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Monotype Imaging Holdings (Monotype Imaging Holdings) Asset Turnover : 0.13 (As of Jun. 2019)


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What is Monotype Imaging 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. Monotype Imaging Holdings's Revenue for the three months ended in Jun. 2019 was $63.2 Mil. Monotype Imaging Holdings's Total Assets for the quarter that ended in Jun. 2019 was $500.0 Mil. Therefore, Monotype Imaging Holdings's Asset Turnover for the quarter that ended in Jun. 2019 was 0.13.

Asset Turnover is linked to ROE % through Du Pont Formula. Monotype Imaging Holdings's annualized ROE % for the quarter that ended in Jun. 2019 was 12.58%. It is also linked to ROA % through Du Pont Formula. Monotype Imaging Holdings's annualized ROA % for the quarter that ended in Jun. 2019 was 8.24%.


Monotype Imaging Holdings Asset Turnover Historical Data

The historical data trend for Monotype Imaging 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.

Monotype Imaging Holdings Asset Turnover Chart

Monotype Imaging Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.50 0.44 0.45 0.48

Monotype Imaging Holdings Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 0.12 0.12 0.14 0.10 0.13

Competitive Comparison of Monotype Imaging Holdings's Asset Turnover

For the Software - Application subindustry, Monotype Imaging 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.


Monotype Imaging Holdings's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Monotype Imaging Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Monotype Imaging Holdings's Asset Turnover falls into.



Monotype Imaging Holdings Asset Turnover Calculation

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

Monotype Imaging Holdings's Asset Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2018 )/( (Total Assets (A: Dec. 2017 )+Total Assets (A: Dec. 2018 ))/ count )
=246.737/( (526.05+507.656)/ 2 )
=246.737/516.853
=0.48

Monotype Imaging Holdings's Asset Turnover for the quarter that ended in Jun. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2019 )/( (Total Assets (Q: Mar. 2019 )+Total Assets (Q: Jun. 2019 ))/ count )
=63.236/( (496.151+503.942)/ 2 )
=63.236/500.0465
=0.13

* 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.


Monotype Imaging Holdings  (NAS:TYPE) Asset Turnover Explanation

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

Monotype Imaging Holdings's annulized ROE % for the quarter that ended in Jun. 2019 is

ROE %**(Q: Jun. 2019 )
=Net Income/Total Stockholders Equity
=41.228/327.7745
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(41.228 / 252.944)*(252.944 / 500.0465)*(500.0465/ 327.7745)
=Net Margin %*Asset Turnover*Equity Multiplier
=16.3 %*0.5058*1.5256
=ROA %*Equity Multiplier
=8.24 %*1.5256
=12.58 %

Note: The Net Income data used here is four times the quarterly (Jun. 2019) net income data. The Revenue data used here is four times the quarterly (Jun. 2019) 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:

Monotype Imaging Holdings's annulized ROA % for the quarter that ended in Jun. 2019 is

ROA %(Q: Jun. 2019 )
=Net Income/Total Assets
=41.228/500.0465
=(Net Income / Revenue)*(Revenue / Total Assets)
=(41.228 / 252.944)*(252.944 / 500.0465)
=Net Margin %*Asset Turnover
=16.3 %*0.5058
=8.24 %

Note: The Net Income data used here is four times the quarterly (Jun. 2019) net income data. The Revenue data used here is four times the quarterly (Jun. 2019) 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.


Monotype Imaging Holdings Asset Turnover Related Terms

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Monotype Imaging Holdings (Monotype Imaging Holdings) Business Description

Traded in Other Exchanges
N/A
Address
600 Unicorn Park Drive, Woburn, MA, USA, 01801
Monotype Imaging Holdings Inc. is a provider of typeface, technology and expertise for creative applications and consumer devices. Its business is organized in two units with one serving creative professionals, and the other serving original equipment manufacturers. The former helps customers provide branded or personalized content across multiple devices and mediums. The latter provides manufacturers and software vendors solutions to deliver consistent user experiences. The company derives revenue from licenses and per-unit royalties. A majority of the firm's revenue is generated in the United States, and the rest in the United Kingdom, Germany, Japan, and the rest of Asia.
Executives
Denise Warren director 209 REDWOOD SHORES PKWY, REDWOOD CITY CA 94065
Heinen Roger J Jr director 14 OAK PARK, BEDFORD MA 01730
Eileen Campbell director 110 E 59TH STREET, SUITE 2100, NEW YORK NY 10022
Peter J Simone director 17075 THORNMINT COURT, SANDIGO CA 92127
Brett Scott Zucker officer: EVP, Chief Marketing Officer 11 CHARLOTTES WAY, DANBURY CT 06811
Scott E Landers director, officer: President and CEO C/O MONOTYPE IMAGING INC., 500 UNICORN PARK DRIVE, WOBURN MA 01801
Pamela F Lenehan director C/O AVID TECHNOLOGY, INC., ONE PARK WEST, TEWKSBURY MA 01876
Joseph D Hill officer: CFO C/O METABOLIX, INC., 21 ERIE STREET, CAMBRIDGE MA 02139
Ta Associates, L.p. director, other: See General Remarks 200 CLARENDON STREET, 56TH FLOOR, BOSTON MA 02116
Ta Associates Sdf Llc other: See General Remarks 125 HIGH STREET, SUITE 2500, BOSTON MA 02110
Ta Subordinated Debt Fund Lp other: See General Remarks
Ta Investors Ii L.p. other: See General Remarks 125 HIGH STREET, SUITE 2500, BOSTON MA 02110
Ta Associates Ap Iv Lp other: See General Remarks 125 HIGH STREET, SUITE 2500, BOSTON MA 02110
Ta Associates Ix Llc other: See General Remarks 125 HIGH STREET, SUITE 2500, BOSTON MA 02110
Ta / Atlantic & Pacific Iv Lp other: See General Remarks 125 HIGH STREET, SUITE 2500, BOSTON MA 02110

Monotype Imaging Holdings (Monotype Imaging Holdings) Headlines

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