GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » ATI Physical Therapy Inc (OTCPK:ATIP) » Definitions » Asset Turnover

ATIP (ATI Physical Therapy) Asset Turnover : 0.20 (As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is ATI Physical Therapy Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. ATI Physical Therapy's Revenue for the three months ended in Dec. 2024 was $193.5 Mil. ATI Physical Therapy's Total Assets for the quarter that ended in Dec. 2024 was $962.7 Mil. Therefore, ATI Physical Therapy's Asset Turnover for the quarter that ended in Dec. 2024 was 0.20.

Asset Turnover is linked to ROE % through Du Pont Formula. ATI Physical Therapy's annualized ROE % for the quarter that ended in Dec. 2024 was 14.25%. It is also linked to ROA % through Du Pont Formula. ATI Physical Therapy's annualized ROA % for the quarter that ended in Dec. 2024 was -2.53%.


ATI Physical Therapy Asset Turnover Historical Data

The historical data trend for ATI Physical Therapy'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.

ATI Physical Therapy Asset Turnover Chart

ATI Physical Therapy Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial 0.23 0.30 0.48 0.67 0.77

ATI Physical Therapy Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 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 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 0.18 0.18 0.19 0.19 0.20

Competitive Comparison of ATI Physical Therapy's Asset Turnover

For the Medical Care Facilities subindustry, ATI Physical Therapy'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.


ATI Physical Therapy's Asset Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, ATI Physical Therapy's Asset Turnover distribution charts can be found below:

* The bar in red indicates where ATI Physical Therapy's Asset Turnover falls into.


;
;

ATI Physical Therapy Asset Turnover Calculation

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

ATI Physical Therapy'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 )
=753.064/( (1003.281+958.116)/ 2 )
=753.064/980.6985
=0.77

ATI Physical Therapy'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 )
=193.493/( (967.281+958.116)/ 2 )
=193.493/962.6985
=0.20

* 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.


ATI Physical Therapy  (OTCPK:ATIP) Asset Turnover Explanation

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

ATI Physical Therapy's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-24.396/-171.174
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-24.396 / 773.972)*(773.972 / 962.6985)*(962.6985/ -171.174)
=Net Margin %*Asset Turnover*Equity Multiplier
=-3.15 %*0.804*-5.6241
=ROA %*Equity Multiplier
=-2.53 %*-5.6241
=14.25 %

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:

ATI Physical Therapy's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-24.396/962.6985
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-24.396 / 773.972)*(773.972 / 962.6985)
=Net Margin %*Asset Turnover
=-3.15 %*0.804
=-2.53 %

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.


ATI Physical Therapy Asset Turnover Related Terms

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


ATI Physical Therapy Business Description

Traded in Other Exchanges
N/A
Address
790 Remington Boulevard, Bolingbrook, IL, USA, 60440
ATI Physical Therapy Inc is a recognized outpatient physical therapy provider in the United States specializing in outpatient rehabilitation and adjacent healthcare services. It offer a variety of services within the clinics, including physical therapy to treat spine, shoulder, knee and neck injuries or pain; work injury rehabilitation services, including work conditioning and work hardening; hand therapy; and other specialized treatment services.
Executives
Advent International Gp, Llc 10 percent owner 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Omi Partnership Holdings Ltd. 10 percent owner C/O ONEX CORPORATION, 161 BAY STREET P.O. BOX 700, TORONTO A6 M5J 2S1
Marathon Asset Management Lp 10 percent owner ONE BRYANT PARK, 38TH FLOOR, NEW YORK NY 10036
Knighthead Master Fund Lp 10 percent owner MOURANT OZANNES CORP. SVCS. CAYMAN LTD, 94 SOLARIS AVENUE, CAMANA BAY, GRAND CAYMAN E9 KY1-1108
Marathon Stepstone Master Fund Lp 10 percent owner C/O MARATHON ASSET MANAGEMENT, L.P., ONE BRYANT PARK, 38TH FLOOR, NEW YORK NY 10036
Marathon Distressed Credit Master Fund 10 percent owner C/O MARATHON ASSET MANAGEMENT, L.P., ONE BRYANT PARK, 38TH FLOOR, NEW YORK NY 10036
Louis Hanover 10 percent owner C/O MARATHON ASSET MANAGEMENT, L.P., ONE BRYANT PARK, 38TH FLOOR, NEW YORK NY 10036
Randy Raisman director 790 REMINGTON BOULEVARD, BOLINGBROOK, IL 60440
Onex Capital Solutions Gp, Llc 10 percent owner C/O ONEX CREDIT MANAGEMENT LLC, 930 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Onex Capital Solutions Gp, Lp 10 percent owner C/O ONEX CREDIT MANAGEMENT LLC, 930 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Onex Capital Solutions Holdings, Lp 10 percent owner C/O ONEX CREDIT MANAGEMENT LLC, 930 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ 07632
Khsu Spv Lp Llc 10 percent owner 280 PARK AVENUE, 22ND FLOOR, NEW YORK NY 10017
Kh Ankle Llc 10 percent owner 280 PARK AVENUE, 22ND FLOOR, NEW YORK NY 10017
Knighthead Annuity & Life Assurance Co 10 percent owner 280 PARK AVENUE, 22ND FLOOR, NEW YORK NY 10017
Knighthead (ny) Fund, Lp 10 percent owner 280 PARK AVENUE, 22ND FLOOR, NEW YORK NY 10017