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Bankrate (Bankrate) Asset Turnover : 0.11 (As of Jun. 2017)


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What is Bankrate Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Bankrate's Revenue for the three months ended in Jun. 2017 was $115.9 Mil. Bankrate's Total Assets for the quarter that ended in Jun. 2017 was $1,092.5 Mil. Therefore, Bankrate's Asset Turnover for the quarter that ended in Jun. 2017 was 0.11.

Asset Turnover is linked to ROE % through Du Pont Formula. Bankrate's annualized ROE % for the quarter that ended in Jun. 2017 was -13.72%. It is also linked to ROA % through Du Pont Formula. Bankrate's annualized ROA % for the quarter that ended in Jun. 2017 was -8.53%.


Bankrate Asset Turnover Historical Data

The historical data trend for Bankrate'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.

Bankrate Asset Turnover Chart

Bankrate Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.24 0.28 0.31 0.39

Bankrate Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 0.09 0.12 0.10 0.11 0.11

Competitive Comparison of Bankrate's Asset Turnover

For the Internet Content & Information subindustry, Bankrate'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.


Bankrate's Asset Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Bankrate's Asset Turnover distribution charts can be found below:

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



Bankrate Asset Turnover Calculation

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

Bankrate's Asset Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=434.161/( (1126.966+1083.86)/ 2 )
=434.161/1105.413
=0.39

Bankrate's Asset Turnover for the quarter that ended in Jun. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2017 )/( (Total Assets (Q: Mar. 2017 )+Total Assets (Q: Jun. 2017 ))/ count )
=115.924/( (1084.387+1100.633)/ 2 )
=115.924/1092.51
=0.11

* 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.


Bankrate  (NYSE:RATE) Asset Turnover Explanation

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

Bankrate's annulized ROE % for the quarter that ended in Jun. 2017 is

ROE %**(Q: Jun. 2017 )
=Net Income/Total Stockholders Equity
=-93.144/678.7055
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-93.144 / 463.696)*(463.696 / 1092.51)*(1092.51/ 678.7055)
=Net Margin %*Asset Turnover*Equity Multiplier
=-20.09 %*0.4244*1.6097
=ROA %*Equity Multiplier
=-8.53 %*1.6097
=-13.72 %

Note: The Net Income data used here is four times the quarterly (Jun. 2017) net income data. The Revenue data used here is four times the quarterly (Jun. 2017) 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:

Bankrate's annulized ROA % for the quarter that ended in Jun. 2017 is

ROA %(Q: Jun. 2017 )
=Net Income/Total Assets
=-93.144/1092.51
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-93.144 / 463.696)*(463.696 / 1092.51)
=Net Margin %*Asset Turnover
=-20.09 %*0.4244
=-8.53 %

Note: The Net Income data used here is four times the quarterly (Jun. 2017) net income data. The Revenue data used here is four times the quarterly (Jun. 2017) 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.


Bankrate Asset Turnover Related Terms

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


Bankrate (Bankrate) Business Description

Traded in Other Exchanges
N/A
Address
Bankrate Inc was founded in 1976 and Bankrate, Inc. was incorporated in the State of Delaware in 2011. The Company owns and operates an Internet-based consumer banking, personal finance and senior care online network. Its flagship websites include CreditCards.com, Bankrate.com, and Caring.com which provides information on more than 300 financial and senior care products and services, including credit cards, mortgages, deposits, and other personal finance categories. Additionally, it provide financial applications and information to a network of distribution partners and through national and state publications. It has three reportable segments including Credit cards, Banking, Senior Care and other.
Executives
Steven Barnhart officer: SVP, Chief Financial Officer 1 W. ONWENTSIA ROAD, LAKE FOREST IL 60045
Richard J Pinola director BANKRATE, INC., 11760 US HIGHWAY 1 SUITE 200, NORTH PALM BEACH FL 33408
Michael Joseph Kelly director C/O EYEBLASTER, INC., 135 WEST 18TH STREET, 5TH FLOOR, NEW YORK NY 10011
John F Megrue 10 percent owner C/O APAX PARTNERS, L.P., 601 LEXINGTON AVENUE, 53RD FLOOR, NEW YORK NY 10022
Thomas R Evans director, officer: President, CEO 11760 US HIGHWAY ONE, SUITE 200, NORTH PALM BEACH FL 33408
Apax Partners Europe Managers Ltd 10 percent owner 33 JERMYN STREET, LONDON X0 SW1Y 6DN
Mitch L Truwit director C/O APAX PARTNERS, L.P., 601 LEXINGTON AVENUE, 53RD FLOOR, NEW YORK NY 10022
Christian Robert Stahl director C/O APAX PARTNERS, L.P., 601 LEXINGTON AVENUE, 53RD FLOOR, NEW YORK NY 10022

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