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AdTheorent Holding Co (AdTheorent Holding Co) Asset Turnover : 0.18 (As of Mar. 2024)


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What is AdTheorent Holding Co Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. AdTheorent Holding Co's Revenue for the three months ended in Mar. 2024 was $34.9 Mil. AdTheorent Holding Co's Total Assets for the quarter that ended in Mar. 2024 was $198.9 Mil. Therefore, AdTheorent Holding Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.18.

Asset Turnover is linked to ROE % through Du Pont Formula. AdTheorent Holding Co's annualized ROE % for the quarter that ended in Mar. 2024 was -24.49%. It is also linked to ROA % through Du Pont Formula. AdTheorent Holding Co's annualized ROA % for the quarter that ended in Mar. 2024 was -19.82%.


AdTheorent Holding Co Asset Turnover Historical Data

The historical data trend for AdTheorent Holding Co'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.

AdTheorent Holding Co Asset Turnover Chart

AdTheorent Holding Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
1.03 1.01 0.98 0.82 0.86

AdTheorent Holding Co Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.18 0.21 0.22 0.30 0.18

Competitive Comparison of AdTheorent Holding Co's Asset Turnover

For the Advertising Agencies subindustry, AdTheorent Holding Co'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.


AdTheorent Holding Co's Asset Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, AdTheorent Holding Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where AdTheorent Holding Co's Asset Turnover falls into.



AdTheorent Holding Co Asset Turnover Calculation

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

AdTheorent Holding Co'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 )
=170.809/( (190.604+206.096)/ 2 )
=170.809/198.35
=0.86

AdTheorent Holding Co's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=34.857/( (206.096+191.635)/ 2 )
=34.857/198.8655
=0.18

* 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.


AdTheorent Holding Co  (NAS:ADTH) Asset Turnover Explanation

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

AdTheorent Holding Co's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-39.408/160.9075
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-39.408 / 139.428)*(139.428 / 198.8655)*(198.8655/ 160.9075)
=Net Margin %*Asset Turnover*Equity Multiplier
=-28.26 %*0.7011*1.2359
=ROA %*Equity Multiplier
=-19.82 %*1.2359
=-24.49 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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:

AdTheorent Holding Co's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-39.408/198.8655
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-39.408 / 139.428)*(139.428 / 198.8655)
=Net Margin %*Asset Turnover
=-28.26 %*0.7011
=-19.82 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


AdTheorent Holding Co Asset Turnover Related Terms

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AdTheorent Holding Co (AdTheorent Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
330 Hudson Street, 13th Floor, New York, NY, USA, NY 10013
AdTheorent Holding Co Inc is a digital media platform that focuses on performance-first, privacy-forward methods to execute programmatic digital advertising campaigns, serving both advertising agency and brand customers. Geographically it serves Canada, the United Kingdom and Others. Key revenue is earned from the United States.
Executives
Shuangxiu Yu director 330 HUDSON STREET, 13TH FLOOR, NEW YORK NY 10013
Joshua David Walsh officer: Chief Innovation Officer 330 HUDSON STREET, 13TH FLOOR, NEW YORK NY 10013
Patrick Allen Elliott officer: Chief Financial Officer C/O ADTHEORENT HOLDING COMPANY, INC., 330 HUDSON STREET, 13TH FLOOR, NEW YORK NY 10013
Andrew L Anderson officer: Chief Technology Officer 330 HUDSON STREET, 13TH, NEW YORK NY 10013
William James Todd officer: Chief Revenue Officer 330 HUDSON STREET, 13TH, NEW YORK NY 10013
Charles Jordan officer: Secretary and Vice President 330 HUDSON STREET, 13TH FLOOR, NEW YORK NY 10013
H.i.g. Growth - Adtheorent, Llc 10 percent owner 1450 BRICKELL AVENUE, 31ST FLOOR, MIAMI FL 33131
James A Lawson director, officer: Chief Executive Officer 330 HUDSON STREET, 13TH FLOOR, NEW YORK NY 10013
Vineet Mehra director 330 HUDSON STREET, 13TH FLOOR, NEW YORK NY 10013
Theodore L Koenig director, 10 percent owner, officer: Chief Executive Officer C/O MONROE CAPITAL CORPORATION, 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606
Richard Boghosian director 330 HUDSON STREET, 13TH FLOOR, NEW YORK NY 10013
Ben Tatta director 330 HUDSON STREET, 13TH FLOOR, NEW YORK NY 10013
Kihara Kiarie director 330 HUDSON STREET, 13TH FLOOR, NEW YORK NY 10013
Eric Tencer director 330 HUDSON STREET, 13TH FLOOR, NEW YORK NY 10013
Zia Uddin director 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606