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PPAL (Peoples Trust Company Of St. Albans) Asset Turnover : 0.04 (As of Dec. 2023)


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What is Peoples Trust Company Of St. Albans Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Peoples Trust Company Of St. Albans's Revenue for the six months ended in Dec. 2023 was $15.77 Mil. Peoples Trust Company Of St. Albans's Total Assets for the quarter that ended in Dec. 2023 was $363.25 Mil. Therefore, Peoples Trust Company Of St. Albans's Asset Turnover for the quarter that ended in Dec. 2023 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Peoples Trust Company Of St. Albans's annualized ROE % for the quarter that ended in Dec. 2023 was 16.93%. It is also linked to ROA % through Du Pont Formula. Peoples Trust Company Of St. Albans's annualized ROA % for the quarter that ended in Dec. 2023 was 1.56%.


Peoples Trust Company Of St. Albans Asset Turnover Historical Data

The historical data trend for Peoples Trust Company Of St. Albans'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.

Peoples Trust Company Of St. Albans Asset Turnover Chart

Peoples Trust Company Of St. Albans Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 0.05 0.05 0.04 0.04 0.04

Peoples Trust Company Of St. Albans Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover Get a 7-Day Free Trial 0.05 0.05 0.04 0.04 0.04

Competitive Comparison of Peoples Trust Company Of St. Albans's Asset Turnover

For the Banks - Regional subindustry, Peoples Trust Company Of St. Albans'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.


Peoples Trust Company Of St. Albans's Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Peoples Trust Company Of St. Albans's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Peoples Trust Company Of St. Albans's Asset Turnover falls into.



Peoples Trust Company Of St. Albans Asset Turnover Calculation

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

Peoples Trust Company Of St. Albans's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=15.767/( (368.79+357.705)/ 2 )
=15.767/363.2475
=0.04

Peoples Trust Company Of St. Albans's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Dec. 2023 ))/ count )
=15.767/( (368.79+357.705)/ 2 )
=15.767/363.2475
=0.04

* 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.


Peoples Trust Company Of St. Albans  (OTCPK:PPAL) Asset Turnover Explanation

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

Peoples Trust Company Of St. Albans's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=5.682/33.566
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5.682 / 31.534)*(31.534 / 363.2475)*(363.2475/ 33.566)
=Net Margin %*Asset Turnover*Equity Multiplier
=18.02 %*0.0868*10.8219
=ROA %*Equity Multiplier
=1.56 %*10.8219
=16.93 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 2023) 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:

Peoples Trust Company Of St. Albans's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=5.682/363.2475
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5.682 / 31.534)*(31.534 / 363.2475)
=Net Margin %*Asset Turnover
=18.02 %*0.0868
=1.56 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 2023) 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.


Peoples Trust Company Of St. Albans Asset Turnover Related Terms

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Peoples Trust Company Of St. Albans Business Description

Traded in Other Exchanges
N/A
Address
25 Kingman Street, Saint Albans, VT, USA, 05478
Peoples Trust Company Of St. Albans is a banking company. The Bank provides financial services to individuals, municipalities, commercial, and non-profit customers through its branches in northwestern Vermont. The services provided by the bank are checking and savings accounts, online access, personal banking, business banking, community banking, and certificates of deposit. The lending products of the bank are commercial, real estate, agricultural, agricultural real estate, equity, municipal, and consumer loans.

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