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Univerzal banka DD (XBEL:UNBN) Asset Turnover : 0.03 (As of Jun. 2013)


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What is Univerzal banka DD Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Univerzal banka DD's Revenue for the six months ended in Jun. 2013 was RSD734.80 Mil. Univerzal banka DD's Total Assets for the quarter that ended in Jun. 2013 was RSD29,720.36 Mil. Therefore, Univerzal banka DD's Asset Turnover for the quarter that ended in Jun. 2013 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Univerzal banka DD's annualized ROE % for the quarter that ended in Jun. 2013 was -19.85%. It is also linked to ROA % through Du Pont Formula. Univerzal banka DD's annualized ROA % for the quarter that ended in Jun. 2013 was -3.73%.


Univerzal banka DD Asset Turnover Historical Data

The historical data trend for Univerzal banka DD'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.

Univerzal banka DD Asset Turnover Chart

Univerzal banka DD Annual Data
Trend Dec10 Dec11 Dec12
Asset Turnover
0.06 0.06 0.03

Univerzal banka DD Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13
Asset Turnover Get a 7-Day Free Trial 0.03 0.02 0.03 - 0.03

Competitive Comparison of Univerzal banka DD's Asset Turnover

For the Banks - Regional subindustry, Univerzal banka DD'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.


Univerzal banka DD's Asset Turnover Distribution in the Banks Industry

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

* The bar in red indicates where Univerzal banka DD's Asset Turnover falls into.



Univerzal banka DD Asset Turnover Calculation

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

Univerzal banka DD's Asset Turnover for the fiscal year that ended in Dec. 2012 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2012 )/( (Total Assets (A: Dec. 2011 )+Total Assets (A: Dec. 2012 ))/ count )
=890.094/( (35096.577+29877.365)/ 2 )
=890.094/32486.971
=0.03

Univerzal banka DD's Asset Turnover for the quarter that ended in Jun. 2013 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2013 )/( (Total Assets (Q: Dec. 2012 )+Total Assets (Q: Jun. 2013 ))/ count )
=734.804/( (29877.365+29563.355)/ 2 )
=734.804/29720.36
=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.


Univerzal banka DD  (XBEL:UNBN) Asset Turnover Explanation

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

Univerzal banka DD's annulized ROE % for the quarter that ended in Jun. 2013 is

ROE %**(Q: Jun. 2013 )
=Net Income/Total Stockholders Equity
=-1107.664/5580.3525
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1107.664 / 1469.608)*(1469.608 / 29720.36)*(29720.36/ 5580.3525)
=Net Margin %*Asset Turnover*Equity Multiplier
=-75.37 %*0.0494*5.3259
=ROA %*Equity Multiplier
=-3.73 %*5.3259
=-19.85 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2013) net income data. The Revenue data used here is two times the semi-annual (Jun. 2013) 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:

Univerzal banka DD's annulized ROA % for the quarter that ended in Jun. 2013 is

ROA %(Q: Jun. 2013 )
=Net Income/Total Assets
=-1107.664/29720.36
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1107.664 / 1469.608)*(1469.608 / 29720.36)
=Net Margin %*Asset Turnover
=-75.37 %*0.0494
=-3.73 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2013) net income data. The Revenue data used here is two times the semi-annual (Jun. 2013) 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.


Univerzal banka DD Asset Turnover Related Terms

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Univerzal banka DD (XBEL:UNBN) Business Description

Traded in Other Exchanges
N/A
Address
Francuska Street 29, Belgrade, SRB, 11000
Univerzal banka DD provides banking products and services like loans, payment cards, safe boxes. It also provides real estate services.

Univerzal banka DD (XBEL:UNBN) Headlines

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