IGM Vratnica AD (XMAE:IGMV) Asset Turnover: 0.00 (As of . 20)

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XMAE:IGMV IGM Vratnica AD XMAE:IGMV
14 GF Score
Price MKD1,266.00
! 1 Warning Sign
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What is IGM Vratnica AD Asset Turnover?

IGM Vratnica AD XMAE:IGMV 14 Asset Turnover is 0.00 as of . 20. GuruFocus rates XMAE:IGMV with a GF Score™ of 14/100. The stock has 1 warning sign investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. IGM Vratnica AD's Revenue for the six months ended in . 20 was MKD Mil. IGM Vratnica AD's Total Assets for the quarter that ended in . 20 was MKD Mil. Therefore, IGM Vratnica AD's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. IGM Vratnica AD's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. IGM Vratnica AD's annualized ROA % for the quarter that ended in . 20 was %.

IGM Vratnica AD  (XMAE:IGMV) Asset Turnover Explanation

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

IGM Vratnica AD's annulized ROE % for the quarter that ended in . 20 is

ROE %**(Q: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=( / )*( / )*(/ )
=Net Margin %*Asset Turnover*Equity Multiplier
= %**
=ROA %*Equity Multiplier
= %*
= %

Note: The Net Income data used here is two times the semi-annual (. 20) net income data. The Revenue data used here is two times the semi-annual (. 20) 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:

IGM Vratnica AD's annulized ROA % for the quarter that ended in . 20 is

ROA %(Q: . 20 )
=Net Income/Total Assets
=/
=(Net Income / Revenue)*(Revenue / Total Assets)
=( / )*( / )
=Net Margin %*Asset Turnover
= %*
= %

Note: The Net Income data used here is two times the semi-annual (. 20) net income data. The Revenue data used here is two times the semi-annual (. 20) 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.

IGM Vratnica AD Asset Turnover Related Terms

IGM Vratnica AD Asset Turnover Historical Data

* Premium members only.

The historical data trend for IGM Vratnica AD'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.

IGM Vratnica AD Asset Turnover Chart

IGM Vratnica AD Annual Data
Trend
Asset Turnover

IGM Vratnica AD Semi-Annual Data
Asset Turnover

IGM Vratnica AD Asset Turnover Competitor Comparison

For the Building Materials subindustry, IGM Vratnica AD'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.

IGM Vratnica AD Asset Turnover vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, IGM Vratnica AD's Asset Turnover distribution charts can be found below:

* The bar in red indicates where IGM Vratnica AD's Asset Turnover falls into.


XMAE:IGMV
14GF Score
IGM Vratnica AD XMAE:IGMV
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IGM Vratnica AD Asset Turnover Calculation

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

IGM Vratnica AD's Asset Turnover for the fiscal year that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
=

IGM Vratnica AD's Asset Turnover for the quarter that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
=

* 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 0.00 mean?
IGM Vratnica AD (XMAE:IGMV) has a Asset Turnover of 0.00 as of . 20. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on IGM Vratnica AD and its competitors.
Is IGM Vratnica AD's Asset Turnover too high?
IGM Vratnica AD's current Asset Turnover is 0.00. Overall, IGM Vratnica AD has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does IGM Vratnica AD's Asset Turnover compare to competitors?
IGM Vratnica AD's Asset Turnover of 0.00 can be compared against companies in the Building Materials 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 Building Materials company?
A good Asset Turnover depends on the Building Materials 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 IGM Vratnica AD and its competitors. IGM Vratnica AD's current Asset Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGM Vratnica AD stock overvalued right now?
IGM Vratnica AD (XMAE:IGMV) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. IGM Vratnica AD's overall GF Score™ is 14/100 with 1 warning sign to review. 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 IGM Vratnica AD (XMAE:IGMV), the current Asset Turnover is 0.00 as of . 20. 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.

IGM Vratnica AD Business Description

Address Jegunovce, Vratnica, MKD, 1225
IGM Vratnica AD is engaged in manufacturing of building materials including concrete, construction adhesives, decorative plasters, and among others. Its products are applied in the construction industry, civil engineering in the construction of parterners, access roads, slopes, paths, sidewalks, transport and industrial depots, street arranging.
14GF Score

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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MKD1,266.00
Price