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ACRES Commercial Realty (ACRES Commercial Realty) Asset Turnover : 0.01 (As of Dec. 2023)


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What is ACRES Commercial Realty Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. ACRES Commercial Realty's Revenue for the three months ended in Dec. 2023 was $10.90 Mil. ACRES Commercial Realty's Total Assets for the quarter that ended in Dec. 2023 was $2,228.80 Mil. Therefore, ACRES Commercial Realty's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. ACRES Commercial Realty's annualized ROE % for the quarter that ended in Dec. 2023 was 6.00%. It is also linked to ROA % through Du Pont Formula. ACRES Commercial Realty's annualized ROA % for the quarter that ended in Dec. 2023 was 1.18%.


ACRES Commercial Realty Asset Turnover Historical Data

The historical data trend for ACRES Commercial Realty'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.

ACRES Commercial Realty Asset Turnover Chart

ACRES Commercial Realty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 -0.07 0.02 0.02 0.02

ACRES Commercial Realty Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.01 0.01 0.01

Competitive Comparison of ACRES Commercial Realty's Asset Turnover

For the REIT - Mortgage subindustry, ACRES Commercial Realty'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.


ACRES Commercial Realty's Asset Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, ACRES Commercial Realty's Asset Turnover distribution charts can be found below:

* The bar in red indicates where ACRES Commercial Realty's Asset Turnover falls into.



ACRES Commercial Realty Asset Turnover Calculation

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

ACRES Commercial Realty'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 )
=45.501/( (2376.652+2196.105)/ 2 )
=45.501/2286.3785
=0.02

ACRES Commercial Realty'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 )
=10.904/( (2261.496+2196.105)/ 2 )
=10.904/2228.8005
=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.


ACRES Commercial Realty  (NYSE:ACRpC.PFD) Asset Turnover Explanation

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

ACRES Commercial Realty's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=26.212/436.7495
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(26.212 / 43.616)*(43.616 / 2228.8005)*(2228.8005/ 436.7495)
=Net Margin %*Asset Turnover*Equity Multiplier
=60.1 %*0.0196*5.1032
=ROA %*Equity Multiplier
=1.18 %*5.1032
=6.00 %

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:

ACRES Commercial Realty's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=26.212/2228.8005
=(Net Income / Revenue)*(Revenue / Total Assets)
=(26.212 / 43.616)*(43.616 / 2228.8005)
=Net Margin %*Asset Turnover
=60.1 %*0.0196
=1.18 %

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.


ACRES Commercial Realty Asset Turnover Related Terms

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


ACRES Commercial Realty (ACRES Commercial Realty) Business Description

Traded in Other Exchanges
Address
390 RXR Plaza, Uniondale, New York, NY, USA, 11556
ACRES Commercial Realty Corp is a commercial real estate investment trust that focuses on real-estate-related assets and, to a lesser extent, commercial finance assets. The company invests in commercial real-estate-related assets, including whole loans, A notes, B notes, mezzanine loans, and mortgage-related securities, as well as commercial finance assets, which include other asset-backed securities, senior secured corporate loans, equipment leases and notes, trust preferred securities, debt tranches of collateralize debt obligations, and private equity investments mainly issued by financial institutions.
Executives
Eagle Point Dif Gp I Llc 10 percent owner 600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Eagle Point Credit Management Llc 10 percent owner 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Dawanna Williams director 865 MERRICK AVE, SUITE 200 S, WESTBURY NY 11590
Karen K Edwards director C/O ARBOR REALTY TRUST, 333 EARLE OVINGTON BOULEVARD, SUITE 900, UNIONDALE NY 11553
Jaclyn Jesberger officer: SVP, CLO & Secretary 865 MERRICK AVENUE, SUITE 200S, WESTBURY NY 11590
Mark S Fogel director, officer: CEO and President 865 MERRICK AVE, SUITE 200 S, WESTBURY NY 11590
Andrew Fentress director 865 MERRICK AVE, SUITE 200 S, WESTBURY NY 11590
Gary Ickowicz director C/O RESOURCE AMERICA, INC., 1845 WALNUT STREET, 18TH FLOOR, PHILADELPHIA PA 19103
Thomas C Elliott officer: EVP 1845 WALNUT STREET, 18TH FLOOR, PHILADELPHIA PA 19103
Eldron C Blackwell officer: VP & CAO C/O RESOURCE AMERICA, INC., 1845 WALNUT STREET, 18TH FLOOR, PHILADELPHIA PA 19103
Matthew J Stern officer: President C/O ISLAND CAPITAL GROUP, LLC, 717 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10022
Paul A Hughson officer: EVP C/O ISLAND CAPITAL GROUP, LLC, 717 5TH AVENUE, 18TH FLOOR, NEW YORK NY 10022
David J Bryant officer: SVP, CFO & Tresurer C/O RESOURCE AMERICA, INC., 1845 WALNUT STREET, 18TH FLOOR, PHILADEPHIA PA 19103
Andrew L Farkas director C/O ISLAND CAPITAL GROUP, LLC, 717 5TH AVENUE, 18TH FLOOR, NEW YORK NY 10022
Stephanie H. Wiggins director C/O RESOURCE AMERICA, INC., 1845 WALNUT STREET, 18TH FLOOR, PHILADELPHIA PA 19103