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Resortvings and Loans (NSA:RESORTSAL) Asset Turnover : 0.00 (As of . 20)


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What is Resortvings and Loans Asset Turnover?

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

Asset Turnover is linked to ROE % through Du Pont Formula. Resortvings and Loans's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. Resortvings and Loans's annualized ROA % for the quarter that ended in . 20 was %.


Resortvings and Loans Asset Turnover Historical Data

The historical data trend for Resortvings and Loans'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.

Resortvings and Loans Asset Turnover Chart

Resortvings and Loans Annual Data
Trend
Asset Turnover

Resortvings and Loans Quarterly Data
Asset Turnover

Competitive Comparison of Resortvings and Loans's Asset Turnover

For the Mortgage Finance subindustry, Resortvings and Loans'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.


Resortvings and Loans's Asset Turnover Distribution in the Banks Industry

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

* The bar in red indicates where Resortvings and Loans's Asset Turnover falls into.



Resortvings and Loans Asset Turnover Calculation

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

Resortvings and Loans'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 )
=/( (+)/ )
=/
=

Resortvings and Loans'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.


Resortvings and Loans  (NSA:RESORTSAL) Asset Turnover Explanation

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

Resortvings and Loans'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:

Resortvings and Loans'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.


Resortvings and Loans Asset Turnover Related Terms

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Resortvings and Loans Business Description

Traded in Other Exchanges
N/A
Address
12, Boyle street Onikan, Lagos, NGA
Resort Savings and Loans PLC operates as a Mortgage bank. It is a primary Mortgage Bank (PMB) authorised to receive deposits and maintain accounts for their customers for the purpose of providing service, creating mortgage assets and other credit facilities. It provides retail Mortgage Banking Services to variety of customers to own their own houses. The bank is actively involved in the National Housing Fund loan disbursement and the monthly NHF remittance collection.

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