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Alaska Communications Systems Group (Alaska Communications Systems Group) Asset Turnover : 0.11 (As of Mar. 2021)


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What is Alaska Communications Systems Group Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Alaska Communications Systems Group's Revenue for the three months ended in Mar. 2021 was $60.7 Mil. Alaska Communications Systems Group's Total Assets for the quarter that ended in Mar. 2021 was $568.5 Mil. Therefore, Alaska Communications Systems Group's Asset Turnover for the quarter that ended in Mar. 2021 was 0.11.

Asset Turnover is linked to ROE % through Du Pont Formula. Alaska Communications Systems Group's annualized ROE % for the quarter that ended in Mar. 2021 was 1.46%. It is also linked to ROA % through Du Pont Formula. Alaska Communications Systems Group's annualized ROA % for the quarter that ended in Mar. 2021 was 0.43%.


Alaska Communications Systems Group Asset Turnover Historical Data

The historical data trend for Alaska Communications Systems Group'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.

Alaska Communications Systems Group Asset Turnover Chart

Alaska Communications Systems Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.51 0.52 0.46 0.43

Alaska Communications Systems Group Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 0.11 0.11 0.11 0.11 0.11

Competitive Comparison of Alaska Communications Systems Group's Asset Turnover

For the Telecom Services subindustry, Alaska Communications Systems Group'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.


Alaska Communications Systems Group's Asset Turnover Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Alaska Communications Systems Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Alaska Communications Systems Group's Asset Turnover falls into.



Alaska Communications Systems Group Asset Turnover Calculation

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

Alaska Communications Systems Group's Asset Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=240.569/( (557.245+569.432)/ 2 )
=240.569/563.3385
=0.43

Alaska Communications Systems Group's Asset Turnover for the quarter that ended in Mar. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2021 )/( (Total Assets (Q: Dec. 2020 )+Total Assets (Q: Mar. 2021 ))/ count )
=60.668/( (569.432+567.485)/ 2 )
=60.668/568.4585
=0.11

* 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.


Alaska Communications Systems Group  (NAS:ALSK) Asset Turnover Explanation

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

Alaska Communications Systems Group's annulized ROE % for the quarter that ended in Mar. 2021 is

ROE %**(Q: Mar. 2021 )
=Net Income/Total Stockholders Equity
=2.424/165.5035
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.424 / 242.672)*(242.672 / 568.4585)*(568.4585/ 165.5035)
=Net Margin %*Asset Turnover*Equity Multiplier
=1 %*0.4269*3.4347
=ROA %*Equity Multiplier
=0.43 %*3.4347
=1.46 %

Note: The Net Income data used here is four times the quarterly (Mar. 2021) net income data. The Revenue data used here is four times the quarterly (Mar. 2021) 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:

Alaska Communications Systems Group's annulized ROA % for the quarter that ended in Mar. 2021 is

ROA %(Q: Mar. 2021 )
=Net Income/Total Assets
=2.424/568.4585
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2.424 / 242.672)*(242.672 / 568.4585)
=Net Margin %*Asset Turnover
=1 %*0.4269
=0.43 %

Note: The Net Income data used here is four times the quarterly (Mar. 2021) net income data. The Revenue data used here is four times the quarterly (Mar. 2021) 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.


Alaska Communications Systems Group Asset Turnover Related Terms

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Alaska Communications Systems Group (Alaska Communications Systems Group) Business Description

Traded in Other Exchanges
N/A
Address
600 Telephone Avenue, Anchorage, AK, USA, 99503-6091
Alaska Communications Systems Group Inc is a US-based fiber broadband and managed information technology services provider. The company is focused primarily on business and wholesale customers in and out of Alaska. It provides local, long-distance, and wireless telephone services, Internet access, and data services to residential and business customers.
Executives
Peter D Ley director C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVENUE, MS#65 ANCHORAGE AK 99503
Leonard Steinberg officer: SVP, Legal/Reg/Gov & Corp Sec.
Debra Morse officer: Vice President, HR C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVENUE ANCHORAGE AK 99503
Jim Gutcher officer: VP, Strategy and Product Mgt. C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVENUE ANCHORAGE AK 99503
Beth Barnes officer: VP, Mass Markets and Marketing C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVENUE ANCHORAGE AK 99503
Tiffany Hoogerhyde officer: VP, Finance & Controller C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVENUE ANCHORAGE AK 99503
Sean Lindamood officer: VP, Business Sales C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVE. ANCHORAGE AK 99503
Richard Benken officer: VP Network Strategy C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVE ANCHORAGE AK 99503
Aurora David officer: VP, Information Technology C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVE. ANCHORAGE AK 99503
Diedre Williams officer: SVP, Operations C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVE. ANCHORAGE AK 99503
Laurie Butcher officer: Chief Financial Officer 600 TELEPHONE AVENUE ANCHORAGE AK 99503
William H Bishop officer: President and CEO 600 TELEPHONE AVE. MS #65 ANCHORAGE AK 99503
Brian A Ross director 600 TELEPHONE AVE, MS#65, ANCHORAGE AK 99503
Peter D Aquino director MOTIENT CORP, 300 KNIGHTBRIDGE PARKWAY, LINCOLNSHIRE IL 60069
Benjamin Duster director 200 E. 84ST, 8TH FLOOR, NEW YORK NY 10028

Alaska Communications Systems Group (Alaska Communications Systems Group) Headlines