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IDW Media Holdings (IDW Media Holdings) Asset Turnover : 0.25 (As of Jan. 2023)


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What is IDW Media Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. IDW Media Holdings's Revenue for the three months ended in Jan. 2023 was $6.59 Mil. IDW Media Holdings's Total Assets for the quarter that ended in Jan. 2023 was $26.92 Mil. Therefore, IDW Media Holdings's Asset Turnover for the quarter that ended in Jan. 2023 was 0.25.

Asset Turnover is linked to ROE % through Du Pont Formula. IDW Media Holdings's annualized ROE % for the quarter that ended in Jan. 2023 was -37.75%. It is also linked to ROA % through Du Pont Formula. IDW Media Holdings's annualized ROA % for the quarter that ended in Jan. 2023 was -29.69%.


IDW Media Holdings Asset Turnover Historical Data

The historical data trend for IDW Media Holdings'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.

IDW Media Holdings Asset Turnover Chart

IDW Media Holdings Annual Data
Trend Oct12 Oct13 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.54 0.58 0.75 1.22

IDW Media Holdings Quarterly Data
Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Oct19 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
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 0.39 0.22 0.28 0.38 0.25

Competitive Comparison of IDW Media Holdings's Asset Turnover

For the Publishing subindustry, IDW Media Holdings'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.


IDW Media Holdings's Asset Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, IDW Media Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where IDW Media Holdings's Asset Turnover falls into.



IDW Media Holdings Asset Turnover Calculation

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

IDW Media Holdings's Asset Turnover for the fiscal year that ended in Oct. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Oct. 2022 )/( (Total Assets (A: Oct. 2021 )+Total Assets (A: Oct. 2022 ))/ count )
=36.094/( (31.398+27.941)/ 2 )
=36.094/29.6695
=1.22

IDW Media Holdings's Asset Turnover for the quarter that ended in Jan. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2023 )/( (Total Assets (Q: Oct. 2022 )+Total Assets (Q: Jan. 2023 ))/ count )
=6.593/( (27.941+25.897)/ 2 )
=6.593/26.919
=0.24

* 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.


IDW Media Holdings  (OTCPK:IDWM) Asset Turnover Explanation

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

IDW Media Holdings's annulized ROE % for the quarter that ended in Jan. 2023 is

ROE %**(Q: Jan. 2023 )
=Net Income/Total Stockholders Equity
=-7.992/21.17
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-7.992 / 26.372)*(26.372 / 26.919)*(26.919/ 21.17)
=Net Margin %*Asset Turnover*Equity Multiplier
=-30.3 %*0.9797*1.2716
=ROA %*Equity Multiplier
=-29.69 %*1.2716
=-37.75 %

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

IDW Media Holdings's annulized ROA % for the quarter that ended in Jan. 2023 is

ROA %(Q: Jan. 2023 )
=Net Income/Total Assets
=-7.992/26.919
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-7.992 / 26.372)*(26.372 / 26.919)
=Net Margin %*Asset Turnover
=-30.3 %*0.9797
=-29.69 %

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


IDW Media Holdings Asset Turnover Related Terms

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


IDW Media Holdings (IDW Media Holdings) Business Description

Traded in Other Exchanges
N/A
Address
520 Broad Street, Newark, NJ, USA, 07102
IDW Media Holdings Inc is a diversified media company with operations in publishing, television entertainment, and media distribution. Its segments include IDW Publishing, which creates comic books, graphic novels, digital content, and games; and IDW Entertainment, which operates as a production company & studio that develops and produces content and formats for global platforms and services.
Executives
Amber Huerta officer: Chief Operating Officer C/O IDW MEDIA HOLDINGS, INC., 520 BROAD STREET, NEWARK NJ 07102
James R Woody director C/O IDW MEDIA HOLDINGS, INC., 520 BROAD STREET, NEWARK NJ 07102
David L Breau director C/O STRAIGHT PATH COMMUNICATIONS INC., 5300 HICKORY PARK DRIVE, SUITE 218, GLEN ALLEN VA 23059
Davidi Jonas director, officer: Executive Chairman C/O STRAIGHT PATH COMMUNICATIONS INC., 5300 HICKORY PARK DRIVE, SUITE 218, GLEN ALLEN VA 23059
Jonathan Rand director C/O STRAIGHT PATH COMMUNICATIONS INC., 5300 HICKORY PARK DRIVE, SUITE 218, GLEN ALLEN VA 23059
Allan Grafman director 160 RARITAN CENTER PARKWAY, EDISON NJ 08837
Sanford R Climan director, officer: VICE CHAIRMAN C/O EQUITY MARKETING INC, 6330 SAN VIENTE BLVD, LOS ANGELES CA 90048
Amy J Jonas director C/O IDW MEDIA HOLDINGS, INC., 520 BROAD STREET, NEWARK NJ 07102
Ezra Rosensaft officer: Chief Executive Officer C/O IDW MEDIA HOLDINGS, INC., 520 BROAD STREET, NEWARK NJ 07102
Karina M Fedasz officer: CFO, Treasurer & Corporate Sec C/O IDW MEDIA HOLDINGS, INC., 520 BROAD STREET, NEWARK NJ 07102
Howard S Jonas director, officer: Chairman of the Board
Christopher J Mcgurk director C/O METRO-GOLDWYN-MAYER INC., 10250 CONSTELLATION BLVD., LOS ANGELES CA 90067
Brooke Feinstein officer: Chief Accounting Officer C/O IDW MEDIA HOLDINGS, INC., 520 BROAD STREET, NEWARK NJ 07102
Raging Capital Fund (qp), Lp other: See explanation of responses TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08853
Raging Capital Management, Llc 10 percent owner TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08553-0228