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Mediobanca SpA (MIL:MB) Asset Turnover : 0.01 (As of Dec. 2024)


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What is Mediobanca SpA Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Mediobanca SpA's Revenue for the three months ended in Dec. 2024 was €929 Mil. Mediobanca SpA's Total Assets for the quarter that ended in Dec. 2024 was €99,039 Mil. Therefore, Mediobanca SpA's Asset Turnover for the quarter that ended in Dec. 2024 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Mediobanca SpA's annualized ROE % for the quarter that ended in Dec. 2024 was 11.84%. It is also linked to ROA % through Du Pont Formula. Mediobanca SpA's annualized ROA % for the quarter that ended in Dec. 2024 was 1.33%.


Mediobanca SpA Asset Turnover Historical Data

The historical data trend for Mediobanca SpA'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.

Mediobanca SpA Asset Turnover Chart

Mediobanca SpA Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 0.03 0.03 0.03

Mediobanca SpA Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
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 Mediobanca SpA's Asset Turnover

For the Banks - Regional subindustry, Mediobanca SpA'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.


Mediobanca SpA's Asset Turnover Distribution in the Banks Industry

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

* The bar in red indicates where Mediobanca SpA's Asset Turnover falls into.


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Mediobanca SpA Asset Turnover Calculation

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

Mediobanca SpA'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 )
=3249.642/( (91623.824+99226.274)/ 2 )
=3249.642/95425.049
=0.03

Mediobanca SpA's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=928.589/( (98165.6+99911.654)/ 2 )
=928.589/99038.627
=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.


Mediobanca SpA  (MIL:MB) Asset Turnover Explanation

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

Mediobanca SpA's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=1318.948/11137.0655
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1318.948 / 3714.356)*(3714.356 / 99038.627)*(99038.627/ 11137.0655)
=Net Margin %*Asset Turnover*Equity Multiplier
=35.51 %*0.0375*8.8927
=ROA %*Equity Multiplier
=1.33 %*8.8927
=11.84 %

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

Mediobanca SpA's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=1318.948/99038.627
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1318.948 / 3714.356)*(3714.356 / 99038.627)
=Net Margin %*Asset Turnover
=35.51 %*0.0375
=1.33 %

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


Mediobanca SpA Asset Turnover Related Terms

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Mediobanca SpA Business Description

Traded in Other Exchanges
Address
Piazzetta Enrico Cuccia 1, Milan, ITA, 20121
Mediobanca SpA is an Italian investment bank. It has four operating units: Corporate and Investment Banking, Consumer Finance, Wealth Management, and Insurance - Principal Investing. It generates the majority of its revenue from the Consumer Finance division which comprises personal and finalized loans, cards and accounts, and home insurance. It operates through a network of branch offices, ATMs, online portals, and other direct sales forces in Europe and the Americas.It operates through a network of branch offices, ATMs, online portals, and other direct sales forces in Europe and the Americas.

Mediobanca SpA Headlines

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