Banque De Tunisie & Des Emirats d'Investissement (XTUN:BTE) Asset Turnover: 0.00 (As of . 20)

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XTUN:BTE Banque De Tunisie & Des Emirats d'Investissement SA XTUN:BTE
31 GF Score
Price TND7.45
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What is Banque De Tunisie & Des Emirats d'Investissement Asset Turnover?

Banque De Tunisie & Des Emirats d'Investissement XTUN:BTE 31 Asset Turnover is 0.00 as of . 20. GuruFocus rates XTUN:BTE with a GF Score™ of 31/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Banque De Tunisie & Des Emirats d'Investissement's Revenue for the six months ended in . 20 was TND Mil. Banque De Tunisie & Des Emirats d'Investissement's Total Assets for the quarter that ended in . 20 was TND Mil. Therefore, Banque De Tunisie & Des Emirats d'Investissement's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Banque De Tunisie & Des Emirats d'Investissement's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. Banque De Tunisie & Des Emirats d'Investissement's annualized ROA % for the quarter that ended in . 20 was %.

Banque De Tunisie & Des Emirats d'Investissement  (XTUN:BTE) Asset Turnover Explanation

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

Banque De Tunisie & Des Emirats d'Investissement'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:

Banque De Tunisie & Des Emirats d'Investissement'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.

Banque De Tunisie & Des Emirats d'Investissement Asset Turnover Related Terms

Banque De Tunisie & Des Emirats d'Investissement Asset Turnover Historical Data

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The historical data trend for Banque De Tunisie & Des Emirats d'Investissement'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.

Banque De Tunisie & Des Emirats d'Investissement Asset Turnover Chart

Banque De Tunisie & Des Emirats d'Investissement Annual Data
Trend
Asset Turnover

Banque De Tunisie & Des Emirats d'Investissement Semi-Annual Data
Asset Turnover

Banque De Tunisie & Des Emirats d'Investissement Asset Turnover Competitor Comparison

For the Banks - Regional subindustry, Banque De Tunisie & Des Emirats d'Investissement'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.

Banque De Tunisie & Des Emirats d'Investissement Asset Turnover vs Banks Industry

For the Banks industry and Financial Services sector, Banque De Tunisie & Des Emirats d'Investissement's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Banque De Tunisie & Des Emirats d'Investissement's Asset Turnover falls into.


XTUN:BTE
31GF Score
Banque De Tunisie & Des Emirats d'Investissement SA XTUN:BTE
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Banque De Tunisie & Des Emirats d'Investissement Asset Turnover Calculation

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

Banque De Tunisie & Des Emirats d'Investissement'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 )
=/( (+)/ )
=/
=

Banque De Tunisie & Des Emirats d'Investissement'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?
Banque De Tunisie & Des Emirats d'Investissement (XTUN:BTE) 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 Banque De Tunisie & Des Emirats d'Investissement and its competitors.
Is Banque De Tunisie & Des Emirats d'Investissement's Asset Turnover too high?
Banque De Tunisie & Des Emirats d'Investissement's current Asset Turnover is 0.00. Overall, Banque De Tunisie & Des Emirats d'Investissement has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Banque De Tunisie & Des Emirats d'Investissement's Asset Turnover compare to competitors?
Banque De Tunisie & Des Emirats d'Investissement's Asset Turnover of 0.00 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 Banque De Tunisie & Des Emirats d'Investissement and its competitors. Banque De Tunisie & Des Emirats d'Investissement'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 Banque De Tunisie & Des Emirats d'Investissement stock overvalued right now?
Banque De Tunisie & Des Emirats d'Investissement (XTUN:BTE) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. Banque De Tunisie & Des Emirats d'Investissement's overall GF Score™ is 31/100. 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 Banque De Tunisie & Des Emirats d'Investissement (XTUN:BTE), 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.

Banque De Tunisie & Des Emirats d'Investissement Business Description

Address Beji Caid Essebsi Boulevard, Lot AFH-BC8, North Urban Center, Tunis, TUN, 1082
Banque De Tunisie & Des Emirats d'Investissement SA is engaged in various commercial banking products to businesses, professionals and individuals. It offers saving account, current account. Its services include xpress money for immediate cash transfers, SMS notification, mobile banking, leasing and remote banking services.
31GF Score

Get the complete analysis for XTUN:BTE

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

TND7.45
Price