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2invest AG (2invest AG) Asset Turnover : 0.00 (As of Dec. 2023)


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What is 2invest AG Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. 2invest AG's Revenue for the six months ended in Dec. 2023 was $0.00 Mil. 2invest AG's Total Assets for the quarter that ended in Dec. 2023 was $65.77 Mil. Therefore, 2invest AG's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. 2invest AG's annualized ROE % for the quarter that ended in Dec. 2023 was 22.35%. It is also linked to ROA % through Du Pont Formula. 2invest AG's annualized ROA % for the quarter that ended in Dec. 2023 was 22.10%.


2invest AG Asset Turnover Historical Data

The historical data trend for 2invest AG'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.

2invest AG Asset Turnover Chart

2invest AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
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2invest AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of 2invest AG's Asset Turnover

For the Asset Management subindustry, 2invest AG'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.


2invest AG's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, 2invest AG's Asset Turnover distribution charts can be found below:

* The bar in red indicates where 2invest AG's Asset Turnover falls into.



2invest AG Asset Turnover Calculation

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

2invest AG'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 )
=0/( (65.65+69.984)/ 2 )
=0/67.817
=0.00

2invest AG's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (61.563+69.984)/ 2 )
=0/65.7735
=0.00

* 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.


2invest AG  (GREY:FBSBF) Asset Turnover Explanation

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

2invest AG's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=14.534/65.037
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(14.534 / 0)*(0 / 65.7735)*(65.7735/ 65.037)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0113
=ROA %*Equity Multiplier
=22.10 %*1.0113
=22.35 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 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:

2invest AG's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=14.534/65.7735
=(Net Income / Revenue)*(Revenue / Total Assets)
=(14.534 / 0)*(0 / 65.7735)
=Net Margin %*Asset Turnover
= %*0
=22.10 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 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.


2invest AG Asset Turnover Related Terms

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2invest AG (2invest AG) Business Description

Traded in Other Exchanges
Address
Ziegelhauser Landstr. 3, Heidelberg, BW, DEU, 69120
2invest AG is engaged in the acquisition, management, and sale of investments in corporations and partnerships, especially but not exclusively in the biotechnology, life science, and IT sectors in Germany and abroad.

2invest AG (2invest AG) Headlines

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