GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Henderson International Income Trust PLC (LSE:HINT) » Definitions » Asset Turnover

Henderson Internationalome Trust (LSE:HINT) Asset Turnover : 0.05 (As of Aug. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Henderson Internationalome Trust Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Henderson Internationalome Trust's Revenue for the six months ended in Aug. 2024 was £18.49 Mil. Henderson Internationalome Trust's Total Assets for the quarter that ended in Aug. 2024 was £393.36 Mil. Therefore, Henderson Internationalome Trust's Asset Turnover for the quarter that ended in Aug. 2024 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. Henderson Internationalome Trust's annualized ROE % for the quarter that ended in Aug. 2024 was 9.77%. It is also linked to ROA % through Du Pont Formula. Henderson Internationalome Trust's annualized ROA % for the quarter that ended in Aug. 2024 was 8.92%.


Henderson Internationalome Trust Asset Turnover Historical Data

The historical data trend for Henderson Internationalome Trust'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.

Henderson Internationalome Trust Asset Turnover Chart

Henderson Internationalome Trust Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 0.19 0.04 0.02 0.09

Henderson Internationalome Trust Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 0.04 0.02 -0.01 0.05 0.05

Competitive Comparison of Henderson Internationalome Trust's Asset Turnover

For the Asset Management subindustry, Henderson Internationalome Trust'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.


Henderson Internationalome Trust's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Henderson Internationalome Trust's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Henderson Internationalome Trust's Asset Turnover falls into.



Henderson Internationalome Trust Asset Turnover Calculation

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

Henderson Internationalome Trust's Asset Turnover for the fiscal year that ended in Aug. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Aug. 2024 )/( (Total Assets (A: Aug. 2023 )+Total Assets (A: Aug. 2024 ))/ count )
=36.771/( (379.287+404.457)/ 2 )
=36.771/391.872
=0.09

Henderson Internationalome Trust's Asset Turnover for the quarter that ended in Aug. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Aug. 2024 )/( (Total Assets (Q: Feb. 2024 )+Total Assets (Q: Aug. 2024 ))/ count )
=18.492/( (382.266+404.457)/ 2 )
=18.492/393.3615
=0.05

* 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.


Henderson Internationalome Trust  (LSE:HINT) Asset Turnover Explanation

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

Henderson Internationalome Trust's annulized ROE % for the quarter that ended in Aug. 2024 is

ROE %**(Q: Aug. 2024 )
=Net Income/Total Stockholders Equity
=35.09/359.17
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(35.09 / 36.984)*(36.984 / 393.3615)*(393.3615/ 359.17)
=Net Margin %*Asset Turnover*Equity Multiplier
=94.88 %*0.094*1.0952
=ROA %*Equity Multiplier
=8.92 %*1.0952
=9.77 %

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

Henderson Internationalome Trust's annulized ROA % for the quarter that ended in Aug. 2024 is

ROA %(Q: Aug. 2024 )
=Net Income/Total Assets
=35.09/393.3615
=(Net Income / Revenue)*(Revenue / Total Assets)
=(35.09 / 36.984)*(36.984 / 393.3615)
=Net Margin %*Asset Turnover
=94.88 %*0.094
=8.92 %

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


Henderson Internationalome Trust Asset Turnover Related Terms

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


Henderson Internationalome Trust Business Description

Traded in Other Exchanges
N/A
Address
201 Bishopsgate, London, GBR, EC2M 3AE
Henderson International Income Trust PLC is an investment company. Its investment objective is to provide shareholders with a growing total annual dividend as well as capital appreciation, from a focused and internationally diversified portfolio of securities outside the United Kingdom. It invests in a portfolio consisting of listed equities and fixed-interest asset classes. Its portfolio includes investments in various sectors such as Technology. Financials, Healthcare, Industrials, and Utilities among others. The investment portfolio is predominantly concentrated in the United States followed by France, Germany, Japan, Switzerland, Korea, China, and other countries.

Henderson Internationalome Trust Headlines

No Headlines