Himalayan General Insurance Co (XNEP:HGI) Asset Turnover: 0.09 (As of Jul. 2022)

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XNEP:HGI Himalayan General Insurance Co Ltd XNEP:HGI
25 GF Score
Price NPR520.00
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What is Himalayan General Insurance Co Asset Turnover?

Himalayan General Insurance Co XNEP:HGI 25 Asset Turnover is 0.09 as of Jul. 2022. GuruFocus rates XNEP:HGI with a GF Score™ of 25/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Himalayan General Insurance Co's Revenue for the three months ended in Jul. 2022 was NPR268.9 Mil. Himalayan General Insurance Co's Total Assets for the quarter that ended in Jul. 2022 was NPR3,169.1 Mil. Therefore, Himalayan General Insurance Co's Asset Turnover for the quarter that ended in Jul. 2022 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. Himalayan General Insurance Co's annualized ROE % for the quarter that ended in Jul. 2022 was 7.68%. It is also linked to ROA % through Du Pont Formula. Himalayan General Insurance Co's annualized ROA % for the quarter that ended in Jul. 2022 was 5.12%.


Himalayan General Insurance Co  (XNEP:HGI) Asset Turnover Explanation

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

Himalayan General Insurance Co's annulized ROE % for the quarter that ended in Jul. 2022 is

ROE %**(Q: Jul. 2022 )
=Net Income/Total Stockholders Equity
=162.336/2113.018
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(162.336 / 1075.692)*(1075.692 / 3169.093)*(3169.093/ 2113.018)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.09 %*0.3394*1.4998
=ROA %*Equity Multiplier
=5.12 %*1.4998
=7.68 %

Note: The Net Income data used here is four times the quarterly (Jul. 2022) net income data. The Revenue data used here is four times the quarterly (Jul. 2022) 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:

Himalayan General Insurance Co's annulized ROA % for the quarter that ended in Jul. 2022 is

ROA %(Q: Jul. 2022 )
=Net Income/Total Assets
=162.336/3169.093
=(Net Income / Revenue)*(Revenue / Total Assets)
=(162.336 / 1075.692)*(1075.692 / 3169.093)
=Net Margin %*Asset Turnover
=15.09 %*0.3394
=5.12 %

Note: The Net Income data used here is four times the quarterly (Jul. 2022) net income data. The Revenue data used here is four times the quarterly (Jul. 2022) 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.


Himalayan General Insurance Co Asset Turnover Related Terms


Himalayan General Insurance Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Himalayan General Insurance Co'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.

Himalayan General Insurance Co Asset Turnover Chart

Himalayan General Insurance Co Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.26 0.22 0.21 0.25

Himalayan General Insurance Co Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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 0.06 0.06 0.06 0.06 0.09

XNEP:HGI vs CB, PGR, TRV: Asset Turnover Comparison

For the Insurance - Property & Casualty subindustry, Himalayan General Insurance Co'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.


Himalayan General Insurance Co Asset Turnover vs Insurance Industry

For the Insurance industry and Financial Services sector, Himalayan General Insurance Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Himalayan General Insurance Co's Asset Turnover falls into.


XNEP:HGI
25GF Score
Himalayan General Insurance Co Ltd XNEP:HGI
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Himalayan General Insurance Co Asset Turnover Calculation

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

Himalayan General Insurance Co's Asset Turnover for the fiscal year that ended in Jul. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jul. 2022 )/( (Total Assets (A: Jul. 2021 )+Total Assets (A: Jul. 2022 ))/ count )
=755.272/( (2676.493+3398.036)/ 2 )
=755.272/3037.2645
=0.25

Himalayan General Insurance Co's Asset Turnover for the quarter that ended in Jul. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jul. 2022 )/( (Total Assets (Q: Apr. 2022 )+Total Assets (Q: Jul. 2022 ))/ count )
=268.923/( (2940.15+3398.036)/ 2 )
=268.923/3169.093
=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 0.09 mean?
Himalayan General Insurance Co (XNEP:HGI) has a Asset Turnover of 0.09 as of Jul. 2022. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Himalayan General Insurance Co and its competitors.
Is Himalayan General Insurance Co's Asset Turnover too high?
Himalayan General Insurance Co's current Asset Turnover is 0.09. Overall, Himalayan General Insurance Co has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Himalayan General Insurance Co's Asset Turnover compare to CB and PGR?
Himalayan General Insurance Co's Asset Turnover of 0.09 can be compared against companies in the Insurance 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 an Insurance company?
A good Asset Turnover depends on the Insurance 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 Himalayan General Insurance Co and its competitors. Himalayan General Insurance Co's current Asset Turnover is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Himalayan General Insurance Co stock overvalued right now?
Himalayan General Insurance Co (XNEP:HGI) has a current Asset Turnover of 0.09. The current Asset Turnover is 0.09. Himalayan General Insurance Co's overall GF Score™ is 25/100. 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 Himalayan General Insurance Co (XNEP:HGI), the current Asset Turnover is 0.09 as of Jul. 2022. 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.

Himalayan General Insurance Co Business Description

Address HGI House, Babar Mahal, G.P.O. Box 148, Kathmandu, NPL
Himalayan General Insurance Co Ltd operates as an insurance company. It is engaged in the business of underwriting non-life insurance. The company's business segments are Fire, Marine, Motor, Engineering, Aviation, Miscellaneous, Agriculture and Micro segments.
25GF Score

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

NPR520.00
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