Asset Turnover is linked to ROE % through Du Pont Formula. Credito Valtellinese SpA's annualizedROE % for the quarter that ended in Dec. 2021 was -33.23%. It is also linked to ROA % through Du Pont Formula. Credito Valtellinese SpA's annualizedROA % for the quarter that ended in Dec. 2021 was -2.15%.
Credito Valtellinese SpA Asset Turnover Historical 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.
Competitive Comparison of Credito Valtellinese SpA's Asset Turnover
For the Banks - Regional subindustry, Credito Valtellinese SpA'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.
Credito Valtellinese SpA's Asset Turnover Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Credito Valtellinese SpA's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Credito Valtellinese SpA's Asset Turnover falls into.
* 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.
Note:
The Net Income data used here is two times the semi-annual (Dec. 2021) net income data. The Revenue data used here is two times the semi-annual (Dec. 2021) 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:
Credito Valtellinese SpA's annulizedROA % for the quarter that ended in Dec. 2021 is
Note:
The Net Income data used here is two times the semi-annual (Dec. 2021) net income data. The Revenue data used here is two times the semi-annual (Dec. 2021) 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.
Credito Valtellinese SpA Asset Turnover Related Terms
Thank you for viewing the detailed overview of Credito Valtellinese SpA's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Credito Valtellinese SpA (STU:VA92) Business Description
Credito Valtellinese SpA is a banking group operating in certain regions of Italy, Lombardia. The bank's customers include households, small to midsize enterprises, artisans, and professionals. Its network model assigns portions of its market to various retail territorial banks, and provides them with ongoing support through specialized finance and special-purpose companies, mostly through insurance services. The majority of the bank's net revenue comprises net interest income, followed by net fee and commission income. The bank's earning assets are mostly loans and receivables due from customers.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
STU:VA92 has been successfully added to your 