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Malvern Bancorp (Malvern Bancorp) Asset Turnover : 0.01 (As of Mar. 2023)


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What is Malvern 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. Malvern Bancorp's Revenue for the three months ended in Mar. 2023 was $7.26 Mil. Malvern Bancorp's Total Assets for the quarter that ended in Mar. 2023 was $1,007.05 Mil. Therefore, Malvern Bancorp's Asset Turnover for the quarter that ended in Mar. 2023 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Malvern Bancorp's annualized ROE % for the quarter that ended in Mar. 2023 was 1.54%. It is also linked to ROA % through Du Pont Formula. Malvern Bancorp's annualized ROA % for the quarter that ended in Mar. 2023 was 0.23%.


Malvern Bancorp Asset Turnover Historical Data

The historical data trend for Malvern 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.

Malvern Bancorp Asset Turnover Chart

Malvern Bancorp Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 0.02 0.03 0.03

Malvern Bancorp Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 Malvern Bancorp's Asset Turnover

For the Banks - Regional subindustry, Malvern 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.


Malvern Bancorp's Asset Turnover Distribution in the Banks Industry

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

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



Malvern Bancorp Asset Turnover Calculation

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

Malvern Bancorp's Asset Turnover for the fiscal year that ended in Sep. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2022 )/( (Total Assets (A: Sep. 2021 )+Total Assets (A: Sep. 2022 ))/ count )
=31.641/( (1209.143+1044.36)/ 2 )
=31.641/1126.7515
=0.03

Malvern Bancorp's Asset Turnover for the quarter that ended in Mar. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=7.257/( (1017.792+996.3)/ 2 )
=7.257/1007.046
=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.


Malvern Bancorp  (NAS:MLVF) Asset Turnover Explanation

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

Malvern Bancorp's annulized ROE % for the quarter that ended in Mar. 2023 is

ROE %**(Q: Mar. 2023 )
=Net Income/Total Stockholders Equity
=2.284/148.3305
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.284 / 29.028)*(29.028 / 1007.046)*(1007.046/ 148.3305)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.87 %*0.0288*6.7892
=ROA %*Equity Multiplier
=0.23 %*6.7892
=1.54 %

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

Malvern Bancorp's annulized ROA % for the quarter that ended in Mar. 2023 is

ROA %(Q: Mar. 2023 )
=Net Income/Total Assets
=2.284/1007.046
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2.284 / 29.028)*(29.028 / 1007.046)
=Net Margin %*Asset Turnover
=7.87 %*0.0288
=0.23 %

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


Malvern Bancorp Asset Turnover Related Terms

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


Malvern Bancorp (Malvern Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
42 East Lancaster Avenue, Paoli, PA, USA, 19301
Malvern Bancorp Inc operates several financial centers as well as an online banking site. The company provides checking and savings accounts, and in turn issues loans for commercial and residential real estate projects. Malvern's customer base consists of individual clients along with small and mid-sized businesses in the area.
Executives
Stephen P Scartozzi director MALVERN BANCORP, INC., 42 EAST LANCASTER AVENUE, PAOLI PA 19301
Cynthia F Leitzell director 42 E. LANCASTER AVE, PAOLI PA 19031
Norman Feinstein director 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Andrew D. Fish director 93 WORTH STREET, SUITE 1005, NEW YORK PA 10013
Julia D Corelli director 42 E. LANCASTER AVE, PAOLI PA 19031
Howard Kent director 42 E. LANCASTER AVE, PAOLI PA 19031
James W Barrett director 42 E. LANCASTER AVE, PAOLI PA 19301
Anthony Weagley director, officer: President & CEO C/O CENTER BANCORP INC, 2455 MORRIS AVENUE, UNION NJ 07083
William Iii Woolworth officer: SVP & CRO 42 E. LANCASTER AVENUE, PAOLI PA 19301
William J Boylan officer: EVP & Chief Lending Officer 58 RIDGE DRIVE, MONTVILLE NJ 07045
Therese Woodman director MALVERN FEDERAL BANCORP INC., 42 EAST LANCASTER AVENUE, PAOLI PA 19301
Joseph D Gangemi officer: SVP & CFO 326 SEQUOIA COURT, HOWELL NJ 07731
George E Steinmetz director MALVERN FEDERAL BANCORP INC, 42 EAST LANCASTER AVENUE, PAOLI PA 19301
Mary Orlando officer: SZP & COO 42 E LANCASTER AVENUE, PAOLI PA 19301-1455
Justin Power officer: SZP & CLO 42 E LANCASTER AVENUE, PAOLI PA 19301-1455

Malvern Bancorp (Malvern Bancorp) Headlines

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