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Construcciones y Auxiliar de Ferrocarriles (FRA:AXF1) Asset Turnover : 0.00 (As of Dec. 2023)


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What is Construcciones y Auxiliar de Ferrocarriles Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Construcciones y Auxiliar de Ferrocarriles's Revenue for the three months ended in Dec. 2023 was €0 Mil. Construcciones y Auxiliar de Ferrocarriles's Total Assets for the quarter that ended in Dec. 2023 was €5,035 Mil. Therefore, Construcciones y Auxiliar de Ferrocarriles's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Construcciones y Auxiliar de Ferrocarriles's annualized ROE % for the quarter that ended in Dec. 2023 was 0.00%. It is also linked to ROA % through Du Pont Formula. Construcciones y Auxiliar de Ferrocarriles's annualized ROA % for the quarter that ended in Dec. 2023 was 0.00%.


Construcciones y Auxiliar de Ferrocarriles Asset Turnover Historical Data

The historical data trend for Construcciones y Auxiliar de Ferrocarriles'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.

Construcciones y Auxiliar de Ferrocarriles Asset Turnover Chart

Construcciones y Auxiliar de Ferrocarriles Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.66 0.71 0.69 0.77

Construcciones y Auxiliar de Ferrocarriles Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23
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 0.18 0.15 0.20 - -

Competitive Comparison of Construcciones y Auxiliar de Ferrocarriles's Asset Turnover

For the Railroads subindustry, Construcciones y Auxiliar de Ferrocarriles'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.


Construcciones y Auxiliar de Ferrocarriles's Asset Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Construcciones y Auxiliar de Ferrocarriles's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Construcciones y Auxiliar de Ferrocarriles's Asset Turnover falls into.



Construcciones y Auxiliar de Ferrocarriles Asset Turnover Calculation

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

Construcciones y Auxiliar de Ferrocarriles'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 )
=3825.285/( (4951.088+5052.354)/ 2 )
=3825.285/5001.721
=0.76

Construcciones y Auxiliar de Ferrocarriles'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/( (5018.026+5052.354)/ 2 )
=0/5035.19
=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.


Construcciones y Auxiliar de Ferrocarriles  (FRA:AXF1) Asset Turnover Explanation

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

Construcciones y Auxiliar de Ferrocarriles's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=0/830.907
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 5035.19)*(5035.19/ 830.907)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*6.0599
=ROA %*Equity Multiplier
=0.00 %*6.0599
=0.00 %

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

Construcciones y Auxiliar de Ferrocarriles's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=0/5035.19
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 5035.19)
=Net Margin %*Asset Turnover
= %*0
=0.00 %

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


Construcciones y Auxiliar de Ferrocarriles Asset Turnover Related Terms

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Construcciones y Auxiliar de Ferrocarriles (FRA:AXF1) Business Description

Traded in Other Exchanges
Address
Jose Miguel Iturrioz, 26, Guipuzcoa, Beasain, ESP, 20200
Construcciones y Auxiliar de Ferrocarriles SA is a Spain-based company that offers comprehensive railway solutions. The company's train-related products comprise high-speed rolling stock, wheelsets, traction and communication systems, signaling systems, and related services including vehicle maintenance, vehicle upgrading and refurbishment, and aftersales technical supports. In addition to supplying train-related products, the company also helps customers conduct viability studies, civil work, electrification projects, and system operation. The company operates under concession or turnkey models. Construcciones y Auxiliar de Ferrocarriles has a global presence, with Europe and Brazil being the two largest markets.

Construcciones y Auxiliar de Ferrocarriles (FRA:AXF1) Headlines

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