Russia Commercial Roads Bank PJSC (MIC:RDRB) Asset Turnover: 0.02 (As of Sep. 2021)


MIC:RDRB Russia Commercial Roads Bank PJSC MIC:RDRB
17 GF Score
Price ₽104.80
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What is Russia Commercial Roads Bank PJSC Asset Turnover?

Russia Commercial Roads Bank PJSC MIC:RDRB +2.95% 17 Asset Turnover is 0.02 as of Sep. 2021. GuruFocus rates MIC:RDRB with a GF Score™ of 17/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Russia Commercial Roads Bank PJSC's Revenue for the three months ended in Sep. 2021 was ₽460 Mil. Russia Commercial Roads Bank PJSC's Total Assets for the quarter that ended in Sep. 2021 was ₽26,497 Mil. Therefore, Russia Commercial Roads Bank PJSC's Asset Turnover for the quarter that ended in Sep. 2021 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Russia Commercial Roads Bank PJSC's annualized ROE % for the quarter that ended in Sep. 2021 was 13.70%. It is also linked to ROA % through Du Pont Formula. Russia Commercial Roads Bank PJSC's annualized ROA % for the quarter that ended in Sep. 2021 was 1.26%.


Russia Commercial Roads Bank PJSC  (MIC:RDRB) Asset Turnover Explanation

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

Russia Commercial Roads Bank PJSC's annulized ROE % for the quarter that ended in Sep. 2021 is

ROE %**(Q: Sep. 2021 )
=Net Income/Total Stockholders Equity
=334.628/2443.0425
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(334.628 / 1840.224)*(1840.224 / 26496.8305)*(26496.8305/ 2443.0425)
=Net Margin %*Asset Turnover*Equity Multiplier
=18.18 %*0.0695*10.8458
=ROA %*Equity Multiplier
=1.26 %*10.8458
=13.70 %

Note: The Net Income data used here is four times the quarterly (Sep. 2021) net income data. The Revenue data used here is four times the quarterly (Sep. 2021) 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:

Russia Commercial Roads Bank PJSC's annulized ROA % for the quarter that ended in Sep. 2021 is

ROA %(Q: Sep. 2021 )
=Net Income/Total Assets
=334.628/26496.8305
=(Net Income / Revenue)*(Revenue / Total Assets)
=(334.628 / 1840.224)*(1840.224 / 26496.8305)
=Net Margin %*Asset Turnover
=18.18 %*0.0695
=1.26 %

Note: The Net Income data used here is four times the quarterly (Sep. 2021) net income data. The Revenue data used here is four times the quarterly (Sep. 2021) 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.


Russia Commercial Roads Bank PJSC Asset Turnover Related Terms


Russia Commercial Roads Bank PJSC Asset Turnover Historical Data

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The historical data trend for Russia Commercial Roads Bank 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.

Russia Commercial Roads Bank PJSC Asset Turnover Chart

Russia Commercial Roads Bank PJSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.08 0.06 0.06 0.07

Russia Commercial Roads Bank PJSC Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.02 0.02 0.01 0.02 0.02

MIC:RDRB vs USB, PNC, TFC: Asset Turnover Comparison

For the Banks - Regional subindustry, Russia Commercial Roads Bank 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.


Russia Commercial Roads Bank PJSC Asset Turnover vs Banks Industry

For the Banks industry and Financial Services sector, Russia Commercial Roads Bank PJSC's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Russia Commercial Roads Bank PJSC's Asset Turnover falls into.


MIC:RDRB
17GF Score
Russia Commercial Roads Bank PJSC MIC:RDRB
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Russia Commercial Roads Bank PJSC Asset Turnover Calculation

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

Russia Commercial Roads Bank PJSC's Asset Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=1450.67/( (20246.768+23718.591)/ 2 )
=1450.67/21982.6795
=0.07

Russia Commercial Roads Bank PJSC's Asset Turnover for the quarter that ended in Sep. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2021 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Sep. 2021 ))/ count )
=460.056/( (26949.443+26044.218)/ 2 )
=460.056/26496.8305
=0.02

* 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 0.02 mean?
Russia Commercial Roads Bank PJSC (MIC:RDRB) has a Asset Turnover of 0.02 as of Sep. 2021. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Russia Commercial Roads Bank PJSC and its competitors.
Is Russia Commercial Roads Bank PJSC's Asset Turnover too high?
Russia Commercial Roads Bank PJSC's current Asset Turnover is 0.02. Overall, Russia Commercial Roads Bank PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Russia Commercial Roads Bank PJSC's Asset Turnover compare to USB and PNC?
Russia Commercial Roads Bank PJSC's Asset Turnover of 0.02 can be compared against companies in the Banks 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 a Banks company?
A good Asset Turnover depends on the Banks 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 Russia Commercial Roads Bank PJSC and its competitors. Russia Commercial Roads Bank PJSC's current Asset Turnover is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Russia Commercial Roads Bank PJSC stock overvalued right now?
Russia Commercial Roads Bank PJSC (MIC:RDRB) has a current Asset Turnover of 0.02. The current Asset Turnover is 0.02. Russia Commercial Roads Bank PJSC's overall GF Score™ is 17/100. 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 Russia Commercial Roads Bank PJSC (MIC:RDRB), the current Asset Turnover is 0.02 as of Sep. 2021. 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.

Russia Commercial Roads Bank PJSC Business Description

Address 86, Dubininskaya street, Moscow, RUS, 115093
Russia Commercial Roads Bank PJSC, formerly Russian public joint-stock commercial roads Bank provides various financial services in Russia. The bank offers services to its corporate customers, retail customers, and other banks. Its product and services consist of cash management services, deposit banking, loans, trade financing, conversion services, correspondent account and purchase and sale of securities. The bank provides its services to road industry, farming, and transporting, industrial and housing construction, building materials, trade as well as to military industrial complex units. In addition, it is also engaged in small and medium-sized business lending program, mortgage programs for corporate customers, program of work with road enterprises and private banking service.
17GF 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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