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Luxor AS (OCSE:LUXOR B) Asset Turnover : 0.03 (As of Mar. 2025)


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What is Luxor AS Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Luxor AS's Revenue for the three months ended in Mar. 2025 was kr25.6 Mil. Luxor AS's Total Assets for the quarter that ended in Mar. 2025 was kr951.5 Mil. Therefore, Luxor AS's Asset Turnover for the quarter that ended in Mar. 2025 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Luxor AS's annualized ROE % for the quarter that ended in Mar. 2025 was 10.20%. It is also linked to ROA % through Du Pont Formula. Luxor AS's annualized ROA % for the quarter that ended in Mar. 2025 was 4.30%.


Luxor AS Asset Turnover Historical Data

The historical data trend for Luxor AS'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.

Luxor AS Asset Turnover Chart

Luxor AS Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.10 0.12 0.08 0.15

Luxor AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.02 0.08 0.03 0.03

Competitive Comparison of Luxor AS's Asset Turnover

For the Mortgage Finance subindustry, Luxor AS'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.


Luxor AS's Asset Turnover Distribution in the Banks Industry

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

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


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Luxor AS Asset Turnover Calculation

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

Luxor AS's Asset Turnover for the fiscal year that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2024 )/( (Total Assets (A: Sep. 2023 )+Total Assets (A: Sep. 2024 ))/ count )
=149.259/( (1022.235+944.32)/ 2 )
=149.259/983.2775
=0.15

Luxor AS's Asset Turnover for the quarter that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=25.599/( (944.855+958.07)/ 2 )
=25.599/951.4625
=0.03

* 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.


Luxor AS  (OCSE:LUXOR B) Asset Turnover Explanation

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

Luxor AS's annulized ROE % for the quarter that ended in Mar. 2025 is

ROE %**(Q: Mar. 2025 )
=Net Income/Total Stockholders Equity
=40.932/401.3345
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(40.932 / 102.396)*(102.396 / 951.4625)*(951.4625/ 401.3345)
=Net Margin %*Asset Turnover*Equity Multiplier
=39.97 %*0.1076*2.3707
=ROA %*Equity Multiplier
=4.30 %*2.3707
=10.20 %

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

Luxor AS's annulized ROA % for the quarter that ended in Mar. 2025 is

ROA %(Q: Mar. 2025 )
=Net Income/Total Assets
=40.932/951.4625
=(Net Income / Revenue)*(Revenue / Total Assets)
=(40.932 / 102.396)*(102.396 / 951.4625)
=Net Margin %*Asset Turnover
=39.97 %*0.1076
=4.30 %

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


Luxor AS Asset Turnover Related Terms

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


Luxor AS Business Description

Traded in Other Exchanges
N/A
Address
Frederiksborggade, 4th floor, Copenhagen, DNK, 1360
Luxor AS is an investment company. Its objective is to create the possible long-term return for shareholders through investment for equity and foreign capital within the defined risk framework. The company operates through four segments namely Mortgage deeds, Bonds, Shares and Investment properties. Its mortgage deed portfolio comprises of single family-houses, flats, cooperative housing, holiday houses, farms, and residential and business properties. The bond portfolio includes various corporate bonds. Its investment property portfolio consists of offices, shops, warehouses and production facilities.

Luxor AS Headlines

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