GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NSTS Bancorp Inc (NAS:NSTS) » Definitions » Asset Turnover

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


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

What is NSTS 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. NSTS Bancorp's Revenue for the three months ended in Mar. 2024 was $1.99 Mil. NSTS Bancorp's Total Assets for the quarter that ended in Mar. 2024 was $261.17 Mil. Therefore, NSTS 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. NSTS Bancorp's annualized ROE % for the quarter that ended in Mar. 2024 was -1.27%. It is also linked to ROA % through Du Pont Formula. NSTS Bancorp's annualized ROA % for the quarter that ended in Mar. 2024 was -0.38%.


NSTS Bancorp Asset Turnover Historical Data

The historical data trend for NSTS 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.

NSTS Bancorp Asset Turnover Chart

NSTS Bancorp Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
0.03 0.03 0.02 0.02 0.02

NSTS Bancorp Quarterly Data
Dec19 Jun20 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 0.01 0.01 0.01 - 0.01

Competitive Comparison of NSTS Bancorp's Asset Turnover

For the Banks - Regional subindustry, NSTS 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.


NSTS Bancorp's Asset Turnover Distribution in the Banks Industry

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

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



NSTS Bancorp Asset Turnover Calculation

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

NSTS 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 )
=4.953/( (264.206+256.776)/ 2 )
=4.953/260.491
=0.02

NSTS 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 )
=1.987/( (256.776+265.564)/ 2 )
=1.987/261.17
=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.


NSTS Bancorp  (NAS:NSTS) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-0.984/77.2535
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.984 / 7.948)*(7.948 / 261.17)*(261.17/ 77.2535)
=Net Margin %*Asset Turnover*Equity Multiplier
=-12.38 %*0.0304*3.3807
=ROA %*Equity Multiplier
=-0.38 %*3.3807
=-1.27 %

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:

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

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-0.984/261.17
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.984 / 7.948)*(7.948 / 261.17)
=Net Margin %*Asset Turnover
=-12.38 %*0.0304
=-0.38 %

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.


NSTS Bancorp Asset Turnover Related Terms

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


NSTS Bancorp (NSTS Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
700 S. Lewis Avenue, Waukegan, IL, USA, 60085
NSTS Bancorp Inc is a savings and loan holding company regulated Federal Reserve Board. The company was formed to serve as the North Shore Trust and Savings stock holding company. The Bank is a wholly-owned subsidiary of the company and operates as a traditional savings institution focused primarily on serving the banking needs of customers in our market area of Lake County, Illinois and adjacent communities.
Executives
Carissa H Schoolcraft officer: Chief Financial Officer 700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Kevin M Dolan director 3850 N CAUSEWAY BLVD STE 800, METAIRIE LA 70002
Nathan E Walker officer: President 700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Amy L Avakian officer: Chief Lending Officer 700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Stephen G. Lear director, officer: Chief Executive Officer 700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Thomas J Kneesel director 700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Rodney J, True director 700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Bond Thaddeus M. Jr. director 700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Apolonio Arenas director 700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Thomas M Ivantic director 700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085

NSTS Bancorp (NSTS Bancorp) Headlines