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Healthcare Trust (Healthcare Trust) Asset Turnover : 0.04 (As of Mar. 2024)


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What is Healthcare 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. Healthcare Trust's Revenue for the three months ended in Mar. 2024 was $88.3 Mil. Healthcare Trust's Total Assets for the quarter that ended in Mar. 2024 was $2,139.4 Mil. Therefore, Healthcare Trust's Asset Turnover for the quarter that ended in Mar. 2024 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Healthcare Trust's annualized ROE % for the quarter that ended in Mar. 2024 was -7.02%. It is also linked to ROA % through Du Pont Formula. Healthcare Trust's annualized ROA % for the quarter that ended in Mar. 2024 was -2.91%.


Healthcare Trust Asset Turnover Historical Data

The historical data trend for Healthcare 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.

Healthcare Trust Asset Turnover Chart

Healthcare Trust Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 0.16 0.17 0.15 0.15 0.16

Healthcare 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 0.04 0.04 0.04 0.04 0.04

Competitive Comparison of Healthcare Trust's Asset Turnover

For the REIT - Healthcare Facilities subindustry, Healthcare 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.


Healthcare Trust's Asset Turnover Distribution in the REITs Industry

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

* The bar in red indicates where Healthcare Trust's Asset Turnover falls into.



Healthcare Trust Asset Turnover Calculation

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

Healthcare 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 )
=345.925/( (2180.349+2145.159)/ 2 )
=345.925/2162.754
=0.16

Healthcare 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 )
=88.299/( (2145.159+2133.698)/ 2 )
=88.299/2139.4285
=0.04

* 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.


Healthcare Trust  (OTCPK:HLTC) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-62.2/885.9195
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-62.2 / 353.196)*(353.196 / 2139.4285)*(2139.4285/ 885.9195)
=Net Margin %*Asset Turnover*Equity Multiplier
=-17.61 %*0.1651*2.4149
=ROA %*Equity Multiplier
=-2.91 %*2.4149
=-7.02 %

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:

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

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-62.2/2139.4285
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-62.2 / 353.196)*(353.196 / 2139.4285)
=Net Margin %*Asset Turnover
=-17.61 %*0.1651
=-2.91 %

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.


Healthcare Trust Asset Turnover Related Terms

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


Healthcare Trust (Healthcare Trust) Business Description

Traded in Other Exchanges
Address
650 Fifth Avenue, 30th Floor, New York, NY, USA, 10019
Healthcare Trust Inc is a Real estate investment trust in the United States. It invests in healthcare real estate, focusing on seniors housing properties and medical office buildings. The company also invests in facilities leased to hospitals, rehabilitation hospitals, long-term acute care centers, surgery centers, inpatient rehabilitation facilities, special medical and diagnostic service providers, laboratories, and research firms among others. It has two segments medical office and other healthcare-related buildings and senior housing operating properties.
Executives
Scott M. Lappetito officer: CFO, Secretary and Treasurer 650 FIFTH AVENUE, 30TH FLOOR, NEW YORK NY 10019
Jason F. Doyle officer: CFO, Secretary and Treasurer 650 FIFTH AVENUE, 30TH FLOOR, NEW YORK NY 10019
Buddie J Penn director 405 PARK AVENUE, NEW YORK NY 10022
Lee M Elman director 405 PARK AVENUE, NEW YORK NY 10022
Katie P Kurtz officer: CFO, Treasurer and Secretary 405 PARK AVENUE, THIRD FLOOR, NEW YORK NY 10022
Edward G Rendell director 405 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Leslie D Michelson director PRIVATE HEALTH MANAGEMENT, 9200 SUNSET BLVD, SUITE 110, LOS ANGELES CA 90069
Randolph C Read director, other: CHAIRMAN C/O NEW YORK REIT, INC., 405 PARK AVENUE, NEW YORK NY 10022
Thomas P Darcy officer: Chief Executive Officer 405 PARK AVENUE, NEW YORK NY 10022
Lange Edward F Jr officer: See Remarks 405 PARK AVENUE, NEW YORK NY 10022
William Todd Jensen officer: See Remarks 405 PARK AVE., 15TH FLOOR, NEW YORK NY 10022
Elizabeth K. Tuppeny director C/O AMERICAN REALTY CAPITAL PROPERTIES, 405 PARK AVENUE, NEW YORK NY 10022
Robert J Froehlich director 405 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
David Gong director C/O AMERICAN REALTY CAPITAL PROPERTIES, 405 PARK AVENUE, NEW YORK NY 10022
Nicholas S Schorsch director, officer: See Remarks

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