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GrafTech International (GrafTech International) Asset Turnover : 0.10 (As of Dec. 2023)


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What is GrafTech International Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. GrafTech International's Revenue for the three months ended in Dec. 2023 was $137.1 Mil. GrafTech International's Total Assets for the quarter that ended in Dec. 2023 was $1,386.0 Mil. Therefore, GrafTech International's Asset Turnover for the quarter that ended in Dec. 2023 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. GrafTech International's annualized ROE % for the quarter that ended in Dec. 2023 was -473.75%. It is also linked to ROA % through Du Pont Formula. GrafTech International's annualized ROA % for the quarter that ended in Dec. 2023 was -62.74%.


GrafTech International Asset Turnover Historical Data

The historical data trend for GrafTech International'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.

GrafTech International Asset Turnover Chart

GrafTech International 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 1.18 0.83 0.95 0.85 0.43

GrafTech International 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 0.16 0.09 0.12 0.11 0.10

Competitive Comparison of GrafTech International's Asset Turnover

For the Electrical Equipment & Parts subindustry, GrafTech International'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.


GrafTech International's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, GrafTech International's Asset Turnover distribution charts can be found below:

* The bar in red indicates where GrafTech International's Asset Turnover falls into.



GrafTech International Asset Turnover Calculation

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

GrafTech International'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 )
=620.5/( (1604.178+1288.889)/ 2 )
=620.5/1446.5335
=0.43

GrafTech International'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 )
=137.145/( (1483.145+1288.889)/ 2 )
=137.145/1386.017
=0.10

* 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.


GrafTech International  (NYSE:EAF) Asset Turnover Explanation

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

GrafTech International's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-869.636/183.5625
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-869.636 / 548.58)*(548.58 / 1386.017)*(1386.017/ 183.5625)
=Net Margin %*Asset Turnover*Equity Multiplier
=-158.52 %*0.3958*7.5507
=ROA %*Equity Multiplier
=-62.74 %*7.5507
=-473.75 %

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:

GrafTech International's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-869.636/1386.017
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-869.636 / 548.58)*(548.58 / 1386.017)
=Net Margin %*Asset Turnover
=-158.52 %*0.3958
=-62.74 %

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.


GrafTech International Asset Turnover Related Terms

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


GrafTech International (GrafTech International) Business Description

Traded in Other Exchanges
Address
982 Keynote Circle, Brooklyn Heights, Independence, OH, USA, 44131
GrafTech International Ltd is a producer of specialized graphite electrodes. The electrode is an essential part of the electric arc furnace process used in aluminum smelters and steel minimills. The company operates into one reporting segment namely Industrial Materials. The Industrial Materials segment manufactures high-quality graphite electrodes essential to the production of electric arc furnace steel and other ferrous and non-ferrous metals. It offers graphite electrodes and needle coke products.
Executives
Brookfield Private Funds Holdings Inc. director, 10 percent owner THREE WORLD FINANCIAL CENTER, 200 VESEY STREET, 11TH FLOOR, NEW YORK NY 10281
Bcp Gp Ltd director, 10 percent owner, See Remarks C/O BROOKFIELD ASSET MANAGEMENT INC., BROOKFIELD PLACE, 181 BAY STREET, SUITE, TORONTO A6 M5J2T3
Diego Donoso director 2211 H.H. DOW WAY, MIDLAND MI 48674
Marcel Kessler director, officer: CEO and President 982 KEYNOTE CIRCLE, BROOKLYN HEIGHTS OH 44131
Jean-marc Germain director 982 KEYNOTE CIRCLE, BROOKLYN HEIGHTS OH 44131
Timothy K Flanagan officer: CFO, VP Finance & Treasurer C/O GRAFTECH INTERNATIONAL LTD., 982 KEYNOTE CIRCLE, BROOKLYN HEIGHTS OH 44131
David J. Rintoul director, officer: President and CEO 600 GRANT STREET, SUITE 6100, PITTSBURGH PA 15219
Debra Fine director 590 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10022
Henry R. Keizer director MONTPELIER HOUSE, 94 PITTS BAY ROAD, PEMBROKE D0 HM 08
Leslie D Dunn director
Brookfield Business Partners Ltd director, 10 percent owner 73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM12
Bcp Iv Bermuda Investor Lp director, 10 percent owner 181 BAY STREET, SUITE 300, BROOKFIELD PLACE, TORONTO A6 M5J 2T3
Brookfield Private Equity Group Holdings Lp director, 10 percent owner C/O BROOKFIELD ASSET MANAGEMENT INC., BROOKFIELD PLACE, 181 BAY STREET, SUITE, TORONTO A6 M5J2T3
Brookfield Us Inc. director, 10 percent owner BROOKFIELD PLACE, 250 VESEY STREET, 15TH FLOOR, NEW YORK NY 10281-1023
Brookfield Private Equity Holdings Llc director, 10 percent owner C/O BROOKFIELD ASSET MANAGEMENT INC., BROOKFIELD PLACE, 250 VESEY STREET, NEW YORK NY 10281-1023

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