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Frog Cellsat (NSE:FROG) Asset Turnover : 0.47 (As of Dec. 2024)


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What is Frog Cellsat Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Frog Cellsat's Revenue for the three months ended in Dec. 2024 was ₹912 Mil. Frog Cellsat's Total Assets for the quarter that ended in Dec. 2024 was ₹1,948 Mil. Therefore, Frog Cellsat's Asset Turnover for the quarter that ended in Dec. 2024 was 0.47.

Asset Turnover is linked to ROE % through Du Pont Formula. Frog Cellsat's annualized ROE % for the quarter that ended in Dec. 2024 was 43.56%. It is also linked to ROA % through Du Pont Formula. Frog Cellsat's annualized ROA % for the quarter that ended in Dec. 2024 was 31.31%.


Frog Cellsat Asset Turnover Historical Data

The historical data trend for Frog Cellsat'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.

Frog Cellsat Asset Turnover Chart

Frog Cellsat Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
1.00 1.34 1.40 1.13 1.05

Frog Cellsat Quarterly Data
Mar20 Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.28 0.26 0.23 0.23 0.47

Competitive Comparison of Frog Cellsat's Asset Turnover

For the Communication Equipment subindustry, Frog Cellsat'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.


Frog Cellsat's Asset Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Frog Cellsat's Asset Turnover distribution charts can be found below:

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


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Frog Cellsat Asset Turnover Calculation

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

Frog Cellsat's Asset Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=1549.862/( (1373.319+1581.486)/ 2 )
=1549.862/1477.4025
=1.05

Frog Cellsat's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=911.513/( (1948.466+0)/ 1 )
=911.513/1948.466
=0.47

* 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.


Frog Cellsat  (NSE:FROG) Asset Turnover Explanation

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

Frog Cellsat's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=610.072/1400.597
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(610.072 / 3646.052)*(3646.052 / 1948.466)*(1948.466/ 1400.597)
=Net Margin %*Asset Turnover*Equity Multiplier
=16.73 %*1.8712*1.3912
=ROA %*Equity Multiplier
=31.31 %*1.3912
=43.56 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) 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:

Frog Cellsat's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=610.072/1948.466
=(Net Income / Revenue)*(Revenue / Total Assets)
=(610.072 / 3646.052)*(3646.052 / 1948.466)
=Net Margin %*Asset Turnover
=16.73 %*1.8712
=31.31 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) 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.


Frog Cellsat Asset Turnover Related Terms

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Frog Cellsat Business Description

Traded in Other Exchanges
N/A
Address
C-23, Sector 80, Noida, UP, IND, 201305
Frog Cellsat Ltd is a company engaged in manufacturing telecom equipment used by telecom operators, especially in Telecom Towers. The company manufactures 2G/3G/4G/5G Multi-band Digital RF Repeaters, Multi-band Frequency Shift Repeaters, Multi-band Optical DAS systems, relative software, and accessories. The company also offers In-Building Coverage Planning and Design services along with Radio Access Network (RAN) and Backhaul Network installation services. Also, the production line is equipped with anti-static equipment, all products are subject to rigorous and reliable tests. The company collectively operates only in one business segment manufacturing and installation of in-building coverage solutions and mobile network accessories for mobile service providers and operators.