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BDVB (Bagger Dave's Burger Tavern) Asset Turnover : 0.26 (As of Dec. 2018)


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What is Bagger Dave's Burger Tavern Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Bagger Dave's Burger Tavern's Revenue for the three months ended in Dec. 2018 was $2.58 Mil. Bagger Dave's Burger Tavern's Total Assets for the quarter that ended in Dec. 2018 was $9.89 Mil. Therefore, Bagger Dave's Burger Tavern's Asset Turnover for the quarter that ended in Dec. 2018 was 0.26.

Asset Turnover is linked to ROE % through Du Pont Formula. Bagger Dave's Burger Tavern's annualized ROE % for the quarter that ended in Dec. 2018 was -13.27%. It is also linked to ROA % through Du Pont Formula. Bagger Dave's Burger Tavern's annualized ROA % for the quarter that ended in Dec. 2018 was -10.48%.


Bagger Dave's Burger Tavern Asset Turnover Historical Data

The historical data trend for Bagger Dave's Burger Tavern'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.

Bagger Dave's Burger Tavern Asset Turnover Chart

Bagger Dave's Burger Tavern Annual Data
Trend Dec15 Dec16 Dec17 Dec18
Asset Turnover
1.23 1.03 1.24 1.07

Bagger Dave's Burger Tavern Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Dec18
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.29 0.28 0.35 0.26

Competitive Comparison of Bagger Dave's Burger Tavern's Asset Turnover

For the Restaurants subindustry, Bagger Dave's Burger Tavern'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.


Bagger Dave's Burger Tavern's Asset Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Bagger Dave's Burger Tavern's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Bagger Dave's Burger Tavern's Asset Turnover falls into.



Bagger Dave's Burger Tavern Asset Turnover Calculation

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

Bagger Dave's Burger Tavern's Asset Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2018 )/( (Total Assets (A: Dec. 2017 )+Total Assets (A: Dec. 2018 ))/ count )
=10.563/( (11.163+8.613)/ 2 )
=10.563/9.888
=1.07

Bagger Dave's Burger Tavern's Asset Turnover for the quarter that ended in Dec. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2018 )/( (Total Assets (Q: Dec. 2017 )+Total Assets (Q: Dec. 2018 ))/ count )
=2.576/( (11.163+8.613)/ 2 )
=2.576/9.888
=0.26

* 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.


Bagger Dave's Burger Tavern  (OTCPK:BDVB) Asset Turnover Explanation

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

Bagger Dave's Burger Tavern's annulized ROE % for the quarter that ended in Dec. 2018 is

ROE %**(Q: Dec. 2018 )
=Net Income/Total Stockholders Equity
=-1.036/7.805
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.036 / 10.304)*(10.304 / 9.888)*(9.888/ 7.805)
=Net Margin %*Asset Turnover*Equity Multiplier
=-10.05 %*1.0421*1.2669
=ROA %*Equity Multiplier
=-10.48 %*1.2669
=-13.27 %

Note: The Net Income data used here is four times the quarterly (Dec. 2018) net income data. The Revenue data used here is four times the quarterly (Dec. 2018) 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:

Bagger Dave's Burger Tavern's annulized ROA % for the quarter that ended in Dec. 2018 is

ROA %(Q: Dec. 2018 )
=Net Income/Total Assets
=-1.036/9.888
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.036 / 10.304)*(10.304 / 9.888)
=Net Margin %*Asset Turnover
=-10.05 %*1.0421
=-10.48 %

Note: The Net Income data used here is four times the quarterly (Dec. 2018) net income data. The Revenue data used here is four times the quarterly (Dec. 2018) 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.


Bagger Dave's Burger Tavern Asset Turnover Related Terms

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Bagger Dave's Burger Tavern Business Description

Traded in Other Exchanges
N/A
Address
405 Main Avenue West, Suite 2D, West Fargo, ND, USA, 58078
Bagger Dave's Burger Tavern Inc is a multi-service ultra-casual restaurant and bar concept. It specializes in locally sourced, fresh prime rib recipe burgers, all-natural lean turkey burgers, hand-cut fries, locally crafted beers on draft, hand-dipped milkshakes, salads, black bean turkey chili, pizza with hot oil, and others. The concept differentiates itself from other establishments by the absence of walk-in freezers and microwaves, substantiating fresh food offerings.

Bagger Dave's Burger Tavern Headlines

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