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Randolph Bancorp (Randolph Bancorp) Asset Turnover : 0.01 (As of Jun. 2022)


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What is Randolph Bancorp Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Randolph Bancorp's Revenue for the three months ended in Jun. 2022 was $7.84 Mil. Randolph Bancorp's Total Assets for the quarter that ended in Jun. 2022 was $772.52 Mil. Therefore, Randolph Bancorp's Asset Turnover for the quarter that ended in Jun. 2022 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Randolph Bancorp's annualized ROE % for the quarter that ended in Jun. 2022 was 1.12%. It is also linked to ROA % through Du Pont Formula. Randolph Bancorp's annualized ROA % for the quarter that ended in Jun. 2022 was 0.13%.


Randolph Bancorp Asset Turnover Historical Data

The historical data trend for Randolph Bancorp'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.

Randolph Bancorp Asset Turnover Chart

Randolph Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Get a 7-Day Free Trial 0.06 0.05 0.06 0.11 0.07

Randolph Bancorp Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.01 0.01 0.01

Competitive Comparison of Randolph Bancorp's Asset Turnover

For the Banks - Regional subindustry, Randolph Bancorp'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.


Randolph Bancorp's Asset Turnover Distribution in the Banks Industry

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

* The bar in red indicates where Randolph Bancorp's Asset Turnover falls into.



Randolph Bancorp Asset Turnover Calculation

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

Randolph Bancorp's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=53.883/( (721.072+803.278)/ 2 )
=53.883/762.175
=0.07

Randolph Bancorp's Asset Turnover for the quarter that ended in Jun. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Jun. 2022 ))/ count )
=7.836/( (770.284+774.753)/ 2 )
=7.836/772.5185
=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.


Randolph Bancorp  (NAS:RNDB) Asset Turnover Explanation

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

Randolph Bancorp's annulized ROE % for the quarter that ended in Jun. 2022 is

ROE %**(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=0.992/88.878
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.992 / 31.344)*(31.344 / 772.5185)*(772.5185/ 88.878)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.16 %*0.0406*8.6919
=ROA %*Equity Multiplier
=0.13 %*8.6919
=1.12 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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:

Randolph Bancorp's annulized ROA % for the quarter that ended in Jun. 2022 is

ROA %(Q: Jun. 2022 )
=Net Income/Total Assets
=0.992/772.5185
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.992 / 31.344)*(31.344 / 772.5185)
=Net Margin %*Asset Turnover
=3.16 %*0.0406
=0.13 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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.


Randolph Bancorp Asset Turnover Related Terms

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


Randolph Bancorp (Randolph Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
2 Batterymarch Park, Suite 301, Quincy, MA, USA, 02169
Randolph Bancorp Inc is a bank holding company of Envision Bank. The company is engaged in providing financial services to individuals, families, and small to mid-size businesses. The business of the company includes accepting deposits from the public and investing those deposits, commercial real estate loans, construction loans, investment securities, and consumer loans. The firm also offers deposit accounts, certificates of deposit, and money market accounts. The company has two reporting segments; Envision Bank, which is the key revenue generating segment; and Envision Mortgage. Envision Mortgage consists primarily of gains on loan origination and sales activities, loan servicing income and interest income on loans held for sale and residential construction loans.
Executives
Martin S. Friedman 10 percent owner 7901 JONES BRANCH DR. SUITE 210, MCLEAN VA 22102
Richard C. Pierce director C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
William M Parent director, officer: President & CEO C/O GRAIL INVESTMENT CORP., 767 THIRD AVENUE, 21ST FLOOR, NEW YORK NY 10017
Evelyn Kaupp director C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
Ronald K Perry director 320 NORWOOD PARK SOUTH, NORWOOD MA 02062
Pamela C Scott director 151 BRADLEE AVENUE, SWAMPSCOTT MA 01907
Ryan J. Kirwin officer: See Remarks C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
Louis J. Trubiano director C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
Thomas A. Foresta officer: See Remarks C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
Quigley Kenneth K Jr director
Olson Richard D. Jr. officer: See Remarks C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
Lauren Messmore officer: EVP & CFO 320 NORWOOD PARK SOUTH, NORWOOD MA 02062
Janis E. Wentzell director C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
James G. Welch director C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
Nancy J. Curry officer: SVP/Commercial Lending C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072

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