LOGN (Logansport Financial) Asset Turnover: 0.01 (As of Mar. 2026)


LOGN Logansport Financial Corp LOGN
60 GF Score
Price $32.15
GF Value $26.70
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Logansport Financial Asset Turnover?

Logansport Financial LOGN 60 Asset Turnover is 0.01 as of Mar. 2026. GuruFocus rates LOGN with a GF Score™ of 60/100 and a GF Value™ of $26.70 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Logansport Financial's Revenue for the three months ended in Mar. 2026 was $2.43 Mil. Logansport Financial's Total Assets for the quarter that ended in Mar. 2026 was $277.95 Mil. Therefore, Logansport Financial's Asset Turnover for the quarter that ended in Mar. 2026 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Logansport Financial's annualized ROE % for the quarter that ended in Mar. 2026 was 9.70%. It is also linked to ROA % through Du Pont Formula. Logansport Financial's annualized ROA % for the quarter that ended in Mar. 2026 was 0.78%.


Logansport Financial  (OTCPK:LOGN) Asset Turnover Explanation

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

Logansport Financial's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2.168/22.3615
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.168 / 9.732)*(9.732 / 277.9495)*(277.9495/ 22.3615)
=Net Margin %*Asset Turnover*Equity Multiplier
=22.28 %*0.035*12.4298
=ROA %*Equity Multiplier
=0.78 %*12.4298
=9.70 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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:

Logansport Financial's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=2.168/277.9495
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2.168 / 9.732)*(9.732 / 277.9495)
=Net Margin %*Asset Turnover
=22.28 %*0.035
=0.78 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.


Logansport Financial Asset Turnover Related Terms


Logansport Financial Asset Turnover Historical Data

* Premium members only.

The historical data trend for Logansport Financial'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.

Logansport Financial Asset Turnover Chart

Logansport Financial Annual Data
Trend Dec01 Dec02 Dec03 Dec08 Dec09 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.04 0.04 0.03 0.03

Logansport Financial Quarterly Data
Sep03 Dec03 Mar04 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Dec20 Dec21 Dec22 Dec23 Sep24 Dec24 Mar25 Sep25 Mar26
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 0.01

LOGN vs MFDB, CTYP, MKIN: Asset Turnover Comparison

For the Banks - Regional subindustry, Logansport Financial'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.


Logansport Financial Asset Turnover vs Banks Industry

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

* The bar in red indicates where Logansport Financial's Asset Turnover falls into.


LOGN
60GF Score
Logansport Financial Corp LOGN
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Logansport Financial Asset Turnover Calculation

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

Logansport Financial's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=8.164/( (247.713+263.86)/ 2 )
=8.164/255.7865
=0.03

Logansport Financial's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=2.433/( (270.113+285.786)/ 2 )
=2.433/277.9495
=0.01

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.01 mean?
Logansport Financial (LOGN) has a Asset Turnover of 0.01 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Logansport Financial and its competitors.
Is Logansport Financial's Asset Turnover too high?
Logansport Financial's current Asset Turnover is 0.01. Overall, Logansport Financial has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Logansport Financial's Asset Turnover compare to MFDB and CTYP?
Logansport Financial's Asset Turnover of 0.01 can be compared against companies in the Banks 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 Banks company?
A good Asset Turnover depends on the Banks 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 Logansport Financial and its competitors. Logansport Financial's current Asset Turnover is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Logansport Financial stock overvalued right now?
Based on GuruFocus' analysis, Logansport Financial (LOGN) is currently considered Modestly Overvalued. The stock's GF Value™ is $26.70, compared to a current price of $32.15 — trading 20.4% above its estimated fair value. The current Asset Turnover is 0.01. Logansport Financial's overall GF Score™ is 60/100 with 3 warning signs to review. 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 Logansport Financial (LOGN), the current Asset Turnover is 0.01 as of Mar. 2026. 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.

Is Logansport Financial (LOGN) Overvalued in 2026?

Based on GuruFocus' analysis, Logansport Financial stock appears to be overvalued. The current stock price of $32.15 is trading 20.4% above its estimated GF Value™ of $26.70. GuruFocus considers Logansport Financial to be Modestly Overvalued.

Key valuation signals for LOGN:

  • Asset Turnover: 0.01
  • GF Value™: $26.70 vs. price of $32.15 (20.4% above fair value)
  • GF Score™: 60/100 with 3 warning signs

No single metric tells the full story. See the LOGN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Logansport Financial Business Description

Address 723 East Broadway, Logansport, IN, USA, 46947
Logansport Financial Corp is the holding company for Logansport Savings Bank. Along with its subsidiary, the company is predominantly engaged in providing a full range of banking and financial services to individual and corporate customers in Cass County, Indiana, and surrounding counties.
60GF Score

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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$32.15
Price
$26.70
GF Value