TNS energo Rostov-on-Don PJSC (MIC:RTSB) Asset Turnover: 3.14 (As of Jun. 2023)


MIC:RTSB TNS energo Rostov-on-Don PJSC MIC:RTSB
41 GF Score
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What is TNS energo Rostov-on-Don PJSC Asset Turnover?

TNS energo Rostov-on-Don PJSC MIC:RTSB -2.04% 41 Asset Turnover is 3.14 as of Jun. 2023. GuruFocus rates MIC:RTSB with a GF Score™ of 41/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. TNS energo Rostov-on-Don PJSC's Revenue for the six months ended in Jun. 2023 was ₽26,894 Mil. TNS energo Rostov-on-Don PJSC's Total Assets for the quarter that ended in Jun. 2023 was ₽8,574 Mil. Therefore, TNS energo Rostov-on-Don PJSC's Asset Turnover for the quarter that ended in Jun. 2023 was 3.14.

Asset Turnover is linked to ROE % through Du Pont Formula. TNS energo Rostov-on-Don PJSC's annualized ROE % for the quarter that ended in Jun. 2023 was 101.47%. It is also linked to ROA % through Du Pont Formula. TNS energo Rostov-on-Don PJSC's annualized ROA % for the quarter that ended in Jun. 2023 was 26.88%.


TNS energo Rostov-on-Don PJSC  (MIC:RTSB) Asset Turnover Explanation

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

TNS energo Rostov-on-Don PJSC's annulized ROE % for the quarter that ended in Jun. 2023 is

ROE %**(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=2304.876/2271.534
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2304.876 / 53787.126)*(53787.126 / 8573.631)*(8573.631/ 2271.534)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.29 %*6.2736*3.7744
=ROA %*Equity Multiplier
=26.88 %*3.7744
=101.47 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2023) net income data. The Revenue data used here is two times the semi-annual (Jun. 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:

TNS energo Rostov-on-Don PJSC's annulized ROA % for the quarter that ended in Jun. 2023 is

ROA %(Q: Jun. 2023 )
=Net Income/Total Assets
=2304.876/8573.631
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2304.876 / 53787.126)*(53787.126 / 8573.631)
=Net Margin %*Asset Turnover
=4.29 %*6.2736
=26.88 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2023) net income data. The Revenue data used here is two times the semi-annual (Jun. 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.


TNS energo Rostov-on-Don PJSC Asset Turnover Related Terms


TNS energo Rostov-on-Don PJSC Asset Turnover Historical Data

* Premium members only.

The historical data trend for TNS energo Rostov-on-Don 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.

TNS energo Rostov-on-Don PJSC Asset Turnover Chart

TNS energo Rostov-on-Don PJSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.92 4.75 4.97 4.74 5.50

TNS energo Rostov-on-Don PJSC Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
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 2.38 2.68 3.10 2.94 3.14

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

For the Utilities - Regulated Electric subindustry, TNS energo Rostov-on-Don 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.


TNS energo Rostov-on-Don PJSC Asset Turnover vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, TNS energo Rostov-on-Don PJSC's Asset Turnover distribution charts can be found below:

* The bar in red indicates where TNS energo Rostov-on-Don PJSC's Asset Turnover falls into.


MIC:RTSB
41GF Score
TNS energo Rostov-on-Don PJSC MIC:RTSB
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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TNS energo Rostov-on-Don PJSC Asset Turnover Calculation

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

TNS energo Rostov-on-Don PJSC's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=48627.729/( (9404.151+8294.338)/ 2 )
=48627.729/8849.2445
=5.50

TNS energo Rostov-on-Don PJSC's Asset Turnover for the quarter that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=26893.563/( (0+8573.631)/ 1 )
=26893.563/8573.631
=3.14

* 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 3.14 mean?
TNS energo Rostov-on-Don PJSC (MIC:RTSB) has a Asset Turnover of 3.14 as of Jun. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on TNS energo Rostov-on-Don PJSC and its competitors.
Is TNS energo Rostov-on-Don PJSC's Asset Turnover too high?
TNS energo Rostov-on-Don PJSC's current Asset Turnover is 3.14. Overall, TNS energo Rostov-on-Don PJSC has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does TNS energo Rostov-on-Don PJSC's Asset Turnover compare to NEE and SO?
TNS energo Rostov-on-Don PJSC's Asset Turnover of 3.14 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 TNS energo Rostov-on-Don PJSC and its competitors. TNS energo Rostov-on-Don PJSC's current Asset Turnover is 3.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TNS energo Rostov-on-Don PJSC stock overvalued right now?
TNS energo Rostov-on-Don PJSC (MIC:RTSB) has a current Asset Turnover of 3.14. The current Asset Turnover is 3.14. TNS energo Rostov-on-Don PJSC's overall GF Score™ is 41/100. 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 TNS energo Rostov-on-Don PJSC (MIC:RTSB), the current Asset Turnover is 3.14 as of Jun. 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.

TNS energo Rostov-on-Don PJSC Business Description

Address 19/2 B. Sukharevskiy Lane, Moscow, RUS, 127051
TNS energo Rostov-on-Don PJSC sells electric energy and provides services including installations, repairs and adjustments.
41GF 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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