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Loral Spacemmunications (Loral Spacemmunications) Asset Turnover : 0.00 (As of Sep. 2021)


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What is Loral Spacemmunications Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Loral Spacemmunications's Revenue for the three months ended in Sep. 2021 was $0.00 Mil. Loral Spacemmunications's Total Assets for the quarter that ended in Sep. 2021 was $298.26 Mil. Therefore, Loral Spacemmunications's Asset Turnover for the quarter that ended in Sep. 2021 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Loral Spacemmunications's annualized ROE % for the quarter that ended in Sep. 2021 was -40.38%. It is also linked to ROA % through Du Pont Formula. Loral Spacemmunications's annualized ROA % for the quarter that ended in Sep. 2021 was -33.81%.


Loral Spacemmunications Asset Turnover Historical Data

The historical data trend for Loral Spacemmunications'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.

Loral Spacemmunications Asset Turnover Chart

Loral Spacemmunications Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Asset Turnover
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Loral Spacemmunications Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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Competitive Comparison of Loral Spacemmunications's Asset Turnover

For the Telecom Services subindustry, Loral Spacemmunications'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.


Loral Spacemmunications's Asset Turnover Distribution in the Telecommunication Services Industry

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

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



Loral Spacemmunications Asset Turnover Calculation

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

Loral Spacemmunications'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 )
=0/( (390.81+254.469)/ 2 )
=0/322.6395
=0.00

Loral Spacemmunications's Asset Turnover for the quarter that ended in Sep. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2021 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Sep. 2021 ))/ count )
=0/( (303.066+293.448)/ 2 )
=0/298.257
=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.


Loral Spacemmunications  (NAS:LORL) Asset Turnover Explanation

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

Loral Spacemmunications's annulized ROE % for the quarter that ended in Sep. 2021 is

ROE %**(Q: Sep. 2021 )
=Net Income/Total Stockholders Equity
=-100.832/249.7065
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-100.832 / 0)*(0 / 298.257)*(298.257/ 249.7065)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.1944
=ROA %*Equity Multiplier
=-33.81 %*1.1944
=-40.38 %

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

Loral Spacemmunications's annulized ROA % for the quarter that ended in Sep. 2021 is

ROA %(Q: Sep. 2021 )
=Net Income/Total Assets
=-100.832/298.257
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-100.832 / 0)*(0 / 298.257)
=Net Margin %*Asset Turnover
= %*0
=-33.81 %

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


Loral Spacemmunications Asset Turnover Related Terms

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


Loral Spacemmunications (Loral Spacemmunications) Business Description

Traded in Other Exchanges
N/A
Address
600 Fifth Avenue, New York, NY, USA, 10020
Loral Space & Communications Inc is a provider of satellite-based communications services. The firm generates revenue from two main sources: broadcast services and enterprise services. The former includes video distribution and contribution for broadcasters and cable networks. The latter offers telecommunication carrier and integrator services, two-way Internet services, and maritime and aeronautical services for carriers, and communications providers. A large majority of the firm's revenue is generated in the United States and Canada, with the rest coming from Latin America, Europe, and the Middle East and Africa.
Executives
Janet T Yeung director MHR FUND MANAGEMENT LLC 1345 AVENUE OF THE AMERICAS, 42ND FLOOR NEW YORK NY 10105
Mhr Fund Management Llc 10 percent owner 1345 AVENUE OF THE AMERICAS,, 42ND FLOOR, NEW YORK NY 10105
Rachesky Mark H Md director, 10 percent owner 40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019
Mhr Holdings Llc 10 percent owner 40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019
Ravinder Singh Girgla officer: Vice President and Controller 565 FIFTH AVENUE NEW YORK NY 10017
Michael B Targoff director 40 WEST 57TH ST., NEW YORK NY 10019
Mhrc Ii Llc 10 percent owner 40 WEST 57TH STREET 24TH FLOOR NEW YORK NY 10019
Mhrc I Llc 10 percent owner 40 WEST 57TH STREET 24TH FLOOR NEW YORK NY 10019
John Capogrossi officer: VP and Controller 600 THIRD AVENUE NEW YORK NY 10016
Arthur L Simon director 971 HAVERSTRAW RD SUFFERN NY 10901
Harvey B Rein officer: Vice President & Controller 600 THIRD AVENUE NEW YORK NY 10016
Richard Mastoloni officer: Vice President & Treasurer 600 THIRD AVENUE NEW YORK NY 10016
Dean Olmstead director 90 INVERNESS CIRCLE EAST, ENGLEWOOD CO 80112
Harkey John D Jr director 305 MAIN STREET, REDWOOD CITY CA 94063
Mhr Institutional Advisors Iii Llc 10 percent owner 40 WEST 57 STREET, 24TH FLOOR, NEW YORK NY 10019