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


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What is Cullman 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. Cullman Bancorp's Revenue for the three months ended in Mar. 2024 was $3.91 Mil. Cullman Bancorp's Total Assets for the quarter that ended in Mar. 2024 was $416.19 Mil. Therefore, Cullman 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. Cullman Bancorp's annualized ROE % for the quarter that ended in Mar. 2024 was 2.81%. It is also linked to ROA % through Du Pont Formula. Cullman Bancorp's annualized ROA % for the quarter that ended in Mar. 2024 was 0.69%.


Cullman Bancorp Asset Turnover Historical Data

The historical data trend for Cullman 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.

Cullman Bancorp Asset Turnover Chart

Cullman Bancorp Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only 0.04 0.05 0.04 0.04 0.04

Cullman Bancorp Quarterly Data
Dec11 Mar12 Jun12 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 Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Cullman Bancorp's Asset Turnover

For the Banks - Regional subindustry, Cullman 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.


Cullman Bancorp's Asset Turnover Distribution in the Banks Industry

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

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



Cullman Bancorp Asset Turnover Calculation

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

Cullman 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 )
=16.892/( (423.229+411.641)/ 2 )
=16.892/417.435
=0.04

Cullman 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 )
=3.91/( (411.641+420.73)/ 2 )
=3.91/416.1855
=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.


Cullman Bancorp  (NAS:CULL) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=2.856/101.534
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.856 / 15.64)*(15.64 / 416.1855)*(416.1855/ 101.534)
=Net Margin %*Asset Turnover*Equity Multiplier
=18.26 %*0.0376*4.099
=ROA %*Equity Multiplier
=0.69 %*4.099
=2.81 %

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:

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

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=2.856/416.1855
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2.856 / 15.64)*(15.64 / 416.1855)
=Net Margin %*Asset Turnover
=18.26 %*0.0376
=0.69 %

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.


Cullman Bancorp Asset Turnover Related Terms

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


Cullman Bancorp (Cullman Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
316 Second Avenue S.W, Cullman, AL, USA, 35055
Cullman Bancorp Inc through a subsidiary accepts deposits and offers one- to four-family residential real estate loans, commercial real estate loans and commercial and industrial loans and, to a lesser extent, construction loans, multi-family real estate loans and consumer loans. The revenue is derived principally from the interest on loans and securities, loan origination and servicing fees and fees levied on deposit accounts. Geographically the activities are carried out through the United States.
Executives
Paul D Bussman director 316 SECOND AVENUE S.W., CULLMAN AL 35055
Nancy Mcclellan director 316 SECOND AVENUE S.W., CULLMAN AL 35055
Riley John A Iii director, officer: President & CEO 316 SECOND AVENUE S.W., CULLMAN AL 35055
Robin Parson director, officer: Executive Vice President 316 SECOND AVENUE S.W., CULLMAN AL 35055
Lynne Morton director 316 SECOND AVENUE, SW, CULLMAN AL 35055
Katrina I Stephens officer: SVP and CFO 316 SECOND AVENUE, SW, CULLMAN AL 35055
T Aira Ugarkovich officer: EVP and COO 316 SECOND AVENUE, SW, CULLMAN AL 35055
Gregory T Barksdale director 316 SECOND AVENUE, SW, CULLMAN AL 35055
Chad T Burks director 316 SECOND AVENUE, SW, CULLMAN AL 35055

Cullman Bancorp (Cullman Bancorp) Headlines