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Telekom Networks Malawi (MSW:TNM) Asset Turnover : 0.00 (As of . 20)


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What is Telekom Networks Malawi Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Telekom Networks Malawi's Revenue for the six months ended in . 20 was MWK Mil. Telekom Networks Malawi's Total Assets for the quarter that ended in . 20 was MWK Mil. Therefore, Telekom Networks Malawi's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Telekom Networks Malawi's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. Telekom Networks Malawi's annualized ROA % for the quarter that ended in . 20 was %.


Telekom Networks Malawi Asset Turnover Historical Data

The historical data trend for Telekom Networks Malawi'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.

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Telekom Networks Malawi Asset Turnover Chart

Telekom Networks Malawi Annual Data
Trend
Asset Turnover

Telekom Networks Malawi Semi-Annual Data
Asset Turnover

Competitive Comparison of Telekom Networks Malawi's Asset Turnover

For the Telecom Services subindustry, Telekom Networks Malawi'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.


Telekom Networks Malawi's Asset Turnover Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telekom Networks Malawi's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Telekom Networks Malawi's Asset Turnover falls into.



Telekom Networks Malawi Asset Turnover Calculation

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

Telekom Networks Malawi's Asset Turnover for the fiscal year that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
=

Telekom Networks Malawi's Asset Turnover for the quarter that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
=

* 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.


Telekom Networks Malawi  (MSW:TNM) Asset Turnover Explanation

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

Telekom Networks Malawi's annulized ROE % for the quarter that ended in . 20 is

ROE %**(Q: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=( / )*( / )*(/ )
=Net Margin %*Asset Turnover*Equity Multiplier
= %**
=ROA %*Equity Multiplier
= %*
= %

Note: The Net Income data used here is two times the semi-annual (. 20) net income data. The Revenue data used here is two times the semi-annual (. 20) 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:

Telekom Networks Malawi's annulized ROA % for the quarter that ended in . 20 is

Note: The Net Income data used here is two times the semi-annual (. 20) net income data. The Revenue data used here is two times the semi-annual (. 20) 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.


Telekom Networks Malawi Asset Turnover Related Terms

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Telekom Networks Malawi (MSW:TNM) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Glyn Jones Road, P O Box 3039, Fifth Floor, Livingstone Towers, Blantyre, MWI
Telekom Networks Malawi PLC is engaged in providing telecommunication services in accordance with its licence issued by Malawi Communications Regulatory Authority (MACRA). The company has a wholly owned subsidiary, TNM Mpamba Limited engaged in providing mobile money services.

Telekom Networks Malawi (MSW:TNM) Headlines

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