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SCANA (SCG) Asset Turnover : 0.05 (As of Sep. 2018)


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What is SCANA Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. SCANA's Revenue for the three months ended in Sep. 2018 was $926 Mil. SCANA's Total Assets for the quarter that ended in Sep. 2018 was $18,859 Mil. Therefore, SCANA's Asset Turnover for the quarter that ended in Sep. 2018 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. SCANA's annualized ROE % for the quarter that ended in Sep. 2018 was 5.00%. It is also linked to ROA % through Du Pont Formula. SCANA's annualized ROA % for the quarter that ended in Sep. 2018 was 1.42%.


SCANA Asset Turnover Historical Data

The historical data trend for SCANA'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.

SCANA Asset Turnover Chart

SCANA Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.31 0.26 0.24 0.24

SCANA Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.06 0.06 0.06 0.05 0.05

Competitive Comparison of SCANA's Asset Turnover

For the Utilities - Regulated Electric subindustry, SCANA'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.


SCANA's Asset Turnover Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, SCANA's Asset Turnover distribution charts can be found below:

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



SCANA Asset Turnover Calculation

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

SCANA's Asset Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2017 )/( (Total Assets (A: Dec. 2016 )+Total Assets (A: Dec. 2017 ))/ count )
=4407/( (18707+18739)/ 2 )
=4407/18723
=0.24

SCANA's Asset Turnover for the quarter that ended in Sep. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2018 )/( (Total Assets (Q: Jun. 2018 )+Total Assets (Q: Sep. 2018 ))/ count )
=926/( (18901+18816)/ 2 )
=926/18858.5
=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.


SCANA  (NYSE:SCG) Asset Turnover Explanation

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

SCANA's annulized ROE % for the quarter that ended in Sep. 2018 is

ROE %**(Q: Sep. 2018 )
=Net Income/Total Stockholders Equity
=268/5364
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(268 / 3704)*(3704 / 18858.5)*(18858.5/ 5364)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.24 %*0.1964*3.5158
=ROA %*Equity Multiplier
=1.42 %*3.5158
=5.00 %

Note: The Net Income data used here is four times the quarterly (Sep. 2018) net income data. The Revenue data used here is four times the quarterly (Sep. 2018) 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:

SCANA's annulized ROA % for the quarter that ended in Sep. 2018 is

ROA %(Q: Sep. 2018 )
=Net Income/Total Assets
=268/18858.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(268 / 3704)*(3704 / 18858.5)
=Net Margin %*Asset Turnover
=7.24 %*0.1964
=1.42 %

Note: The Net Income data used here is four times the quarterly (Sep. 2018) net income data. The Revenue data used here is four times the quarterly (Sep. 2018) 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.


SCANA Asset Turnover Related Terms

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


SCANA (SCG) Business Description

Traded in Other Exchanges
N/A
Address
Scana is a holding company engaged primarily in generating, transmitting, and distributing electricity in South Carolina. It also distributes and sells natural gas in portions of North Carolina and South Carolina. Its two utilities serve more than 1 million customers. Through a wholly owned subsidiary, Scana markets natural gas to approximately 450,000 retail customers in Georgia.
Executives
James A Bennett director FIRST CITIZENS BANK, 1230 MAIN STREET, 9TH FLOOR, COLUMBIA SC 20201
D Maybank Hagood director WILLIAM M. BIRD AND CO., INC., P.O. BOX 20040, CHARLESTON SC 29413
John E. Bachman director 77 EXETER STREET, 1809, BOSTON MA 02116
James W Roquemore director C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Sharon A Decker director 4100 COCA COLA PLAZA, CHARLOTTE NC 28211
Gregory E Aliff director 1720 NORTH FIRST STREET, SAN JOSE CA 95112
Alfredo Trujillo director
James M Micali director C/O SONOCO PRODUCTS COMPANY, 1 NORTH SECOND STREET, HARTSVILLE SC 29550
Sharon K Jenkins officer: Senior VP - Marketing