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DigitalBridge Group (DigitalBridge Group) Asset Turnover

: -0.06 (As of Dec. 2023)
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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. DigitalBridge Group's Revenue for the three months ended in Dec. 2023 was $-330.8 Mil. DigitalBridge Group's Total Assets for the quarter that ended in Dec. 2023 was $5,217.3 Mil. Therefore, DigitalBridge Group's Asset Turnover for the quarter that ended in Dec. 2023 was -0.06.

Asset Turnover is linked to ROE % through Du Pont Formula. DigitalBridge Group's annualized ROE % for the quarter that ended in Dec. 2023 was 26.33%. It is also linked to ROA % through Du Pont Formula. DigitalBridge Group's annualized ROA % for the quarter that ended in Dec. 2023 was 8.84%.


DigitalBridge Group Asset Turnover Historical Data

The historical data trend for DigitalBridge Group'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.

DigitalBridge Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.02 0.02 0.06 0.11

DigitalBridge Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.02 0.04 0.05 -0.06

Competitive Comparison

For the Real Estate Services subindustry, DigitalBridge Group'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.


DigitalBridge Group Asset Turnover Distribution

For the Real Estate industry and Real Estate sector, DigitalBridge Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where DigitalBridge Group's Asset Turnover falls into.



DigitalBridge Group Asset Turnover Calculation

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

DigitalBridge Group's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=821.383/( (11028.503+3562.55)/ 2 )
=821.383/7295.5265
=0.11

DigitalBridge Group's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-330.79/( (6872.091+3562.55)/ 2 )
=-330.79/5217.3205
=-0.06

* 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.


DigitalBridge Group  (NYSE:DBRG) Asset Turnover Explanation

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

DigitalBridge Group's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=461.068/1750.914
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(461.068 / -1323.16)*(-1323.16 / 5217.3205)*(5217.3205/ 1750.914)
=Net Margin %*Asset Turnover*Equity Multiplier
=-34.85 %*-0.2536*2.9798
=ROA %*Equity Multiplier
=8.84 %*2.9798
=26.33 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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:

DigitalBridge Group's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=461.068/5217.3205
=(Net Income / Revenue)*(Revenue / Total Assets)
=(461.068 / -1323.16)*(-1323.16 / 5217.3205)
=Net Margin %*Asset Turnover
=-34.85 %*-0.2536
=8.84 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


DigitalBridge Group Asset Turnover Related Terms

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DigitalBridge Group (DigitalBridge Group) Business Description

Address
750 Park of Commerce Drive, Suite 210, Boca Raton, FL, USA, 33487
DigitalBridge Group Inc is a developer of alternative asset manager dedicated to investing in digital infrastructure. The company's platform invests in and operates businesses across the digital ecosystem, including cell towers, data centers, fiber, small cells, and edge infrastructure, to provide clients with funds for digital infrastructure real estate infrastructure.
Executives
James Keith Brown director C/O DIGITALBRIDGE GROUP, INC., 750 PARK OF COMMERCE DRIVE, SUITE 210, BOCA RATON FL 33487
Geoffrey Goldschein officer: CLO and Secretary C/O DIGITALBRIDGE GROUP, INC., 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Benjamin J. Jenkins officer: President & CIO C/O DIGITALBRIDGE GROUP, INC., 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Liam Stewart officer: Chief Operating Officer 125 W. 55TH STREET, NEW YORK NY 10019
Marc C Ganzi director, officer: CEO & President 515 SOUTH FLOWER ST, 44TH FLOOR, LOS ANGELES CA 90071
David Tolley director C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Jacky Wu officer: CFO & Treasurer 515 SOUTH FLOWER ST, 44TH FLOOR, LOS ANGELES CA 90071
Sonia Kim officer: Chief Accounting Officer 515 SOUTH FLOWER ST, 44TH FL, C/O COLONY CAPITAL, INC., LOS ANGELES CA 90071
Shaka Rasheed director DIGITALBRIDGE GROUP, INC., 750 PARK OF COMMERCE DRIVE, SUITE 210, BOCA RATON FL 33487
Carter J Braxton Ii director C/O T-MOBILE US, INC., 12920 SE 38TH STREET, BELLEVUE WA 98006
Gregory James Mccray director 422 HANDEL COURT, WHEATON IL 60187
Mark M. Hedstrom officer: Chief Operating Officer C/O COLONY NORTHSTAR, INC., 515 S. FLOWER ST., 44TH FLOOR, LOS ANGELES CA 90071
Ronald M. Sanders officer: Chief Legal Officer C/O COLONY NORTHSTAR, INC., 515 S. FLOWER ST., 44TH FLOOR, LOS ANGELES CA 90071
Jeannie Diefenderfer director C/O MRV COMMUNICATIONS, INC., 20415 NORDHOFF STREET, CHATSWORTH CA 91311
Craig M Hatkoff director ONE WEST 72ND STREET, NEWYORK NY 10023