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


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What is Cambridge 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. Cambridge Bancorp's Revenue for the three months ended in Mar. 2024 was $37.6 Mil. Cambridge Bancorp's Total Assets for the quarter that ended in Mar. 2024 was $5,395.8 Mil. Therefore, Cambridge 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. Cambridge Bancorp's annualized ROE % for the quarter that ended in Mar. 2024 was 5.15%. It is also linked to ROA % through Du Pont Formula. Cambridge Bancorp's annualized ROA % for the quarter that ended in Mar. 2024 was 0.51%.


Cambridge Bancorp Asset Turnover Historical Data

The historical data trend for Cambridge 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.

Cambridge Bancorp Asset Turnover Chart

Cambridge Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.05 0.04 0.04 0.03

Cambridge Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 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 Cambridge Bancorp's Asset Turnover

For the Banks - Regional subindustry, Cambridge 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.


Cambridge Bancorp's Asset Turnover Distribution in the Banks Industry

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

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



Cambridge Bancorp Asset Turnover Calculation

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

Cambridge 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 )
=162.536/( (5559.737+5417.666)/ 2 )
=162.536/5488.7015
=0.03

Cambridge 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 )
=37.638/( (5417.666+5373.84)/ 2 )
=37.638/5395.753
=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.


Cambridge Bancorp  (NAS:CATC) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=27.552/535.0845
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(27.552 / 150.552)*(150.552 / 5395.753)*(5395.753/ 535.0845)
=Net Margin %*Asset Turnover*Equity Multiplier
=18.3 %*0.0279*10.0839
=ROA %*Equity Multiplier
=0.51 %*10.0839
=5.15 %

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:

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

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=27.552/5395.753
=(Net Income / Revenue)*(Revenue / Total Assets)
=(27.552 / 150.552)*(150.552 / 5395.753)
=Net Margin %*Asset Turnover
=18.3 %*0.0279
=0.51 %

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.


Cambridge Bancorp Asset Turnover Related Terms

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


Cambridge Bancorp (Cambridge Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
1336 Massachusetts Avenue, Cambridge, MA, USA, 02138
Cambridge Bancorp is a United States-based bank holding company. Its core services include Wealth Management, Commercial Banking, Residential Lending, and Personal Banking. It provides banking services such as deposit accounts, online and mobile banking, business banking, wealth planning and other services. The company's loan portfolio comprises Residential & commercial mortgages, Home equity, Commercial & Industrial and Consumer.
Executives
Joseph P. Sapienza officer: SVP, Interim CFO 26 MANTER MILL ROAD, LONDONDERRY NH 03053
Simon R Gerlin director C/O CLEAN HARBORS, INC., 42 LONGWATER DRIVE, NORWELL MA 02061-9149
Jeffrey F. Smith officer: EVP/Head of Wealth Mgmt 83 WESTON FARM PATH, MARSHFIELD MA 02050
Stone Robert Gregg Iii director 78 BLANCHARD ROAD, BURLINGTON MA 01803
Denis K Sheahan director, officer: Chairman & CEO 78 BLANCHARD ROAD, BURLINGTON MA 01803
Hambleton Douglas Lord director 78 BLANCHARD ROAD, BURLINGTON MA 01803
Michael Carotenuto officer: Senior VP & CFO 78 BLANCHARD ROAD, BURLINGTON MA 01803
Martin B Millane officer: Exec VP & Chief Lending Off 78 BLANCHARD ROAD, BURLINGTON MA 01803
Peter J. Halberstadt officer: SVP, Chief Credit Officer 11 VIRGINIA ROAD, NEWTON MA 02466
Steven J. Mead officer: SVP, Head of Commercial Serv. 64 SPRINGS ROAD, BEDFORD MA 01730
Jane C. Walsh director 47 MYSTIC VALLEY PARKWAY, WINCHESTER MA 01890
Andargachew S Zelleke director C/O CAMBRIDGE BANCORP, 1336 MASSACHUSETTS AVENUE, CAMBRIDGE MA 02138
Kerri Mooney officer: SVP Dir. of Banking Offices 78 BLANCHARD ROAD, BURLINGTON MA 01803
Danielle Remis Hackel officer: Chief Marketing Officer C/O CAMBRIDGE BANCORP, 78 BLANCHARD RD, BURLINGTON MA 01803
Cathleen Agnes Schmidt director 78 BLANCHARD ROAD, BURLINGTON MA 01803