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GCI Liberty (GCI Liberty) Asset Turnover : 0.02 (As of Sep. 2020)


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What is GCI Liberty Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. GCI Liberty's Revenue for the three months ended in Sep. 2020 was $246.9 Mil. GCI Liberty's Total Assets for the quarter that ended in Sep. 2020 was $12,646.5 Mil. Therefore, GCI Liberty's Asset Turnover for the quarter that ended in Sep. 2020 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. GCI Liberty's annualized ROE % for the quarter that ended in Sep. 2020 was 49.87%. It is also linked to ROA % through Du Pont Formula. GCI Liberty's annualized ROA % for the quarter that ended in Sep. 2020 was 26.08%.


GCI Liberty Asset Turnover Historical Data

The historical data trend for GCI Liberty'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.

GCI Liberty Asset Turnover Chart

GCI Liberty Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 - - 0.10 0.09

GCI Liberty Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 0.02 0.02 0.02 0.02 0.02

Competitive Comparison of GCI Liberty's Asset Turnover

For the Telecom Services subindustry, GCI Liberty'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.


GCI Liberty's Asset Turnover Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, GCI Liberty's Asset Turnover distribution charts can be found below:

* The bar in red indicates where GCI Liberty's Asset Turnover falls into.



GCI Liberty Asset Turnover Calculation

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

GCI Liberty's Asset Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2019 )/( (Total Assets (A: Dec. 2018 )+Total Assets (A: Dec. 2019 ))/ count )
=894.733/( (8660.822+11933.445)/ 2 )
=894.733/10297.1335
=0.09

GCI Liberty'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: Jun. 2020 )+Total Assets (Q: Sep. 2020 ))/ count )
=246.892/( (11933.13+13359.842)/ 2 )
=246.892/12646.486
=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.


GCI Liberty  (NAS:GLIBA) Asset Turnover Explanation

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

GCI Liberty's annulized ROE % for the quarter that ended in Sep. 2020 is

ROE %**(Q: Sep. 2020 )
=Net Income/Total Stockholders Equity
=3297.648/6612.7365
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3297.648 / 987.568)*(987.568 / 12646.486)*(12646.486/ 6612.7365)
=Net Margin %*Asset Turnover*Equity Multiplier
=333.92 %*0.0781*1.9124
=ROA %*Equity Multiplier
=26.08 %*1.9124
=49.87 %

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:

GCI Liberty's annulized ROA % for the quarter that ended in Sep. 2020 is

ROA %(Q: Sep. 2020 )
=Net Income/Total Assets
=3297.648/12646.486
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3297.648 / 987.568)*(987.568 / 12646.486)
=Net Margin %*Asset Turnover
=333.92 %*0.0781
=26.08 %

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.


GCI Liberty Asset Turnover Related Terms

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GCI Liberty (GCI Liberty) Business Description

Traded in Other Exchanges
N/A
Address
12300 Liberty Boulevard, Englewood, CO, USA, 80112
GCI Liberty Inc is a holding company.Through its subsidiaries it provides various wireless, data, video, voice, and managed services to residential customers, businesses, governmental entities, and educational and medical institutions primarily in Alaska under the GCI brand. The company mainly serves markets that bear harsh winter and are located in remote geographies in North America.

GCI Liberty (GCI Liberty) Headlines