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MDC Partners (MDC Partners) Asset Turnover : 0.20 (As of Mar. 2021)


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What is MDC Partners Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. MDC Partners's Revenue for the three months ended in Mar. 2021 was $308 Mil. MDC Partners's Total Assets for the quarter that ended in Mar. 2021 was $1,536 Mil. Therefore, MDC Partners's Asset Turnover for the quarter that ended in Mar. 2021 was 0.20.

Asset Turnover is linked to ROE % through Du Pont Formula. MDC Partners's annualized ROE % for the quarter that ended in Mar. 2021 was -4.48%. It is also linked to ROA % through Du Pont Formula. MDC Partners's annualized ROA % for the quarter that ended in Mar. 2021 was 1.30%.


MDC Partners Asset Turnover Historical Data

The historical data trend for MDC Partners'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.

MDC Partners Asset Turnover Chart

MDC Partners Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.92 0.89 0.82 0.72

MDC Partners Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 0.18 0.15 0.17 0.20 0.20

Competitive Comparison of MDC Partners's Asset Turnover

For the Advertising Agencies subindustry, MDC Partners'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.


MDC Partners's Asset Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, MDC Partners's Asset Turnover distribution charts can be found below:

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



MDC Partners Asset Turnover Calculation

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

MDC Partners'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 )
=1199.011/( (1828.306+1511.314)/ 2 )
=1199.011/1669.81
=0.72

MDC Partners's Asset Turnover for the quarter that ended in Mar. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2021 )/( (Total Assets (Q: Dec. 2020 )+Total Assets (Q: Mar. 2021 ))/ count )
=307.585/( (1511.314+1560.713)/ 2 )
=307.585/1536.0135
=0.20

* 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.


MDC Partners  (NAS:MDCA) Asset Turnover Explanation

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

MDC Partners's annulized ROE % for the quarter that ended in Mar. 2021 is

ROE %**(Q: Mar. 2021 )
=Net Income/Total Stockholders Equity
=20.04/-447.759
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(20.04 / 1230.34)*(1230.34 / 1536.0135)*(1536.0135/ -447.759)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.63 %*0.801*-3.4304
=ROA %*Equity Multiplier
=1.30 %*-3.4304
=-4.48 %

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

MDC Partners's annulized ROA % for the quarter that ended in Mar. 2021 is

ROA %(Q: Mar. 2021 )
=Net Income/Total Assets
=20.04/1536.0135
=(Net Income / Revenue)*(Revenue / Total Assets)
=(20.04 / 1230.34)*(1230.34 / 1536.0135)
=Net Margin %*Asset Turnover
=1.63 %*0.801
=1.30 %

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


MDC Partners Asset Turnover Related Terms

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


MDC Partners (MDC Partners) Business Description

Traded in Other Exchanges
N/A
Address
One World Trade Center, 65th Floor, New York, NY, USA, 10007
MDC Partners Inc is a marketing company. Its core activities involve direct marketing, mobile marketing, market research, data analytics, design and branding, social media communications, and e-commerce. The company operates in three segments: Integrated Networks, Media & Data Network, and All Other. The company derives the majority of its revenue from The Integrated Networks segment, which provides a range of services for their clients, primarily including strategy, creative and production for advertising campaigns across a variety of platforms (print, digital, social media, television broadcast) as well as public relations and communications services, experiential, social media and influencer marketing. Its geographical segments include United States, Canada, and others.
Executives
Jonathan B. Mirsky officer: Former General Counsel C/O MDC PARTNERS INC., 745 5TH AVENUE, 19TH FLOOR, NEW YORK NY 10151
Charlene Barshefsky director
Asha Daniere director 330 HUDSON STREET, 10TH FLOOR, NEW YORK NY 10013
Wade Oosterman director C/O INGRAM MICRO INC., 1600 E. ST. ANDREW PLACE, SANTA ANA CA 92705
Desiree G Rogers director C/O PINNACLE ENTERTAINMENT, INC., 3980 HOWARD HUGHES PARKWAY, LAS VEGAS NV 89169
Irwin D Simon director C/O THE HAIN CELESTIAL GROUP INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
Frank P Lanuto officer: EVP, Chief Financial Officer HUDSON HIGHLAND GROUP, INC., 560 LEXINGTON AVENUE, NEW YORK NY 10022
Mark Jeffery Penn director, 10 percent owner, officer: Chief Executive Officer 1808 I STREENET, NW, 6TH FLOOR, WASHINGTON DC 20006
Vincenzo Dimaggio officer: SVP, Chief Accounting Officer 330 HUDSON STREET, 10TH FLOOR, NEW YORK NY 10013
Ross David Corwin officer: See Remarks 250 WEST 94TH STREET, APT. 12G, NEW YORK NY 10025
Daniel Steven Goldberg director 272 SOPER PLACE, OTTAWA A6 K1M 2J2
Seth Gardner officer: Chief Operating Officer CERBERUS CAPITAL MANAGEMENT, L.P., 299 PARK AVENUE, NEW YORK NY 10171
Mitchell Gendel officer: Gen. Counsel & Corp. Secretary EMERALD HOLDING, INC., 100 BROADWAY, 14TH FLOOR, NEW YORK NY 10005
Stagwell Group Llc 10 percent owner 1808 I STREET, NW, 6TH FLOOR, WASHINGTON DC 20006
Stagwell Agency Holdings Llc 10 percent owner 1808 I STREET, NW, 6TH FLOOR, WASHINGTON DC 20006