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The London Tunnels (XAMS:TLT) Asset Turnover : 0.00 (As of Sep. 2024)


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What is The London Tunnels Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. The London Tunnels's Revenue for the six months ended in Sep. 2024 was £0.00 Mil. The London Tunnels's Total Assets for the quarter that ended in Sep. 2024 was £20.16 Mil. Therefore, The London Tunnels's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. The London Tunnels's annualized ROE % for the quarter that ended in Sep. 2024 was -90.04%. It is also linked to ROA % through Du Pont Formula. The London Tunnels's annualized ROA % for the quarter that ended in Sep. 2024 was -31.83%.


The London Tunnels Asset Turnover Historical Data

The historical data trend for The London Tunnels'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.

The London Tunnels Asset Turnover Chart

The London Tunnels Annual Data
Trend
Asset Turnover

The London Tunnels Semi-Annual Data
Dec21 Sep23 Sep24
Asset Turnover - - -

Competitive Comparison of The London Tunnels's Asset Turnover

For the Engineering & Construction subindustry, The London Tunnels'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.


The London Tunnels's Asset Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, The London Tunnels's Asset Turnover distribution charts can be found below:

* The bar in red indicates where The London Tunnels's Asset Turnover falls into.


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The London Tunnels Asset Turnover Calculation

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

The London Tunnels's Asset Turnover for the fiscal year that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
=

The London Tunnels's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Sep. 2024 ))/ count )
=0/( (25.761+14.551)/ 2 )
=0/20.156
=0.00

* 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.


The London Tunnels  (XAMS:TLT) Asset Turnover Explanation

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

The London Tunnels's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-6.416/7.1255
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-6.416 / 0)*(0 / 20.156)*(20.156/ 7.1255)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*2.8287
=ROA %*Equity Multiplier
=-31.83 %*2.8287
=-90.04 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2024) net income data. The Revenue data used here is two times the semi-annual (Sep. 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:

The London Tunnels's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=-6.416/20.156
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-6.416 / 0)*(0 / 20.156)
=Net Margin %*Asset Turnover
= %*0
=-31.83 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2024) net income data. The Revenue data used here is two times the semi-annual (Sep. 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.


The London Tunnels Asset Turnover Related Terms

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


The London Tunnels Business Description

Traded in Other Exchanges
N/A
Address
2nd Floor Nicola Jane House, Southern Gate, Chichester, West Sussex, Chichester, GBR, PO19 8SE
The London Tunnels PLC is engaged in operation of historical sites and buildings and similar visitor attractions.

The London Tunnels Headlines

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