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


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What is Liberty Northwest 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. Liberty Northwest Bancorp's Revenue for the three months ended in Mar. 2024 was $1.12 Mil. Liberty Northwest Bancorp's Total Assets for the quarter that ended in Mar. 2024 was $185.92 Mil. Therefore, Liberty Northwest 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. Liberty Northwest Bancorp's annualized ROE % for the quarter that ended in Mar. 2024 was 0.47%. It is also linked to ROA % through Du Pont Formula. Liberty Northwest Bancorp's annualized ROA % for the quarter that ended in Mar. 2024 was 0.03%.


Liberty Northwest Bancorp Asset Turnover Historical Data

The historical data trend for Liberty Northwest 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.

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Liberty Northwest Bancorp Asset Turnover Chart

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

Liberty Northwest Bancorp Quarterly Data
Dec19 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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Liberty Northwest Bancorp's Asset Turnover

For the Banks - Regional subindustry, Liberty Northwest 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.


Liberty Northwest Bancorp's Asset Turnover Distribution in the Banks Industry

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

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



Liberty Northwest Bancorp Asset Turnover Calculation

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

Liberty Northwest 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 )
=4.892/( (193.016+184.997)/ 2 )
=4.892/189.0065
=0.03

Liberty Northwest 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 )
=1.121/( (184.997+186.84)/ 2 )
=1.121/185.9185
=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.


Liberty Northwest Bancorp  (OTCPK:LBNW) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=0.06/12.6755
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.06 / 4.484)*(4.484 / 185.9185)*(185.9185/ 12.6755)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.34 %*0.0241*14.6675
=ROA %*Equity Multiplier
=0.03 %*14.6675
=0.47 %

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:

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

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=0.06/185.9185
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.06 / 4.484)*(4.484 / 185.9185)
=Net Margin %*Asset Turnover
=1.34 %*0.0241
=0.03 %

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.


Liberty Northwest Bancorp Asset Turnover Related Terms

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Liberty Northwest Bancorp (Liberty Northwest Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
20150 7th Avenue NE, Poulsbo, WA, USA, 98370
Liberty Northwest Bancorp Inc. is a bank holding company whose wholly-owned subsidiary is Liberty Bank. The Bank provides a full range of banking services to individual and corporate customers through its main office in Poulsbo, Washington, and a leased space in Bellevue, Washington. The bank's products include a wide variety of loans and deposits, in addition to retail and commercial digital and online banking services.

Liberty Northwest Bancorp (Liberty Northwest Bancorp) Headlines