AHGP has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
AHGP has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Alliance Holdings GP LP's Revenue for the three months ended in Mar. 2018 was $457 Mil. Alliance Holdings GP LP's Total Assets for the quarter that ended in Mar. 2018 was $2,233 Mil. Therefore, Alliance Holdings GP LP's Asset Turnover for the quarter that ended in Mar. 2018 was 0.21.
Asset Turnover is linked to ROE % through Du Pont Formula. Alliance Holdings GP LP's annualized ROE % for the quarter that ended in Mar. 2018 was 66.75%. It is also linked to ROA % through Du Pont Formula. Alliance Holdings GP LP's annualized ROA % for the quarter that ended in Mar. 2018 was 18.58%.
The historical data trend for Alliance Holdings GP LP'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.
Alliance Holdings GP LP Annual Data | |||||||||||||||||||||
Trend | Dec08 | Dec09 | Dec10 | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | |||||||||||
Asset Turnover | Get a 7-Day Free Trial | 1.08 | 1.04 | 0.98 | 0.85 | 0.81 |
Alliance Holdings GP LP Quarterly Data | ||||||||||||||||||||
Jun13 | Sep13 | Dec13 | Mar14 | Jun14 | Sep14 | Dec14 | Mar15 | Jun15 | Sep15 | Dec15 | Mar16 | Jun16 | Sep16 | Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | |
Asset Turnover | Get a 7-Day Free Trial | 0.21 | 0.18 | 0.21 | 0.22 | 0.21 |
For the Coking Coal subindustry, Alliance Holdings GP LP'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.
For the Steel industry and Basic Materials sector, Alliance Holdings GP LP's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Alliance Holdings GP LP's Asset Turnover falls into.
Asset Turnover measures how quickly a company turns over its asset through sales.
Alliance Holdings GP LP's Asset Turnover for the fiscal year that ended in Dec. 2017 is calculated as
Asset Turnover | ||||||
= | Revenue | / | Average Total Assets | |||
= | Revenue (A: Dec. 2017 ) | / | ( (Total Assets (A: Dec. 2016 ) | + | Total Assets (A: Dec. 2017 )) | / count ) |
= | 1795.841 | / | ( (2197.687 | + | 2221.251) | / 2 ) |
= | 1795.841 | / | 2209.469 | |||
= | 0.81 |
Alliance Holdings GP LP's Asset Turnover for the quarter that ended in Mar. 2018 is calculated as
Asset Turnover | ||||||
= | Revenue | / | Average Total Assets | |||
= | Revenue (Q: Mar. 2018 ) | / | ( (Total Assets (Q: Dec. 2017 ) | + | Total Assets (Q: Mar. 2018 )) | / count ) |
= | 457.036 | / | ( (2221.251 | + | 2244.768) | / 2 ) |
= | 457.036 | / | 2233.0095 | |||
= | 0.20 |
* 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.
Alliance Holdings GP LP (NAS:AHGP) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Alliance Holdings GP LP's annulized ROE % for the quarter that ended in Mar. 2018 is
ROE %** | (Q: Mar. 2018 ) | ||||
= | Net Income | / | Total Stockholders Equity | ||
= | 414.88 | / | 621.5255 | ||
= | (Net Income / Revenue) | * | (Revenue / Total Assets) | * | (Total Assets / Total Stockholders Equity) |
= | (414.88 / 1828.144) | * | (1828.144 / 2233.0095) | * | (2233.0095/ 621.5255) |
= | Net Margin % | * | Asset Turnover | * | Equity Multiplier |
= | 22.69 % | * | 0.8187 | * | 3.5928 |
= | ROA % | * | Equity Multiplier | ||
= | 18.58 % | * | 3.5928 | ||
= | 66.75 % |
Note: The Net Income data used here is four times the quarterly (Mar. 2018) net income data. The Revenue data used here is four times the quarterly (Mar. 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:
Alliance Holdings GP LP's annulized ROA % for the quarter that ended in Mar. 2018 is
ROA % | (Q: Mar. 2018 ) | ||
= | Net Income | / | Total Assets |
= | 414.88 | / | 2233.0095 |
= | (Net Income / Revenue) | * | (Revenue / Total Assets) |
= | (414.88 / 1828.144) | * | (1828.144 / 2233.0095) |
= | Net Margin % | * | Asset Turnover |
= | 22.69 % | * | 0.8187 |
= | 18.58 % |
Note: The Net Income data used here is four times the quarterly (Mar. 2018) net income data. The Revenue data used here is four times the quarterly (Mar. 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.
Thank you for viewing the detailed overview of Alliance Holdings GP LP's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Robert J Druten | director | 6503 SENECA ROAD, MISSION HILLS KS 66208 |
Craft Joseph W Iii | director, 10 percent owner, officer: President and Chief Executive | PO BOX 22027, TULSA OK 74121-2027 |
Cary P Marshall | officer: Vice President and Treasurer | PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121 |
Wilson M Torrence | director | 1717 SOUTH BOULDER, SUITE 400, TULSA OK 74119 |
Michael J Hall | director | 7438 EAST 68TH PLACE, TULSA OK 74133 |
Kathleen S. Craft | 10 percent owner | 2502 E. 45TH ST., TULSA OK 74105 |
Charles R Wesley | other: Member of 13d group (over 10%) | PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121 |
Thomas M Wynne | other: Member of 13d group (over 10%) | PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121 |
R Eberley Davis | officer: SVP-Law&Admin,General Counsel | 1717 SOUTH BOULDER, SUITE 400, TULSA OK 74119 |
Brian L Cantrell | officer: Senior VP and CFO | P O BOX 22027, TULSA OK 74121 |
Dave A Gilbert | other: Member of 13d group (over 10%) | PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121 |
Dale G Wilkerson | other: Member of 13d group (over 10%) | PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121 |
A Wellford Tabor | other: Member of 13d group (over 10%) | 2820 SELWYN AVE. SUITE 550 CHARLOTTE NC 28209 |
Thomas L Pearson | officer: Senior VP-Law & Adminstration | PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121 |
Gary J Rathburn | other: Member of 13d group (over 10%) | PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121 |
From GuruFocus
By Dividend Dividend • 11-04-2012
By Tiziano Frateschi Tiziano Frateschi • 08-05-2015
By Sheila Dang Sheila Dang • 04-13-2016
By Dividends4Life Dividends4Life • 05-04-2010
By PRNewswire PRNewswire • 05-18-2018
By PRNewswire PRNewswire • 05-18-2018
By gurufocus 10qk • 11-06-2009
By gurufocus • 05-09-2009
By gurufocus 10qk • 08-09-2010
By gurufocus 10qk • 11-08-2010
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.