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NASB Financial (NASB Financial) Asset Turnover : 0.01 (As of Dec. 2023)


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What is NASB Financial Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. NASB Financial's Revenue for the three months ended in Dec. 2023 was $20.00 Mil. NASB Financial's Total Assets for the quarter that ended in Dec. 2023 was $2,783.19 Mil. Therefore, NASB Financial's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. NASB Financial's annualized ROE % for the quarter that ended in Dec. 2023 was 7.78%. It is also linked to ROA % through Du Pont Formula. NASB Financial's annualized ROA % for the quarter that ended in Dec. 2023 was 1.10%.


NASB Financial Asset Turnover Historical Data

The historical data trend for NASB Financial'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.

NASB Financial Asset Turnover Chart

NASB Financial Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.09 0.08 0.04 0.03

NASB Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 NASB Financial's Asset Turnover

For the Banks - Regional subindustry, NASB Financial'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.


NASB Financial's Asset Turnover Distribution in the Banks Industry

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

* The bar in red indicates where NASB Financial's Asset Turnover falls into.



NASB Financial Asset Turnover Calculation

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

NASB Financial's Asset Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=91.682/( (2644.364+2814.082)/ 2 )
=91.682/2729.223
=0.03

NASB Financial's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=20/( (2814.082+2752.294)/ 2 )
=20/2783.188
=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.


NASB Financial  (OTCPK:NASB) Asset Turnover Explanation

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

NASB Financial's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=30.548/392.536
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(30.548 / 80)*(80 / 2783.188)*(2783.188/ 392.536)
=Net Margin %*Asset Turnover*Equity Multiplier
=38.19 %*0.0287*7.0903
=ROA %*Equity Multiplier
=1.10 %*7.0903
=7.78 %

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

NASB Financial's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=30.548/2783.188
=(Net Income / Revenue)*(Revenue / Total Assets)
=(30.548 / 80)*(80 / 2783.188)
=Net Margin %*Asset Turnover
=38.19 %*0.0287
=1.10 %

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


NASB Financial Asset Turnover Related Terms

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


NASB Financial (NASB Financial) Business Description

Traded in Other Exchanges
N/A
Address
12498 South 71 Highway, Grandview, MO, USA, 64030
NASB Financial Inc is a federally chartered stock savings bank, whose business is to attract deposits from the general public and to originate real estate loans, other loans, and short-term investments. It has a portfolio of mortgage loans that are secured by multifamily, construction, development, and commercial real estate properties. Its sources of income include interest on loans, interest on MBS, interest on investment securities, customer service fees, and mortgage banking fees.
Executives
Frederick V Arbanas director 3350 SOUTHWEST HOOK ROAD, LEE'S SUMMIT MO 64082
David H Hancock director, 10 percent owner, officer: Chairman and CEO 12498 S 71 HIGHWAY, GRANDVIEW MO 64030
Linda S Hancock director 5049 WORNALL RD 5EF, KANSAS CITY MO 64112
Wagers Thomas B Sr officer: Vice President 6444 SUMMIT STREET, KANSAS CITY MO 64113
John M Nesselrode officer: Vice President 22004 W 52ND, SHAWNEE KS 66226
Braman Michael P Jr officer: Vice President 14074 S BLACKFOOT COURT, OLATHE KS 66062
Dena K Sanders officer: Vice President 7401 WARD PARKWAY, KANSAS CITY MO 64114
Derek A Bridges officer: Vice President 3607 W 156TH TERRACE, OVERLAND PARK KS 66224
Barrett Brady director 411 W 46TH TERRACE, APT 503, KANSAS CITY MO 64112
Laura Brady director 4949 WORNALL ROAD #300, KANSAS CITY MO 64112
Michael G Anderson officer: Vice President 14321 MELROSE STREET, OVERLAND PARK KS 66221
Russell W Welsh director 644 N MEYER BLVD, KANSAS CITY MO 64113
Jim A Watson director, officer: Vice President 19 WEST 70TH STREET, KANSAS CITY MO 64113
Fletcher M Lamkin director 501 WESTMINSTER AVE., FULTON MO 65251
Wade M Hall officer: Vice President 14300 CONNELL ST, OVERLAND PARK KS 66021

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