First Atlantic Bank (XGHA:FAB) Asset Turnover: 0.08 (As of Dec. 2025)


XGHA:FAB First Atlantic Bank PLC XGHA:FAB
24 GF Score
Price GHS8.40
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What is First Atlantic Bank Asset Turnover?

First Atlantic Bank XGHA:FAB 24 Asset Turnover is 0.08 as of Dec. 2025. GuruFocus rates XGHA:FAB with a GF Score™ of 24/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. First Atlantic Bank's Revenue for the six months ended in Dec. 2025 was GHS1,292 Mil. First Atlantic Bank's Total Assets for the quarter that ended in Dec. 2025 was GHS16,259 Mil. Therefore, First Atlantic Bank's Asset Turnover for the quarter that ended in Dec. 2025 was 0.08.

Asset Turnover is linked to ROE % through Du Pont Formula. First Atlantic Bank's annualized ROE % for the quarter that ended in Dec. 2025 was 50.76%. It is also linked to ROA % through Du Pont Formula. First Atlantic Bank's annualized ROA % for the quarter that ended in Dec. 2025 was 5.94%.


First Atlantic Bank  (XGHA:FAB) Asset Turnover Explanation

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

First Atlantic Bank's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=964.988/1901.033
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(964.988 / 2584.206)*(2584.206 / 16258.9665)*(16258.9665/ 1901.033)
=Net Margin %*Asset Turnover*Equity Multiplier
=37.34 %*0.1589*8.5527
=ROA %*Equity Multiplier
=5.94 %*8.5527
=50.76 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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:

First Atlantic Bank's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=964.988/16258.9665
=(Net Income / Revenue)*(Revenue / Total Assets)
=(964.988 / 2584.206)*(2584.206 / 16258.9665)
=Net Margin %*Asset Turnover
=37.34 %*0.1589
=5.94 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.


First Atlantic Bank Asset Turnover Related Terms


First Atlantic Bank Asset Turnover Historical Data

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The historical data trend for First Atlantic Bank'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.

First Atlantic Bank Asset Turnover Chart

First Atlantic Bank Annual Data
Trend Dec24 Dec25
Asset Turnover
0.08 0.08

First Atlantic Bank Semi-Annual Data
Dec24 Dec25
Asset Turnover 0.08 0.08

XGHA:FAB vs PNC: Asset Turnover Comparison

For the Banks - Regional subindustry, First Atlantic Bank'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.


First Atlantic Bank Asset Turnover vs Banks Industry

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

* The bar in red indicates where First Atlantic Bank's Asset Turnover falls into.


XGHA:FAB
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First Atlantic Bank PLC XGHA:FAB
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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First Atlantic Bank Asset Turnover Calculation

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

First Atlantic Bank's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=1292.103/( (13324.941+19192.992)/ 2 )
=1292.103/16258.9665
=0.08

First Atlantic Bank's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Dec. 2025 ))/ count )
=1292.103/( (13324.941+19192.992)/ 2 )
=1292.103/16258.9665
=0.08

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.08 mean?
First Atlantic Bank (XGHA:FAB) has a Asset Turnover of 0.08 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on First Atlantic Bank and its competitors.
Is First Atlantic Bank's Asset Turnover too high?
First Atlantic Bank's current Asset Turnover is 0.08. Overall, First Atlantic Bank has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does First Atlantic Bank's Asset Turnover compare to PNC?
First Atlantic Bank's Asset Turnover of 0.08 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Banks company?
A good Asset Turnover depends on the Banks industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on First Atlantic Bank and its competitors. First Atlantic Bank's current Asset Turnover is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Atlantic Bank stock overvalued right now?
First Atlantic Bank (XGHA:FAB) has a current Asset Turnover of 0.08. The current Asset Turnover is 0.08. First Atlantic Bank's overall GF Score™ is 24/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For First Atlantic Bank (XGHA:FAB), the current Asset Turnover is 0.08 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

First Atlantic Bank Business Description

Address Seventh Avenue, Atlantic Place No. 1, Ridge West, Accra, GHA
First Atlantic Bank PLC is engaged in providing banking services that include personal banking, corporate banking, digital banking, prestige banking, and others. The Group's portfolio consists of loans and investments segmented across five main portfolios: Corporate Loans, Retail Loans, Retail Controller Loans, SME loans & Investments. The Group comprises the following main business segments: Corporate Banking, Retail and business banking, and Global markets. It generates majority of its income from Global markets segment which undertake the Group's funding and risk management activities through borrowings, issues of debt securities and investing in liquid assets such as short-term placements and corporate and government debt securities.
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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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