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The Intergroup (The Intergroup) Asset Turnover : 0.12 (As of Dec. 2023)


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What is The Intergroup Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. The Intergroup's Revenue for the three months ended in Dec. 2023 was $14.32 Mil. The Intergroup's Total Assets for the quarter that ended in Dec. 2023 was $121.87 Mil. Therefore, The Intergroup's Asset Turnover for the quarter that ended in Dec. 2023 was 0.12.

Asset Turnover is linked to ROE % through Du Pont Formula. The Intergroup's annualized ROE % for the quarter that ended in Dec. 2023 was 8.40%. It is also linked to ROA % through Du Pont Formula. The Intergroup's annualized ROA % for the quarter that ended in Dec. 2023 was -5.02%.


The Intergroup Asset Turnover Historical Data

The historical data trend for The Intergroup'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.

The Intergroup Asset Turnover Chart

The Intergroup Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.44 0.21 0.36 0.46

The Intergroup 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 0.11 0.13 0.12

Competitive Comparison of The Intergroup's Asset Turnover

For the Lodging subindustry, The Intergroup'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.


The Intergroup's Asset Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, The Intergroup's Asset Turnover distribution charts can be found below:

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



The Intergroup Asset Turnover Calculation

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

The Intergroup's Asset Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=57.607/( (126.046+122.358)/ 2 )
=57.607/124.202
=0.46

The Intergroup'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 )
=14.321/( (119.544+124.186)/ 2 )
=14.321/121.865
=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.


The Intergroup  (NAS:INTG) Asset Turnover Explanation

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

The Intergroup's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-6.116/-72.788
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-6.116 / 57.284)*(57.284 / 121.865)*(121.865/ -72.788)
=Net Margin %*Asset Turnover*Equity Multiplier
=-10.68 %*0.4701*-1.6742
=ROA %*Equity Multiplier
=-5.02 %*-1.6742
=8.40 %

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:

The Intergroup's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-6.116/121.865
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-6.116 / 57.284)*(57.284 / 121.865)
=Net Margin %*Asset Turnover
=-10.68 %*0.4701
=-5.02 %

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.


The Intergroup Asset Turnover Related Terms

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


The Intergroup (The Intergroup) Business Description

Traded in Other Exchanges
N/A
Address
1516 S. Bundy Drive, Suite 200, Los Angeles, CA, USA, 90025
The Intergroup Corp is an us-based company operating in the real estate sector. It is formed to buy, develop, operate, rehabilitate and dispose of real property of various types and descriptions, and to engage in other related business and investment activities. The company operates through three segments namely Hotel Operations, Real Estate Operations, and Investment Transactions. The Hotel Operations segment which generates the majority of the revenue covers the operation of the Hilton hotel and garage. The Real Estate Operations segment consists of the operation of multifamily rental properties whereas the Investment Transactions segment includes an investment of cash in marketable securities and other investments.
Executives
John C Love director 11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90025
Babin C Jerold director 11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES, LOS ANGELES CA 90025
William John Nance director 11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90025
Danfeng Xu officer: Treasurer and Controller 1100 GLENDON AVENUE, SUITE PH-1, LOS ANGELES CA 90024
Yvonne L Murphy director 10940 WILSHIRE BLVD., SUITE 2150, LOS ANGELES X1 90024
David T Nguyen officer: TREASURER 10940 WILSHIRE BLVD, SUITE 2150, LOS ANGELES CA 90024
Michael G Zybala 10 percent owner PO BOX 270828, SAN DIEGO CA 92198-2828
John V Winfield director, 10 percent owner, officer: President & CEO 11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90025
Michael Gary Zybala officer: Asst. Secretary & Gen. Counsel 16912 ABUNDANTE ST, SAN DIEGO CA 92127
David C Gonzalez officer: Vice President Real Estate
Gary N Jacobs director, officer: Secretary MGM MIRAGE, 3600 LAS VEGAS BLVD., S., LAS VEGAS NV 89109
Josef A Grunwald director 820 MORAGA DRIVE, LOS ANGELES CA 90049
Mildred Bond Roxborough director 39 BROADWAY, SUITE 2200, NEW YORK NY 10006

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