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DFV Deutsche Familienversicherung AG (STU:DFV) Asset Turnover : 0.20 (As of Jun. 2023)


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What is DFV Deutsche Familienversicherung AG Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. DFV Deutsche Familienversicherung AG's Revenue for the six months ended in Jun. 2023 was €61.2 Mil. DFV Deutsche Familienversicherung AG's Total Assets for the quarter that ended in Jun. 2023 was €302.1 Mil. Therefore, DFV Deutsche Familienversicherung AG's Asset Turnover for the quarter that ended in Jun. 2023 was 0.20.

Asset Turnover is linked to ROE % through Du Pont Formula. DFV Deutsche Familienversicherung AG's annualized ROE % for the quarter that ended in Jun. 2023 was 2.93%. It is also linked to ROA % through Du Pont Formula. DFV Deutsche Familienversicherung AG's annualized ROA % for the quarter that ended in Jun. 2023 was 0.77%.


DFV Deutsche Familienversicherung AG Asset Turnover Historical Data

The historical data trend for DFV Deutsche Familienversicherung AG'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.

DFV Deutsche Familienversicherung AG Asset Turnover Chart

DFV Deutsche Familienversicherung AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.34 0.29 0.37 0.39

DFV Deutsche Familienversicherung AG Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.15 0.22 0.23 0.16 0.20

Competitive Comparison of DFV Deutsche Familienversicherung AG's Asset Turnover

For the Insurance - Diversified subindustry, DFV Deutsche Familienversicherung AG'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.


DFV Deutsche Familienversicherung AG's Asset Turnover Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, DFV Deutsche Familienversicherung AG's Asset Turnover distribution charts can be found below:

* The bar in red indicates where DFV Deutsche Familienversicherung AG's Asset Turnover falls into.



DFV Deutsche Familienversicherung AG Asset Turnover Calculation

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

DFV Deutsche Familienversicherung AG's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=119.755/( (284.046+338.617)/ 2 )
=119.755/311.3315
=0.38

DFV Deutsche Familienversicherung AG's Asset Turnover for the quarter that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=61.212/( (338.617+265.549)/ 2 )
=61.212/302.083
=0.20

* 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.


DFV Deutsche Familienversicherung AG  (STU:DFV) Asset Turnover Explanation

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

DFV Deutsche Familienversicherung AG's annulized ROE % for the quarter that ended in Jun. 2023 is

ROE %**(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=2.334/79.7345
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.334 / 122.424)*(122.424 / 302.083)*(302.083/ 79.7345)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.91 %*0.4053*3.7886
=ROA %*Equity Multiplier
=0.77 %*3.7886
=2.93 %

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

DFV Deutsche Familienversicherung AG's annulized ROA % for the quarter that ended in Jun. 2023 is

ROA %(Q: Jun. 2023 )
=Net Income/Total Assets
=2.334/302.083
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2.334 / 122.424)*(122.424 / 302.083)
=Net Margin %*Asset Turnover
=1.91 %*0.4053
=0.77 %

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


DFV Deutsche Familienversicherung AG Asset Turnover Related Terms

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DFV Deutsche Familienversicherung AG (STU:DFV) Business Description

Traded in Other Exchanges
Address
Reuterweg 47, Frankfurt, DEU, 60323
DFV Deutsche Familienversicherung AG is an InsurTech company. As a digital insurance company, the company covers the entire value chain with its own products. The company's goal is to offer insurance products that people really need and understand immediately. The company offers its customers multiple supplementary health insurance (dental, health, and long-term care insurance) as well as property/casualty insurance. The company is developing the IT system in-house and is engaging the insurance industry with digital product designs throughout as well as the option of taking out policies via digital voice assistants. The Company sets new industry standards with its fully digitized product design and is the first insurance company to offer insurance contracts via Amazon Alexa.
Executives
Dr. Stefan M. Knoll Board of Directors

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