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Swvl Holdings (Swvl Holdings) Asset Turnover : 0.00 (As of Jun. 2023)


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What is Swvl Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Swvl Holdings's Revenue for the three months ended in Jun. 2023 was $0.00 Mil. Swvl Holdings's Total Assets for the quarter that ended in Jun. 2023 was $46.06 Mil. Therefore, Swvl Holdings's Asset Turnover for the quarter that ended in Jun. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Swvl Holdings's annualized ROE % for the quarter that ended in Jun. 2023 was 0.00%. It is also linked to ROA % through Du Pont Formula. Swvl Holdings's annualized ROA % for the quarter that ended in Jun. 2023 was 0.00%.


Swvl Holdings Asset Turnover Historical Data

The historical data trend for Swvl Holdings'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.

Swvl Holdings Asset Turnover Chart

Swvl Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Asset Turnover
- 0.67 0.60 0.61 0.88

Swvl Holdings Quarterly Data
Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 - 0.23 -0.16 -

Competitive Comparison of Swvl Holdings's Asset Turnover

For the Software - Application subindustry, Swvl Holdings'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.


Swvl Holdings's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Swvl Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Swvl Holdings's Asset Turnover falls into.



Swvl Holdings Asset Turnover Calculation

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

Swvl Holdings'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 )
=51.49/( (59.339+57.463)/ 2 )
=51.49/58.401
=0.88

Swvl Holdings'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 )
=0/( (57.463+34.653)/ 2 )
=0/46.058
=0.00

* 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.


Swvl Holdings  (NAS:SWVL) Asset Turnover Explanation

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

Swvl Holdings's annulized ROE % for the quarter that ended in Jun. 2023 is

ROE %**(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=0/7.4485
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 46.058)*(46.058/ 7.4485)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*6.1835
=ROA %*Equity Multiplier
=0.00 %*6.1835
=0.00 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (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:

Swvl Holdings's annulized ROA % for the quarter that ended in Jun. 2023 is

ROA %(Q: Jun. 2023 )
=Net Income/Total Assets
=0/46.058
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 46.058)
=Net Margin %*Asset Turnover
= %*0
=0.00 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (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.


Swvl Holdings Asset Turnover Related Terms

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Swvl Holdings (Swvl Holdings) Business Description

Traded in Other Exchanges
N/A
Address
The Offices 4, One Central, Dubai World Trade Centre, Dubai, ARE
Swvl Holdings Corp is a technology-driven mobility company that aims to provide reliable, safe, cost-effective and environmentally responsible mass transit solutions. Its technology and services provide commuters, travelers and businesses with an alternative to traditional public transportation, taxi companies or other ridesharing companies. The company's core product is B2C Swvl Retail offering, which provides riders with a network of minibuses and other vehicles running on fixed or semi-fixed routes within cities. Commuters use its Swvl mobile application to book rides between pre-defined pick-up points located throughout the city.