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Ascent Capital Group (Ascent Capital Group) Asset Turnover : 0.18 (As of Jun. 2019)


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What is Ascent Capital Group Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Ascent Capital Group's Revenue for the three months ended in Jun. 2019 was $128.1 Mil. Ascent Capital Group's Total Assets for the quarter that ended in Jun. 2019 was $707.1 Mil. Therefore, Ascent Capital Group's Asset Turnover for the quarter that ended in Jun. 2019 was 0.18.

Asset Turnover is linked to ROE % through Du Pont Formula. Ascent Capital Group's annualized ROE % for the quarter that ended in Jun. 2019 was -890.17%. It is also linked to ROA % through Du Pont Formula. Ascent Capital Group's annualized ROA % for the quarter that ended in Jun. 2019 was 355.75%.


Ascent Capital Group Asset Turnover Historical Data

The historical data trend for Ascent Capital Group'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.

Ascent Capital Group Asset Turnover Chart

Ascent Capital Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.26 0.27 0.26 0.31

Ascent Capital Group Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 0.07 0.08 0.08 0.09 0.18

Competitive Comparison of Ascent Capital Group's Asset Turnover

For the Security & Protection Services subindustry, Ascent Capital Group'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.


Ascent Capital Group's Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ascent Capital Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Ascent Capital Group's Asset Turnover falls into.



Ascent Capital Group Asset Turnover Calculation

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

Ascent Capital Group's Asset Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2018 )/( (Total Assets (A: Dec. 2017 )+Total Assets (A: Dec. 2018 ))/ count )
=540.358/( (2054.985+1413.544)/ 2 )
=540.358/1734.2645
=0.31

Ascent Capital Group's Asset Turnover for the quarter that ended in Jun. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2019 )/( (Total Assets (Q: Mar. 2019 )+Total Assets (Q: Jun. 2019 ))/ count )
=128.091/( (1384.048+30.193)/ 2 )
=128.091/707.1205
=0.18

* 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.


Ascent Capital Group  (OTCPK:ASCMA) Asset Turnover Explanation

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

Ascent Capital Group's annulized ROE % for the quarter that ended in Jun. 2019 is

ROE %**(Q: Jun. 2019 )
=Net Income/Total Stockholders Equity
=2515.604/-282.5985
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2515.604 / 512.364)*(512.364 / 707.1205)*(707.1205/ -282.5985)
=Net Margin %*Asset Turnover*Equity Multiplier
=490.98 %*0.7246*-2.5022
=ROA %*Equity Multiplier
=355.75 %*-2.5022
=-890.17 %

Note: The Net Income data used here is four times the quarterly (Jun. 2019) net income data. The Revenue data used here is four times the quarterly (Jun. 2019) 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:

Ascent Capital Group's annulized ROA % for the quarter that ended in Jun. 2019 is

ROA %(Q: Jun. 2019 )
=Net Income/Total Assets
=2515.604/707.1205
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2515.604 / 512.364)*(512.364 / 707.1205)
=Net Margin %*Asset Turnover
=490.98 %*0.7246
=355.75 %

Note: The Net Income data used here is four times the quarterly (Jun. 2019) net income data. The Revenue data used here is four times the quarterly (Jun. 2019) 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.


Ascent Capital Group Asset Turnover Related Terms

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


Ascent Capital Group (Ascent Capital Group) Business Description

Traded in Other Exchanges
N/A
Address
5251 DTC Parkway, Suite 1000, Greenwood Village, CO, USA, 80111
Ascent Capital Group Inc is a provider of security systems and security monitoring services. The company operates two segments: monitronics and livewatch. Monitronics offers security alarm services, including monitoring signals arising from burglaries, fires, and medical alerts, and provides customer services and technical support. The company outsources the installation and most field services to its dealers and focuses on fees charged under alarm-monitoring contracts. Livewatch is a do-it-yourself home security provider that generates revenue through the sale of equipment and monitoring contracts. The company operates in the United States of America and Canada.
Executives
Thomas Patrick Mcmillin director C/O WIDEOPENWEST, INC., 7887 EAST BELLEVIEW AVENUE, SUITE 1000, ENGLEWOOD CO 80111
John C Malone 10 percent owner 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Jeffery R Gardner director, officer: Executive Vice President ONE ALLIED DRIVE, LITTLE ROCK AR 72202
William R Fitzgerald director, 10 percent owner, officer: Chairman 2431 EAST 61ST STREET STE 800, TULSA OK 74136
Charles Y Tanabe director 123 LIBERTY BLVD, ENGLEWOOD CO 80112
Brigade Capital Management, Lp 10 percent owner 399 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10022
Brigade Capital Management Gp, Llc 10 percent owner 399 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10022
Morgan Donald E Iii 10 percent owner C/O BRIGADE CAPITAL MANAGEMENT, LLC, 717 FIFTH AVENUE, SUITE 1301, NEW YORK NY 10022
Brigade Leveraged Capital Structures Fund Ltd. 10 percent owner ONE NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY1-9005
Ahmet H Okumus 10 percent owner C/O OKUMUS FUND MANAGEMENT LTD., 767 THIRD AVENUE, 35TH FLOOR, NEW YORK NY 10022
Okumus Fund Management Ltd. 10 percent owner 767 THIRD AVENUE, 35TH FLOOR, NEW YORK NY 10017
Okumus Opportunistic Value Fund Ltd. 10 percent owner CRAIGMUIR CHAMBERS, SUITE 71, ROAD TOWN, TORTOLA D8 VG 1110
Carl E Vogel director C/O SIRIUS XM RADIO INC., 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Brian Deevy director C/O TICKETMASTER, 8800 WEST SUNSET BLVD., WEST HOLLYWOOD CA 90069
Richard Walker officer: Executive Vice President C/O SERVICESOURCE INTERNATIONAL, INC., 717 17TH STREET, 5TH FLOOR, DENVER CO 80202

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