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Paragon Financial Solutions (Paragon Financial Solutions) Asset Turnover : 0.01 (As of Mar. 2008)


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What is Paragon Financial Solutions Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Paragon Financial Solutions's Revenue for the three months ended in Mar. 2008 was $2.66 Mil. Paragon Financial Solutions's Total Assets for the quarter that ended in Mar. 2008 was $319.65 Mil. Therefore, Paragon Financial Solutions's Asset Turnover for the quarter that ended in Mar. 2008 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Paragon Financial Solutions's annualized ROE % for the quarter that ended in Mar. 2008 was 0.33%. It is also linked to ROA % through Du Pont Formula. Paragon Financial Solutions's annualized ROA % for the quarter that ended in Mar. 2008 was 0.03%.


Paragon Financial Solutions Asset Turnover Historical Data

The historical data trend for Paragon Financial Solutions'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.

Paragon Financial Solutions Asset Turnover Chart

Paragon Financial Solutions Annual Data
Trend Dec05 Dec06 Dec07
Asset Turnover
0.02 0.03 0.03

Paragon Financial Solutions Quarterly Data
Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Paragon Financial Solutions's Asset Turnover

For the Banks - Regional subindustry, Paragon Financial Solutions'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.


Paragon Financial Solutions's Asset Turnover Distribution in the Banks Industry

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

* The bar in red indicates where Paragon Financial Solutions's Asset Turnover falls into.



Paragon Financial Solutions Asset Turnover Calculation

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

Paragon Financial Solutions's Asset Turnover for the fiscal year that ended in Dec. 2007 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2007 )/( (Total Assets (A: Dec. 2006 )+Total Assets (A: Dec. 2007 ))/ count )
=9.391/( (233.786+314.845)/ 2 )
=9.391/274.3155
=0.03

Paragon Financial Solutions's Asset Turnover for the quarter that ended in Mar. 2008 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2008 )/( (Total Assets (Q: Dec. 2007 )+Total Assets (Q: Mar. 2008 ))/ count )
=2.66/( (314.845+324.45)/ 2 )
=2.66/319.6475
=0.01

* 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.


Paragon Financial Solutions  (OTCPK:PGNN) Asset Turnover Explanation

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

Paragon Financial Solutions's annulized ROE % for the quarter that ended in Mar. 2008 is

ROE %**(Q: Mar. 2008 )
=Net Income/Total Stockholders Equity
=0.1/30.5065
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.1 / 10.64)*(10.64 / 319.6475)*(319.6475/ 30.5065)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.94 %*0.0333*10.478
=ROA %*Equity Multiplier
=0.03 %*10.478
=0.33 %

Note: The Net Income data used here is four times the quarterly (Mar. 2008) net income data. The Revenue data used here is four times the quarterly (Mar. 2008) 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:

Paragon Financial Solutions's annulized ROA % for the quarter that ended in Mar. 2008 is

ROA %(Q: Mar. 2008 )
=Net Income/Total Assets
=0.1/319.6475
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.1 / 10.64)*(10.64 / 319.6475)
=Net Margin %*Asset Turnover
=0.94 %*0.0333
=0.03 %

Note: The Net Income data used here is four times the quarterly (Mar. 2008) net income data. The Revenue data used here is four times the quarterly (Mar. 2008) 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.


Paragon Financial Solutions Asset Turnover Related Terms

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Paragon Financial Solutions (Paragon Financial Solutions) Business Description

Traded in Other Exchanges
N/A
Address
5400 Poplar Avenue, Suite 350, Memphis, TN, USA, 38119
Paragon Financial Solutions Inc provides small and mid-sized businesses, along with their owners and executives, with a complete package of banking solutions delivered both in-person and online. The company provides Cash Management Solutions; Commerical Lending; Personal Checking Accounts; Mortgages; Private Banking and others.

Paragon Financial Solutions (Paragon Financial Solutions) Headlines

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