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Keyfield International Bhd (XKLS:5321) Asset Turnover : 0.16 (As of Dec. 2024)


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What is Keyfield International 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. Keyfield International Bhd's Revenue for the three months ended in Dec. 2024 was RM165.0 Mil. Keyfield International Bhd's Total Assets for the quarter that ended in Dec. 2024 was RM1,035.4 Mil. Therefore, Keyfield International Bhd's Asset Turnover for the quarter that ended in Dec. 2024 was 0.16.

Asset Turnover is linked to ROE % through Du Pont Formula. Keyfield International Bhd's annualized ROE % for the quarter that ended in Dec. 2024 was 25.89%. It is also linked to ROA % through Du Pont Formula. Keyfield International Bhd's annualized ROA % for the quarter that ended in Dec. 2024 was 17.57%.


Keyfield International Bhd Asset Turnover Historical Data

The historical data trend for Keyfield International 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.

Keyfield International Bhd Asset Turnover Chart

Keyfield International Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
0.34 0.50 0.56 0.85 0.60

Keyfield International Bhd Quarterly Data
Dec20 Dec21 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
Asset Turnover Get a 7-Day Free Trial Premium Member Only 0.21 0.17 0.24 0.24 0.16

Competitive Comparison of Keyfield International Bhd's Asset Turnover

For the Oil & Gas Equipment & Services subindustry, Keyfield International 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.


Keyfield International Bhd's Asset Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Keyfield International Bhd's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Keyfield International Bhd's Asset Turnover falls into.


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Keyfield International Bhd Asset Turnover Calculation

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

Keyfield International Bhd'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 )
=687.152/( (0+1137.592)/ 1 )
=687.152/1137.592
=0.60

Keyfield International Bhd'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: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=164.999/( (933.238+1137.592)/ 2 )
=164.999/1035.415
=0.16

* 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.


Keyfield International Bhd  (XKLS:5321) Asset Turnover Explanation

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

Keyfield International Bhd's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=181.956/702.835
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(181.956 / 659.996)*(659.996 / 1035.415)*(1035.415/ 702.835)
=Net Margin %*Asset Turnover*Equity Multiplier
=27.57 %*0.6374*1.4732
=ROA %*Equity Multiplier
=17.57 %*1.4732
=25.89 %

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:

Keyfield International Bhd's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=181.956/1035.415
=(Net Income / Revenue)*(Revenue / Total Assets)
=(181.956 / 659.996)*(659.996 / 1035.415)
=Net Margin %*Asset Turnover
=27.57 %*0.6374
=17.57 %

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.


Keyfield International Bhd Asset Turnover Related Terms

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Keyfield International Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Ampang, B-31-02, Tower B, Pavilion Embassy No 200, Kuala Lumpur, MYS, 50450
Keyfield International Bhd is principally involved in the chartering of own and third party vessels. It provides services like Chartering of own accommodation vessels and provision of related onboard services such as accommodation, catering, housekeeping, laundry and medical support services; and Chartering of third party accommodation vessels and provision of related onboard services such as accommodation, catering, housekeeping, laundry and medical support services. The accommodation vessels charter primarily cater for the upstream oil and gas industry. It has 11 accommodation vessels of which 8 are AWBs, 2 are smaller accommodation vessels and 1 is an accommodation work barge.

Keyfield International Bhd Headlines

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