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

Cascade Bancorp (Cascade Bancorp) Asset Turnover : 0.01 (As of Mar. 2017)


View and export this data going back to 1994. Start your Free Trial

What is Cascade 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. Cascade Bancorp's Revenue for the three months ended in Mar. 2017 was $32.3 Mil. Cascade Bancorp's Total Assets for the quarter that ended in Mar. 2017 was $3,107.9 Mil. Therefore, Cascade Bancorp's Asset Turnover for the quarter that ended in Mar. 2017 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Cascade Bancorp's annualized ROE % for the quarter that ended in Mar. 2017 was 7.23%. It is also linked to ROA % through Du Pont Formula. Cascade Bancorp's annualized ROA % for the quarter that ended in Mar. 2017 was 0.87%.


Cascade Bancorp Asset Turnover Historical Data

The historical data trend for Cascade 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.

Cascade Bancorp Asset Turnover Chart

Cascade Bancorp Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.05 0.05 0.04 0.04

Cascade Bancorp Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 Cascade Bancorp's Asset Turnover

For the Banks - Regional subindustry, Cascade 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.


Cascade Bancorp's Asset Turnover Distribution in the Banks Industry

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

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



Cascade Bancorp Asset Turnover Calculation

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

Cascade Bancorp's Asset Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=122.569/( (2468.029+3079.058)/ 2 )
=122.569/2773.5435
=0.04

Cascade Bancorp's Asset Turnover for the quarter that ended in Mar. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2017 )/( (Total Assets (Q: Dec. 2016 )+Total Assets (Q: Mar. 2017 ))/ count )
=32.342/( (3079.058+3136.672)/ 2 )
=32.342/3107.865
=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.


Cascade Bancorp  (NAS:CACB) Asset Turnover Explanation

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

Cascade Bancorp's annulized ROE % for the quarter that ended in Mar. 2017 is

ROE %**(Q: Mar. 2017 )
=Net Income/Total Stockholders Equity
=27.048/374.121
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(27.048 / 129.368)*(129.368 / 3107.865)*(3107.865/ 374.121)
=Net Margin %*Asset Turnover*Equity Multiplier
=20.91 %*0.0416*8.3071
=ROA %*Equity Multiplier
=0.87 %*8.3071
=7.23 %

Note: The Net Income data used here is four times the quarterly (Mar. 2017) net income data. The Revenue data used here is four times the quarterly (Mar. 2017) 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:

Cascade Bancorp's annulized ROA % for the quarter that ended in Mar. 2017 is

ROA %(Q: Mar. 2017 )
=Net Income/Total Assets
=27.048/3107.865
=(Net Income / Revenue)*(Revenue / Total Assets)
=(27.048 / 129.368)*(129.368 / 3107.865)
=Net Margin %*Asset Turnover
=20.91 %*0.0416
=0.87 %

Note: The Net Income data used here is four times the quarterly (Mar. 2017) net income data. The Revenue data used here is four times the quarterly (Mar. 2017) 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.


Cascade Bancorp Asset Turnover Related Terms

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


Cascade Bancorp (Cascade Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
Cascade Bancorp was formed in 1990 and is a publicly traded bank holding company. The Bancorp conducts its business activities through its wholly-owned subsidiary, Bank of the Cascades. The Bank is an Oregon state chartered bank which operates more 28 branches serving communities in Central, Southern and Northwest Oregon, as well as in the greater Boise/Treasure Valley, Idaho area. It offers commercial and retail banking services to its customers. It lends to small to medium-sized businesses, municipalities and public organizations, professional and consumer relationships. It also provides commercial real estate loans, real estate construction and development loans, commercial and industrial loans as well as consumer installment, line-of-credit, credit card, and home equity loans. It originates residential mortgage loans that are sold on the secondary market. The Bank provides consumer deposit services with a suite of cash management services. It also provides trust-related services to its clients. The Bank competes principally with other commercial banks, savings and loan associations, credit unions, mortgage companies, brokers, and other non-bank financial services providers. It is subject to a number of state and federal legislative regulations which include, among others, the statutory maximum legal lending rates, domestic monetary policies of the Federal Reserve Board, the U.S. Department of Treasury fiscal policy, and capital adequacy and liquidity constraints imposed by federal and state regulatory agencies.
Executives
Leonard Green & Partners, L.p. 10 percent owner 11111 SANTA MONICA BLVD, STE 2000, LOS ANGELES CA 90025
Daniel J Lee officer: EVP/CCO 5415 EVERGREEN WAY, EVERETT WA 98203
J Lamont Keen director 1221 W IDAHO ST, BOISE ID 83702
Annette G Elg director 1100 NW WALL STREET, BEND OR 97701
Green V Holdings, Llc 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Green Equity Investors V, L.p. 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Green Equity Investors Side V, L.p. 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Gei Capital V, Llc 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Michael Connolly director 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Dennis L Johnson director 1221 W IDAHO ST, BOISE ID 83702
Patricia L Moss director 1100 N.W. WALL STREET, P.O. BOX 369, BEND OR 97701
Lgp Management Inc 10 percent owner 11111 SANTA MONICA BLVD, STE 2000, LOS ANGELES CA 90025
Terry E Zink director, officer: Pres/CEO 38 FOUNTAIN SQUARE PLAZA, MD10AT76, CINCINNATI OH 45263
Donald B Marron 10 percent owner 51 WEST 52ND ST, 23RD FL, NEW YORK NY 10019
Judi Johansen director 2786 GLENMORRIE DRIVE, LAKE OSWEGO OR 97034

Cascade Bancorp (Cascade Bancorp) Headlines