C & I Leasing (NSA:CILEASING) Asset Turnover: 0.00 (As of . 20)


What is C & I Leasing Asset Turnover?

C & I Leasing NSA:CILEASING -3.33% Asset Turnover is 0.00 as of . 20.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. C & I Leasing's Revenue for the three months ended in . 20 was ₦ Mil. C & I Leasing's Total Assets for the quarter that ended in . 20 was ₦ Mil. Therefore, C & I Leasing's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. C & I Leasing's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. C & I Leasing's annualized ROA % for the quarter that ended in . 20 was %.


C & I Leasing  (NSA:CILEASING) Asset Turnover Explanation

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

C & I Leasing's annulized ROE % for the quarter that ended in . 20 is

ROE %**(Q: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=( / )*( / )*(/ )
=Net Margin %*Asset Turnover*Equity Multiplier
= %**
=ROA %*Equity Multiplier
= %*
= %

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) 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:

C & I Leasing's annulized ROA % for the quarter that ended in . 20 is

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) 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.


C & I Leasing Asset Turnover Related Terms


C & I Leasing Asset Turnover Historical Data

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The historical data trend for C & I Leasing'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.

C & I Leasing Asset Turnover Chart

C & I Leasing Annual Data
Trend
Asset Turnover

C & I Leasing Quarterly Data
Asset Turnover

NSA:CILEASING vs ACY: Asset Turnover Comparison

For the Rental & Leasing Services subindustry, C & I Leasing'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.


C & I Leasing Asset Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, C & I Leasing's Asset Turnover distribution charts can be found below:

* The bar in red indicates where C & I Leasing's Asset Turnover falls into.



C & I Leasing Asset Turnover Calculation

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

C & I Leasing's Asset Turnover for the fiscal year that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
=

C & I Leasing's Asset Turnover for the quarter that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
=

* 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 0.00 mean?
C & I Leasing (NSA:CILEASING) has a Asset Turnover of 0.00 as of . 20. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on C & I Leasing and its competitors.
Is C & I Leasing's Asset Turnover too high?
C & I Leasing's current Asset Turnover is 0.00.
How does C & I Leasing's Asset Turnover compare to ACY?
C & I Leasing's Asset Turnover of 0.00 can be compared against companies in the Business 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 Business Services company?
A good Asset Turnover depends on the Business 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 C & I Leasing and its competitors. C & I Leasing's current Asset Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is C & I Leasing stock overvalued right now?
C & I Leasing (NSA:CILEASING) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. 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 C & I Leasing (NSA:CILEASING), the current Asset Turnover is 0.00 as of . 20. 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.

C & I Leasing Business Description

Address 2 C&l Leasing Drive, Off Bisola Durosinmi Etti Drive, Leasing House, Off Admiralty Way, Lekki Phase 1, Lagos, NGA
C & I Leasing PLC is engaged in the provision of equipment leasing, logistics solutions in the form of car and marine vessel rentals, fleet management and personnel outsourcing through its main operating entity and its subsidiaries. Its segments include C&l Marine, C&l Fleet Management/ Hetrz Rent-A- Car, C&l Outsourcing, and Citracks. It derives the majority of the revenue from C&I Marine segment which is a division of C&l Leasing, providing onshore and offshore terminal services including berthing and escort, mooring, line and hose handling, pollution control, floating and self-elevating platforms.