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HusCompagniet AS (LTS:0A5T) Asset Turnover : 0.32 (As of Jun. 2024)


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What is HusCompagniet AS Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. HusCompagniet AS's Revenue for the six months ended in Jun. 2024 was kr1,062 Mil. HusCompagniet AS's Total Assets for the quarter that ended in Jun. 2024 was kr3,363 Mil. Therefore, HusCompagniet AS's Asset Turnover for the quarter that ended in Jun. 2024 was 0.32.

Asset Turnover is linked to ROE % through Du Pont Formula. HusCompagniet AS's annualized ROE % for the quarter that ended in Jun. 2024 was 0.64%. It is also linked to ROA % through Du Pont Formula. HusCompagniet AS's annualized ROA % for the quarter that ended in Jun. 2024 was 0.40%.


HusCompagniet AS Asset Turnover Historical Data

The historical data trend for HusCompagniet AS'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.

HusCompagniet AS Asset Turnover Chart

HusCompagniet AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 0.81 0.91 1.24 1.21 0.70

HusCompagniet AS Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.63 0.57 0.37 0.33 0.32

Competitive Comparison of HusCompagniet AS's Asset Turnover

For the Residential Construction subindustry, HusCompagniet AS'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.


HusCompagniet AS's Asset Turnover Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, HusCompagniet AS's Asset Turnover distribution charts can be found below:

* The bar in red indicates where HusCompagniet AS's Asset Turnover falls into.


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HusCompagniet AS Asset Turnover Calculation

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

HusCompagniet AS's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=2381.357/( (3572.291+3264.265)/ 2 )
=2381.357/3418.278
=0.70

HusCompagniet AS's Asset Turnover for the quarter that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=1062.388/( (3264.265+3460.857)/ 2 )
=1062.388/3362.561
=0.32

* 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.


HusCompagniet AS  (LTS:0A5T) Asset Turnover Explanation

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

HusCompagniet AS's annulized ROE % for the quarter that ended in Jun. 2024 is

ROE %**(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=13.514/2095.434
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(13.514 / 2124.776)*(2124.776 / 3362.561)*(3362.561/ 2095.434)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.64 %*0.6319*1.6047
=ROA %*Equity Multiplier
=0.40 %*1.6047
=0.64 %

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

HusCompagniet AS's annulized ROA % for the quarter that ended in Jun. 2024 is

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=13.514/3362.561
=(Net Income / Revenue)*(Revenue / Total Assets)
=(13.514 / 2124.776)*(2124.776 / 3362.561)
=Net Margin %*Asset Turnover
=0.64 %*0.6319
=0.40 %

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


HusCompagniet AS Asset Turnover Related Terms

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HusCompagniet AS Business Description

Traded in Other Exchanges
Address
Agerovej 31A, Tilst, DNK, 8381
HusCompagniet AS is a house builder in the Nordic region. It is principally engaged in the construction and sale of single-family houses in Denmark and Sweden. It delivers high-quality single-family houses with great value for money. The company's operating segments include Detached houses; Semi-detached houses in Denmark and Swedish businesses. It generates maximum revenue from Detached houses in Denmark. The detached houses in the Denmark segment comprise brick houses built on-site and plots.

HusCompagniet AS Headlines

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