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Catalyst Bancorp (Catalyst Bancorp) Asset Turnover : -0.01 (As of Mar. 2024)


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What is Catalyst Bancorp Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Catalyst Bancorp's Revenue for the three months ended in Mar. 2024 was $-3.14 Mil. Catalyst Bancorp's Total Assets for the quarter that ended in Mar. 2024 was $276.49 Mil. Therefore, Catalyst Bancorp's Asset Turnover for the quarter that ended in Mar. 2024 was -0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Catalyst Bancorp's annualized ROE % for the quarter that ended in Mar. 2024 was -22.54%. It is also linked to ROA % through Du Pont Formula. Catalyst Bancorp's annualized ROA % for the quarter that ended in Mar. 2024 was -6.77%.


Catalyst Bancorp Asset Turnover Historical Data

The historical data trend for Catalyst Bancorp'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.

Catalyst Bancorp Asset Turnover Chart

Catalyst Bancorp Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
0.03 0.03 0.04 0.03 0.03

Catalyst Bancorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.01 0.01 0.01 0.01 -0.01

Competitive Comparison of Catalyst Bancorp's Asset Turnover

For the Banks - Regional subindustry, Catalyst Bancorp'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.


Catalyst Bancorp's Asset Turnover Distribution in the Banks Industry

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

* The bar in red indicates where Catalyst Bancorp's Asset Turnover falls into.



Catalyst Bancorp Asset Turnover Calculation

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

Catalyst Bancorp's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=9.14/( (263.362+270.932)/ 2 )
=9.14/267.147
=0.03

Catalyst Bancorp's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-3.135/( (270.932+282.049)/ 2 )
=-3.135/276.4905
=-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.


Catalyst Bancorp  (NAS:CLST) Asset Turnover Explanation

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

Catalyst Bancorp's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-18.708/83.008
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-18.708 / -12.54)*(-12.54 / 276.4905)*(276.4905/ 83.008)
=Net Margin %*Asset Turnover*Equity Multiplier
=149.19 %*-0.0454*3.3309
=ROA %*Equity Multiplier
=-6.77 %*3.3309
=-22.54 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 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:

Catalyst Bancorp's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-18.708/276.4905
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-18.708 / -12.54)*(-12.54 / 276.4905)
=Net Margin %*Asset Turnover
=149.19 %*-0.0454
=-6.77 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 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.


Catalyst Bancorp Asset Turnover Related Terms

Thank you for viewing the detailed overview of Catalyst Bancorp's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Catalyst Bancorp (Catalyst Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
235 N. Court Street, Opelousas, LA, USA, 70570
Catalyst Bancorp Inc is a federally-chartered community-oriented savings bank. The bank is engaged in attracting deposits from the general public and using those funds to invest in loans and securities. The sources of funds are customer deposits, repayments of loans, maturities of investments and funds borrowed from outside sources which are used for the origination of loans. The Bank derives its income principally from interest earned on loans and investment securities and, to a lesser extent, from fees received in connection with the origination of loans, service charges on deposit accounts and other services.
Executives
Kirk E. Kleiser director CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Ted D. Bellard director, other: Secretary CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Joseph B Zanco director, officer: President and CEO 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Bourque Jacques L.j. officer: Chief Financial Officer CATALYST BANCORP, INC., 235 NORTH COURT STREET, OPELOUSAS LA 70570
Jutta Codori officer: Chief Financial Officer CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Matthew L. Scruggins director CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Amanda B. Quebedeaux officer: Director of Operations CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Simone S. Perry officer: Chief Credit Officer CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Craig C. Lebouef director CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Frederick R. Lafleur director CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Todd A. Kidder director, officer: Chairman of the Board CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570

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