BRRE (Blue Ridge Real Estate Co) Asset Turnover: 0.04 (As of Apr. 2017)


What is Blue Ridge Real Estate Co Asset Turnover?

Blue Ridge Real Estate Co BRRE Asset Turnover is 0.04 as of Apr. 2017.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Blue Ridge Real Estate Co's Revenue for the three months ended in Apr. 2017 was $1.25 Mil. Blue Ridge Real Estate Co's Total Assets for the quarter that ended in Apr. 2017 was $30.74 Mil. Therefore, Blue Ridge Real Estate Co's Asset Turnover for the quarter that ended in Apr. 2017 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Blue Ridge Real Estate Co's annualized ROE % for the quarter that ended in Apr. 2017 was -9.24%. It is also linked to ROA % through Du Pont Formula. Blue Ridge Real Estate Co's annualized ROA % for the quarter that ended in Apr. 2017 was -5.62%.


Blue Ridge Real Estate Co  (OTCPK:BRRE) Asset Turnover Explanation

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

Blue Ridge Real Estate Co's annulized ROE % for the quarter that ended in Apr. 2017 is

ROE %**(Q: Apr. 2017 )
=Net Income/Total Stockholders Equity
=-1.728/18.7035
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.728 / 4.984)*(4.984 / 30.7395)*(30.7395/ 18.7035)
=Net Margin %*Asset Turnover*Equity Multiplier
=-34.67 %*0.1621*1.6435
=ROA %*Equity Multiplier
=-5.62 %*1.6435
=-9.24 %

Note: The Net Income data used here is four times the quarterly (Apr. 2017) net income data. The Revenue data used here is four times the quarterly (Apr. 2017) 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:

Blue Ridge Real Estate Co's annulized ROA % for the quarter that ended in Apr. 2017 is

ROA %(Q: Apr. 2017 )
=Net Income/Total Assets
=-1.728/30.7395
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.728 / 4.984)*(4.984 / 30.7395)
=Net Margin %*Asset Turnover
=-34.67 %*0.1621
=-5.62 %

Note: The Net Income data used here is four times the quarterly (Apr. 2017) net income data. The Revenue data used here is four times the quarterly (Apr. 2017) 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.


Blue Ridge Real Estate Co Asset Turnover Related Terms


Blue Ridge Real Estate Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Blue Ridge Real Estate 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.

Blue Ridge Real Estate Co Asset Turnover Chart

Blue Ridge Real Estate Co Annual Data
Trend Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.23 0.18 0.12 0.24

Blue Ridge Real Estate Co Quarterly Data
Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
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 0.03 0.09 0.09 0.04 0.04

BRRE vs CHCI: Asset Turnover Comparison

For the Resorts & Casinos subindustry, Blue Ridge Real Estate 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.


Blue Ridge Real Estate Co Asset Turnover vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Blue Ridge Real Estate Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Blue Ridge Real Estate Co's Asset Turnover falls into.



Blue Ridge Real Estate Co Asset Turnover Calculation

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

Blue Ridge Real Estate Co's Asset Turnover for the fiscal year that ended in Oct. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Oct. 2016 )/( (Total Assets (A: Oct. 2015 )+Total Assets (A: Oct. 2016 ))/ count )
=7.344/( (31.163+30.925)/ 2 )
=7.344/31.044
=0.24

Blue Ridge Real Estate Co's Asset Turnover for the quarter that ended in Apr. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Apr. 2017 )/( (Total Assets (Q: Jan. 2017 )+Total Assets (Q: Apr. 2017 ))/ count )
=1.246/( (30.58+30.899)/ 2 )
=1.246/30.7395
=0.04

* 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 0.04 mean?
Blue Ridge Real Estate Co (BRRE) has a Asset Turnover of 0.04 as of Apr. 2017. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Blue Ridge Real Estate Co and its competitors.
Is Blue Ridge Real Estate Co's Asset Turnover too high?
Blue Ridge Real Estate Co's current Asset Turnover is 0.04.
How does Blue Ridge Real Estate Co's Asset Turnover compare to CHCI?
Blue Ridge Real Estate Co's Asset Turnover of 0.04 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Asset Turnover depends on the Travel & Leisure 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 Blue Ridge Real Estate Co and its competitors. Blue Ridge Real Estate Co's current Asset Turnover is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Ridge Real Estate Co stock overvalued right now?
Blue Ridge Real Estate Co (BRRE) has a current Asset Turnover of 0.04. The current Asset Turnover is 0.04. 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 Blue Ridge Real Estate Co (BRRE), the current Asset Turnover is 0.04 as of Apr. 2017. 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.

Blue Ridge Real Estate Co Business Description

Address 5 Blue Ridge Court, P.O. Box 707, Blakeslee, PA, USA, 18610
Blue Ridge Real Estate Co is engaged in real estate development and land sales. The company operates in three segments: resort operations, including amenities around Big Boulder Lake such as the Boulder View Tavern, Boulder Lake Club, the Jack Frost National Golf Course, and The Stretch fishing club; real estate management and rental operations, which involve leasing investment properties, providing services to resort residential community trusts, and signboard rentals; and land resource management, covering land sales and purchases, timber operations, real estate development, and leasing of land and land improvements. The majority of the company's revenue is derived from the Resort operations segment.