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Eros Media World (FRA:E1O) Asset Turnover : 0.00 (As of Sep. 2020)


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What is Eros Media World Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Eros Media World's Revenue for the three months ended in Sep. 2020 was €0.0 Mil. Eros Media World's Total Assets for the quarter that ended in Sep. 2020 was €750.1 Mil. Therefore, Eros Media World's Asset Turnover for the quarter that ended in Sep. 2020 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Eros Media World's annualized ROE % for the quarter that ended in Sep. 2020 was 0.00%. It is also linked to ROA % through Du Pont Formula. Eros Media World's annualized ROA % for the quarter that ended in Sep. 2020 was 0.00%.


Eros Media World Asset Turnover Historical Data

The historical data trend for Eros Media World'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.

Eros Media World Asset Turnover Chart

Eros Media World Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.20 0.18 0.23 0.19

Eros Media World Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Sep19 Dec19 Mar20 Sep20
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 0.05 0.03 0.05 0.03 -

Competitive Comparison of Eros Media World's Asset Turnover

For the Entertainment subindustry, Eros Media World'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.


Eros Media World's Asset Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Eros Media World's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Eros Media World's Asset Turnover falls into.



Eros Media World Asset Turnover Calculation

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

Eros Media World's Asset Turnover for the fiscal year that ended in Mar. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2020 )/( (Total Assets (A: Mar. 2019 )+Total Assets (A: Mar. 2020 ))/ count )
=140.684/( (963.678+549.929)/ 2 )
=140.684/756.8035
=0.19

Eros Media World's Asset Turnover for the quarter that ended in Sep. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2020 )/( (Total Assets (Q: Mar. 2020 )+Total Assets (Q: Sep. 2020 ))/ count )
=0/( (549.929+950.244)/ 2 )
=0/750.0865
=0.00

* 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.


Eros Media World  (FRA:E1O) Asset Turnover Explanation

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

Eros Media World's annulized ROE % for the quarter that ended in Sep. 2020 is

ROE %**(Q: Sep. 2020 )
=Net Income/Total Stockholders Equity
=0/283.575
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 750.0865)*(750.0865/ 283.575)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*2.6451
=ROA %*Equity Multiplier
=0.00 %*2.6451
=0.00 %

Note: The Net Income data used here is four times the quarterly (Sep. 2020) net income data. The Revenue data used here is four times the quarterly (Sep. 2020) 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:

Eros Media World's annulized ROA % for the quarter that ended in Sep. 2020 is

ROA %(Q: Sep. 2020 )
=Net Income/Total Assets
=0/750.0865
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 750.0865)
=Net Margin %*Asset Turnover
= %*0
=0.00 %

Note: The Net Income data used here is four times the quarterly (Sep. 2020) net income data. The Revenue data used here is four times the quarterly (Sep. 2020) 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.


Eros Media World Asset Turnover Related Terms

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Eros Media World (FRA:E1O) Business Description

Traded in Other Exchanges
N/A
Address
550 County Avenue, Secaucus, NJ, USA, 07094
Eros Media World PLC is a film production and distribution company. It distributes its film content across multiplex chains and stand-alone theatres and broadcasts television content via tie-ups with channels such as ZEE TV and Star TV. The company also has a digital presence through its website; www.erosnow.com and an independent channel on Youtube. Geographically, it has a presence in India, North America, Europe and the Rest of the world. The company's primary revenue streams are derived from three channels: theatrical, television syndication and digital and ancillary.

Eros Media World (FRA:E1O) Headlines

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