>
Switch to:

Randolph Bancorp Asset Turnover

: 0.01 (As of Mar. 2022)
View and export this data going back to 2016. Start your Free Trial

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Randolph Bancorp's Revenue for the three months ended in Mar. 2022 was $7.46 Mil. Randolph Bancorp's Total Assets for the quarter that ended in Mar. 2022 was $786.78 Mil. Therefore, Randolph Bancorp's Asset Turnover for the quarter that ended in Mar. 2022 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Randolph Bancorp's annualized ROE % for the quarter that ended in Mar. 2022 was -0.99%. It is also linked to ROA % through Du Pont Formula. Randolph Bancorp's annualized ROA % for the quarter that ended in Mar. 2022 was -0.12%.


Randolph Bancorp Asset Turnover Historical Data

The historical data trend for Randolph 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.

Randolph Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Premium Member Only Premium Member Only Premium Member Only 0.06 0.05 0.06 0.11 0.07

Randolph Bancorp Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 0.02 0.02 0.02 0.01 0.01

Randolph Bancorp Asset Turnover Calculation

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

Randolph Bancorp's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=53.883/( (721.072+803.278)/ 2 )
=53.883/762.175
=0.07

Randolph Bancorp's Asset Turnover for the quarter that ended in Mar. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Mar. 2022 ))/ count )
=7.459/( (803.278+770.284)/ 2 )
=7.459/786.781
=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.


Randolph Bancorp  (NAS:RNDB) Asset Turnover Explanation

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

Randolph Bancorp's annulized ROE % for the quarter that ended in Mar. 2022 is

ROE %**(Q: Mar. 2022 )
=Net Income/Total Stockholders Equity
=-0.94/94.6905
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.94 / 29.836)*(29.836 / 786.781)*(786.781/ 94.6905)
=Net Margin %*Asset Turnover*Equity Multiplier
=-3.15 %*0.0379*8.309
=ROA %*Equity Multiplier
=-0.12 %*8.309
=-0.99 %

Note: The Net Income data used here is four times the quarterly (Mar. 2022) net income data. The Revenue data used here is four times the quarterly (Mar. 2022) 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:

Randolph Bancorp's annulized ROA % for the quarter that ended in Mar. 2022 is

ROA %(Q: Mar. 2022 )
=Net Income/Total Assets
=-0.94/786.781
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.94 / 29.836)*(29.836 / 786.781)
=Net Margin %*Asset Turnover
=-3.15 %*0.0379
=-0.12 %

Note: The Net Income data used here is four times the quarterly (Mar. 2022) net income data. The Revenue data used here is four times the quarterly (Mar. 2022) 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.


Randolph Bancorp Asset Turnover Related Terms

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


Randolph Bancorp Business Description

Randolph Bancorp logo
Industry
Financial Services » Banks NAICS : 522110 SIC : 6022
Traded in Other Exchanges
N/A
Address
10 Cabot Place, Stoughton, MA, USA, 02072
Randolph Bancorp Inc is a bank holding company of Envision Bank. The company is engaged in providing financial services to individuals, families, and small to mid-size businesses. The business of the company includes accepting deposits from the public and investing those deposits, commercial real estate loans, construction loans, investment securities, and consumer loans. The firm also offers deposit accounts, certificates of deposit, and money market accounts. The company has two reporting segments; Envision Bank, which is the key revenue generating segment; and Envision Mortgage. Envision Mortgage consists primarily of gains on loan origination and sales activities, loan servicing income and interest income on loans held for sale and residential construction loans.
Executives
Kirwin Ryan J. officer: EVP/Residential Lending C/O RANDOLPH BANCORP, INC. 10 CABOT PLACE STOUGHTON MA 02072
Parent William M director, officer: President and CEO C/O GRAIL INVESTMENT CORP. 767 THIRD AVENUE, 21ST FLOOR NEW YORK NY 10017
Olson Richard D. Jr. officer: SVP/Retail & Marketing C/O RANDOLPH BANCORP, INC. 10 CABOT PLACE STOUGHTON MA 02072
Pierce Richard C. director C/O RANDOLPH BANCORP, INC. 10 CABOT PLACE STOUGHTON MA 02072
Wentzell Janis E. director C/O RANDOLPH BANCORP, INC. 10 CABOT PLACE STOUGHTON MA 02072
Welch James G. director C/O RANDOLPH BANCORP, INC. 10 CABOT PLACE STOUGHTON MA 02072
Trubiano Louis J. director C/O RANDOLPH BANCORP, INC. 10 CABOT PLACE STOUGHTON MA 02072
Joyce Daniel M. director C/O RANDOLPH BANCORP, INC. 10 CABOT PLACE STOUGHTON MA 02072
Messmore Lauren officer: EVP, CFO and Treasurer 320 NORWOOD PARK SOUTH NORWOOD MA 02062
Quigley Kenneth K Jr director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: QUIGLEY KENNETH K JR a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Foresta Thomas A. officer: SVP/CIO C/O RANDOLPH BANCORP, INC. 10 CABOT PLACE STOUGHTON MA 02072
Curry Nancy J. officer: SVP/Commercial Lending C/O RANDOLPH BANCORP, INC. 10 CABOT PLACE STOUGHTON MA 02072
Thaxter Donna L. officer: SVP/Residential Operations C/O RANDOLPH BANCORP, INC. 10 CABOT PLACE STOUGHTON MA 02072
Devlin Michael K officer: EVP, CFO and Treasurer C/O RANDOLPH BANCORP, INC. 10 CABOT PLACE STOUGHTON MA 02072
Mcdonough James P director, officer: President and CEO C/O RANDOLPH BANCORP, INC. 10 CABOT PLACE STOUGHTON MA 02072

Randolph Bancorp Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)