


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What is Pacifico Compania de Seguros y Reaseguros Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Pacifico Compania de Seguros y Reaseguros's Revenue for the six months ended in Dec. 2020 was S/.3,304 Mil. Pacifico Compania de Seguros y Reaseguros's Total Assets for the quarter that ended in Dec. 2020 was S/.13,767 Mil. Therefore, Pacifico Compania de Seguros y Reaseguros's Asset Turnover for the quarter that ended in Dec. 2020 was 0.24.

Asset Turnover is linked to ROE % through Du Pont Formula. Pacifico Compania de Seguros y Reaseguros's annualized ROE % for the quarter that ended in Dec. 2020 was 21.54%. It is also linked to ROA % through Du Pont Formula. Pacifico Compania de Seguros y Reaseguros's annualized ROA % for the quarter that ended in Dec. 2020 was 3.76%.


Pacifico Compania de Seguros y Reaseguros Asset Turnover Historical Data

The historical data trend for Pacifico Compania de Seguros y Reaseguros'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.

Pacifico Compania de Seguros y Reaseguros Asset Turnover Chart

Pacifico Compania de Seguros y Reaseguros Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec19 Dec20
Asset Turnover
Get a 7-Day Free Trial 0.21 0.23 0.22 0.43 0.24

Pacifico Compania de Seguros y Reaseguros Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec19 Dec20
Asset Turnover Get a 7-Day Free Trial 0.21 0.23 0.22 0.43 0.24

Competitive Comparison of Pacifico Compania de Seguros y Reaseguros's Asset Turnover

For the Insurance - Diversified subindustry, Pacifico Compania de Seguros y Reaseguros'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.


Pacifico Compania de Seguros y Reaseguros's Asset Turnover Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Pacifico Compania de Seguros y Reaseguros's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Pacifico Compania de Seguros y Reaseguros's Asset Turnover falls into.



Pacifico Compania de Seguros y Reaseguros Asset Turnover Calculation

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

Pacifico Compania de Seguros y Reaseguros's Asset Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=3304.494/( (12827.821+14705.776)/ 2 )
=3304.494/13766.7985
=0.24

Pacifico Compania de Seguros y Reaseguros's Asset Turnover for the quarter that ended in Dec. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2020 )/( (Total Assets (Q: Dec. 2019 )+Total Assets (Q: Dec. 2020 ))/ count )
=3304.494/( (12827.821+14705.776)/ 2 )
=3304.494/13766.7985
=0.24

* 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.


Pacifico Compania de Seguros y Reaseguros  (LIM:PACIFIC1) Asset Turnover Explanation

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

Pacifico Compania de Seguros y Reaseguros's annulized ROE % for the quarter that ended in Dec. 2020 is

ROE %**(Q: Dec. 2020 )
=Net Income/Total Stockholders Equity
=518.196/2405.9625
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(518.196 / 6608.988)*(6608.988 / 13766.7985)*(13766.7985/ 2405.9625)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.84 %*0.4801*5.722
=ROA %*Equity Multiplier
=3.76 %*5.722
=21.54 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2020) net income data. The Revenue data used here is two times the semi-annual (Dec. 2020) 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:

Pacifico Compania de Seguros y Reaseguros's annulized ROA % for the quarter that ended in Dec. 2020 is

ROA %(Q: Dec. 2020 )
=Net Income/Total Assets
=518.196/13766.7985
=(Net Income / Revenue)*(Revenue / Total Assets)
=(518.196 / 6608.988)*(6608.988 / 13766.7985)
=Net Margin %*Asset Turnover
=7.84 %*0.4801
=3.76 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2020) net income data. The Revenue data used here is two times the semi-annual (Dec. 2020) 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.


Pacifico Compania de Seguros y Reaseguros Asset Turnover Related Terms

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Pacifico Compania de Seguros y Reaseguros (LIM:PACIFIC1) Business Description

Traded in Other Exchanges
N/A
Address
Av. Juan de Arona N 830, Floor 5, San Isidro, Lima, PER, 27
Pacifico Compania de Seguros y Reaseguros is an insurance and reinsurance company. Its products and services include life, health, travel, personal accident, vehicle and disability insurance for businesses and individuals.

Pacifico Compania de Seguros y Reaseguros (LIM:PACIFIC1) Headlines

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