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Touchmark Bancshares (Touchmark Bancshares) Asset Turnover : 0.01 (As of Jun. 2012)


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What is Touchmark Bancshares Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Touchmark Bancshares's Revenue for the three months ended in Jun. 2012 was $1.67 Mil. Touchmark Bancshares's Total Assets for the quarter that ended in Jun. 2012 was $130.45 Mil. Therefore, Touchmark Bancshares's Asset Turnover for the quarter that ended in Jun. 2012 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Touchmark Bancshares's annualized ROE % for the quarter that ended in Jun. 2012 was 1.48%. It is also linked to ROA % through Du Pont Formula. Touchmark Bancshares's annualized ROA % for the quarter that ended in Jun. 2012 was 0.29%.


Touchmark Bancshares Asset Turnover Historical Data

The historical data trend for Touchmark Bancshares'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.

Touchmark Bancshares Asset Turnover Chart

Touchmark Bancshares Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Asset Turnover
- 0.05 0.04 0.05 0.04

Touchmark Bancshares Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12
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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Touchmark Bancshares's Asset Turnover

For the Banks - Regional subindustry, Touchmark Bancshares'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.


Touchmark Bancshares's Asset Turnover Distribution in the Banks Industry

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

* The bar in red indicates where Touchmark Bancshares's Asset Turnover falls into.



Touchmark Bancshares Asset Turnover Calculation

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

Touchmark Bancshares's Asset Turnover for the fiscal year that ended in Dec. 2011 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2011 )/( (Total Assets (A: Dec. 2010 )+Total Assets (A: Dec. 2011 ))/ count )
=5.792/( (144.997+132.601)/ 2 )
=5.792/138.799
=0.04

Touchmark Bancshares's Asset Turnover for the quarter that ended in Jun. 2012 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2012 )/( (Total Assets (Q: Mar. 2012 )+Total Assets (Q: Jun. 2012 ))/ count )
=1.671/( (130.009+130.898)/ 2 )
=1.671/130.4535
=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.


Touchmark Bancshares  (OTCPK:TMAK) Asset Turnover Explanation

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

Touchmark Bancshares's annulized ROE % for the quarter that ended in Jun. 2012 is

ROE %**(Q: Jun. 2012 )
=Net Income/Total Stockholders Equity
=0.38/25.7145
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.38 / 6.684)*(6.684 / 130.4535)*(130.4535/ 25.7145)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.69 %*0.0512*5.0731
=ROA %*Equity Multiplier
=0.29 %*5.0731
=1.48 %

Note: The Net Income data used here is four times the quarterly (Jun. 2012) net income data. The Revenue data used here is four times the quarterly (Jun. 2012) 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:

Touchmark Bancshares's annulized ROA % for the quarter that ended in Jun. 2012 is

ROA %(Q: Jun. 2012 )
=Net Income/Total Assets
=0.38/130.4535
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.38 / 6.684)*(6.684 / 130.4535)
=Net Margin %*Asset Turnover
=5.69 %*0.0512
=0.29 %

Note: The Net Income data used here is four times the quarterly (Jun. 2012) net income data. The Revenue data used here is four times the quarterly (Jun. 2012) 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.


Touchmark Bancshares Asset Turnover Related Terms

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


Touchmark Bancshares (Touchmark Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
3651 Old Milton Parkway, Alpharetta, GA, USA, 30005
Touchmark Bancshares Inc, through its banking subsidiary, Touchmark National Bank provides banking services to small- to mid-sized commercial, professional, and service companies and consumers. The services offered by the company include acceptance of deposits for demand, savings, commercial, and real estate lending, personal loans, and installment loans. It also provides online banking services, Remote Deposit Capture, credit cards, and merchant services.
Executives
Howard R. Greenfield director 3740 DAVINCI COURT SUITE 150 NORCROSS GA 30092

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