Rosseti Centre And Volga Region PJSC (MIC:MRKP) Asset Turnover: 0.23 (As of Dec. 2023)


MIC:MRKP Rosseti Centre And Volga Region PJSC MIC:MRKP
59 GF Score
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What is Rosseti Centre And Volga Region PJSC Asset Turnover?

Rosseti Centre And Volga Region PJSC MIC:MRKP -3.56% 59 Asset Turnover is 0.23 as of Dec. 2023. GuruFocus rates MIC:MRKP with a GF Score™ of 59/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Rosseti Centre And Volga Region PJSC's Revenue for the three months ended in Dec. 2023 was ₽38,262 Mil. Rosseti Centre And Volga Region PJSC's Total Assets for the quarter that ended in Dec. 2023 was ₽163,662 Mil. Therefore, Rosseti Centre And Volga Region PJSC's Asset Turnover for the quarter that ended in Dec. 2023 was 0.23.

Asset Turnover is linked to ROE % through Du Pont Formula. Rosseti Centre And Volga Region PJSC's annualized ROE % for the quarter that ended in Dec. 2023 was 6.74%. It is also linked to ROA % through Du Pont Formula. Rosseti Centre And Volga Region PJSC's annualized ROA % for the quarter that ended in Dec. 2023 was 3.57%.


Rosseti Centre And Volga Region PJSC  (MIC:MRKP) Asset Turnover Explanation

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

Rosseti Centre And Volga Region PJSC's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=5837.656/86591.845
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5837.656 / 153047.508)*(153047.508 / 163662.141)*(163662.141/ 86591.845)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.81 %*0.9351*1.89
=ROA %*Equity Multiplier
=3.57 %*1.89
=6.74 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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:

Rosseti Centre And Volga Region PJSC's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=5837.656/163662.141
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5837.656 / 153047.508)*(153047.508 / 163662.141)
=Net Margin %*Asset Turnover
=3.81 %*0.9351
=3.57 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


Rosseti Centre And Volga Region PJSC Asset Turnover Related Terms


Rosseti Centre And Volga Region PJSC Asset Turnover Historical Data

* Premium members only.

The historical data trend for Rosseti Centre And Volga Region PJSC'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.

Rosseti Centre And Volga Region PJSC Asset Turnover Chart

Rosseti Centre And Volga Region PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.85 0.86 0.81 0.83

Rosseti Centre And Volga Region PJSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.23 0.22 0.19 0.19 0.23

MIC:MRKP vs NEE, SO, DUK: Asset Turnover Comparison

For the Utilities - Regulated Electric subindustry, Rosseti Centre And Volga Region PJSC'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.


Rosseti Centre And Volga Region PJSC Asset Turnover vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Rosseti Centre And Volga Region PJSC's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Rosseti Centre And Volga Region PJSC's Asset Turnover falls into.


MIC:MRKP
59GF Score
Rosseti Centre And Volga Region PJSC MIC:MRKP
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Rosseti Centre And Volga Region PJSC Asset Turnover Calculation

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

Rosseti Centre And Volga Region PJSC'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 )
=132028.653/( (151766.302+168154.074)/ 2 )
=132028.653/159960.188
=0.83

Rosseti Centre And Volga Region PJSC's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=38261.877/( (159170.208+168154.074)/ 2 )
=38261.877/163662.141
=0.23

* 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 0.23 mean?
Rosseti Centre And Volga Region PJSC (MIC:MRKP) has a Asset Turnover of 0.23 as of Dec. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Rosseti Centre And Volga Region PJSC and its competitors.
Is Rosseti Centre And Volga Region PJSC's Asset Turnover too high?
Rosseti Centre And Volga Region PJSC's current Asset Turnover is 0.23. Overall, Rosseti Centre And Volga Region PJSC has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Rosseti Centre And Volga Region PJSC's Asset Turnover compare to NEE and SO?
Rosseti Centre And Volga Region PJSC's Asset Turnover of 0.23 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Asset Turnover depends on the Utilities - Regulated 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 Rosseti Centre And Volga Region PJSC and its competitors. Rosseti Centre And Volga Region PJSC's current Asset Turnover is 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rosseti Centre And Volga Region PJSC stock overvalued right now?
Rosseti Centre And Volga Region PJSC (MIC:MRKP) has a current Asset Turnover of 0.23. The current Asset Turnover is 0.23. Rosseti Centre And Volga Region PJSC's overall GF Score™ is 59/100. 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 Rosseti Centre And Volga Region PJSC (MIC:MRKP), the current Asset Turnover is 0.23 as of Dec. 2023. 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.

Rosseti Centre And Volga Region PJSC Business Description

Address 33 Rozhdestvenskaya Street, Nizhny Novgorod, Nizhny Novgorod, RUS, 603950
Rosseti Centre And Volga Region PJSC engages in the transmission and distribution of power in Russia. It offers power transmission and distribution services to electric grids located in Vladimir, Ivanovo, Kaluga, Kirov, Nizhny Novgorod, Ryazan, and Tula regions, as well as in the Republic of Mary El and the Republic of Udmurtia.
59GF Score

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

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