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Export Development Bank of Egypt (CAI:EXPA) Asset Turnover : 0.02 (As of Dec. 2023)


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What is Export Development Bank of Egypt Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Export Development Bank of Egypt's Revenue for the three months ended in Dec. 2023 was E£2,378 Mil. Export Development Bank of Egypt's Total Assets for the quarter that ended in Dec. 2023 was E£115,092 Mil. Therefore, Export Development Bank of Egypt's Asset Turnover for the quarter that ended in Dec. 2023 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Export Development Bank of Egypt's annualized ROE % for the quarter that ended in Dec. 2023 was 33.17%. It is also linked to ROA % through Du Pont Formula. Export Development Bank of Egypt's annualized ROA % for the quarter that ended in Dec. 2023 was 3.82%.


Export Development Bank of Egypt Asset Turnover Historical Data

The historical data trend for Export Development Bank of Egypt'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.

Export Development Bank of Egypt Asset Turnover Chart

Export Development Bank of Egypt Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.05 0.04 0.05 0.07

Export Development Bank of Egypt Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.02 0.02 0.02 0.02

Competitive Comparison of Export Development Bank of Egypt's Asset Turnover

For the Banks - Regional subindustry, Export Development Bank of Egypt'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.


Export Development Bank of Egypt's Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Export Development Bank of Egypt's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Export Development Bank of Egypt's Asset Turnover falls into.



Export Development Bank of Egypt Asset Turnover Calculation

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

Export Development Bank of Egypt'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 )
=7822.199/( (98303.954+118427.84)/ 2 )
=7822.199/108365.897
=0.07

Export Development Bank of Egypt's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=2377.975/( (111756.589+118427.84)/ 2 )
=2377.975/115092.2145
=0.02

* 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.


Export Development Bank of Egypt  (CAI:EXPA) Asset Turnover Explanation

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

Export Development Bank of Egypt's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=4398.532/13261.5905
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4398.532 / 9511.9)*(9511.9 / 115092.2145)*(115092.2145/ 13261.5905)
=Net Margin %*Asset Turnover*Equity Multiplier
=46.24 %*0.0826*8.6786
=ROA %*Equity Multiplier
=3.82 %*8.6786
=33.17 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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:

Export Development Bank of Egypt's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=4398.532/115092.2145
=(Net Income / Revenue)*(Revenue / Total Assets)
=(4398.532 / 9511.9)*(9511.9 / 115092.2145)
=Net Margin %*Asset Turnover
=46.24 %*0.0826
=3.82 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


Export Development Bank of Egypt Asset Turnover Related Terms

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Export Development Bank of Egypt (CAI:EXPA) Business Description

Traded in Other Exchanges
N/A
Address
78, South Teseen, New Cairo, EGY
Export Development Bank of Egypt provides various banking services to its customers in Egypt. Its objective is to develop Egyptian export activities and develop agricultural, industrial, commercial, and service exporting sectors, and it also provides all investment banking services in local and foreign currencies. The main business is Corporate Banking and Loan Syndication Activities. The geographical segments are Cairo; Alex, Delta, and Sinai; and Upper Egypt.

Export Development Bank of Egypt (CAI:EXPA) Headlines

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