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HomeTrust Bancshares Asset Turnover

: 0.01 (As of Sep. 2021)
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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. HomeTrust Bancshares's Revenue for the three months ended in Sep. 2021 was $38.1 Mil. HomeTrust Bancshares's Total Assets for the quarter that ended in Sep. 2021 was $3,503.0 Mil. Therefore, HomeTrust Bancshares's Asset Turnover for the quarter that ended in Sep. 2021 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. HomeTrust Bancshares's annualized ROE % for the quarter that ended in Sep. 2021 was 10.62%. It is also linked to ROA % through Du Pont Formula. HomeTrust Bancshares's annualized ROA % for the quarter that ended in Sep. 2021 was 1.20%.


HomeTrust Bancshares Asset Turnover Historical Data

The historical data trend for HomeTrust Bancshares'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.

HomeTrust Bancshares Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Asset Turnover
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.04 0.04 0.04 0.04

HomeTrust Bancshares Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Asset Turnover 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 Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

HomeTrust Bancshares Asset Turnover Calculation

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

HomeTrust Bancshares's Asset Turnover for the fiscal year that ended in Jun. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2021 )/( (Total Assets (A: Jun. 2020 )+Total Assets (A: Jun. 2021 ))/ count )
=143.208/( (3722.852+3524.723)/ 2 )
=143.208/3623.7875
=0.04

HomeTrust Bancshares's Asset Turnover for the quarter that ended in Sep. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2021 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Sep. 2021 ))/ count )
=38.059/( (3524.723+3481.36)/ 2 )
=38.059/3503.0415
=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.


HomeTrust Bancshares  (NAS:HTBI) Asset Turnover Explanation

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

HomeTrust Bancshares's annulized ROE % for the quarter that ended in Sep. 2021 is

ROE %**(Q: Sep. 2021 )
=Net Income/Total Stockholders Equity
=42.108/396.515
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(42.108 / 152.236)*(152.236 / 3503.0415)*(3503.0415/ 396.515)
=Net Margin %*Asset Turnover*Equity Multiplier
=27.66 %*0.0435*8.8346
=ROA %*Equity Multiplier
=1.20 %*8.8346
=10.62 %

Note: The Net Income data used here is four times the quarterly (Sep. 2021) net income data. The Revenue data used here is four times the quarterly (Sep. 2021) 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:

HomeTrust Bancshares's annulized ROA % for the quarter that ended in Sep. 2021 is

ROA %(Q: Sep. 2021 )
=Net Income/Total Assets
=42.108/3503.0415
=(Net Income / Revenue)*(Revenue / Total Assets)
=(42.108 / 152.236)*(152.236 / 3503.0415)
=Net Margin %*Asset Turnover
=27.66 %*0.0435
=1.20 %

Note: The Net Income data used here is four times the quarterly (Sep. 2021) net income data. The Revenue data used here is four times the quarterly (Sep. 2021) 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.


HomeTrust Bancshares Asset Turnover Related Terms

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


HomeTrust Bancshares Business Description

HomeTrust Bancshares logo
Industry
Financial Services » Banks NAICS : 522120 SIC : 6035
Traded in Other Exchanges
N/A
Address
10 Woodfin Street, Asheville, NC, USA, 28801
HomeTrust Bancshares Inc operates as a bank holding company, which offers deposit accounts for individuals, businesses, and nonprofit organizations for HomeTrust Bank. It involves attracting deposits, including savings money market, demand accounts, and certificates of deposit from the general public. The company's loan portfolio comprises retail consumer loans, such as one-to-four-family residential property lending, home equity lines of credit, construction and land/lots, indirect auto finance, and consumer lending; and commercial loans, including commercial real estate lending, construction, and development lending, and commercial and industrial loans.
Executives
Koontz Craig C. director C/O HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Vuncannon Tony J. officer: EVP, CFO and Treasurer C/O HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Westbrook Hunter officer: EVP, Chief Banking Officer C/O HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Williams Richard Tyrone director HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Kendall Laura C director C/O CHARLES & COLVARD 3800 GATEWAY BLVD #310 MORRISVILLE NC 27560
Houghton Keith J officer: EVP, Chief Credit Officer C/O HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Stonestreet Dana L. director, officer: President and CEO C/O HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Biesecker Sidney A. director C/O HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Goforth J. Steven director C/O HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Mcfarland F. K. Iii director C/O HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Little R. Parrish officer: EVP, Chief Risk Officer HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
James Robert E. director HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Switzer John director BARINGS LLC 300 SOUTH TRYON STREET, SUITE 2500 CHARLOTTE NC 28202
Caywood Marty T. officer: EVP, Chief Information Officer HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Labian Paula C. officer: EVP, Chief Human Resources Off HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801

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