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Healthcare Realty Trust (Healthcare Realty Trust) Asset Turnover : 0.03 (As of Dec. 2023)


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What is Healthcare Realty 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. Healthcare Realty Trust's Revenue for the three months ended in Dec. 2023 was $330 Mil. Healthcare Realty Trust's Total Assets for the quarter that ended in Dec. 2023 was $12,870 Mil. Therefore, Healthcare Realty Trust's Asset Turnover for the quarter that ended in Dec. 2023 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Healthcare Realty Trust's annualized ROE % for the quarter that ended in Dec. 2023 was -2.35%. It is also linked to ROA % through Du Pont Formula. Healthcare Realty Trust's annualized ROA % for the quarter that ended in Dec. 2023 was -1.26%.


Healthcare Realty Trust Asset Turnover Historical Data

The historical data trend for Healthcare Realty 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.

Healthcare Realty Trust Asset Turnover Chart

Healthcare Realty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.14 0.13 0.10 0.10

Healthcare Realty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.02 0.02 0.03 0.03 0.03

Competitive Comparison of Healthcare Realty Trust's Asset Turnover

For the REIT - Healthcare Facilities subindustry, Healthcare Realty 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.


Healthcare Realty Trust's Asset Turnover Distribution in the REITs Industry

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

* The bar in red indicates where Healthcare Realty Trust's Asset Turnover falls into.



Healthcare Realty Trust Asset Turnover Calculation

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

Healthcare Realty 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 )
=1343.769/( (13849.631+12637.131)/ 2 )
=1343.769/13243.381
=0.10

Healthcare Realty Trust's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=330.441/( (13103.728+12637.131)/ 2 )
=330.441/12870.4295
=0.03

* 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.


Healthcare Realty Trust  (NYSE:HR) Asset Turnover Explanation

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

Healthcare Realty Trust's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-162.132/6913.181
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-162.132 / 1321.764)*(1321.764 / 12870.4295)*(12870.4295/ 6913.181)
=Net Margin %*Asset Turnover*Equity Multiplier
=-12.27 %*0.1027*1.8617
=ROA %*Equity Multiplier
=-1.26 %*1.8617
=-2.35 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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:

Healthcare Realty Trust's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-162.132/12870.4295
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-162.132 / 1321.764)*(1321.764 / 12870.4295)
=Net Margin %*Asset Turnover
=-12.27 %*0.1027
=-1.26 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


Healthcare Realty Trust Asset Turnover Related Terms

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


Healthcare Realty Trust (Healthcare Realty Trust) Business Description

Traded in Other Exchanges
Address
3310 West End Avenue, Suite 700, Nashville, TN, USA, 37203
Healthcare Realty Trust Inc is a healthcare facility real estate investment trust. The company focuses on owning, leasing, and managing outpatient facilities and other healthcare properties. The company considers merger and acquisition investment as a component of its operational growth strategy. It works with developers that have strong ties to a local health system and physicians. The company works to invest in outpatient facilities that are integral to a hospital's operations. It generates all of its revenue in the United States.
Executives
Robert E Hull officer: EVP - Investments 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Julie F. Wilson officer: EVP - Operations 3310 WEST END AVENUE, SUITE 700, ATTENTION: ANDREW LOOPE, NASHVILLE TN 37203
John Knox Singleton director
Kilroy James Joseph Iv director 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Nancy H Agee director PO BOX 13007, ROANOKE VA 24030
Ajay Gupta director 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Bryant John M Jr officer: EVP and General Counsel 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
J Christopher Douglas officer: EVP and CFO 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Amanda L Callaway officer: SVP & Chief Accounting Officer 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Edward Hall Braman director 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Todd J Meredith director, officer: President and CEO 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Christann M Vasquez director 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Lyle Peter F Sr director 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
John V Abbott director 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Reshma Block director 16435 N SCOTTSDALE ROAD, SUITE 320, SCOTTSDALE AZ 85254

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