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Engility Holdings (Engility Holdings) Asset Turnover : 0.24 (As of Sep. 2018)


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What is Engility 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. Engility Holdings's Revenue for the three months ended in Sep. 2018 was $471 Mil. Engility Holdings's Total Assets for the quarter that ended in Sep. 2018 was $1,984 Mil. Therefore, Engility Holdings's Asset Turnover for the quarter that ended in Sep. 2018 was 0.24.

Asset Turnover is linked to ROE % through Du Pont Formula. Engility Holdings's annualized ROE % for the quarter that ended in Sep. 2018 was 2.47%. It is also linked to ROA % through Du Pont Formula. Engility Holdings's annualized ROA % for the quarter that ended in Sep. 2018 was 0.86%.


Engility Holdings Asset Turnover Historical Data

The historical data trend for Engility 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.

Engility Holdings Asset Turnover Chart

Engility Holdings Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Asset Turnover
Get a 7-Day Free Trial 1.44 1.33 1.24 0.93 0.92

Engility Holdings Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.23 0.22 0.24 0.24 0.24

Competitive Comparison of Engility Holdings's Asset Turnover

For the Staffing & Employment Services subindustry, Engility 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.


Engility Holdings's Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Engility Holdings's Asset Turnover distribution charts can be found below:

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



Engility Holdings Asset Turnover Calculation

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

Engility Holdings'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 )
=1931.887/( (2198.559+2026.008)/ 2 )
=1931.887/2112.2835
=0.91

Engility Holdings's Asset Turnover for the quarter that ended in Sep. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2018 )/( (Total Assets (Q: Jun. 2018 )+Total Assets (Q: Sep. 2018 ))/ count )
=471.207/( (2003.884+1964.813)/ 2 )
=471.207/1984.3485
=0.24

* 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.


Engility Holdings  (NYSE:EGL) Asset Turnover Explanation

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

Engility Holdings's annulized ROE % for the quarter that ended in Sep. 2018 is

ROE %**(Q: Sep. 2018 )
=Net Income/Total Stockholders Equity
=17.128/694.669
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(17.128 / 1884.828)*(1884.828 / 1984.3485)*(1984.3485/ 694.669)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.91 %*0.9498*2.8565
=ROA %*Equity Multiplier
=0.86 %*2.8565
=2.47 %

Note: The Net Income data used here is four times the quarterly (Sep. 2018) net income data. The Revenue data used here is four times the quarterly (Sep. 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:

Engility Holdings's annulized ROA % for the quarter that ended in Sep. 2018 is

ROA %(Q: Sep. 2018 )
=Net Income/Total Assets
=17.128/1984.3485
=(Net Income / Revenue)*(Revenue / Total Assets)
=(17.128 / 1884.828)*(1884.828 / 1984.3485)
=Net Margin %*Asset Turnover
=0.91 %*0.9498
=0.86 %

Note: The Net Income data used here is four times the quarterly (Sep. 2018) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


Engility Holdings Asset Turnover Related Terms

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


Engility Holdings (Engility Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Engility Holdings Inc provides global security and information security services to the U.S. government. The company offers specialized technical consulting, program and business support, engineering and technology lifecycle support, information technology modernization and sustainment, supply chain services, and logistics management, and training and education services to U.S. government personnel. Its customers primarily operate in the defense, intelligence, space, and federal civil sectors and international communities. Virtually all revenue is generated from the U.S. government.
Executives
George R Roberts 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 2800 SAND HILL ROAD, MENLO PARK CA 94025
Katharina G. Mcfarland director 4803 STONECROFT BOULEVARD, CHANTILLY VA 20151
General Atlantic Partners 85, L.p. 10 percent owner 55 EAST 52ND STREET, 32ND FLOOR NEW YORK NY 10055
Peter Marino director 12701 FAIR LAKES CIRCLE, FAIRFAX VA 22033
Wayne M Rehberger officer: Senior Vice President and CFO 4803 STONECROFT BOULEVARD CHANTILLY VA 20151
Steven A Denning director, 10 percent owner C/O ENGILITY CORPORATION, 4803 STONECROFT BOULEVARD, CHANTILLY VA 20151
General Atlantic Genpar, L.p. 10 percent owner 55 EAST 52ND STREET, 32ND FLOOR, NEW YORK NY 10055
Gap Coinvestments Cda, L.p. 10 percent owner 55 EAST 52ND STREET, 32ND FLOOR, NEW YORK NY 10055
Gap Coinvestments Iv, Llc 10 percent owner 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Gap Coinvestments Iii, Llc 10 percent owner 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Theresa D Golinvaux officer: VP, CAO, Corporate Controller 9300 LEE HIGHWAY, FAIRFAX VA 20131
Management Gmbh Gapco 10 percent owner C/O GENERAL ATLANTIC SERVICE COMPANY, 55 EAST 52ND STREET, 32ND FLOOR, NEW YORK NY 10055
Gapco Gmbh & Co Kg 10 percent owner C/O GENERAL ATLANTIC SERVICE COMPANY, 55 EAST 52ND ST. 32ND FLOOR, NEW YORK NY 10055
General Atlantic, L.p. 10 percent owner 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
John W Barter director 2101 CITYWEST BLVD, HOUSTON TX 77042-2827