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Bluerock Homes Trust (Bluerock Homes Trust) Asset Turnover : 0.02 (As of Mar. 2024)


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What is Bluerock Homes Trust Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Bluerock Homes Trust's Revenue for the three months ended in Mar. 2024 was $11.18 Mil. Bluerock Homes Trust's Total Assets for the quarter that ended in Mar. 2024 was $699.53 Mil. Therefore, Bluerock Homes Trust's Asset Turnover for the quarter that ended in Mar. 2024 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Bluerock Homes Trust's annualized ROE % for the quarter that ended in Mar. 2024 was -2.10%. It is also linked to ROA % through Du Pont Formula. Bluerock Homes Trust's annualized ROA % for the quarter that ended in Mar. 2024 was -0.44%.


Bluerock Homes Trust Asset Turnover Historical Data

The historical data trend for Bluerock Homes Trust'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.

Bluerock Homes Trust Asset Turnover Chart

Bluerock Homes Trust Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Asset Turnover
0.02 0.03 0.06 0.06

Bluerock Homes Trust Quarterly Data
Dec20 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 0.02 0.02 0.02 0.02 0.02

Competitive Comparison of Bluerock Homes Trust's Asset Turnover

For the REIT - Residential subindustry, Bluerock Homes Trust'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.


Bluerock Homes Trust's Asset Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Bluerock Homes Trust's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Bluerock Homes Trust's Asset Turnover falls into.



Bluerock Homes Trust Asset Turnover Calculation

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

Bluerock Homes Trust'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 )
=41.093/( (658.893+671.62)/ 2 )
=41.093/665.2565
=0.06

Bluerock Homes Trust'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 )
=11.176/( (671.62+727.444)/ 2 )
=11.176/699.532
=0.02

* 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.


Bluerock Homes Trust  (AMEX:BHM) Asset Turnover Explanation

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

Bluerock Homes Trust's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-3.068/145.914
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.068 / 44.704)*(44.704 / 699.532)*(699.532/ 145.914)
=Net Margin %*Asset Turnover*Equity Multiplier
=-6.86 %*0.0639*4.7941
=ROA %*Equity Multiplier
=-0.44 %*4.7941
=-2.10 %

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:

Bluerock Homes Trust's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-3.068/699.532
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.068 / 44.704)*(44.704 / 699.532)
=Net Margin %*Asset Turnover
=-6.86 %*0.0639
=-0.44 %

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.


Bluerock Homes Trust Asset Turnover Related Terms

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


Bluerock Homes Trust (Bluerock Homes Trust) Business Description

Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, 32nd Floor, New York, NY, USA, 10105
Bluerock Homes Trust Inc owns and operates single-family properties that generate rental and other property-related income through the leasing of units to a diverse base of tenants. The properties are located in Sunbelt and the Western United States.
Executives
Christopher J. Vohs officer: CFO and Treasurer 27777 FRANKLIN RD SUITE 900, SOUTHFIELD MI 48034
Par Olof Sanda 10 percent owner 624 RIVIERA ISLE DRIVE, FORT LAUDERDALE FL 33301
Sand Capital Associates Llc 10 percent owner 501 N BIRCH RD, UNIT 3, FORT LAUDERDALE FL 33304
Romano Tio director 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Babb James G. Iii officer: Chief Strategy Officer 712 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Ryan S Macdonald officer: Chief Investment Officer 712 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10012
Michael Difranco officer: Executive VP, Operations 712 FIFTH AVENUE, SUITE 900, NEW YORK NY 10019
Kamal Jafarnia director 7201 REGENCY COURT, PLANO TX 75024
Elizabeth Scott Harrison director 390 WEST END AVENUE, APARTMENT 3F, NEW YORK NY 10024
I. Bobby Majumder director 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Ramin Kamfar officer: Chief Executive Officer 1345 AVENUE OF THE AMERICAS, 32 FLOOR, NEW YORK NY 10105
Jordan B. Ruddy director, officer: President 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Bluerock Residential Growth Reit, Inc. 10 percent owner 712 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Jason Emala officer: See Remarks 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105