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Potomac Bancshares (Potomac Bancshares) Asset Turnover : 0.01 (As of Sep. 2018)


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What is Potomac Bancshares Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Potomac Bancshares's Revenue for the three months ended in Sep. 2018 was $3.74 Mil. Potomac Bancshares's Total Assets for the quarter that ended in Sep. 2018 was $451.27 Mil. Therefore, Potomac Bancshares's Asset Turnover for the quarter that ended in Sep. 2018 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Potomac Bancshares's annualized ROE % for the quarter that ended in Sep. 2018 was 7.62%. It is also linked to ROA % through Du Pont Formula. Potomac Bancshares's annualized ROA % for the quarter that ended in Sep. 2018 was 0.72%.


Potomac Bancshares Asset Turnover Historical Data

The historical data trend for Potomac Bancshares'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.

Potomac Bancshares Asset Turnover Chart

Potomac Bancshares Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.05 0.05 0.05 0.05

Potomac Bancshares Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Mar14 Jun14 Sep14 Mar15 Jun15 Sep15 Mar16 Jun16 Sep16 Mar17 Jun17 Sep17 Mar18 Jun18 Sep18
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 Potomac Bancshares's Asset Turnover

For the Banks - Regional subindustry, Potomac Bancshares'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.


Potomac Bancshares's Asset Turnover Distribution in the Banks Industry

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

* The bar in red indicates where Potomac Bancshares's Asset Turnover falls into.



Potomac Bancshares Asset Turnover Calculation

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

Potomac Bancshares's Asset Turnover for the fiscal year that ended in Dec. 2011 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2011 )/( (Total Assets (A: Dec. 2010 )+Total Assets (A: Dec. 2011 ))/ count )
=14.039/( (297.609+287.393)/ 2 )
=14.039/292.501
=0.05

Potomac Bancshares's Asset Turnover for the quarter that ended in Sep. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2018 )/( (Total Assets (Q: Jun. 2018 )+Total Assets (Q: Sep. 2018 ))/ count )
=3.739/( (427.031+475.499)/ 2 )
=3.739/451.265
=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.


Potomac Bancshares  (OTCPK:PTBS) Asset Turnover Explanation

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

Potomac Bancshares's annulized ROE % for the quarter that ended in Sep. 2018 is

ROE %**(Q: Sep. 2018 )
=Net Income/Total Stockholders Equity
=3.268/42.864
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3.268 / 14.956)*(14.956 / 451.265)*(451.265/ 42.864)
=Net Margin %*Asset Turnover*Equity Multiplier
=21.85 %*0.0331*10.5278
=ROA %*Equity Multiplier
=0.72 %*10.5278
=7.62 %

Note: The Net Income data used here is four times the quarterly (Sep. 2018) net income data. The Revenue data used here is four times the quarterly (Sep. 2018) 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:

Potomac Bancshares's annulized ROA % for the quarter that ended in Sep. 2018 is

ROA %(Q: Sep. 2018 )
=Net Income/Total Assets
=3.268/451.265
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3.268 / 14.956)*(14.956 / 451.265)
=Net Margin %*Asset Turnover
=21.85 %*0.0331
=0.72 %

Note: The Net Income data used here is four times the quarterly (Sep. 2018) net income data. The Revenue data used here is four times the quarterly (Sep. 2018) 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.


Potomac Bancshares Asset Turnover Related Terms

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Potomac Bancshares (Potomac Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
111 East Washington Street, P.O. Box 906, Charles Town, WV, USA, 25414-0906
Potomac Bancshares Inc is a bank holding company. The bank engages in the general banking business and provides individuals, businesses, and local governments with a range of banking services. The services provided by the bank include commercial credit lines, equipment loans, and construction financing; real estate loans, secondary market, and adjustable-rate mortgages; retail loan products including home equity lines of credit; checking and savings accounts for businesses and individuals; and certificates of deposit and individual retirement accounts.