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Caesars Acquisition Co (Caesars Acquisition Co) Asset Turnover : 0.00 (As of Jun. 2017)


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What is Caesars Acquisition Co Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Caesars Acquisition Co's Revenue for the three months ended in Jun. 2017 was $0.00 Mil. Caesars Acquisition Co's Total Assets for the quarter that ended in Jun. 2017 was $1,801.70 Mil. Therefore, Caesars Acquisition Co's Asset Turnover for the quarter that ended in Jun. 2017 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Caesars Acquisition Co's annualized ROE % for the quarter that ended in Jun. 2017 was -0.63%. It is also linked to ROA % through Du Pont Formula. Caesars Acquisition Co's annualized ROA % for the quarter that ended in Jun. 2017 was -0.60%.


Caesars Acquisition Co Asset Turnover Historical Data

The historical data trend for Caesars Acquisition 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.

* Premium members only.

Caesars Acquisition Co Asset Turnover Chart

Caesars Acquisition Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Asset Turnover
Get a 7-Day Free Trial 0.33 - - - -

Caesars Acquisition Co Quarterly Data
Dec11 Sep12 Dec12 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 - - - - -

Competitive Comparison of Caesars Acquisition Co's Asset Turnover

For the Resorts & Casinos subindustry, Caesars Acquisition 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.


Caesars Acquisition Co's Asset Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Caesars Acquisition Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Caesars Acquisition Co's Asset Turnover falls into.



Caesars Acquisition Co Asset Turnover Calculation

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

Caesars Acquisition Co's Asset Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=0/( (1137.4+1821.5)/ 2 )
=0/1479.45
=0.00

Caesars Acquisition Co's Asset Turnover for the quarter that ended in Jun. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2017 )/( (Total Assets (Q: Mar. 2017 )+Total Assets (Q: Jun. 2017 ))/ count )
=0/( (1803.1+1800.3)/ 2 )
=0/1801.7
=0.00

* 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.


Caesars Acquisition Co  (NAS:CACQ) Asset Turnover Explanation

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

Caesars Acquisition Co's annulized ROE % for the quarter that ended in Jun. 2017 is

ROE %**(Q: Jun. 2017 )
=Net Income/Total Stockholders Equity
=-10.8/1705
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-10.8 / 0)*(0 / 1801.7)*(1801.7/ 1705)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0567
=ROA %*Equity Multiplier
=-0.60 %*1.0567
=-0.63 %

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

Caesars Acquisition Co's annulized ROA % for the quarter that ended in Jun. 2017 is

ROA %(Q: Jun. 2017 )
=Net Income/Total Assets
=-10.8/1801.7
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-10.8 / 0)*(0 / 1801.7)
=Net Margin %*Asset Turnover
= %*0
=-0.60 %

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


Caesars Acquisition Co Asset Turnover Related Terms

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Caesars Acquisition Co (Caesars Acquisition Co) Business Description

Traded in Other Exchanges
N/A
Address
Caesars Acquisition Co operates in a casino and entertainment industry. It operates through two segments namely Interactive Entertainment, and Casino Properties and Developments. The Interactive Entertainment segment offers social and mobile games comprising Slotomania, House of Fun Slots, Bingo Blitz that are played on various social and mobile third-party platforms and Casino Properties and Developments segment holds interest in Planet Hollywood and Acquired Properties which consist of hotel, food, beverage, entertainment, parking amenities, and gaming facility operations. The business of the group is functioned through the regions of North America, South America, Europe, and rest of the world. The majority of revenue is derived from the United States and Israel region.
Executives
Dhiren R. Fonseca director C/O NORTHWEST RETAIL PARTNERS, LTD., 224 WESTLAKE AVE N, SUITE 500, SEATTLE WA 98109
Marc A Beilinson director 10100 SANTA MONICA BLVD STE. 1100, LOS ANGELES CA 90067
Don R Kornstein director DON R KORNSTEIN, 825 LAKESHORE BLVD, INCLINE VILLAGE NV 89451
Troy J Vanke officer: Chief Accounting Officer C/O PLAYTIKA LTD., HACHOSHLIM ST 8, HERZLIYA PITUARCH L3 4672408
Philip Robert Erlanger director C/O ARES MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Mitchell Alan Garber officer: President and CEO ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
David Sambur director 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Marc J Rowan director APOLLO ADVISORS LP, 1301 AVE OF THE AMERICAS, NEW YORK NY 10019
Karl Mr. Peterson director 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102

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