AONC (American Oncology Network) Asset Turnover: 1.14 (As of Dec. 2024)


AONC American Oncology Network Inc AONC
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What is American Oncology Network Asset Turnover?

American Oncology Network AONC 20 Asset Turnover is 1.14 as of Dec. 2024. GuruFocus rates AONC with a GF Score™ of 20/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. American Oncology Network's Revenue for the three months ended in Dec. 2024 was $491 Mil. American Oncology Network's Total Assets for the quarter that ended in Dec. 2024 was $433 Mil. Therefore, American Oncology Network's Asset Turnover for the quarter that ended in Dec. 2024 was 1.14.

Asset Turnover is linked to ROE % through Du Pont Formula. American Oncology Network's annualized ROE % for the quarter that ended in Dec. 2024 was -52.46%. It is also linked to ROA % through Du Pont Formula. American Oncology Network's annualized ROA % for the quarter that ended in Dec. 2024 was 1.22%.


American Oncology Network  (OTCPK:AONC) Asset Turnover Explanation

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

American Oncology Network's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=5.264/-10.0345
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5.264 / 1963.536)*(1963.536 / 432.5695)*(432.5695/ -10.0345)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.27 %*4.5392*-43.1082
=ROA %*Equity Multiplier
=1.22 %*-43.1082
=-52.46 %

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

American Oncology Network's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=5.264/432.5695
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5.264 / 1963.536)*(1963.536 / 432.5695)
=Net Margin %*Asset Turnover
=0.27 %*4.5392
=1.22 %

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


American Oncology Network Asset Turnover Related Terms


American Oncology Network Asset Turnover Historical Data

* Premium members only.

The historical data trend for American Oncology Network'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.

American Oncology Network Asset Turnover Chart

American Oncology Network Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
0.00 3.80 4.00 3.65 4.17

American Oncology Network Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.84 0.92 1.02 1.14 1.14

AONC vs TOI, AUNA, AGL: Asset Turnover Comparison

For the Medical Care Facilities subindustry, American Oncology Network'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 Oncology Network Asset Turnover vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, American Oncology Network's Asset Turnover distribution charts can be found below:

* The bar in red indicates where American Oncology Network's Asset Turnover falls into.


AONC
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American Oncology Network Asset Turnover Calculation

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

American Oncology Network's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=1759.484/( (374.453+470.328)/ 2 )
=1759.484/422.3905
=4.17

American Oncology Network's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=490.884/( (394.811+470.328)/ 2 )
=490.884/432.5695
=1.13

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 1.14 mean?
American Oncology Network (AONC) has a Asset Turnover of 1.14 as of Dec. 2024. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on American Oncology Network and its competitors.
Is American Oncology Network's Asset Turnover too high?
American Oncology Network's current Asset Turnover is 1.14. Overall, American Oncology Network has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does American Oncology Network's Asset Turnover compare to TOI and AUNA?
American Oncology Network's Asset Turnover of 1.14 can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Healthcare Providers & Services company?
A good Asset Turnover depends on the Healthcare Providers & Services industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on American Oncology Network and its competitors. American Oncology Network's current Asset Turnover is 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Oncology Network stock overvalued right now?
American Oncology Network (AONC) has a current Asset Turnover of 1.14. The current Asset Turnover is 1.14. American Oncology Network's overall GF Score™ is 20/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For American Oncology Network (AONC), the current Asset Turnover is 1.14 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

American Oncology Network Business Description

Address 14543 Global Parkway, Suite 110, Fort Myers, FL, USA, 33913
American Oncology Network Inc through its subsidiary companies and variable interest entities, is an alliance of physicians and seasoned healthcare leaders who provide comprehensive oncology services across 37 oncology practices located in twenty states. The Company also provides expertise in drug procurement and payor contracting, along with practice diversification through centralized laboratory and pathology services, as well as specialty pharmacy services, clinical research, radiation oncology, and imaging.
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