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


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What is Southern Calif 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. Southern Calif Bancorp's Revenue for the three months ended in Mar. 2024 was $21.91 Mil. Southern Calif Bancorp's Total Assets for the quarter that ended in Mar. 2024 was $2,324.98 Mil. Therefore, Southern Calif 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. Southern Calif Bancorp's annualized ROE % for the quarter that ended in Mar. 2024 was 6.80%. It is also linked to ROA % through Du Pont Formula. Southern Calif Bancorp's annualized ROA % for the quarter that ended in Mar. 2024 was 0.85%.


Southern Calif Bancorp Asset Turnover Historical Data

The historical data trend for Southern Calif 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.

Southern Calif Bancorp Asset Turnover Chart

Southern Calif Bancorp Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 0.06 0.05 0.06 0.08 0.04

Southern Calif Bancorp Quarterly Data
Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 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 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 Southern Calif Bancorp's Asset Turnover

For the Banks - Regional subindustry, Southern Calif 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.


Southern Calif Bancorp's Asset Turnover Distribution in the Banks Industry

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

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



Southern Calif Bancorp Asset Turnover Calculation

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

Southern Calif 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 )
=97.517/( (2283.927+2360.252)/ 2 )
=97.517/2322.0895
=0.04

Southern Calif 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 )
=21.907/( (2360.252+2289.715)/ 2 )
=21.907/2324.9835
=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.


Southern Calif Bancorp  (NAS:BCAL) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=19.74/290.3255
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(19.74 / 87.628)*(87.628 / 2324.9835)*(2324.9835/ 290.3255)
=Net Margin %*Asset Turnover*Equity Multiplier
=22.53 %*0.0377*8.0082
=ROA %*Equity Multiplier
=0.85 %*8.0082
=6.80 %

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:

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

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=19.74/2324.9835
=(Net Income / Revenue)*(Revenue / Total Assets)
=(19.74 / 87.628)*(87.628 / 2324.9835)
=Net Margin %*Asset Turnover
=22.53 %*0.0377
=0.85 %

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.


Southern Calif Bancorp Asset Turnover Related Terms

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


Southern Calif Bancorp (Southern Calif Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
3142 Tiger Run Court, Suite 107, Carlsbad, CA, USA, 92010
Southern Calif Bancorp is committed towards serving the business, professional and personal banking needs of the vibrant Southern California communities. It provides a full-range of banking services - deposit accounts. financial products and services to individuals, professionals, and small- to medium-sized businesses.
Executives
Peter Nutz officer: EVP/ Chief Credit Officer 355 S. GRAND AVE, SUITE 1200, LOS ANGELES CA 90071
Ricardo Martin director 355 S. GRAND AVE, SUITE 1200, LOS ANGELES CA 90071
Anne A Williams director, officer: EVP / Chief Credit Officer C/O CU BANCORP, 15821 VENTURA BOULEVARD, SUITE 100, ENCINO CA 91436
John Farkash director, 10 percent owner 355 S. GRAND AVE, SUITE 1200, LOS ANGELES CA 90071
Joann Yeung officer: SVP / Chief Accounting Officer 355 S. GRAND AVE, SUITE 1200, LOS ANGELES CA 90071
Tomaso Frank Di director, officer: Executive Director 355 S. GRAND AVE, SUITE 1200, LOS ANGELES CA 90071
Lester Machado director 355 S. GRAND AVE, SUITE 1200, LOS ANGELES CA 90071
Martin Liska officer: EVP / Chief Risk Officer 355 S. GRAND AVE SUITE 1200, LOS ANGELES CA 90071
Richard Hernandez officer: President 355 S. GRAND AVE, SUITE 1200, LOS ANGELES CA 90071
Irwin Golds director 355 S. GRAND AVE SUITE 1200, LOS ANGELES CA 90071
Manisha Merchant officer: EVP / Chief Legal Officer 355 S. GRAND AVE, SUITE 1200, LOS ANGELES CA 90071
Kaveh Varjavand director 15821 VENTURA BOULEVARD, SUITE 100, ENCINO CA 91436
Castle Creek Capital Partners Vi, Lp 10 percent owner 6051 EL TORDO, RANCHO SANTA FE CA 92067
Anita Wolman director C/O CU BANCORP, 15821 VENTURA BOULEVARD, SUITE 100, ENCINO CA 91436
David I Rainer director, officer: CEO/Chairman C/O CU BANCORP, 15821 VENTURA BOULEVARD, SUITE 100, ENCINO CA 91436