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Del Frisco′s Restaurant Group (Del Frisco′s Restaurant Group) Asset Turnover : 0.15 (As of Jun. 2019)


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What is Del Frisco′s Restaurant Group Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Del Frisco′s Restaurant Group's Revenue for the three months ended in Jun. 2019 was $131.7 Mil. Del Frisco′s Restaurant Group's Total Assets for the quarter that ended in Jun. 2019 was $883.7 Mil. Therefore, Del Frisco′s Restaurant Group's Asset Turnover for the quarter that ended in Jun. 2019 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. Del Frisco′s Restaurant Group's annualized ROE % for the quarter that ended in Jun. 2019 was -12.69%. It is also linked to ROA % through Du Pont Formula. Del Frisco′s Restaurant Group's annualized ROA % for the quarter that ended in Jun. 2019 was -2.90%.


Del Frisco′s Restaurant Group Asset Turnover Historical Data

The historical data trend for Del Frisco′s Restaurant 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.

Del Frisco′s Restaurant Group Asset Turnover Chart

Del Frisco′s Restaurant Group Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Asset Turnover
Get a 7-Day Free Trial Premium Member Only 0.99 1.00 0.76 0.84 0.72

Del Frisco′s Restaurant Group Quarterly Data
Jun13 Dec13 Mar14 Jun14 Dec14 Mar15 Jun15 Dec15 Mar16 Jun16 Dec16 Mar17 Jun17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 0.22 0.20 0.17 0.15 0.15

Competitive Comparison of Del Frisco′s Restaurant Group's Asset Turnover

For the Restaurants subindustry, Del Frisco′s Restaurant 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.


Del Frisco′s Restaurant Group's Asset Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Del Frisco′s Restaurant Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Del Frisco′s Restaurant Group's Asset Turnover falls into.



Del Frisco′s Restaurant Group Asset Turnover Calculation

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

Del Frisco′s Restaurant Group's Asset Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2018 )/( (Total Assets (A: Dec. 2017 )+Total Assets (A: Dec. 2018 ))/ count )
=378.216/( (328.469+726.032)/ 2 )
=378.216/527.2505
=0.72

Del Frisco′s Restaurant Group's Asset Turnover for the quarter that ended in Jun. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2019 )/( (Total Assets (Q: Mar. 2019 )+Total Assets (Q: Jun. 2019 ))/ count )
=131.687/( (870.777+896.618)/ 2 )
=131.687/883.6975
=0.15

* 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.


Del Frisco′s Restaurant Group  (NAS:DFRG) Asset Turnover Explanation

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

Del Frisco′s Restaurant Group's annulized ROE % for the quarter that ended in Jun. 2019 is

ROE %**(Q: Jun. 2019 )
=Net Income/Total Stockholders Equity
=-25.592/201.616
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-25.592 / 526.748)*(526.748 / 883.6975)*(883.6975/ 201.616)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.86 %*0.5961*4.3831
=ROA %*Equity Multiplier
=-2.90 %*4.3831
=-12.69 %

Note: The Net Income data used here is four times the quarterly (Jun. 2019) net income data. The Revenue data used here is four times the quarterly (Jun. 2019) 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:

Del Frisco′s Restaurant Group's annulized ROA % for the quarter that ended in Jun. 2019 is

ROA %(Q: Jun. 2019 )
=Net Income/Total Assets
=-25.592/883.6975
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-25.592 / 526.748)*(526.748 / 883.6975)
=Net Margin %*Asset Turnover
=-4.86 %*0.5961
=-2.90 %

Note: The Net Income data used here is four times the quarterly (Jun. 2019) net income data. The Revenue data used here is four times the quarterly (Jun. 2019) 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.


Del Frisco′s Restaurant Group Asset Turnover Related Terms

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Del Frisco′s Restaurant Group (Del Frisco′s Restaurant Group) Business Description

Traded in Other Exchanges
N/A
Address
2900 Ranch Trail, Irving, TX, USA, 75063
Del Frisco's Restaurant Group Inc owns and operates roughly 50 restaurants under three different names: Del Frisco's Double Eagle Steak House, a fine-dining restaurant that accounts for approximately half of the company's total sales; Sullivan's Steakhouse, a similar concept to Del Frisco's Steak House that offers a lower price point; and Del Frisco's Grille, an upscale casual restaurant with a broader menu that includes less expensive items. The company operates exclusively in the United States. The company purchases beef and seafood at the national level for all of its restaurants; other products are sourced locally by each restaurant's chef.
Executives
Ian Russell Carter director HILTON HOTELS CORPORATION, 9336 CIVIC CENTER DRIVE, BEVERLY HILLS CA 90210
Armistice Capital, Llc 10 percent owner 510 MADISON AVENUE, 7TH FLOOR, NEW YORK NY 10022
Armistice Capital Master Fund Ltd. 10 percent owner C/O ARMISTICE CAPITAL, LLC, 510 MADISON AVENUE, 7TH FLOOR, NEW YORK NY 10022
Steven Boyd 10 percent owner 510 MADISON AVENUE, 7TH FLOOR, NEW YORK NY 10022
David B Barr director 1319 GARRICK WAY, MARIETTA 2Q 30068
Coleman Brandon Charles Iii officer: President, Grille 920 S. KIMBALL AVE., SUITE 100, SOUTHLAKE TX 76092
Joseph E Reece director ONE VALERO WAY, BUILDING D, SUITE 200, SAN ANTONIO TX 78249
Jeff Frank Carcara officer: CEO, Emerging Brands 2900 RANCH TRAIL, IRVING TX 75063
Pennison Thomas J Jr officer: Chief Financial Officer 930 S. KIMBALL AVE., SUITE 100, SOUTHLAKE TX 76092
Fidelity National Financial, Inc. 10 percent owner 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
John P Grayken 10 percent owner 2711 NORTH HASKELL AVENUE SUITE 1700 DALLAS TX 75204
Samuel D Loughlin director, other: Chairman of the Board 12018 SUNRISE VALLEY DRIVE SUITE 600 RESTON VA 20191

Del Frisco′s Restaurant Group (Del Frisco′s Restaurant Group) Headlines

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