CYXTW (Cyxtera Technologies) Asset Turnover: 0.07 (As of Mar. 2023)


CYXTW Cyxtera Technologies Inc CYXTW
16 GF Score
Price $2.92
! 2 Warning Signs
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What is Cyxtera Technologies Asset Turnover?

Cyxtera Technologies CYXTW 16 Asset Turnover is 0.07 as of Mar. 2023. GuruFocus rates CYXTW with a GF Score™ of 16/100. The stock has 2 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Cyxtera Technologies's Revenue for the three months ended in Mar. 2023 was $196.70 Mil. Cyxtera Technologies's Total Assets for the quarter that ended in Mar. 2023 was $2,916.45 Mil. Therefore, Cyxtera Technologies's Asset Turnover for the quarter that ended in Mar. 2023 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. Cyxtera Technologies's annualized ROE % for the quarter that ended in Mar. 2023 was -580.29%. It is also linked to ROA % through Du Pont Formula. Cyxtera Technologies's annualized ROA % for the quarter that ended in Mar. 2023 was -44.63%.

Cyxtera Technologies  (NAS:CYXTW) Asset Turnover Explanation

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

Cyxtera Technologies's annulized ROE % for the quarter that ended in Mar. 2023 is

ROE %**(Q: Mar. 2023 )
=Net Income/Total Stockholders Equity
=-1301.6/224.3
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1301.6 / 786.8)*(786.8 / 2916.45)*(2916.45/ 224.3)
=Net Margin %*Asset Turnover*Equity Multiplier
=-165.43 %*0.2698*13.0025
=ROA %*Equity Multiplier
=-44.63 %*13.0025
=-580.29 %

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

Cyxtera Technologies's annulized ROA % for the quarter that ended in Mar. 2023 is

ROA %(Q: Mar. 2023 )
=Net Income/Total Assets
=-1301.6/2916.45
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1301.6 / 786.8)*(786.8 / 2916.45)
=Net Margin %*Asset Turnover
=-165.43 %*0.2698
=-44.63 %

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

Cyxtera Technologies Asset Turnover Related Terms

Cyxtera Technologies Asset Turnover Historical Data

* Premium members only.

The historical data trend for Cyxtera Technologies'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.

Cyxtera Technologies Asset Turnover Chart

Cyxtera Technologies Annual Data
Trend Dec20 Dec21 Dec22
Asset Turnover
0.21 0.23 0.25

Cyxtera Technologies Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.06 0.06 0.06 0.06 0.07

CYXTW vs FCCN, GTCH, SASI: Asset Turnover Comparison

For the Information Technology Services subindustry, Cyxtera Technologies'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.

Cyxtera Technologies Asset Turnover vs Software Industry

For the Software industry and Technology sector, Cyxtera Technologies's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Cyxtera Technologies's Asset Turnover falls into.


CYXTW
16GF Score
Cyxtera Technologies Inc CYXTW
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Cyxtera Technologies Asset Turnover Calculation

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

Cyxtera Technologies's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=746/( (2937.2+3063.3)/ 2 )
=746/3000.25
=0.25

Cyxtera Technologies's Asset Turnover for the quarter that ended in Mar. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=196.7/( (3063.3+2769.6)/ 2 )
=196.7/2916.45
=0.07

* 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 0.07 mean?
Cyxtera Technologies (CYXTW) has a Asset Turnover of 0.07 as of Mar. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Cyxtera Technologies and its competitors.
Is Cyxtera Technologies' Asset Turnover too high?
Cyxtera Technologies' current Asset Turnover is 0.07. Overall, Cyxtera Technologies has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Cyxtera Technologies' Asset Turnover compare to FCCN and GTCH?
Cyxtera Technologies' Asset Turnover of 0.07 can be compared against companies in the Software 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 Software company?
A good Asset Turnover depends on the Software 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 Cyxtera Technologies and its competitors. Cyxtera Technologies's current Asset Turnover is 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cyxtera Technologies stock overvalued right now?
Cyxtera Technologies (CYXTW) has a current Asset Turnover of 0.07. The current Asset Turnover is 0.07. Cyxtera Technologies' overall GF Score™ is 16/100 with 2 warning signs to review. 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 Cyxtera Technologies (CYXTW), the current Asset Turnover is 0.07 as of Mar. 2023. 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.

Cyxtera Technologies Business Description

Address 2333 Ponce De Leon Boulevard, Suite 900, Coral Gables, FL, USA, 33134
Cyxtera Technologies Inc is engaged in data center colocation and interconnection services. The company operates a footprint of more than 60 data centers around the world, providing services to more than 2,300 leading enterprises and U.S. federal government agencies. Cyxtera brings proven operational excellence, global scale, flexibility and customer-focused innovation together to provide a comprehensive portfolio of data center and interconnection services.
16GF Score

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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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