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Presidio Property Trust (Presidio Property Trust) Asset Turnover : 0.03 (As of Mar. 2024)


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What is Presidio Property 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. Presidio Property Trust's Revenue for the three months ended in Mar. 2024 was $4.79 Mil. Presidio Property Trust's Total Assets for the quarter that ended in Mar. 2024 was $169.72 Mil. Therefore, Presidio Property Trust's Asset Turnover for the quarter that ended in Mar. 2024 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Presidio Property Trust's annualized ROE % for the quarter that ended in Mar. 2024 was -43.54%. It is also linked to ROA % through Du Pont Formula. Presidio Property Trust's annualized ROA % for the quarter that ended in Mar. 2024 was -12.35%.


Presidio Property Trust Asset Turnover Historical Data

The historical data trend for Presidio Property 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.

Presidio Property Trust Asset Turnover Chart

Presidio Property 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 0.13 0.12 0.11 0.08 0.08

Presidio Property Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.03 0.03 0.03 0.03

Competitive Comparison of Presidio Property Trust's Asset Turnover

For the REIT - Diversified subindustry, Presidio Property 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.


Presidio Property Trust's Asset Turnover Distribution in the REITs Industry

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

* The bar in red indicates where Presidio Property Trust's Asset Turnover falls into.



Presidio Property Trust Asset Turnover Calculation

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

Presidio Property 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 )
=17.636/( (291.352+175.963)/ 2 )
=17.636/233.6575
=0.08

Presidio Property 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 )
=4.79/( (175.963+163.478)/ 2 )
=4.79/169.7205
=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.


Presidio Property Trust  (NAS:SQFT) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-20.968/48.1635
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-20.968 / 19.16)*(19.16 / 169.7205)*(169.7205/ 48.1635)
=Net Margin %*Asset Turnover*Equity Multiplier
=-109.44 %*0.1129*3.5238
=ROA %*Equity Multiplier
=-12.35 %*3.5238
=-43.54 %

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:

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

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-20.968/169.7205
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-20.968 / 19.16)*(19.16 / 169.7205)
=Net Margin %*Asset Turnover
=-109.44 %*0.1129
=-12.35 %

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.


Presidio Property Trust Asset Turnover Related Terms

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


Presidio Property Trust (Presidio Property Trust) Business Description

Traded in Other Exchanges
Address
4995 Murphy Canyon Road, Suite 300, San Diego, CA, USA, 92123
Presidio Property Trust Inc is a real estate company. The company operates as a self-administered real estate investment trust. Presidio Property Trust's portfolio has diverse product types consisting of office, retail, industrial, self-storage, and residential properties. Its main objective is to maximize long-term stockholder value through the acquisition, management, leasing and selective redevelopment of high-quality office and industrial properties.
Executives
Tracie Jan Hager director 877 ISLAND AVENUE, UNIT 607, SAN DIEGO CA 92101
Steven Hightower director, other: President, NetREIT Advisors 6605 CYPRESSWOOD DRIVE, SUITE 430, SPRING TX 77379
Jack Kendrick Heilbron director, officer: Chief Executive Officer 16433 BRONCO LANE, POWAY CA 92064
Adam Sragovicz officer: Chief Financial Officer 1282 PACIFIC OAKS PLACE, ESCONDIDO CA 92029
James Robert Durfey director 818 BUCCANEER PT., DECATUR IL 62521
Larry Gene Dubose director 14218BENNEY BRIER, HOUSTON TX 77069
Bentzen Edwin H Iv officer: Chief Accounting Officer 2513 BIRCH HOLLOW ST, HENDERSON NV 89044
Jessica C Joelson officer: Chief Accounting Officer 4995 MURPHY CANYON ROAD, SUITE 300, SAN DIEGO CA 92123
Jennifer A Barnes director C/O PRESIDIO PROPERTY TRUST, INC., SAN DIEGO CA 92123
Laureen Ong director 1251 EAST MAIN STREET, STAMFORD CT 06902
Quyen Thi Dao-haddock officer: Chief Accounting Officer C/O: PRESIDIO PROPERTY TRUST, INC., 1282 PACIFIC OAKS PLACE, ESCONDIDO CA 92029
Gary Morris Katz officer: SVP, Asset Management C/O: PRESIDIO PROPERTY TRUST, INC., 1282 PACIFIC OAKS PLACE, ESCONDIDO CA 92029
Grant Harbert officer: Chief Financial Officer 1282 PACIFIC OAKS PLACE, ESCONDIDO CA 92029
Heather L Pittard officer: Principal Accounting Officer 1282 PACIFIC OAKS PLACE, ESCONDIDO CA 92029
Shirley Y Bullard director P.O. BOX 461837, ESCONDIDO CA 92046