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Learning Tree International (Learning Tree International) Asset Turnover : 0.73 (As of Sep. 2018)


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What is Learning Tree International Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Learning Tree International's Revenue for the three months ended in Sep. 2018 was $17.32 Mil. Learning Tree International's Total Assets for the quarter that ended in Sep. 2018 was $23.78 Mil. Therefore, Learning Tree International's Asset Turnover for the quarter that ended in Sep. 2018 was 0.73.

Asset Turnover is linked to ROE % through Du Pont Formula. Learning Tree International's annualized ROE % for the quarter that ended in Sep. 2018 was -8.55%. It is also linked to ROA % through Du Pont Formula. Learning Tree International's annualized ROA % for the quarter that ended in Sep. 2018 was 5.05%.


Learning Tree International Asset Turnover Historical Data

The historical data trend for Learning Tree International'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.

Learning Tree International Asset Turnover Chart

Learning Tree International Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.58 1.72 2.16 2.44 2.63

Learning Tree International Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.77 0.67 0.57 0.68 0.73

Competitive Comparison of Learning Tree International's Asset Turnover

For the Education & Training Services subindustry, Learning Tree International'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.


Learning Tree International's Asset Turnover Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Learning Tree International's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Learning Tree International's Asset Turnover falls into.



Learning Tree International Asset Turnover Calculation

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

Learning Tree International's Asset Turnover for the fiscal year that ended in Sep. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2018 )/( (Total Assets (A: Sep. 2017 )+Total Assets (A: Sep. 2018 ))/ count )
=64.318/( (26.263+22.648)/ 2 )
=64.318/24.4555
=2.63

Learning Tree International's Asset Turnover for the quarter that ended in Sep. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2018 )/( (Total Assets (Q: Jun. 2018 )+Total Assets (Q: Sep. 2018 ))/ count )
=17.324/( (24.92+22.648)/ 2 )
=17.324/23.784
=0.73

* 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.


Learning Tree International  (OTCPK:LTRE) Asset Turnover Explanation

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

Learning Tree International's annulized ROE % for the quarter that ended in Sep. 2018 is

ROE %**(Q: Sep. 2018 )
=Net Income/Total Stockholders Equity
=1.2/-14.0345
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.2 / 69.296)*(69.296 / 23.784)*(23.784/ -14.0345)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.73 %*2.9136*-1.6947
=ROA %*Equity Multiplier
=5.05 %*-1.6947
=-8.55 %

Note: The Net Income data used here is four times the quarterly (Sep. 2018) net income data. The Revenue data used here is four times the quarterly (Sep. 2018) 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:

Learning Tree International's annulized ROA % for the quarter that ended in Sep. 2018 is

ROA %(Q: Sep. 2018 )
=Net Income/Total Assets
=1.2/23.784
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.2 / 69.296)*(69.296 / 23.784)
=Net Margin %*Asset Turnover
=1.73 %*2.9136
=5.05 %

Note: The Net Income data used here is four times the quarterly (Sep. 2018) net income data. The Revenue data used here is four times the quarterly (Sep. 2018) 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.


Learning Tree International Asset Turnover Related Terms

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Learning Tree International (Learning Tree International) Business Description

Traded in Other Exchanges
N/A
Address
13650 Dulles Technology Drive, Suite 400, Herndon, VA, USA, 20171
Learning Tree International Inc provides education and training in information technology. Its proprietary library of course titles focuses on client-server systems, computer networks, operating systems, databases, programming, graphical user interfaces, object-oriented technology, and IT management. Its courses are offered in hotels, conference facilities, and customer sites.
Executives
Alimco Financial Corp other: See Remarks 2336 S.E. OCEAN BOULEVARD SUITE 400, STUART FL 34996
Gracia C Martore director C/O OMNICOM GROUP INC., 437 MADISON AVENUE, NEW YORK NY 10022
Neil S Subin 10 percent owner 2336 S.E. OCEAN BOULEVARD, #400, STUART FL 34996
Osmium Capital Lp 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Partners, Llc 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Spartan L P 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
John Hartnett Lewis 10 percent owner 388 MARKET STREET, SUITE 920, SAN FRANCISCO CA 94111
Osmium Capital Ii, Lp 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Sarah Fisher Gardial director PO BOX 73909, CEDAR RAPIDS IA 52407-3909
Miller Lloyd I Iii 10 percent owner
Curtis A Hessler director 1805 LIBRARY STREET, SUITE 300, RESTON VA 20190
Bain Howard A Iii director 10200 S DEANZA BLVD, CUPERTINO CA 95014
George T Robson director 1805 LIBRARY STREET, RESTON VA 20190
Godbold Wilford D Jr director 5818 EL CAMINO REAL, CARLSBAD CA 92008

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