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NCPL (Netcapital) Asset Turnover : 0.00 (As of Jan. 2025)


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What is Netcapital Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Netcapital's Revenue for the three months ended in Jan. 2025 was $0.15 Mil. Netcapital's Total Assets for the quarter that ended in Jan. 2025 was $40.92 Mil. Therefore, Netcapital's Asset Turnover for the quarter that ended in Jan. 2025 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Netcapital's annualized ROE % for the quarter that ended in Jan. 2025 was -33.24%. It is also linked to ROA % through Du Pont Formula. Netcapital's annualized ROA % for the quarter that ended in Jan. 2025 was -29.39%.


Netcapital Asset Turnover Historical Data

The historical data trend for Netcapital'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.

Netcapital Asset Turnover Chart

Netcapital Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Asset Turnover
Get a 7-Day Free Trial 1.20 0.34 0.19 0.23 0.12

Netcapital Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 0.02 0.01 - - -

Competitive Comparison of Netcapital's Asset Turnover

For the Capital Markets subindustry, Netcapital'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.


Netcapital's Asset Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Netcapital's Asset Turnover distribution charts can be found below:

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


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Netcapital Asset Turnover Calculation

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

Netcapital's Asset Turnover for the fiscal year that ended in Apr. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Apr. 2024 )/( (Total Assets (A: Apr. 2023 )+Total Assets (A: Apr. 2024 ))/ count )
=4.951/( (41.82+41.557)/ 2 )
=4.951/41.6885
=0.12

Netcapital's Asset Turnover for the quarter that ended in Jan. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2025 )/( (Total Assets (Q: Oct. 2024 )+Total Assets (Q: Jan. 2025 ))/ count )
=0.153/( (41.938+39.901)/ 2 )
=0.153/40.9195
=0.00

* 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.


Netcapital  (NAS:NCPL) Asset Turnover Explanation

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

Netcapital's annulized ROE % for the quarter that ended in Jan. 2025 is

ROE %**(Q: Jan. 2025 )
=Net Income/Total Stockholders Equity
=-12.028/36.188
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-12.028 / 0.612)*(0.612 / 40.9195)*(40.9195/ 36.188)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1965.36 %*0.015*1.1307
=ROA %*Equity Multiplier
=-29.39 %*1.1307
=-33.24 %

Note: The Net Income data used here is four times the quarterly (Jan. 2025) net income data. The Revenue data used here is four times the quarterly (Jan. 2025) 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:

Netcapital's annulized ROA % for the quarter that ended in Jan. 2025 is

ROA %(Q: Jan. 2025 )
=Net Income/Total Assets
=-12.028/40.9195
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-12.028 / 0.612)*(0.612 / 40.9195)
=Net Margin %*Asset Turnover
=-1965.36 %*0.015
=-29.39 %

Note: The Net Income data used here is four times the quarterly (Jan. 2025) net income data. The Revenue data used here is four times the quarterly (Jan. 2025) 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.


Netcapital Asset Turnover Related Terms

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


Netcapital Business Description

Traded in Other Exchanges
N/A
Address
1 Lincoln Street, Boston, MA, USA, 02111
Netcapital Inc is a financial technology company. The company facilitates the growth of private companies by providing fundraising services and other consulting services. The company's online private investment platform connects entrepreneurs and investors, enabling companies to raise capital digitally. The Company operates in a single operating segment, which is the provision of fintech services.
Executives
Steven F Geary director 1 LINCOLN STREET, BOSTON MA 02111
Arnold Scott director 14 CORTLAND AVE, STRATHAM NH 03885
Martin Robert Kay director 26 KINGSTON ROAD, NEWTON MA 02461
Carole Lisa Murko officer: Chief Marketing Officer PO BOX 628, STOCKBRIDGE MA 01262
Kraysler Coreen Sarah officer: Chief Financial Officer 2 SUMMIT AVE, HULL MA 02045
Cecilia Lenk officer: Chief Executive Officer 745 ATLANTIC AVENUE, SUITE 1024, BOSTON MA 20111
Kathryn Kraysler officer: Chief Marketing Officer 745 ATLANTIC AVE, BOSTON MA 02111
Manuel Goncalves Teixeira officer: CEO 668 CHRISTIAN ROAD, MIDDLEBURY CT 06762
Avi Liss director 233 HARVARD STREET #308, BROOKLINE MA 02446