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Liberty Global (Liberty Global) Asset Turnover

: 0.05 (As of Dec. 2023)
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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Liberty Global's Revenue for the three months ended in Dec. 2023 was $1,921 Mil. Liberty Global's Total Assets for the quarter that ended in Dec. 2023 was $42,392 Mil. Therefore, Liberty Global's Asset Turnover for the quarter that ended in Dec. 2023 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. Liberty Global's annualized ROE % for the quarter that ended in Dec. 2023 was -69.83%. It is also linked to ROA % through Du Pont Formula. Liberty Global's annualized ROA % for the quarter that ended in Dec. 2023 was -32.93%.


Liberty Global Asset Turnover Historical Data

The historical data trend for Liberty Global'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.

Liberty Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.22 0.21 0.20 0.16 0.18

Liberty Global Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Asset Turnover 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 Premium Member Only Premium Member Only Premium Member Only 0.04 0.04 0.04 0.04 0.05

Competitive Comparison

For the Telecom Services subindustry, Liberty Global'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.


Liberty Global Asset Turnover Distribution

For the Telecommunication Services industry and Communication Services sector, Liberty Global's Asset Turnover distribution charts can be found below:

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



Liberty Global Asset Turnover Calculation

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

Liberty Global'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 )
=7491.4/( (42895+42087.9)/ 2 )
=7491.4/42491.45
=0.18

Liberty Global'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 )
=1920.5/( (42696.4+42087.9)/ 2 )
=1920.5/42392.15
=0.05

* 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.


Liberty Global  (NAS:LBTYK) Asset Turnover Explanation

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

Liberty Global's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-13959.6/19991.95
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-13959.6 / 7682)*(7682 / 42392.15)*(42392.15/ 19991.95)
=Net Margin %*Asset Turnover*Equity Multiplier
=-181.72 %*0.1812*2.1205
=ROA %*Equity Multiplier
=-32.93 %*2.1205
=-69.83 %

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:

Liberty Global's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-13959.6/42392.15
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-13959.6 / 7682)*(7682 / 42392.15)
=Net Margin %*Asset Turnover
=-181.72 %*0.1812
=-32.93 %

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.


Liberty Global Asset Turnover Related Terms

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


Liberty Global (Liberty Global) Business Description

Traded in Other Exchanges
Address
161 Hammersmith Road, Griffin House, London, GBR, W6 8BS
Liberty Global is a holding company with interests in several telecom companies in the U.K., Netherlands, Belgium, Switzerland, Ireland, and Slovakia. Liberty is the owner of the main cable network in each of these geographies and has pursued a strategy since 2016 to merge or partner with mobile-network-operators to be able to offer converged services. Liberty also owns minority stakes in other media, entertainment, and cloud companies.
Executives
Anthony G Werner director 161 HAMMERSMITH ROAD, LONDON X0 X0
Marisa D Drew director 161 HAMMERSMITH ROAD, LONDON X0 XO
Daniel E. Sanchez director C/O DISCOVERY, INC., 8403 COLESVILLE ROAD, SILVER SPRING MD 20910
Berkshire Hathaway Inc 10 percent owner 3555 FARNAM STREET, OMAHA NE 68131
Warren E Buffett 10 percent owner 3555 FARNAM ST, STE 1440, OMAHA NE 68131
Andrea Salvato officer: SVP, CHIEF DEVELOPMENT OFFICER 161 HAMMERSMITH ROAD, LONDON X0 W6 8BS
Enrique Rodriguez officer: EVP, Chief Technology Officer C/O LIBERTY GLOBAL, INC., 1550 WEWATTA STREET STE 1000, DENVER CO 80202
John C Malone director, 10 percent owner 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Jason Waldron officer: SVP & CAO 1550 WEWATTA STREET STE 1000, DENVER CO 80202
Richard R Green director 1550 WEWATTA STREET, STE 1000, DENVER CO 80202
Michael T Fries director, officer: President & CEO C/O LIBERTY GLOBAL, INC., 1550 WEWATTA STREET STE 1000, DENVER CO 80202
Bracken Charles H R officer: EVP & Co-CFO 161 HAMMERSMITH ROAD, LONDON ENGLAND X0 W6 8BS
Bryan H Hall officer: EVP, Gen Counsel & Secretary C/O LIBERTY GLOBAL, INC., 1550 WEWATTA STREET STE 1000, DENVER CO 80202
Larry E Romrell director 12300 LIBERTY BLVD., ENGLEWOOD CO 80112
Paul A Gould director 711 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10022