GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Franklin BSP Realty Trust Inc (NYSE:FBRT) » Definitions » Asset Turnover

Franklin BSP Realty Trust (Franklin BSP Realty Trust) Asset Turnover : 0.02 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Franklin BSP Realty 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. Franklin BSP Realty Trust's Revenue for the three months ended in Mar. 2024 was $135.3 Mil. Franklin BSP Realty Trust's Total Assets for the quarter that ended in Mar. 2024 was $5,991.5 Mil. Therefore, Franklin BSP Realty Trust's Asset Turnover for the quarter that ended in Mar. 2024 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Franklin BSP Realty Trust's annualized ROE % for the quarter that ended in Mar. 2024 was 9.22%. It is also linked to ROA % through Du Pont Formula. Franklin BSP Realty Trust's annualized ROA % for the quarter that ended in Mar. 2024 was 2.40%.


Franklin BSP Realty Trust Asset Turnover Historical Data

The historical data trend for Franklin BSP Realty 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.

Franklin BSP Realty Trust Asset Turnover Chart

Franklin BSP Realty Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only 0.07 0.06 0.04 0.05 0.09

Franklin BSP Realty Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.02 0.03 0.02 0.02 0.02

Competitive Comparison of Franklin BSP Realty Trust's Asset Turnover

For the REIT - Mortgage subindustry, Franklin BSP Realty 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.


Franklin BSP Realty Trust's Asset Turnover Distribution in the REITs Industry

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

* The bar in red indicates where Franklin BSP Realty Trust's Asset Turnover falls into.



Franklin BSP Realty Trust Asset Turnover Calculation

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

Franklin BSP Realty Trust'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 )
=569.527/( (6203.601+5955.18)/ 2 )
=569.527/6079.3905
=0.09

Franklin BSP Realty Trust's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=135.27/( (5955.18+6027.724)/ 2 )
=135.27/5991.452
=0.02

* 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.


Franklin BSP Realty Trust  (NYSE:FBRT) Asset Turnover Explanation

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

Franklin BSP Realty Trust's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=143.68/1558.7455
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(143.68 / 541.08)*(541.08 / 5991.452)*(5991.452/ 1558.7455)
=Net Margin %*Asset Turnover*Equity Multiplier
=26.55 %*0.0903*3.8438
=ROA %*Equity Multiplier
=2.40 %*3.8438
=9.22 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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:

Franklin BSP Realty Trust's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=143.68/5991.452
=(Net Income / Revenue)*(Revenue / Total Assets)
=(143.68 / 541.08)*(541.08 / 5991.452)
=Net Margin %*Asset Turnover
=26.55 %*0.0903
=2.40 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


Franklin BSP Realty Trust Asset Turnover Related Terms

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


Franklin BSP Realty Trust (Franklin BSP Realty Trust) Business Description

Traded in Other Exchanges
Address
1345 Avenue of the Americas, Suite 32A, New York, NY, USA, 10105
Franklin BSP Realty Trust Inc is a private real estate investment trust that originates, acquires, and manages a diversified portfolio of commercial real estate debt, and first mortgage loans. secured by properties located in the United States.
Executives
Michael Comparato officer: President C/O FRANKLIN BSP REALTY TRUST, INC., 1345 AVENUE OF THE AMERICAS, SUITE 32A, NEW YORK NY 10105
Joe Dumars director 1400 SCENIC COURT, BLOOMFIELD HILLS MI 48302
Buford H Ortale director 104 WRAUDMONT BOULEVARD, SUITE 240, NASHVILLE TN 37205
Richard J Byrne director, officer: Chairman, CEO and President 350 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Jerome S. Baglien officer: CFO, COO and Treasurer 9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Michelle P Goolsby director 1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Gary Keiser director 8401 N CENTRAL EXPRESSWAY, STE 800, DALLAS TX 75225
Patsy Joseph Augustine director 8401 N CENTRAL EXPRESSWAY, SUITE 800, DALLAS TX 75225
Jamie Handwerker director 9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Peter J Mcdonough director 405 PARK AVENUE, NEW YORK NY 10022
Elizabeth K. Tuppeny director C/O AMERICAN REALTY CAPITAL PROPERTIES, 405 PARK AVENUE, NEW YORK NY 10022
Matthew Donnelly officer: President and COO 405 PARK AVENUE, NEW YORK NY 10022
Donald R Ramon officer: CFO, Secretary and Treasurer INVESCO LTD., 1555 PEACHTREE STREET NE, ATLANTA GA 30309
William M Kahane director AMERICAN REALTY CAPITAL, 405 PARK AVENUE, NEW YORK NY 10022
Nicholas S Schorsch director, officer: Chairman of Bd. of Dir. & CEO

Franklin BSP Realty Trust (Franklin BSP Realty Trust) Headlines

From GuruFocus

Franklin BSP Realty Trust, Inc. Announces Closing of $1.2 Billion CLO

By Business Wire Business Wire 02-15-2022