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Rosseti PJSC (RTC:RSTIP.PFD) Asset Turnover : 0.09 (As of Sep. 2021)


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What is Rosseti PJSC Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Rosseti PJSC's Revenue for the three months ended in Sep. 2021 was ₽261,317.00 Mil. Rosseti PJSC's Total Assets for the quarter that ended in Sep. 2021 was ₽2,808,260.50 Mil. Therefore, Rosseti PJSC's Asset Turnover for the quarter that ended in Sep. 2021 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. Rosseti PJSC's annualized ROE % for the quarter that ended in Sep. 2021 was 7.59%. It is also linked to ROA % through Du Pont Formula. Rosseti PJSC's annualized ROA % for the quarter that ended in Sep. 2021 was 3.42%.


Rosseti PJSC Asset Turnover Historical Data

The historical data trend for Rosseti PJSC'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.

Rosseti PJSC Asset Turnover Chart

Rosseti PJSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.42 0.42 0.40 0.37

Rosseti PJSC Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.09 0.10 0.10 0.09 0.09

Competitive Comparison of Rosseti PJSC's Asset Turnover

For the Utilities - Regulated Electric subindustry, Rosseti PJSC'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.


Rosseti PJSC's Asset Turnover Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Rosseti PJSC's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Rosseti PJSC's Asset Turnover falls into.



Rosseti PJSC Asset Turnover Calculation

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

Rosseti PJSC's Asset Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=1001517/( (2649579+2730898)/ 2 )
=1001517/2690238.5
=0.37

Rosseti PJSC's Asset Turnover for the quarter that ended in Sep. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2021 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Sep. 2021 ))/ count )
=261317/( (2786407+2830114)/ 2 )
=261317/2808260.5
=0.09

* 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.


Rosseti PJSC  (RTC:RSTIP.PFD) Asset Turnover Explanation

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

Rosseti PJSC's annulized ROE % for the quarter that ended in Sep. 2021 is

ROE %**(Q: Sep. 2021 )
=Net Income/Total Stockholders Equity
=96124/1266974
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(96124 / 1045268)*(1045268 / 2808260.5)*(2808260.5/ 1266974)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.2 %*0.3722*2.2165
=ROA %*Equity Multiplier
=3.42 %*2.2165
=7.59 %

Note: The Net Income data used here is four times the quarterly (Sep. 2021) net income data. The Revenue data used here is four times the quarterly (Sep. 2021) 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:

Rosseti PJSC's annulized ROA % for the quarter that ended in Sep. 2021 is

ROA %(Q: Sep. 2021 )
=Net Income/Total Assets
=96124/2808260.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(96124 / 1045268)*(1045268 / 2808260.5)
=Net Margin %*Asset Turnover
=9.2 %*0.3722
=3.42 %

Note: The Net Income data used here is four times the quarterly (Sep. 2021) net income data. The Revenue data used here is four times the quarterly (Sep. 2021) 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.


Rosseti PJSC Asset Turnover Related Terms

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Rosseti PJSC (RTC:RSTIP.PFD) Business Description

Traded in Other Exchanges
N/A
Address
4 Belovezhskaya Street, Moscow, RUS, 121353
Rosseti PJSC is a Russian electric utility company of whom the Russian Federation holds a controlling stake. Rosseti's core business is the transmission and distribution of electricity. With its many subsidiaries in different regions all throughout the country, the company is the operator of the vast majority of Russia's energy grids. Rosseti derives almost all of its revenue from electricity transmission and distribution service charges. This income stream is primarily determined by changes in Russian electricity consumption and tariffs determined by the Russian government. The electricity markets of Moscow, the Central Federal District, and the Volga region constitute a sizable amount of the company's total revenue. Rosetti is one of the largest electric grid companies in the world.

Rosseti PJSC (RTC:RSTIP.PFD) Headlines

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