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Gateway Real Estate AG (XTER:GTY) Asset Turnover : 0.00 (As of Sep. 2023)


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What is Gateway Real Estate AG Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Gateway Real Estate AG's Revenue for the three months ended in Sep. 2023 was €6.63 Mil. Gateway Real Estate AG's Total Assets for the quarter that ended in Sep. 2023 was €1,513.56 Mil. Therefore, Gateway Real Estate AG's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Gateway Real Estate AG's annualized ROE % for the quarter that ended in Sep. 2023 was -37.71%. It is also linked to ROA % through Du Pont Formula. Gateway Real Estate AG's annualized ROA % for the quarter that ended in Sep. 2023 was -8.48%.


Gateway Real Estate AG Asset Turnover Historical Data

The historical data trend for Gateway Real Estate AG'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.

Gateway Real Estate AG Asset Turnover Chart

Gateway Real Estate AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.21 0.01 0.01 0.02

Gateway Real Estate AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - 0.01 - 0.01 -

Competitive Comparison of Gateway Real Estate AG's Asset Turnover

For the Real Estate - Development subindustry, Gateway Real Estate AG'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.


Gateway Real Estate AG's Asset Turnover Distribution in the Real Estate Industry

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

* The bar in red indicates where Gateway Real Estate AG's Asset Turnover falls into.



Gateway Real Estate AG Asset Turnover Calculation

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

Gateway Real Estate AG's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=24.535/( (1349.613+1431.55)/ 2 )
=24.535/1390.5815
=0.02

Gateway Real Estate AG's Asset Turnover for the quarter that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=6.631/( (1516.333+1510.793)/ 2 )
=6.631/1513.563
=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.


Gateway Real Estate AG  (XTER:GTY) Asset Turnover Explanation

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

Gateway Real Estate AG's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-128.3/340.1945
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-128.3 / 26.524)*(26.524 / 1513.563)*(1513.563/ 340.1945)
=Net Margin %*Asset Turnover*Equity Multiplier
=-483.71 %*0.0175*4.4491
=ROA %*Equity Multiplier
=-8.48 %*4.4491
=-37.71 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 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:

Gateway Real Estate AG's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=-128.3/1513.563
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-128.3 / 26.524)*(26.524 / 1513.563)
=Net Margin %*Asset Turnover
=-483.71 %*0.0175
=-8.48 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


Gateway Real Estate AG Asset Turnover Related Terms

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Gateway Real Estate AG (XTER:GTY) Business Description

Traded in Other Exchanges
Address
Hardenbergstr. 28a, Berlin, BB, DEU, 10623
Gateway Real Estate AG is a developer of commercial and residential real estate properties in Germany. The company's operating segment includes Standing Assets; Commercial Properties Development; and Residential Properties Development. Its property portfolio consists of Commercial and Residential Properties, Offices, Hotels, Shopping Centers, Office Refurbishments, and Parking Spaces. Geographically, the company conducts all its business activities in Germany.

Gateway Real Estate AG (XTER:GTY) Headlines