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BMTM (Bright Mountain Media) Asset Turnover : 0.43 (As of Dec. 2024)


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What is Bright Mountain Media Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Bright Mountain Media's Revenue for the three months ended in Dec. 2024 was $17.08 Mil. Bright Mountain Media's Total Assets for the quarter that ended in Dec. 2024 was $39.98 Mil. Therefore, Bright Mountain Media's Asset Turnover for the quarter that ended in Dec. 2024 was 0.43.

Asset Turnover is linked to ROE % through Du Pont Formula. Bright Mountain Media's annualized ROE % for the quarter that ended in Dec. 2024 was 24.71%. It is also linked to ROA % through Du Pont Formula. Bright Mountain Media's annualized ROA % for the quarter that ended in Dec. 2024 was -37.96%.


Bright Mountain Media Asset Turnover Historical Data

The historical data trend for Bright Mountain Media'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.

Bright Mountain Media Asset Turnover Chart

Bright Mountain Media Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.38 0.64 1.23 1.33

Bright Mountain Media Quarterly Data
Mar20 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 0.34 0.29 0.32 0.37 0.43

Competitive Comparison of Bright Mountain Media's Asset Turnover

For the Internet Content & Information subindustry, Bright Mountain Media'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.


Bright Mountain Media's Asset Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Bright Mountain Media's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Bright Mountain Media's Asset Turnover falls into.


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Bright Mountain Media Asset Turnover Calculation

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

Bright Mountain Media'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 )
=56.681/( (43.417+41.97)/ 2 )
=56.681/42.6935
=1.33

Bright Mountain Media'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 )
=17.079/( (37.98+41.97)/ 2 )
=17.079/39.975
=0.43

* 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.


Bright Mountain Media  (OTCPK:BMTM) Asset Turnover Explanation

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

Bright Mountain Media's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-15.176/-61.424
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-15.176 / 68.316)*(68.316 / 39.975)*(39.975/ -61.424)
=Net Margin %*Asset Turnover*Equity Multiplier
=-22.21 %*1.709*-0.6508
=ROA %*Equity Multiplier
=-37.96 %*-0.6508
=24.71 %

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:

Bright Mountain Media's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-15.176/39.975
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-15.176 / 68.316)*(68.316 / 39.975)
=Net Margin %*Asset Turnover
=-22.21 %*1.709
=-37.96 %

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.


Bright Mountain Media Asset Turnover Related Terms

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


Bright Mountain Media Business Description

Traded in Other Exchanges
N/A
Address
6400 Congress Avenue, Suite 2050, Boca Raton, FL, USA, 33487
Bright Mountain Media Inc is a holding company that focuses on digital publishing and advertising technology. The Company is engaged in content creation and advertising technology development that helps customers connect with, and market to, targeted audiences in high-quality environments using a variety of digital ad formats. It generates revenue through sales of advertising services which generate revenue from advertisements placed on the Company's owned and managed sites, as well as from advertisements placed on partner websites, for which the company earns a share of the revenue.
Executives
Ethan Rudin officer: Chief Financial Officer 1095 BROKEN SOUND PARKWAY, SUITE 300, BOCA RATON FL 33487
Pamela J. Parizek director C/O BRIGHT MOUNTAIN MEDIA, INC., 6400 CONGRESS AVENUE, SUITE 6400, BOCA RATON FL 33487
W Kip Speyer director, 10 percent owner, officer: CEO, PRESIDENT, CHAIRMAN 10361 PARKSTONE WAY, BOCA RATON FL 33498
Charles Pearlman director 1 EAST BROWARD BLVD., FORT LAUDERDALE FL 33301
Dennis W Healey director, officer: CFO, Secretary 14044 ICOT BOULEVARD, CLEARWATER FL 33760
Randolph A Pohlman director 102 S WYNSTONE PARK DR, N BARRINGTON IL 60010
Charles Howard Lichtman director 1098 MARBLE WAY, BOCA RATON FL 33432
Richard M. Rogers director 3707 AMELIA ISLAND LANE, DAVIE FL 33328
Jonathan Thielmann director 126 E. LEE RD., DELRAY BEACH FL 33445
Annette Casacci officer: Chief Financial Officer 3774 PEBBLEBROOK MANOR, COCONUT CREEK FL 33073
Todd Speyer director, officer: Dir. Bus. Dvlpmt/Website Mgr. 9060 CHRYSANTHEMUM DRIVE, BOYNTON BEACH FL 33437
Todd F. Davenport director 48 SALEM ST., SALEM MA 01810
Andrew Handwerker 10 percent owner 4399 PINE TREE DRIVE, BOYNTON BEACH FL 33436