United Finance CoOG (MUS:UFCI) Asset Turnover: 0.07 (As of Dec. 2024)


What is United Finance CoOG Asset Turnover?

United Finance CoOG MUS:UFCI +1.08% Asset Turnover is 0.07 as of Dec. 2024. The stock has 5 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. United Finance CoOG's Revenue for the six months ended in Dec. 2024 was ر.ع6.97 Mil. United Finance CoOG's Total Assets for the quarter that ended in Dec. 2024 was ر.ع107.19 Mil. Therefore, United Finance CoOG's Asset Turnover for the quarter that ended in Dec. 2024 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. United Finance CoOG's annualized ROE % for the quarter that ended in Dec. 2024 was 8.42%. It is also linked to ROA % through Du Pont Formula. United Finance CoOG's annualized ROA % for the quarter that ended in Dec. 2024 was 3.88%.

United Finance CoOG  (MUS:UFCI) Asset Turnover Explanation

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

United Finance CoOG's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=4.162/49.417
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4.162 / 13.94)*(13.94 / 107.191)*(107.191/ 49.417)
=Net Margin %*Asset Turnover*Equity Multiplier
=29.86 %*0.13*2.1691
=ROA %*Equity Multiplier
=3.88 %*2.1691
=8.42 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (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:

United Finance CoOG's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=4.162/107.191
=(Net Income / Revenue)*(Revenue / Total Assets)
=(4.162 / 13.94)*(13.94 / 107.191)
=Net Margin %*Asset Turnover
=29.86 %*0.13
=3.88 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (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.

United Finance CoOG Asset Turnover Related Terms

United Finance CoOG Asset Turnover Historical Data

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The historical data trend for United Finance CoOG'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.

United Finance CoOG Asset Turnover Chart

United Finance CoOG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.08 0.07 0.06 0.07

United Finance CoOG Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 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 0.06 0.08 0.07 0.06 0.07

MUS:UFCI vs V, MA, AXP: Asset Turnover Comparison

For the Credit Services subindustry, United Finance CoOG'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.

United Finance CoOG Asset Turnover vs Credit Services Industry

For the Credit Services industry and Financial Services sector, United Finance CoOG's Asset Turnover distribution charts can be found below:

* The bar in red indicates where United Finance CoOG's Asset Turnover falls into.


United Finance CoOG Asset Turnover Calculation

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

United Finance CoOG's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=6.97/( (103.779+110.603)/ 2 )
=6.97/107.191
=0.07

United Finance CoOG'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: Dec. 2023 )+Total Assets (Q: Dec. 2024 ))/ count )
=6.97/( (103.779+110.603)/ 2 )
=6.97/107.191
=0.07

* 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 0.07 mean?
United Finance CoOG (MUS:UFCI) has a Asset Turnover of 0.07 as of Dec. 2024. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on United Finance CoOG and its competitors.
Is United Finance CoOG's Asset Turnover too high?
United Finance CoOG's current Asset Turnover is 0.07.
How does United Finance CoOG's Asset Turnover compare to V and MA?
United Finance CoOG's Asset Turnover of 0.07 can be compared against companies in the Credit Services 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 Credit Services company?
A good Asset Turnover depends on the Credit Services 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 United Finance CoOG and its competitors. United Finance CoOG's current Asset Turnover is 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Finance CoOG stock overvalued right now?
Based on GuruFocus' analysis, United Finance CoOG (MUS:UFCI) is currently considered Modestly Overvalued. The stock's GF Value™ is ر.ع0.08, compared to a current price of ر.ع0.09 — trading 17.5% above its estimated fair value. The current Asset Turnover is 0.07. 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 United Finance CoOG (MUS:UFCI), the current Asset Turnover is 0.07 as of Dec. 2024. 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.

United Finance CoOG Business Description

Address Ruwi, P.O Box 3652, Muscat, OMN, 112
United Finance Co SAOG is principally involved in providing vehicle and equipment financing and is also licensed to provide composite loans, bridge loans, hire purchase, debt factoring and financing of receivables and leasing in the Sultanate of Oman. The company's offerings include Car finance, Fleet finance, Business finance, Term loans, Equipment finance, Commercial vehicle and many more. The company derives revenue in the form of interest income, with the majority coming from its retail customers.