GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Gecina Nom (LTS:0OPE) » Definitions » Asset Turnover

Gecina Nom (LTS:0OPE) Asset Turnover : 0.02 (As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Gecina Nom Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Gecina Nom's Revenue for the six months ended in Dec. 2023 was €388.9 Mil. Gecina Nom's Total Assets for the quarter that ended in Dec. 2023 was €18,657.0 Mil. Therefore, Gecina Nom's Asset Turnover for the quarter that ended in Dec. 2023 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Gecina Nom's annualized ROE % for the quarter that ended in Dec. 2023 was -21.13%. It is also linked to ROA % through Du Pont Formula. Gecina Nom's annualized ROA % for the quarter that ended in Dec. 2023 was -12.65%.


Gecina Nom Asset Turnover Historical Data

The historical data trend for Gecina Nom'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.

Gecina Nom Asset Turnover Chart

Gecina Nom 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 0.05 0.04 0.04 0.04 0.04

Gecina Nom Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.02 0.02 0.02

Competitive Comparison of Gecina Nom's Asset Turnover

For the REIT - Office subindustry, Gecina Nom'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.


Gecina Nom's Asset Turnover Distribution in the REITs Industry

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

* The bar in red indicates where Gecina Nom's Asset Turnover falls into.



Gecina Nom Asset Turnover Calculation

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

Gecina Nom'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 )
=835.687/( (20677.859+17648.75)/ 2 )
=835.687/19163.3045
=0.04

Gecina Nom'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: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=388.947/( (19665.336+17648.75)/ 2 )
=388.947/18657.043
=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.


Gecina Nom  (LTS:0OPE) Asset Turnover Explanation

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

Gecina Nom's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-2359.604/11169.5985
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2359.604 / 777.894)*(777.894 / 18657.043)*(18657.043/ 11169.5985)
=Net Margin %*Asset Turnover*Equity Multiplier
=-303.33 %*0.0417*1.6703
=ROA %*Equity Multiplier
=-12.65 %*1.6703
=-21.13 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (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:

Gecina Nom's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-2359.604/18657.043
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2359.604 / 777.894)*(777.894 / 18657.043)
=Net Margin %*Asset Turnover
=-303.33 %*0.0417
=-12.65 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (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.


Gecina Nom Asset Turnover Related Terms

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


Gecina Nom (LTS:0OPE) Business Description

Traded in Other Exchanges
Address
14-16, Rue des Capucines, Cedex 02, Paris, FRA, 75084
Gecina Nom is a French real estate investment trust with assets primarily located in Paris, France, and the surrounding region. The majority of Gecina's real estate property portfolio is comprised of office buildings with residential properties also making up a substantial percentage. Most of Gecina's properties are located in the City of Paris, while others are also located in the Paris region and other French cities, such as Lyon. Gecina primarily generates revenue from rental income and the sale of its real estate properties. Most of this rental revenue is derived from its office buildings. Gecina's customers and occupants include businesses, students, and individuals. The company also manages the construction, redevelopment, and environmental operations of its assets.

Gecina Nom (LTS:0OPE) Headlines

No Headlines