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icapital biz Bhd (XKLS:5108) Asset Turnover : 0.01 (As of Nov. 2024)


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What is icapital biz Bhd Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. icapital biz Bhd's Revenue for the three months ended in Nov. 2024 was RM3.34 Mil. icapital biz Bhd's Total Assets for the quarter that ended in Nov. 2024 was RM562.09 Mil. Therefore, icapital biz Bhd's Asset Turnover for the quarter that ended in Nov. 2024 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. icapital biz Bhd's annualized ROE % for the quarter that ended in Nov. 2024 was 0.12%. It is also linked to ROA % through Du Pont Formula. icapital biz Bhd's annualized ROA % for the quarter that ended in Nov. 2024 was 0.12%.


icapital biz Bhd Asset Turnover Historical Data

The historical data trend for icapital biz Bhd'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.

icapital biz Bhd Asset Turnover Chart

icapital biz Bhd Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 - - 0.01 0.01

icapital biz Bhd Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 - 0.01 0.01

Competitive Comparison of icapital biz Bhd's Asset Turnover

For the Asset Management subindustry, icapital biz Bhd'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.


icapital biz Bhd's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, icapital biz Bhd's Asset Turnover distribution charts can be found below:

* The bar in red indicates where icapital biz Bhd's Asset Turnover falls into.


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icapital biz Bhd Asset Turnover Calculation

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

icapital biz Bhd's Asset Turnover for the fiscal year that ended in May. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: May. 2024 )/( (Total Assets (A: May. 2023 )+Total Assets (A: May. 2024 ))/ count )
=7.162/( (476.673+603.708)/ 2 )
=7.162/540.1905
=0.01

icapital biz Bhd's Asset Turnover for the quarter that ended in Nov. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Nov. 2024 )/( (Total Assets (Q: Aug. 2024 )+Total Assets (Q: Nov. 2024 ))/ count )
=3.338/( (563.709+560.471)/ 2 )
=3.338/562.09
=0.01

* 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.


icapital biz Bhd  (XKLS:5108) Asset Turnover Explanation

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

icapital biz Bhd's annulized ROE % for the quarter that ended in Nov. 2024 is

ROE %**(Q: Nov. 2024 )
=Net Income/Total Stockholders Equity
=0.668/561.6295
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.668 / 13.352)*(13.352 / 562.09)*(562.09/ 561.6295)
=Net Margin %*Asset Turnover*Equity Multiplier
=5 %*0.0238*1.0008
=ROA %*Equity Multiplier
=0.12 %*1.0008
=0.12 %

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

icapital biz Bhd's annulized ROA % for the quarter that ended in Nov. 2024 is

ROA %(Q: Nov. 2024 )
=Net Income/Total Assets
=0.668/562.09
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.668 / 13.352)*(13.352 / 562.09)
=Net Margin %*Asset Turnover
=5 %*0.0238
=0.12 %

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


icapital biz Bhd Asset Turnover Related Terms

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icapital biz Bhd Business Description

Traded in Other Exchanges
N/A
Address
201, Jalan Tun Sambanthan, Level 13, Menara 1 Sentrum, Brickfields, Kuala Lumpur, SGR, MYS, 50470
icapital biz Bhd is a Malaysian closed-end fund. The primary investment objective is a long-term capital appreciation of its investments. The company mainly invests in undervalued companies which are listed on the Main Market of Bursa Malaysia Securities Berhad and the ACE Market of Bursa Securities. It also invests in cash deposits. The revenue generated by the company includes interest income and dividend income.

icapital biz Bhd Headlines

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