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KBS Real Estate Investment Trust III (KBS Real Estate Investment Trust III) Asset Turnover : 0.03 (As of Mar. 2024)


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What is KBS Real Estate Investment Trust III Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. KBS Real Estate Investment Trust III's Revenue for the three months ended in Mar. 2024 was $65.4 Mil. KBS Real Estate Investment Trust III's Total Assets for the quarter that ended in Mar. 2024 was $2,073.6 Mil. Therefore, KBS Real Estate Investment Trust III's Asset Turnover for the quarter that ended in Mar. 2024 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. KBS Real Estate Investment Trust III's annualized ROE % for the quarter that ended in Mar. 2024 was 52.51%. It is also linked to ROA % through Du Pont Formula. KBS Real Estate Investment Trust III's annualized ROA % for the quarter that ended in Mar. 2024 was 7.25%.


KBS Real Estate Investment Trust III Asset Turnover Historical Data

The historical data trend for KBS Real Estate Investment Trust III'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.

KBS Real Estate Investment Trust III Asset Turnover Chart

KBS Real Estate Investment Trust III Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only 0.12 0.11 0.12 0.12 0.12

KBS Real Estate Investment Trust III Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.03 0.03 0.03 0.03 0.03

Competitive Comparison of KBS Real Estate Investment Trust III's Asset Turnover

For the REIT - Office subindustry, KBS Real Estate Investment Trust III'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.


KBS Real Estate Investment Trust III's Asset Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, KBS Real Estate Investment Trust III's Asset Turnover distribution charts can be found below:

* The bar in red indicates where KBS Real Estate Investment Trust III's Asset Turnover falls into.



KBS Real Estate Investment Trust III Asset Turnover Calculation

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

KBS Real Estate Investment Trust III'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 )
=270.158/( (2258.987+2139.385)/ 2 )
=270.158/2199.186
=0.12

KBS Real Estate Investment Trust III's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=65.357/( (2139.385+2007.901)/ 2 )
=65.357/2073.643
=0.03

* 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.


KBS Real Estate Investment Trust III  (OTCPK:KBSR) Asset Turnover Explanation

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

KBS Real Estate Investment Trust III's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=150.296/286.198
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(150.296 / 261.428)*(261.428 / 2073.643)*(2073.643/ 286.198)
=Net Margin %*Asset Turnover*Equity Multiplier
=57.49 %*0.1261*7.2455
=ROA %*Equity Multiplier
=7.25 %*7.2455
=52.51 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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:

KBS Real Estate Investment Trust III's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=150.296/2073.643
=(Net Income / Revenue)*(Revenue / Total Assets)
=(150.296 / 261.428)*(261.428 / 2073.643)
=Net Margin %*Asset Turnover
=57.49 %*0.1261
=7.25 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


KBS Real Estate Investment Trust III Asset Turnover Related Terms

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KBS Real Estate Investment Trust III (KBS Real Estate Investment Trust III) Business Description

Traded in Other Exchanges
N/A
Address
800 Newport Center Drive, Suite 700, Newport Beach, CA, USA, 92660
KBS Real Estate Investment Trust III Inc is a real estate investment trust. The company invests in a diverse portfolio of real estate properties. It holds investments in office properties and mixed-use office/retail properties. The investment objective is to preserve and return stockholders capital contributions and to provide the stockholders with attractive and stable cash distributions.
Executives
Robert Milkovich director 7600 WISCONSIN AVENUE, 11TH FLOOR, BETHESDA MD 20814
Marc Deluca director 7297 HIGHLAND ESTATES PLACE, FALLS CHURCH VA 22043
Ron D. Sturzenegger director 101 CALIFORNIA STREET, SUITE 1750, SAN FRANCISCO CA 94111
Jeffrey A. Dritley director C/O KBS REALTY ADVISORS, 800 NEWPORT CENTER DRIVE, SUITE 700, NEWPORT BEACH CA 92660
Jeff Waldvogel officer: Chief Financial Officer C/O KBS REALTY ADVISORS, 800 NEWPORT CENTER DRIVE, SUITE 700, NEWPORT BEACH CA 92660
Stuart A Gabriel director 155 N. LAKE AVENUE, PASADENA CA 91101
Peter Mcmillan director, officer: Executive Vice President
Barbara R Cambon director 17140 BERNARDO CENTER DRIVE, SUITE 195, SAN DIEGO CA 92128
Hank Adler director 6 HUTTON CENTRE DRIVE, SUITE 400, SANTA ANA CA 92707
David E Snyder officer: Chief Financial Officer 610 NEWPORT CENTER DRIVE, SUITE 1150, NEWPORT BEACH CA 92660
Schreiber Charles J Jr director, officer: Chief Executive Officer 620 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660
Peter M Bren officer: President 620 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660
Stacie K Yamane officer: Chief Accounting Officer 620 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660
Keith D Hall officer: Executive Vice President 620 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660

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