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AMC Entertainment Holdings (AMC Entertainment Holdings) Asset Turnover : 0.12 (As of Dec. 2023)


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What is AMC Entertainment 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. AMC Entertainment Holdings's Revenue for the three months ended in Dec. 2023 was $1,104 Mil. AMC Entertainment Holdings's Total Assets for the quarter that ended in Dec. 2023 was $8,901 Mil. Therefore, AMC Entertainment Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.12.

Asset Turnover is linked to ROE % through Du Pont Formula. AMC Entertainment Holdings's annualized ROE % for the quarter that ended in Dec. 2023 was 36.53%. It is also linked to ROA % through Du Pont Formula. AMC Entertainment Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -8.18%.


AMC Entertainment Holdings Asset Turnover Historical Data

The historical data trend for AMC Entertainment 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.

AMC Entertainment Holdings Asset Turnover Chart

AMC Entertainment Holdings 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 0.47 0.10 0.24 0.39 0.53

AMC Entertainment Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.11 0.11 0.15 0.16 0.12

Competitive Comparison of AMC Entertainment Holdings's Asset Turnover

For the Entertainment subindustry, AMC Entertainment 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.


AMC Entertainment Holdings's Asset Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, AMC Entertainment Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where AMC Entertainment Holdings's Asset Turnover falls into.



AMC Entertainment Holdings Asset Turnover Calculation

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

AMC Entertainment Holdings'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 )
=4812.6/( (9135.6+9009.2)/ 2 )
=4812.6/9072.4
=0.53

AMC Entertainment Holdings'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: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=1104.4/( (8793.1+9009.2)/ 2 )
=1104.4/8901.15
=0.12

* 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.


AMC Entertainment Holdings  (NYSE:AMC) Asset Turnover Explanation

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

AMC Entertainment Holdings's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-728/-1992.95
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-728 / 4417.6)*(4417.6 / 8901.15)*(8901.15/ -1992.95)
=Net Margin %*Asset Turnover*Equity Multiplier
=-16.48 %*0.4963*-4.4663
=ROA %*Equity Multiplier
=-8.18 %*-4.4663
=36.53 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (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:

AMC Entertainment Holdings's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-728/8901.15
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-728 / 4417.6)*(4417.6 / 8901.15)
=Net Margin %*Asset Turnover
=-16.48 %*0.4963
=-8.18 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (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.


AMC Entertainment Holdings Asset Turnover Related Terms

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


AMC Entertainment Holdings (AMC Entertainment Holdings) Business Description

Address
11500 Ash Street, One AMC Way, Leawood, KS, USA, 66211
AMC Entertainment Holdings Inc is involved in the theatrical exhibition business. It owns, operates or has interests in theatres located in the United States and Europe. It provides amenities such as plush, power recliners, MacGuffins full bars, AMC Dine-In Theatres, premium presentation. The group operates in U.S. markets and International markets. It derives key revenue from the U.S.
Executives
Ellen Copaken officer: SVP MARKETING 11500 ASH STREET, LEAWOOD KS 66211
Kerith Sheehan Putnam director 11500 ASH ST, LEAWOOD KS 66211
Antara Capital Gp Llc 10 percent owner 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Antara Capital Fund Gp Llc 10 percent owner 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Antara Capital Master Fund Lp 10 percent owner 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Antara Capital Lp 10 percent owner 55 HUDSON YARDS, 47TH FLOOR, NEW YORK NY 10001
Himanshu Gulati 10 percent owner 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Sean D. Goodman officer: EVP & CFO 11500 ASH STREET, LEAWOOD KS 66211
Denise M. Clark director C/O AMC ENTERTAINMENT HOLDINGS INC, 11500 ASH STREET, LEAWOOD KS 66211
Chris A Cox officer: SVP, CHIEF ACCOUNTING OFFICER AMC ENTERTAINMENT HOLDINGS INC, ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211
John D Mcdonald officer: EVP, US OPERATION C/O AMC ENTERTAINMENT HOLDINGS INC, ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211
Elizabeth F Frank officer: EVP, WWP AND CCO ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211
Lee Wittlinger director C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Daniel E Ellis officer: SVP,DEVEL AND INTERNATIONAL
Stephen A Colanero officer: EVP, CHIEF MARKETING OFFICER AMC ENTERTAINMENT HOLDINGS INC, ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211

AMC Entertainment Holdings (AMC Entertainment Holdings) Headlines

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