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CatchMark Timber Trust (CatchMark Timber Trust) Asset Turnover : 0.05 (As of Jun. 2022)


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What is CatchMark Timber Trust Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. CatchMark Timber Trust's Revenue for the three months ended in Jun. 2022 was $24.56 Mil. CatchMark Timber Trust's Total Assets for the quarter that ended in Jun. 2022 was $510.90 Mil. Therefore, CatchMark Timber Trust's Asset Turnover for the quarter that ended in Jun. 2022 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. CatchMark Timber Trust's annualized ROE % for the quarter that ended in Jun. 2022 was -9.09%. It is also linked to ROA % through Du Pont Formula. CatchMark Timber Trust's annualized ROA % for the quarter that ended in Jun. 2022 was -3.56%.


CatchMark Timber Trust Asset Turnover Historical Data

The historical data trend for CatchMark Timber Trust'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.

CatchMark Timber Trust Asset Turnover Chart

CatchMark Timber Trust Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.13 0.15 0.16 0.18

CatchMark Timber Trust Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.05 0.04 0.04 0.05 0.05

Competitive Comparison of CatchMark Timber Trust's Asset Turnover

For the REIT - Specialty subindustry, CatchMark Timber Trust'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.


CatchMark Timber Trust's Asset Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, CatchMark Timber Trust's Asset Turnover distribution charts can be found below:

* The bar in red indicates where CatchMark Timber Trust's Asset Turnover falls into.



CatchMark Timber Trust Asset Turnover Calculation

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

CatchMark Timber Trust's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=102.161/( (607.328+507.31)/ 2 )
=102.161/557.319
=0.18

CatchMark Timber Trust's Asset Turnover for the quarter that ended in Jun. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Jun. 2022 ))/ count )
=24.559/( (506.433+515.367)/ 2 )
=24.559/510.9
=0.05

* 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.


CatchMark Timber Trust  (NYSE:CTT) Asset Turnover Explanation

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

CatchMark Timber Trust's annulized ROE % for the quarter that ended in Jun. 2022 is

ROE %**(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=-18.192/200.241
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-18.192 / 98.236)*(98.236 / 510.9)*(510.9/ 200.241)
=Net Margin %*Asset Turnover*Equity Multiplier
=-18.52 %*0.1923*2.5514
=ROA %*Equity Multiplier
=-3.56 %*2.5514
=-9.09 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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:

CatchMark Timber Trust's annulized ROA % for the quarter that ended in Jun. 2022 is

ROA %(Q: Jun. 2022 )
=Net Income/Total Assets
=-18.192/510.9
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-18.192 / 98.236)*(98.236 / 510.9)
=Net Margin %*Asset Turnover
=-18.52 %*0.1923
=-3.56 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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.


CatchMark Timber Trust Asset Turnover Related Terms

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


CatchMark Timber Trust (CatchMark Timber Trust) Business Description

Traded in Other Exchanges
N/A
Address
5 Concourse Parkway, Suite 2650, Atlanta, GA, USA, 30328
CatchMark Timber Trust Inc is a United States-based real estate investment trust. The company acquires, owns, operates, manages, and disposes of timberland properties. The company's operating segments are Harvest, Real Estate, and Investment Management. The majority of its revenue comes from the Harvest segment, which includes wholly-owned timber assets and associated timber sales.
Executives
Brian M Davis officer: Senior VP and CFO 5 CONCOURSE PARKWAY, SUITE 2650 ATLANTA GA 30328
Ursula Godoy-arbelaez officer: CFO, SVP and Treasurer 5 CONCOURSE PARKWAY, SUITE 2650 ATLANTA GA 30328
James M Decosmo director 5 CONCOURSE PARKWAY, SUITE 2650, ATLANTA GA 30328
Tim E Bentsen director 5 CONCOURSE PARKWAY, SUITE 2650, ATLANTA GA 30328
Donald S Moss director 9165 ETCHING OVERLOOK, DULUTH GA 30097
Henry G Zigtema director 2620 FLINT CREEK DRIVE CUMMING GA 30041
Jerry Barag officer: President & CEO 427 LANGLEY OAK DRIVE MARIETTA GA 30067
Todd Reitz officer: SVP, Forest Resources 4870 HANSARD DR CUMMING GA 30040
Paul S Fisher director
Lesley H Solomon officer: General Counsel 1666 DUNCAN DRIVE ATLANTA GA 30318
Mary E Mcbride director 6199 E. PRINCETON CIRCLE, ENGLEWOOD CO 80111
Douglas Rubenstein director C/O CATCHMARK TIMBER TRUST INC. 5 CONCOURSE PARKWAY, SUITE 2650 ATLANTA GA 30328
John F Rasor officer: COO and Secretary
Willis J Potts director C/O CATCHMARK TIMBER TRUST, INC. 5 CONCOURSE PARKWAY, SUITE 2650 ATLANTA GA 30328
Alan D Gold director 17140 BERNARDO CENTER DRIVE, SUITE 195, SAN DIEGO CA 92128

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