GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Marathon Bancorp Inc (OTCPK:MBBC) » Definitions » Asset Turnover

MBBC (Marathon Bancorp) Asset Turnover : 0.01 (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Marathon Bancorp Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Marathon Bancorp's Revenue for the three months ended in Sep. 2024 was $1.61 Mil. Marathon Bancorp's Total Assets for the quarter that ended in Sep. 2024 was $217.84 Mil. Therefore, Marathon Bancorp's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Marathon Bancorp's annualized ROE % for the quarter that ended in Sep. 2024 was 2.23%. It is also linked to ROA % through Du Pont Formula. Marathon Bancorp's annualized ROA % for the quarter that ended in Sep. 2024 was 0.32%.


Marathon Bancorp Asset Turnover Historical Data

The historical data trend for Marathon Bancorp'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.

Marathon Bancorp Asset Turnover Chart

Marathon Bancorp Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Asset Turnover
0.03 0.04 0.03 0.04 0.03

Marathon Bancorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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

Competitive Comparison of Marathon Bancorp's Asset Turnover

For the Banks - Regional subindustry, Marathon Bancorp'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.


Marathon Bancorp's Asset Turnover Distribution in the Banks Industry

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

* The bar in red indicates where Marathon Bancorp's Asset Turnover falls into.



Marathon Bancorp Asset Turnover Calculation

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

Marathon Bancorp's Asset Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2024 )/( (Total Assets (A: Jun. 2023 )+Total Assets (A: Jun. 2024 ))/ count )
=6.566/( (238.779+219.234)/ 2 )
=6.566/229.0065
=0.03

Marathon Bancorp's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=1.613/( (219.234+216.45)/ 2 )
=1.613/217.842
=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.


Marathon Bancorp  (OTCPK:MBBC) Asset Turnover Explanation

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

Marathon Bancorp's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=0.7/31.441
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.7 / 6.452)*(6.452 / 217.842)*(217.842/ 31.441)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.85 %*0.0296*6.9286
=ROA %*Equity Multiplier
=0.32 %*6.9286
=2.23 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 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:

Marathon Bancorp's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=0.7/217.842
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.7 / 6.452)*(6.452 / 217.842)
=Net Margin %*Asset Turnover
=10.85 %*0.0296
=0.32 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


Marathon Bancorp Asset Turnover Related Terms

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


Marathon Bancorp Business Description

Traded in Other Exchanges
N/A
Address
500 Scott Street, Wausau, WI, USA, 54403
Marathon Bancorp Inc is a Wisconsin-chartered savings bank. It is a community-oriented bank offering a variety of financial products and services to meet the needs of customers. The primary deposit products are demand deposits, savings, and certificates of deposits; and prime lending products are commercial real estate, commercial and industrial, construction, one-to-four-family residential, multifamily real estate, and consumer loans. The majority of the Company's revenues come from interest income on loans and debt securities.
Executives
Nicholas W Zillges director, officer: President and CEO 500 SCOTT STREET, WAUSAU WI 54403
Joy Selting-buchberger officer: SVP and CFO 500 SCOTT STREET, WAUSAU WI 54403
Michelle Knopf officer: EVP/Dir. of Mortgage Services 500 SCOTT STREET, WAUSAU WI 54403
Terry Cornish officer: SVP and CCO 500 SCOTT STREET, WAUSAU WI 54403
Nora Spatz officer: EVP and CAO 500 SCOTT STREET, WAUSAU WI 54403
Amy Zientara director, other: Chairwoman of the Board 500 SCOTT STREET, WAUSAU WI 54403
Thomas L Grimm director 500 SCOTT STREET, WAUSAU WI 54403
Timothy R Wimmer director 500 SCOTT STREET, WAUSAU WI 54403
Ann M Werth director 500 SCOTT STREET, WAUSAU WI 54403
Thomas Terwilliger director 500 SCOTT STREET, WAUSAU WI 54403
Mhc Marathon 10 percent owner 500 SCOTT STREET, WAUSAU WI 54403

Marathon Bancorp Headlines

From GuruFocus