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Capstead Mortgage (Capstead Mortgage) Asset Turnover : 0.00 (As of Jun. 2021)


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What is Capstead Mortgage Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Capstead Mortgage's Revenue for the three months ended in Jun. 2021 was $18.16 Mil. Capstead Mortgage's Total Assets for the quarter that ended in Jun. 2021 was $7,859.77 Mil. Therefore, Capstead Mortgage's Asset Turnover for the quarter that ended in Jun. 2021 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Capstead Mortgage's annualized ROE % for the quarter that ended in Jun. 2021 was 6.99%. It is also linked to ROA % through Du Pont Formula. Capstead Mortgage's annualized ROA % for the quarter that ended in Jun. 2021 was 0.79%.


Capstead Mortgage Asset Turnover Historical Data

The historical data trend for Capstead Mortgage'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.

Capstead Mortgage Asset Turnover Chart

Capstead Mortgage 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 0.01 0.01 0.01 - -0.01

Capstead Mortgage Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 - - - - -

Competitive Comparison of Capstead Mortgage's Asset Turnover

For the REIT - Mortgage subindustry, Capstead Mortgage'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.


Capstead Mortgage's Asset Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Capstead Mortgage's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Capstead Mortgage's Asset Turnover falls into.



Capstead Mortgage Asset Turnover Calculation

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

Capstead Mortgage'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 )
=-116.143/( (11520.001+8405.25)/ 2 )
=-116.143/9962.6255
=-0.01

Capstead Mortgage's Asset Turnover for the quarter that ended in Jun. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2021 )/( (Total Assets (Q: Mar. 2021 )+Total Assets (Q: Jun. 2021 ))/ count )
=18.162/( (7869.886+7849.661)/ 2 )
=18.162/7859.7735
=0.00

* 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.


Capstead Mortgage  (NYSE:CMO) Asset Turnover Explanation

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

Capstead Mortgage's annulized ROE % for the quarter that ended in Jun. 2021 is

ROE %**(Q: Jun. 2021 )
=Net Income/Total Stockholders Equity
=62.116/888.353
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(62.116 / 72.648)*(72.648 / 7859.7735)*(7859.7735/ 888.353)
=Net Margin %*Asset Turnover*Equity Multiplier
=85.5 %*0.0092*8.8476
=ROA %*Equity Multiplier
=0.79 %*8.8476
=6.99 %

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

Capstead Mortgage's annulized ROA % for the quarter that ended in Jun. 2021 is

ROA %(Q: Jun. 2021 )
=Net Income/Total Assets
=62.116/7859.7735
=(Net Income / Revenue)*(Revenue / Total Assets)
=(62.116 / 72.648)*(72.648 / 7859.7735)
=Net Margin %*Asset Turnover
=85.5 %*0.0092
=0.79 %

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


Capstead Mortgage Asset Turnover Related Terms

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


Capstead Mortgage (Capstead Mortgage) Business Description

Traded in Other Exchanges
N/A
Address
8401 North Central Expressway, Suite 800, Dallas, TX, USA, 75225-4404
Capstead Mortgage Corp is a self-managed real estate investment trust for federal income tax purposes. The company earns income from investing in a leveraged portfolio of residential adjustable-rate mortgage pass-through securities, issued and guaranteed by government-sponsored enterprises, or by an agency of the federal government.
Executives
Patsy Joseph Augustine director 8401 N CENTRAL EXPRESSWAY, SUITE 800, DALLAS TX 75225
Michelle P Goolsby director 1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Mark S Whiting director C/O TRINET CORPORATE REALTY TRUST INC, FOUR EMBARCADERO CENTER #3150, SAN FRANCISCO CA 94111
Christopher W Mahowald director OMEGA HEALTHCARE INVESTORS INC, 900 VICTORS WAY STE. 350, ANN ARBOR MI 48108
Michael G Oneil director 8401 N CENTRAL EXPRESSWAY, STE 800, DALLAS TX 75225
Gary Keiser director 8401 N CENTRAL EXPRESSWAY, STE 800, DALLAS TX 75225
Jack Biegler director 8401 NORTH CENTRAL EXPRESSWAY, SUITE 800, DALLAS TX 75225
John L Bernard director 2815 BRODERICK STREET, SAN FRANCISCO CA 94123
Phillip A Reinsch director, officer: President & CEO 8401 N CENTRAL EXPRESSWAY, STE 800, DALLAS TX 75225
Lance Phillips officer: Chief Financial Officer 1807 ROSS AVE., 4TH FLOOR, DALLAS TX 75201
Roy Kim officer: Senior Vice President 5929 GLENDORA AVE, DALLAS TX 75230
Spears Robert R Jr officer: EVP & CIO 8401 N CENTRAL EXPRESSWAY STE 800, DALLAS TX 75225
Andrew F Jacobs officer: CEO & President 8401 N CENTRAL EXPRESSWAY STE 800, DALLAS TX 75225
Mike Brown officer: Senior VP 8401 N CENTRAL EXPRESSWAY, STE 800, DALLAS TX 75225
Paul M Low other: Retired Director

Capstead Mortgage (Capstead Mortgage) Headlines

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