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The Schiehallion Fund (LSE:MNTN) Asset Turnover : 0.15 (As of Jan. 2025)


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What is The Schiehallion Fund Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. The Schiehallion Fund's Revenue for the six months ended in Jan. 2025 was $195.9 Mil. The Schiehallion Fund's Total Assets for the quarter that ended in Jan. 2025 was $1,279.1 Mil. Therefore, The Schiehallion Fund's Asset Turnover for the quarter that ended in Jan. 2025 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. The Schiehallion Fund's annualized ROE % for the quarter that ended in Jan. 2025 was 30.55%. It is also linked to ROA % through Du Pont Formula. The Schiehallion Fund's annualized ROA % for the quarter that ended in Jan. 2025 was 30.43%.


The Schiehallion Fund Asset Turnover Historical Data

The historical data trend for The Schiehallion Fund'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.

The Schiehallion Fund Asset Turnover Chart

The Schiehallion Fund Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Asset Turnover
Get a 7-Day Free Trial 0.35 0.03 -0.24 0.06 0.12

The Schiehallion Fund Semi-Annual Data
Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.09 -0.04 0.10 -0.03 0.15

Competitive Comparison of The Schiehallion Fund's Asset Turnover

For the Asset Management subindustry, The Schiehallion Fund'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.


The Schiehallion Fund's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, The Schiehallion Fund's Asset Turnover distribution charts can be found below:

* The bar in red indicates where The Schiehallion Fund's Asset Turnover falls into.


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The Schiehallion Fund Asset Turnover Calculation

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

The Schiehallion Fund's Asset Turnover for the fiscal year that ended in Jan. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2025 )/( (Total Assets (A: Jan. 2024 )+Total Assets (A: Jan. 2025 ))/ count )
=156.505/( (1224.352+1375.329)/ 2 )
=156.505/1299.8405
=0.12

The Schiehallion Fund's Asset Turnover for the quarter that ended in Jan. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2025 )/( (Total Assets (Q: Jul. 2024 )+Total Assets (Q: Jan. 2025 ))/ count )
=195.941/( (1182.835+1375.329)/ 2 )
=195.941/1279.082
=0.15

* 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.


The Schiehallion Fund  (LSE:MNTN) Asset Turnover Explanation

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

The Schiehallion Fund's annulized ROE % for the quarter that ended in Jan. 2025 is

ROE %**(Q: Jan. 2025 )
=Net Income/Total Stockholders Equity
=389.186/1274.064
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(389.186 / 391.882)*(391.882 / 1279.082)*(1279.082/ 1274.064)
=Net Margin %*Asset Turnover*Equity Multiplier
=99.31 %*0.3064*1.0039
=ROA %*Equity Multiplier
=30.43 %*1.0039
=30.55 %

Note: The Net Income data used here is two times the semi-annual (Jan. 2025) net income data. The Revenue data used here is two times the semi-annual (Jan. 2025) 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:

The Schiehallion Fund's annulized ROA % for the quarter that ended in Jan. 2025 is

ROA %(Q: Jan. 2025 )
=Net Income/Total Assets
=389.186/1279.082
=(Net Income / Revenue)*(Revenue / Total Assets)
=(389.186 / 391.882)*(391.882 / 1279.082)
=Net Margin %*Asset Turnover
=99.31 %*0.3064
=30.43 %

Note: The Net Income data used here is two times the semi-annual (Jan. 2025) net income data. The Revenue data used here is two times the semi-annual (Jan. 2025) 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.


The Schiehallion Fund Asset Turnover Related Terms

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The Schiehallion Fund Business Description

Traded in Other Exchanges
N/A
Address
1 Greenside Row, Calton Square, Edinburgh, GBR, EH1 3AN
The Schiehallion Fund Ltd is a non-cellular closed-ended investment company. Its investment objective is to generate capital growth for investors through making long-term minority investments in later-stage private businesses that the company considers to have transformational growth potential and the potential to become publicly traded. The company invests in various sectors such as Communications Services; Consumer Discretionary; Consumer Staples; Financials; Health Care; Industrials, Materials, Information Technology, and others.

The Schiehallion Fund Headlines