GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Adamjee Life Assurance Co Ltd (KAR:ALIFE) » Definitions » Asset Turnover

Adamjee Life Assurance Co (KAR:ALIFE) Asset Turnover : 0.00 (As of . 20)


View and export this data going back to 2022. Start your Free Trial

What is Adamjee Life Assurance Co Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Adamjee Life Assurance Co's Revenue for the six months ended in . 20 was ₨ Mil. Adamjee Life Assurance Co's Total Assets for the quarter that ended in . 20 was ₨ Mil. Therefore, Adamjee Life Assurance Co's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Adamjee Life Assurance Co's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. Adamjee Life Assurance Co's annualized ROA % for the quarter that ended in . 20 was %.


Adamjee Life Assurance Co Asset Turnover Historical Data

The historical data trend for Adamjee Life Assurance Co'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.

Adamjee Life Assurance Co Asset Turnover Chart

Adamjee Life Assurance Co Annual Data
Trend
Asset Turnover

Adamjee Life Assurance Co Semi-Annual Data
Asset Turnover

Competitive Comparison of Adamjee Life Assurance Co's Asset Turnover

For the Insurance - Life subindustry, Adamjee Life Assurance Co'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.


Adamjee Life Assurance Co's Asset Turnover Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Adamjee Life Assurance Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Adamjee Life Assurance Co's Asset Turnover falls into.



Adamjee Life Assurance Co Asset Turnover Calculation

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

Adamjee Life Assurance Co'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 )
=/( (+)/ )
=/
=

Adamjee Life Assurance Co'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.


Adamjee Life Assurance Co  (KAR:ALIFE) Asset Turnover Explanation

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

Adamjee Life Assurance Co'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:

Adamjee Life Assurance Co's annulized ROA % for the quarter that ended in . 20 is

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.


Adamjee Life Assurance Co Asset Turnover Related Terms

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


Adamjee Life Assurance Co (KAR:ALIFE) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
I. I Chundrigar Road, Adamjee House, 3rd and 4th Floor, Karachi, PAK, 7400
Adamjee Life Assurance Co Ltd is engaged in the life insurance business carrying on non-participating business only. The company has six operating segment which includes Conventional Business, Accident and Health Business, Non-Unitised Investment Linked Business, Unit Linked Business, Individual Family Takaful Business, and Group Family Takaful Business. Its key revenue is generated from the Unit Linked Business which provides life assurance coverage to individuals under unit-linked investment policies issued by the Company.

Adamjee Life Assurance Co (KAR:ALIFE) Headlines

No Headlines