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Krukivsky Carriage Works PJSC (UKEX:KVBZ) Asset Turnover : 0.75 (As of Dec. 2022)


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What is Krukivsky Carriage Works PJSC Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Krukivsky Carriage Works PJSC's Revenue for the six months ended in Dec. 2022 was ₴3,544 Mil. Krukivsky Carriage Works PJSC's Total Assets for the quarter that ended in Dec. 2022 was ₴4,721 Mil. Therefore, Krukivsky Carriage Works PJSC's Asset Turnover for the quarter that ended in Dec. 2022 was 0.75.

Asset Turnover is linked to ROE % through Du Pont Formula. Krukivsky Carriage Works PJSC's annualized ROE % for the quarter that ended in Dec. 2022 was 2.53%. It is also linked to ROA % through Du Pont Formula. Krukivsky Carriage Works PJSC's annualized ROA % for the quarter that ended in Dec. 2022 was 1.75%.


Krukivsky Carriage Works PJSC Asset Turnover Historical Data

The historical data trend for Krukivsky Carriage Works PJSC'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.

Krukivsky Carriage Works PJSC Asset Turnover Chart

Krukivsky Carriage Works PJSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Asset Turnover
Get a 7-Day Free Trial 1.58 1.97 0.78 0.57 0.75

Krukivsky Carriage Works PJSC Semi-Annual Data
Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Asset Turnover Get a 7-Day Free Trial 1.58 1.97 0.78 0.57 0.75

Competitive Comparison of Krukivsky Carriage Works PJSC's Asset Turnover

For the Railroads subindustry, Krukivsky Carriage Works PJSC'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.


Krukivsky Carriage Works PJSC's Asset Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Krukivsky Carriage Works PJSC's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Krukivsky Carriage Works PJSC's Asset Turnover falls into.



Krukivsky Carriage Works PJSC Asset Turnover Calculation

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

Krukivsky Carriage Works PJSC'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 )
=3543.812/( (4909.653+4532.293)/ 2 )
=3543.812/4720.973
=0.75

Krukivsky Carriage Works PJSC's Asset Turnover for the quarter that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Dec. 2022 ))/ count )
=3543.812/( (4909.653+4532.293)/ 2 )
=3543.812/4720.973
=0.75

* 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.


Krukivsky Carriage Works PJSC  (UKEX:KVBZ) Asset Turnover Explanation

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

Krukivsky Carriage Works PJSC's annulized ROE % for the quarter that ended in Dec. 2022 is

ROE %**(Q: Dec. 2022 )
=Net Income/Total Stockholders Equity
=82.576/3259.3155
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(82.576 / 7087.624)*(7087.624 / 4720.973)*(4720.973/ 3259.3155)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.17 %*1.5013*1.4485
=ROA %*Equity Multiplier
=1.75 %*1.4485
=2.53 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2022) net income data. The Revenue data used here is two times the semi-annual (Dec. 2022) 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:

Krukivsky Carriage Works PJSC's annulized ROA % for the quarter that ended in Dec. 2022 is

ROA %(Q: Dec. 2022 )
=Net Income/Total Assets
=82.576/4720.973
=(Net Income / Revenue)*(Revenue / Total Assets)
=(82.576 / 7087.624)*(7087.624 / 4720.973)
=Net Margin %*Asset Turnover
=1.17 %*1.5013
=1.75 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2022) net income data. The Revenue data used here is two times the semi-annual (Dec. 2022) 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.


Krukivsky Carriage Works PJSC Asset Turnover Related Terms

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Krukivsky Carriage Works PJSC (UKEX:KVBZ) Business Description

Traded in Other Exchanges
N/A
Address
139, Prikhodko Street, Kremenchug, UKR, 39621
Krukivsky Carriage Works PJSC is engaged in the manufacturing of railway vehicles in Ukraine. The Company produces new bogies for freight cars, passenger coaches and metro cars, tunnel and floor-to-floor escalators and welding electrodes.

Krukivsky Carriage Works PJSC (UKEX:KVBZ) Headlines

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