FLFG (Federal Life Group) Asset Turnover: 0.02 (As of Mar. 2019)


What is Federal Life Group Asset Turnover?

Federal Life Group FLFG Asset Turnover is 0.02 as of Mar. 2019.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Federal Life Group's Revenue for the three months ended in Mar. 2019 was $4.92 Mil. Federal Life Group's Total Assets for the quarter that ended in Mar. 2019 was $283.30 Mil. Therefore, Federal Life Group's Asset Turnover for the quarter that ended in Mar. 2019 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Federal Life Group's annualized ROE % for the quarter that ended in Mar. 2019 was -1.00%. It is also linked to ROA % through Du Pont Formula. Federal Life Group's annualized ROA % for the quarter that ended in Mar. 2019 was -0.19%.

Federal Life Group  (OTCPK:FLFG) Asset Turnover Explanation

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

Federal Life Group's annulized ROE % for the quarter that ended in Mar. 2019 is

ROE %**(Q: Mar. 2019 )
=Net Income/Total Stockholders Equity
=-0.552/55.042
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.552 / 19.684)*(19.684 / 283.303)*(283.303/ 55.042)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.8 %*0.0695*5.147
=ROA %*Equity Multiplier
=-0.19 %*5.147
=-1.00 %

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

Federal Life Group's annulized ROA % for the quarter that ended in Mar. 2019 is

ROA %(Q: Mar. 2019 )
=Net Income/Total Assets
=-0.552/283.303
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.552 / 19.684)*(19.684 / 283.303)
=Net Margin %*Asset Turnover
=-2.8 %*0.0695
=-0.19 %

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

Federal Life Group Asset Turnover Related Terms

Federal Life Group Asset Turnover Historical Data

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The historical data trend for Federal Life 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.

Federal Life Group Asset Turnover Chart

Federal Life Group Annual Data
Trend Dec16 Dec17 Dec18
Asset Turnover
0.10 0.09 0.08

Federal Life Group Quarterly Data
Dec16 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
Asset Turnover Get a 7-Day Free Trial 0.02 0.02 0.02 0.02 0.02

FLFG vs : Asset Turnover Comparison

For the Insurance - Life subindustry, Federal Life 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.

Federal Life Group Asset Turnover vs Insurance Industry

For the Insurance industry and Financial Services sector, Federal Life Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Federal Life Group's Asset Turnover falls into.


Federal Life Group Asset Turnover Calculation

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

Federal Life 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 )
=20.818/( (257.138+279.727)/ 2 )
=20.818/268.4325
=0.08

Federal Life Group's Asset Turnover for the quarter that ended in Mar. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2019 )/( (Total Assets (Q: Dec. 2018 )+Total Assets (Q: Mar. 2019 ))/ count )
=4.921/( (279.727+286.879)/ 2 )
=4.921/283.303
=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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.02 mean?
Federal Life Group (FLFG) has a Asset Turnover of 0.02 as of Mar. 2019. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Federal Life Group and its competitors.
Is Federal Life Group's Asset Turnover too high?
Federal Life Group's current Asset Turnover is 0.02.
How does Federal Life Group's Asset Turnover compare to ?
Federal Life Group's Asset Turnover of 0.02 can be compared against companies in the Insurance 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 an Insurance company?
A good Asset Turnover depends on the Insurance 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 Federal Life Group and its competitors. Federal Life Group's current Asset Turnover is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal Life Group stock overvalued right now?
Federal Life Group (FLFG) has a current Asset Turnover of 0.02. The current Asset Turnover is 0.02. 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 Federal Life Group (FLFG), the current Asset Turnover is 0.02 as of Mar. 2019. 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.

Federal Life Group Business Description

Comparable Companies
Address 3750 West Deerfield Road, Riverwoods, IL, USA, 60015
Federal Life Group Inc provides life insurance and annuity products targeted to the middle American market. Its core business activities include the sale of life insurance and fixed index and fixed rate annuities. Products offered by the company include Lifetime Coverage, Specific Period of Time Coverage, Flexible Coverage, Long-Term Growth with Fixed and Index-Linked Options, Multi-Pay Retirement Savings Plan, Single-Pay Retirement Savings Plan, Immediate Guaranteed Retirement Income, Final Expense Plan, Final Expense Plan - Limited Health Issues and Single-Pay Permanent Life.