GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Investment Bank Of Iraq (IQS:BIBI) » Definitions » Asset Turnover

Investment Bank Of Iraq (IQS:BIBI) Asset Turnover : 0.00 (As of . 20)


View and export this data going back to 2004. Start your Free Trial

What is Investment Bank Of Iraq Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Investment Bank Of Iraq's Revenue for the three months ended in . 20 was ع.د Mil. Investment Bank Of Iraq's Total Assets for the quarter that ended in . 20 was ع.د Mil. Therefore, Investment Bank Of Iraq's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Investment Bank Of Iraq's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. Investment Bank Of Iraq's annualized ROA % for the quarter that ended in . 20 was %.


Investment Bank Of Iraq Asset Turnover Historical Data

The historical data trend for Investment Bank Of Iraq'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.

Investment Bank Of Iraq Asset Turnover Chart

Investment Bank Of Iraq Annual Data
Trend
Asset Turnover

Investment Bank Of Iraq Quarterly Data
Asset Turnover

Competitive Comparison of Investment Bank Of Iraq's Asset Turnover

For the Banks - Regional subindustry, Investment Bank Of Iraq'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.


Investment Bank Of Iraq's Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Investment Bank Of Iraq's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Investment Bank Of Iraq's Asset Turnover falls into.



Investment Bank Of Iraq Asset Turnover Calculation

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

Investment Bank Of Iraq's Asset Turnover for the fiscal year that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
=

Investment Bank Of Iraq's Asset Turnover for the quarter that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
=

* 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.


Investment Bank Of Iraq  (IQS:BIBI) Asset Turnover Explanation

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

Investment Bank Of Iraq's annulized ROE % for the quarter that ended in . 20 is

ROE %**(Q: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=( / )*( / )*(/ )
=Net Margin %*Asset Turnover*Equity Multiplier
= %**
=ROA %*Equity Multiplier
= %*
= %

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) 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:

Investment Bank Of Iraq's annulized ROA % for the quarter that ended in . 20 is

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) 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.


Investment Bank Of Iraq Asset Turnover Related Terms

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


Investment Bank Of Iraq (IQS:BIBI) Business Description

Traded in Other Exchanges
N/A
Address
Al-Wahda District, Mahalla: 902, Al-Zaqaq: 2, Building: 27, PO Box 3724, Baghdad, IRQ
Investment Bank Of Iraq provides commercial banking services. Its services include saving, current, and deposit accounts, loans and demand deposits, discounting bills, purchasing drafts, banking guarantees, and loans on gold and swift services among others. it provides medium and long-term loans to exporters. It also engaged in the management of the investment portfolios.

Investment Bank Of Iraq (IQS:BIBI) Headlines

No Headlines