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American Community Newspapers (American Community Newspapers) Asset Turnover : 0.11 (As of Jun. 2008)


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What is American Community Newspapers Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. American Community Newspapers's Revenue for the three months ended in Jun. 2008 was $17.21 Mil. American Community Newspapers's Total Assets for the quarter that ended in Jun. 2008 was $155.87 Mil. Therefore, American Community Newspapers's Asset Turnover for the quarter that ended in Jun. 2008 was 0.11.

Asset Turnover is linked to ROE % through Du Pont Formula. American Community Newspapers's annualized ROE % for the quarter that ended in Jun. 2008 was -27,897.51%. It is also linked to ROA % through Du Pont Formula. American Community Newspapers's annualized ROA % for the quarter that ended in Jun. 2008 was -280.10%.


American Community Newspapers Asset Turnover Historical Data

The historical data trend for American Community Newspapers'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.

American Community Newspapers Asset Turnover Chart

American Community Newspapers Annual Data
Trend Dec05 Dec06 Dec07
Asset Turnover
0.01 0.03 0.25

American Community Newspapers Quarterly Data
Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.12 0.08 0.08 0.11

Competitive Comparison of American Community Newspapers's Asset Turnover

For the Publishing subindustry, American Community Newspapers'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.


American Community Newspapers's Asset Turnover Distribution in the Media - Diversified Industry

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

* The bar in red indicates where American Community Newspapers's Asset Turnover falls into.



American Community Newspapers Asset Turnover Calculation

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

American Community Newspapers's Asset Turnover for the fiscal year that ended in Dec. 2007 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2007 )/( (Total Assets (A: Dec. 2006 )+Total Assets (A: Dec. 2007 ))/ count )
=36.169/( (78.354+214.548)/ 2 )
=36.169/146.451
=0.25

American Community Newspapers's Asset Turnover for the quarter that ended in Jun. 2008 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2008 )/( (Total Assets (Q: Mar. 2008 )+Total Assets (Q: Jun. 2008 ))/ count )
=17.211/( (210.946+100.802)/ 2 )
=17.211/155.874
=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.


American Community Newspapers  (OTCPK:ACNI) Asset Turnover Explanation

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

American Community Newspapers's annulized ROE % for the quarter that ended in Jun. 2008 is

ROE %**(Q: Jun. 2008 )
=Net Income/Total Stockholders Equity
=-436.596/1.565
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-436.596 / 68.844)*(68.844 / 155.874)*(155.874/ 1.565)
=Net Margin %*Asset Turnover*Equity Multiplier
=-634.18 %*0.4417*99.6
=ROA %*Equity Multiplier
=-280.10 %*99.6
=-27,897.51 %

Note: The Net Income data used here is four times the quarterly (Jun. 2008) net income data. The Revenue data used here is four times the quarterly (Jun. 2008) 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:

American Community Newspapers's annulized ROA % for the quarter that ended in Jun. 2008 is

ROA %(Q: Jun. 2008 )
=Net Income/Total Assets
=-436.596/155.874
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-436.596 / 68.844)*(68.844 / 155.874)
=Net Margin %*Asset Turnover
=-634.18 %*0.4417
=-280.10 %

Note: The Net Income data used here is four times the quarterly (Jun. 2008) net income data. The Revenue data used here is four times the quarterly (Jun. 2008) 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.


American Community Newspapers Asset Turnover Related Terms

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American Community Newspapers (American Community Newspapers) Business Description

Traded in Other Exchanges
N/A
Address
14875 Landmark Boulevard, Suite 110, Addison, TX, USA, 75254
American Community Newspapers Inc is a community newspaper publisher in the United States, operating within four major U.S. markets.
Executives
Rachesky Mark H Md 10 percent owner 40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019
Mhr Fund Management Llc 10 percent owner 1345 AVENUE OF THE AMERICAS,, 42ND FLOOR, NEW YORK NY 10105
Mhr Advisors Llc 10 percent owner
Marilyn Rubenstein 10 percent owner
Woodland Services Corp 10 percent owner
Israel A Englander other: May be deemed as group member. C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Millenco, L.l.c. 10 percent owner C/O MILLENNIUM MANAGEMENT LLC, 666 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10103
Millennium Management Llc other: May be deemed as group member. 399 PARK AVENUE, NEW YORK NY 10022
Barry Rubenstein 10 percent owner 68 WHEATLEY RD, BROOKVILLE NY 11545

American Community Newspapers (American Community Newspapers) Headlines

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