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Stratus Properties (Stratus Properties) Asset Turnover

: 0.01 (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. Stratus Properties's Revenue for the three months ended in Dec. 2023 was $4.27 Mil. Stratus Properties's Total Assets for the quarter that ended in Dec. 2023 was $509.89 Mil. Therefore, Stratus Properties's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Stratus Properties's annualized ROE % for the quarter that ended in Dec. 2023 was -1.80%. It is also linked to ROA % through Du Pont Formula. Stratus Properties's annualized ROA % for the quarter that ended in Dec. 2023 was -0.68%.


Stratus Properties Asset Turnover Historical Data

The historical data trend for Stratus Properties'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.

Stratus Properties 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 0.17 0.08 0.05 0.08 0.04

Stratus Properties 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 0.03 0.01 0.01 0.01 0.01

Competitive Comparison

For the Real Estate - Diversified subindustry, Stratus Properties'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.


Stratus Properties Asset Turnover Distribution

For the Real Estate industry and Real Estate sector, Stratus Properties's Asset Turnover distribution charts can be found below:

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



Stratus Properties Asset Turnover Calculation

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

Stratus Properties'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 )
=17.27/( (445.14+517.766)/ 2 )
=17.27/481.453
=0.04

Stratus Properties'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 )
=4.269/( (502.021+517.766)/ 2 )
=4.269/509.8935
=0.01

* 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.


Stratus Properties  (NAS:STRS) Asset Turnover Explanation

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

Stratus Properties's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-3.444/191.725
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.444 / 17.076)*(17.076 / 509.8935)*(509.8935/ 191.725)
=Net Margin %*Asset Turnover*Equity Multiplier
=-20.17 %*0.0335*2.6595
=ROA %*Equity Multiplier
=-0.68 %*2.6595
=-1.80 %

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:

Stratus Properties's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-3.444/509.8935
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.444 / 17.076)*(17.076 / 509.8935)
=Net Margin %*Asset Turnover
=-20.17 %*0.0335
=-0.68 %

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.


Stratus Properties Asset Turnover Related Terms

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


Stratus Properties (Stratus Properties) Business Description

Traded in Other Exchanges
Address
212 Lavaca Street, Suite 300, Austin, TX, USA, 78701
Stratus Properties Inc is a diversified real estate company operating in the United States. It is engaged in the acquisition, entitlement, development, management, operation and sale of commercial, multi- and single-family residential real estate properties, located in the Austin Texas area and other select markets in Texas. It operates its business through two segments namely, Real Estate Operations and Leasing Operations.
Executives
Rhone Neville L. Jr. director 212 LAVACA STREET, SUITE 300, AUSTIN TX 78701
Kate Henriksen director 212 LAVACA STREET, SUITE 300, AUSTIN TX 78701
Laurie L. Dotter director 3615 WEST LAWTHER DRIVE, DALLAS TX 75214
Michael D Madden director 98 SAN JACINTO BLVD, STE 220, AUSTIN TX 78701
James Joseph director
Charles W. Porter director 212 LAVACA STREET, SUITE 300, AUSTIN TX 78701
James Leslie director 5924 ROYAL LANE, SUITE 250, DALLAS TX 75230
Erin D Pickens officer: Senior VP & CFO 1775 BROADWAY 23RD FLR, NEW YORK NY 10019
Armstrong William H Iii director, officer: Chair of Board, President, CEO 98 SAN JACINTO BLVD, STE 220, AUSTIN TX 78701
Oasis Investments Ii Master Fund Ltd. 10 percent owner UGLAND HOUSE PO BOX 309, GRAND CAYMAN E9 KY1-1104
Ella Gendel director 300 WEST 6TH STREET, SUITE 1550, AUSTIN TX 78701
Carl E Berg 10 percent owner, other: See Remarks C/O BERG & BERG DEVELOPERS, 10050 BANDLEY DR, CUPERTINO CA 95014
Seth Fischer 10 percent owner C/O OASIS MANAGEMENT (HONG KONG) LLC, 21/F MAN YEE BUILDING, 68 DES VOEUX ROAD, CENTRAL K3
Oasis Management Co Ltd. 10 percent owner 4TH FLOOR ANDERSON SQUARE,, 64 SHEDDEN ROAD, P.O. BOX 10324, GRAND CAYMAN E9 KY-1103
David M Dean other: See Remarks 16200 ADDISON ROAD, SUITE 220, ADDISON TX 75001

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