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Terranta Agro (Terranta Agro) Asset Turnover : 0.14 (As of Mar. 2021)


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What is Terranta Agro Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Terranta Agro's Revenue for the three months ended in Mar. 2021 was $72.5 Mil. Terranta Agro's Total Assets for the quarter that ended in Mar. 2021 was $525.1 Mil. Therefore, Terranta Agro's Asset Turnover for the quarter that ended in Mar. 2021 was 0.14.

Asset Turnover is linked to ROE % through Du Pont Formula. Terranta Agro's annualized ROE % for the quarter that ended in Mar. 2021 was -19.78%. It is also linked to ROA % through Du Pont Formula. Terranta Agro's annualized ROA % for the quarter that ended in Mar. 2021 was -5.17%.


Terranta Agro Asset Turnover Historical Data

The historical data trend for Terranta Agro'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.

Terranta Agro Asset Turnover Chart

Terranta Agro Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.32 0.33 0.29 0.32

Terranta Agro Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 0.13 0.06 0.06 0.11 0.14

Competitive Comparison of Terranta Agro's Asset Turnover

For the Farm Products subindustry, Terranta Agro'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.


Terranta Agro's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Terranta Agro's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Terranta Agro's Asset Turnover falls into.



Terranta Agro Asset Turnover Calculation

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

Terranta Agro's Asset Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=188.791/( (606.305+565.554)/ 2 )
=188.791/585.9295
=0.32

Terranta Agro's Asset Turnover for the quarter that ended in Mar. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2021 )/( (Total Assets (Q: Dec. 2020 )+Total Assets (Q: Mar. 2021 ))/ count )
=72.541/( (565.554+484.677)/ 2 )
=72.541/525.1155
=0.14

* 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.


Terranta Agro  (OTCPK:VGRDF) Asset Turnover Explanation

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

Terranta Agro's annulized ROE % for the quarter that ended in Mar. 2021 is

ROE %**(Q: Mar. 2021 )
=Net Income/Total Stockholders Equity
=-27.172/137.397
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-27.172 / 290.164)*(290.164 / 525.1155)*(525.1155/ 137.397)
=Net Margin %*Asset Turnover*Equity Multiplier
=-9.36 %*0.5526*3.8219
=ROA %*Equity Multiplier
=-5.17 %*3.8219
=-19.78 %

Note: The Net Income data used here is four times the quarterly (Mar. 2021) net income data. The Revenue data used here is four times the quarterly (Mar. 2021) 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:

Terranta Agro's annulized ROA % for the quarter that ended in Mar. 2021 is

ROA %(Q: Mar. 2021 )
=Net Income/Total Assets
=-27.172/525.1155
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-27.172 / 290.164)*(290.164 / 525.1155)
=Net Margin %*Asset Turnover
=-9.36 %*0.5526
=-5.17 %

Note: The Net Income data used here is four times the quarterly (Mar. 2021) net income data. The Revenue data used here is four times the quarterly (Mar. 2021) 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.


Terranta Agro Asset Turnover Related Terms

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Terranta Agro (Terranta Agro) Business Description

Traded in Other Exchanges
N/A
Address
Praca General Gentil Falcao, 108 - 8th Floor - Aapt 81, Cidade Moncoes, Sao Paulo, SP, BRA, 04571-150
Terra Santa Agro SA is primarily involved in the agricultural sector. It carries out agricultural activities, mainly the cultivation of soybeans, corn, and cotton. The company focuses on cultivation and sale of agricultural products, the sale of agricultural inputs, rendering of storage services for agricultural inputs and products and rendering of soil preparation and harvesting services using agricultural machinery. Geographically, all the business activity is primarily functioned through Brazil which is also revenue generating region.

Terranta Agro (Terranta Agro) Headlines

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