GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Republic Financial Hol Ltd (TRN:RFHL) » Definitions » Asset Turnover

Republic Financial Hol (TRN:RFHL) Asset Turnover : 0.02 (As of Dec. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Republic Financial Hol Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Republic Financial Hol's Revenue for the three months ended in Dec. 2024 was TTD1,868 Mil. Republic Financial Hol's Total Assets for the quarter that ended in Dec. 2024 was TTD121,093 Mil. Therefore, Republic Financial Hol's Asset Turnover for the quarter that ended in Dec. 2024 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Republic Financial Hol's annualized ROE % for the quarter that ended in Dec. 2024 was 15.56%. It is also linked to ROA % through Du Pont Formula. Republic Financial Hol's annualized ROA % for the quarter that ended in Dec. 2024 was 1.81%.


Republic Financial Hol Asset Turnover Historical Data

The historical data trend for Republic Financial Hol'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.

Republic Financial Hol Asset Turnover Chart

Republic Financial Hol Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Asset Turnover
Get a 7-Day Free Trial 0.06 0.05 0.06 0.06 0.06

Republic Financial Hol Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.02 0.02 0.02

Competitive Comparison of Republic Financial Hol's Asset Turnover

For the Banks - Regional subindustry, Republic Financial Hol'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.


Republic Financial Hol's Asset Turnover Distribution in the Banks Industry

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

* The bar in red indicates where Republic Financial Hol's Asset Turnover falls into.


;
;

Republic Financial Hol Asset Turnover Calculation

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

Republic Financial Hol's Asset Turnover for the fiscal year that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2024 )/( (Total Assets (A: Sep. 2023 )+Total Assets (A: Sep. 2024 ))/ count )
=7211/( (112928+118540)/ 2 )
=7211/115734
=0.06

Republic Financial Hol's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=1868/( (118540+123645)/ 2 )
=1868/121092.5
=0.02

* 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.


Republic Financial Hol  (TRN:RFHL) Asset Turnover Explanation

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

Republic Financial Hol's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=2188/14058
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2188 / 7472)*(7472 / 121092.5)*(121092.5/ 14058)
=Net Margin %*Asset Turnover*Equity Multiplier
=29.28 %*0.0617*8.6138
=ROA %*Equity Multiplier
=1.81 %*8.6138
=15.56 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) 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:

Republic Financial Hol's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=2188/121092.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2188 / 7472)*(7472 / 121092.5)
=Net Margin %*Asset Turnover
=29.28 %*0.0617
=1.81 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) 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.


Republic Financial Hol Asset Turnover Related Terms

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


Republic Financial Hol Business Description

Traded in Other Exchanges
N/A
Address
9-17 Park Street, Republic House, 4th Floor, West Indies, Port of Spain, TTO
Republic Financial Hol Ltd is a financial services group comprising several subsidiaries and associated companies. The company is engaged in providing a wide range of banking, financial, and related services to retail and commercial banking customers, corporate clients, and governments. It operates in two segments: retail and commercial banking, which generates maximum revenue, and other financial services. The company operates in the following geographical segments; Trinidad & Tobago, Barbados, Suriname, Eastern Caribbean, Guyana, Ghana, Cayman Islands, and the British Virgin Islands. It derives key revenue from its operations in Trinidad & Tobago.

Republic Financial Hol Headlines

No Headlines