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Bricktown Brewery Restaurants LLC (Bricktown Brewery Restaurants LLC) Asset Turnover : 3.45 (As of Dec. 2018)


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What is Bricktown Brewery Restaurants LLC Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Bricktown Brewery Restaurants LLC's Revenue for the six months ended in Dec. 2018 was $28.11 Mil. Bricktown Brewery Restaurants LLC's Total Assets for the quarter that ended in Dec. 2018 was $8.16 Mil. Therefore, Bricktown Brewery Restaurants LLC's Asset Turnover for the quarter that ended in Dec. 2018 was 3.45.

Asset Turnover is linked to ROE % through Du Pont Formula. Bricktown Brewery Restaurants LLC's annualized ROE % for the quarter that ended in Dec. 2018 was 26.93%. It is also linked to ROA % through Du Pont Formula. Bricktown Brewery Restaurants LLC's annualized ROA % for the quarter that ended in Dec. 2018 was -30.99%.


Bricktown Brewery Restaurants LLC Asset Turnover Historical Data

The historical data trend for Bricktown Brewery Restaurants LLC'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.

Bricktown Brewery Restaurants LLC Asset Turnover Chart

Bricktown Brewery Restaurants LLC Annual Data
Trend Dec17 Dec18
Asset Turnover
3.77 3.45

Bricktown Brewery Restaurants LLC Semi-Annual Data
Dec17 Dec18
Asset Turnover 3.77 3.45

Competitive Comparison of Bricktown Brewery Restaurants LLC's Asset Turnover

For the Restaurants subindustry, Bricktown Brewery Restaurants LLC'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.


Bricktown Brewery Restaurants LLC's Asset Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Bricktown Brewery Restaurants LLC's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Bricktown Brewery Restaurants LLC's Asset Turnover falls into.



Bricktown Brewery Restaurants LLC Asset Turnover Calculation

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

Bricktown Brewery Restaurants LLC'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 )
=28.105/( (7.985+8.329)/ 2 )
=28.105/8.157
=3.45

Bricktown Brewery Restaurants LLC's Asset Turnover for the quarter that ended in Dec. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2018 )/( (Total Assets (Q: Dec. 2017 )+Total Assets (Q: Dec. 2018 ))/ count )
=28.105/( (7.985+8.329)/ 2 )
=28.105/8.157
=3.45

* 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.


Bricktown Brewery Restaurants LLC  (NAS:BEER) Asset Turnover Explanation

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

Bricktown Brewery Restaurants LLC's annulized ROE % for the quarter that ended in Dec. 2018 is

ROE %**(Q: Dec. 2018 )
=Net Income/Total Stockholders Equity
=-2.528/-9.388
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.528 / 56.21)*(56.21 / 8.157)*(8.157/ -9.388)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.5 %*6.891*-0.8689
=ROA %*Equity Multiplier
=-30.99 %*-0.8689
=26.93 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2018) net income data. The Revenue data used here is two times the semi-annual (Dec. 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:

Bricktown Brewery Restaurants LLC's annulized ROA % for the quarter that ended in Dec. 2018 is

ROA %(Q: Dec. 2018 )
=Net Income/Total Assets
=-2.528/8.157
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.528 / 56.21)*(56.21 / 8.157)
=Net Margin %*Asset Turnover
=-4.5 %*6.891
=-30.99 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2018) net income data. The Revenue data used here is two times the semi-annual (Dec. 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.


Bricktown Brewery Restaurants LLC Asset Turnover Related Terms

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Bricktown Brewery Restaurants LLC (Bricktown Brewery Restaurants LLC) Business Description

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