Nepal Creditmmerce Bank (XNEP:NCCB) Asset Turnover: 0.01 (As of Jan. 2023)

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XNEP:NCCB Nepal Credit & Commerce Bank Ltd XNEP:NCCB
21 GF Score
Price NPR189.00
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What is Nepal Creditmmerce Bank Asset Turnover?

Nepal Creditmmerce Bank XNEP:NCCB 21 Asset Turnover is 0.01 as of Jan. 2023. GuruFocus rates XNEP:NCCB with a GF Score™ of 21/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Nepal Creditmmerce Bank's Revenue for the three months ended in Jan. 2023 was NPR2,650 Mil. Nepal Creditmmerce Bank's Total Assets for the quarter that ended in Jan. 2023 was NPR264,101 Mil. Therefore, Nepal Creditmmerce Bank's Asset Turnover for the quarter that ended in Jan. 2023 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Nepal Creditmmerce Bank's annualized ROE % for the quarter that ended in Jan. 2023 was 0.43%. It is also linked to ROA % through Du Pont Formula. Nepal Creditmmerce Bank's annualized ROA % for the quarter that ended in Jan. 2023 was 0.05%.


Nepal Creditmmerce Bank  (XNEP:NCCB) Asset Turnover Explanation

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

Nepal Creditmmerce Bank's annulized ROE % for the quarter that ended in Jan. 2023 is

ROE %**(Q: Jan. 2023 )
=Net Income/Total Stockholders Equity
=119.332/27829.0035
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(119.332 / 10600.104)*(10600.104 / 264101.1945)*(264101.1945/ 27829.0035)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.13 %*0.0401*9.4901
=ROA %*Equity Multiplier
=0.05 %*9.4901
=0.43 %

Note: The Net Income data used here is four times the quarterly (Jan. 2023) net income data. The Revenue data used here is four times the quarterly (Jan. 2023) 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:

Nepal Creditmmerce Bank's annulized ROA % for the quarter that ended in Jan. 2023 is

ROA %(Q: Jan. 2023 )
=Net Income/Total Assets
=119.332/264101.1945
=(Net Income / Revenue)*(Revenue / Total Assets)
=(119.332 / 10600.104)*(10600.104 / 264101.1945)
=Net Margin %*Asset Turnover
=1.13 %*0.0401
=0.05 %

Note: The Net Income data used here is four times the quarterly (Jan. 2023) net income data. The Revenue data used here is four times the quarterly (Jan. 2023) 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.


Nepal Creditmmerce Bank Asset Turnover Related Terms


Nepal Creditmmerce Bank Asset Turnover Historical Data

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The historical data trend for Nepal Creditmmerce Bank'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.

Nepal Creditmmerce Bank Asset Turnover Chart

Nepal Creditmmerce Bank Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.03 0.05 0.04 0.04

Nepal Creditmmerce Bank Quarterly Data
Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Oct22 Jan23
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 0.01

XNEP:NCCB vs USB, PNC: Asset Turnover Comparison

For the Banks - Regional subindustry, Nepal Creditmmerce Bank'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.


Nepal Creditmmerce Bank Asset Turnover vs Banks Industry

For the Banks industry and Financial Services sector, Nepal Creditmmerce Bank's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Nepal Creditmmerce Bank's Asset Turnover falls into.


XNEP:NCCB
21GF Score
Nepal Credit & Commerce Bank Ltd XNEP:NCCB
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nepal Creditmmerce Bank Asset Turnover Calculation

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

Nepal Creditmmerce Bank's Asset Turnover for the fiscal year that ended in Jul. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jul. 2021 )/( (Total Assets (A: Jul. 2020 )+Total Assets (A: Jul. 2021 ))/ count )
=4233.155/( (96882.158+134730.022)/ 2 )
=4233.155/115806.09
=0.04

Nepal Creditmmerce Bank's Asset Turnover for the quarter that ended in Jan. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2023 )/( (Total Assets (Q: Oct. 2022 )+Total Assets (Q: Jan. 2023 ))/ count )
=2650.026/( (157019.682+371182.707)/ 2 )
=2650.026/264101.1945
=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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.01 mean?
Nepal Creditmmerce Bank (XNEP:NCCB) has a Asset Turnover of 0.01 as of Jan. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Nepal Creditmmerce Bank and its competitors.
Is Nepal Creditmmerce Bank's Asset Turnover too high?
Nepal Creditmmerce Bank's current Asset Turnover is 0.01. Overall, Nepal Creditmmerce Bank has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Nepal Creditmmerce Bank's Asset Turnover compare to USB and PNC?
Nepal Creditmmerce Bank's Asset Turnover of 0.01 can be compared against companies in the Banks 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 Banks company?
A good Asset Turnover depends on the Banks 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 Nepal Creditmmerce Bank and its competitors. Nepal Creditmmerce Bank's current Asset Turnover is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nepal Creditmmerce Bank stock overvalued right now?
Nepal Creditmmerce Bank (XNEP:NCCB) has a current Asset Turnover of 0.01. The current Asset Turnover is 0.01. Nepal Creditmmerce Bank's overall GF Score™ is 21/100. 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 Nepal Creditmmerce Bank (XNEP:NCCB), the current Asset Turnover is 0.01 as of Jan. 2023. 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.

Nepal Creditmmerce Bank Business Description

Address Bagbazar, PO Box: 12559, Kathmandu, NPL
Nepal Credit & Commerce Bank Ltd provides standard banking products and services. It offers deposit products including saving account and bachat khatas; loans including housing, hire purchase, vehicle, overdraft and term; mobile and internet banking services, and remittance services.
21GF Score

Get the complete analysis for XNEP:NCCB

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

NPR189.00
Price