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Mayberry Jamaican Equities (XJAM:MJE) Asset Turnover : 0.00 (As of Dec. 2024)


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What is Mayberry Jamaican Equities Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Mayberry Jamaican Equities's Revenue for the three months ended in Dec. 2024 was JMD94.3 Mil. Mayberry Jamaican Equities's Total Assets for the quarter that ended in Dec. 2024 was JMD24,795.1 Mil. Therefore, Mayberry Jamaican Equities's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Mayberry Jamaican Equities's annualized ROE % for the quarter that ended in Dec. 2024 was 2.68%. It is also linked to ROA % through Du Pont Formula. Mayberry Jamaican Equities's annualized ROA % for the quarter that ended in Dec. 2024 was 1.93%.


Mayberry Jamaican Equities Asset Turnover Historical Data

The historical data trend for Mayberry Jamaican Equities'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.

Mayberry Jamaican Equities Asset Turnover Chart

Mayberry Jamaican Equities Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial 0.02 0.02 0.03 0.03 0.09

Mayberry Jamaican Equities Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Dec24
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 - 0.01 - 0.01 -

Competitive Comparison of Mayberry Jamaican Equities's Asset Turnover

For the Asset Management subindustry, Mayberry Jamaican Equities'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.


Mayberry Jamaican Equities's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mayberry Jamaican Equities's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Mayberry Jamaican Equities's Asset Turnover falls into.


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Mayberry Jamaican Equities Asset Turnover Calculation

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

Mayberry Jamaican Equities's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=2100.662/( (25083.287+24014.945)/ 2 )
=2100.662/24549.116
=0.09

Mayberry Jamaican Equities's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=94.321/( (25575.275+24014.945)/ 2 )
=94.321/24795.11
=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.


Mayberry Jamaican Equities  (XJAM:MJE) Asset Turnover Explanation

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

Mayberry Jamaican Equities's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=479.032/17900.654
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(479.032 / 377.284)*(377.284 / 24795.11)*(24795.11/ 17900.654)
=Net Margin %*Asset Turnover*Equity Multiplier
=126.97 %*0.0152*1.3852
=ROA %*Equity Multiplier
=1.93 %*1.3852
=2.68 %

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

Mayberry Jamaican Equities's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=479.032/24795.11
=(Net Income / Revenue)*(Revenue / Total Assets)
=(479.032 / 377.284)*(377.284 / 24795.11)
=Net Margin %*Asset Turnover
=126.97 %*0.0152
=1.93 %

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


Mayberry Jamaican Equities Asset Turnover Related Terms

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Mayberry Jamaican Equities Business Description

Traded in Other Exchanges
N/A
Address
Bourbon Street, Suite 1, 1st Floor, Bourbon House, Castries, LCA
Mayberry Jamaican Equities Ltd is an investment holding company with a view to achieve long term capital appreciation, while preserving capital, by investing in public equity services in Jamaica. Its business activities include treasury and trading, investment banking, asset management, pension fund management, and managed equity portfolio. Its investment banking services comprise of Debt Raising, Advisory Services, Mergers, and Acquisitions, Divestitures, and Equity Raising.

Mayberry Jamaican Equities Headlines

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