GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » USCB Financial Holdings Inc (NAS:USCB) » Definitions » Asset Turnover

USCB Financial Holdings (USCB Financial Holdings) Asset Turnover : 0.01 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is USCB Financial 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. USCB Financial Holdings's Revenue for the three months ended in Mar. 2024 was $17.62 Mil. USCB Financial Holdings's Total Assets for the quarter that ended in Mar. 2024 was $2,414.12 Mil. Therefore, USCB Financial Holdings's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. USCB Financial Holdings's annualized ROE % for the quarter that ended in Mar. 2024 was 9.53%. It is also linked to ROA % through Du Pont Formula. USCB Financial Holdings's annualized ROA % for the quarter that ended in Mar. 2024 was 0.76%.


USCB Financial Holdings Asset Turnover Historical Data

The historical data trend for USCB Financial 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.

USCB Financial Holdings Asset Turnover Chart

USCB Financial Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Asset Turnover
0.03 0.04 0.04 0.03

USCB Financial Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of USCB Financial Holdings's Asset Turnover

For the Banks - Regional subindustry, USCB Financial 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.


USCB Financial Holdings's Asset Turnover Distribution in the Banks Industry

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

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



USCB Financial Holdings Asset Turnover Calculation

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

USCB Financial Holdings's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=65.971/( (2085.834+2339.093)/ 2 )
=65.971/2212.4635
=0.03

USCB Financial Holdings's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=17.622/( (2339.093+2489.142)/ 2 )
=17.622/2414.1175
=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.


USCB Financial Holdings  (NAS:USCB) Asset Turnover Explanation

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

USCB Financial Holdings's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=18.448/193.4895
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(18.448 / 70.488)*(70.488 / 2414.1175)*(2414.1175/ 193.4895)
=Net Margin %*Asset Turnover*Equity Multiplier
=26.17 %*0.0292*12.4767
=ROA %*Equity Multiplier
=0.76 %*12.4767
=9.53 %

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

USCB Financial Holdings's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=18.448/2414.1175
=(Net Income / Revenue)*(Revenue / Total Assets)
=(18.448 / 70.488)*(70.488 / 2414.1175)
=Net Margin %*Asset Turnover
=26.17 %*0.0292
=0.76 %

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


USCB Financial Holdings Asset Turnover Related Terms

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


USCB Financial Holdings (USCB Financial Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2301 North West 87th Avenue, Doral, FL, USA, 33172
USCB Financial Holdings Inc is a community bank. Through its network of branches and its online banking platform, it offers customers a wide range of financial products and services.
Executives
Robert B. Anderson officer: Executive VP and CFO 201 4TH AVENUE NORTH, SUITE 950, NASHVILLE TN 37219
Maricarmen Logrono officer: EVP and Chief Risk Officer C/O USCB FINANCIAL HOLDINGS, INC., 2301 NW 87TH AVENUE, DORAL FL 33172
Ramon A Rodriguez director 110 S E 6TH STREET 28 TH FLOOR, FORT LAUDERDALE FL 33301
Priam Capital Fund Ii, L.p. 10 percent owner 745 FIFTH AVE, SUITE 1702, NEW YORK NY 10151
Priam Capital Associates Ii Llc 10 percent owner 745 FIFTH AVE, SUITE 1702, NEW YORK NY 10151
Andres Collazo officer: Executive VP, Operations & IT C/O USCB FINANCIAL HOLDINGS, INC., 2301 NW 87TH AVENUE, DORAL FL 33172
Martha Guerra-kattou officer: EVP, Sales and Marketing C/O USCB FINANCIAL HOLDINGS, INC., 2301 NW 87TH AVENUE, DORAL FL 33172
Oscar Gomez officer: Executive VP, Global Banking C/O USCB FINANCIAL HOLDINGS, INC., 2301 NW 87TH AVENUE, DORAL FL 33172
Benigno Pazos officer: EVP & Chief Credit Officer C/O USCB FINANCIAL HOLDINGS, INC., 2301 NW 87TH AVENUE, DORAL FL 33172
Howard Feinglass director, 10 percent owner 6011 UNIVERSITY BOULEVARD, SUITE 370, ELLICOTT CITY MD 21043
Ramon Abadin director C/O USCB FINANCIAL HOLDINGS, INC., 2301 NW 87TH AVENUE, DORAL FL 33172
Aida Levitan director C/O USCB FINANCIAL HOLDINGS, INC., 2301 NW 87TH AVENUE, DORAL FL 33172
Nicholas Bustle officer: EVP and Chief Lending Officer C/O USCB FINANCIAL HOLDINGS, INC., 2301 NW 87TH AVENUE, DORAL FL 33172
De La Aguilera Luis director, officer: President and CEO C/O USCB FINANCIAL HOLDINGS, INC., 2301 NW 87TH AVENUE, DORAL FL 33172
Jalal Shehadeh officer: EVP/General Counsel USCB FINANCIAL HOLDINGS, INC., 2301 N.W. 87TH AVENUE, MIAMI FL 33172