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Forest City Realty Trust (Forest City Realty Trust) Asset Turnover : 0.03 (As of Sep. 2018)


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What is Forest City 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. Forest City Realty Trust's Revenue for the three months ended in Sep. 2018 was $218.2 Mil. Forest City Realty Trust's Total Assets for the quarter that ended in Sep. 2018 was $8,232.4 Mil. Therefore, Forest City Realty Trust's Asset Turnover for the quarter that ended in Sep. 2018 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Forest City Realty Trust's annualized ROE % for the quarter that ended in Sep. 2018 was 46.16%. It is also linked to ROA % through Du Pont Formula. Forest City Realty Trust's annualized ROA % for the quarter that ended in Sep. 2018 was 21.73%.


Forest City Realty Trust Asset Turnover Historical Data

The historical data trend for Forest City 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.

Forest City Realty Trust Asset Turnover Chart

Forest City Realty Trust Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Dec14 Dec15 Dec16 Dec17
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.10 0.10 0.10 0.11

Forest City Realty Trust Quarterly Data
Oct13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.03 0.03 0.03 0.03 0.03

Competitive Comparison of Forest City Realty Trust's Asset Turnover

For the REIT - Retail subindustry, Forest City 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.


Forest City Realty Trust's Asset Turnover Distribution in the REITs Industry

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

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



Forest City Realty Trust Asset Turnover Calculation

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

Forest City Realty Trust's Asset Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2017 )/( (Total Assets (A: Dec. 2016 )+Total Assets (A: Dec. 2017 ))/ count )
=911.926/( (8228.597+8063.287)/ 2 )
=911.926/8145.942
=0.11

Forest City Realty Trust's Asset Turnover for the quarter that ended in Sep. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2018 )/( (Total Assets (Q: Jun. 2018 )+Total Assets (Q: Sep. 2018 ))/ count )
=218.23/( (7888.508+8576.346)/ 2 )
=218.23/8232.427
=0.03

* 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.


Forest City Realty Trust  (NYSE:FCE.A) Asset Turnover Explanation

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

Forest City Realty Trust's annulized ROE % for the quarter that ended in Sep. 2018 is

ROE %**(Q: Sep. 2018 )
=Net Income/Total Stockholders Equity
=1788.692/3874.6085
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1788.692 / 872.92)*(872.92 / 8232.427)*(8232.427/ 3874.6085)
=Net Margin %*Asset Turnover*Equity Multiplier
=204.91 %*0.106*2.1247
=ROA %*Equity Multiplier
=21.73 %*2.1247
=46.16 %

Note: The Net Income data used here is four times the quarterly (Sep. 2018) net income data. The Revenue data used here is four times the quarterly (Sep. 2018) 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:

Forest City Realty Trust's annulized ROA % for the quarter that ended in Sep. 2018 is

ROA %(Q: Sep. 2018 )
=Net Income/Total Assets
=1788.692/8232.427
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1788.692 / 872.92)*(872.92 / 8232.427)
=Net Margin %*Asset Turnover
=204.91 %*0.106
=21.73 %

Note: The Net Income data used here is four times the quarterly (Sep. 2018) net income data. The Revenue data used here is four times the quarterly (Sep. 2018) 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.


Forest City Realty Trust Asset Turnover Related Terms

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


Forest City Realty Trust (Forest City Realty Trust) Business Description

Traded in Other Exchanges
N/A
Address
Forest City Realty Trust Inc is engaged in the ownership, development, management and acquisition of commercial and residential real estate and land throughout the United States. The company's segments include the Commercial Group, Residential Group, Land Development Group and Corporate Activities. It operates mixed-use projects such as residential rental properties, regional malls, specialty/urban retail centers, office and life science buildings and others. In addition, it also engaged in acquiring and sale of both land and developed lots to residential, commercial and industrial clients. Revenue for the group is derived from the source of rental, service and management fees and land sales.
Executives
Kenneth J Bacon director 5404 WISCONSIN AVENUE, SUITE 410, CHEVY CHASE MD 20815
Robert A Schriesheim director 3333 BEVERLY ROAD, HOFFMAN ESTATES IL 60179
Michelle Felman director
Mark S Ordan director 7315 WISCONSIN AVENUE, SUITE #250 WEST, BETHESDA MD 20814
Marran H. Ogilvie director 599 LEXINGTON AVENUE, NEW YORK NY 10022
Z Jamie Behar director 200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618
Deborah Ratnersalzberg officer: Executive Vice President 301 WATER ST SE SUITE 201, WASHINGTON DC 20003
David J Larue director, officer: CEO & President 50 PUBLIC SQUARE SUITE 1100, CLEVELAND OH 44113
Adam S Metz director 110 NORTH WACKER DRIVE, CHICAGO IL 60606
James A Ratner director 50 PUBLIC SQUARE SUITE 1100, CLEVELAND OH 44113
Jerome J. Lande director 1 WORLD TRADE CENTER, 85TH FLOOR, NEW YORK NY 10007
Arthur F Anton other: Former Director 29500 SOLON ROAD, SOLON OH 44139
Charles A Ratner director, other: See Remarks 50 PUBLIC SQUARE SUITE 1100, CLEVELAND OH 44113
Craig Macnab director C/O JDN PEALTY CORP, 359 EAST PACES FERRY RD, ATLANTA GA 30305
Scott S Cowen director 7=6823 ST CHARLES AVE, NEW ORLEANS LA 70118