HMNY (Helios and Matheson Analytics) Asset Turnover: 0.49 (As of Sep. 2018)


What is Helios and Matheson Analytics Asset Turnover?

Helios and Matheson Analytics HMNY -90.00% Asset Turnover is 0.49 as of Sep. 2018.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Helios and Matheson Analytics's Revenue for the three months ended in Sep. 2018 was $74.7 Mil. Helios and Matheson Analytics's Total Assets for the quarter that ended in Sep. 2018 was $154.0 Mil. Therefore, Helios and Matheson Analytics's Asset Turnover for the quarter that ended in Sep. 2018 was 0.49.

Asset Turnover is linked to ROE % through Du Pont Formula. Helios and Matheson Analytics's annualized ROE % for the quarter that ended in Sep. 2018 was -729.42%. It is also linked to ROA % through Du Pont Formula. Helios and Matheson Analytics's annualized ROA % for the quarter that ended in Sep. 2018 was -359.82%.


Helios and Matheson Analytics  (OTCPK:HMNY) Asset Turnover Explanation

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

Helios and Matheson Analytics's annulized ROE % for the quarter that ended in Sep. 2018 is

ROE %**(Q: Sep. 2018 )
=Net Income/Total Stockholders Equity
=-554.132/75.9685
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-554.132 / 298.808)*(298.808 / 154.0005)*(154.0005/ 75.9685)
=Net Margin %*Asset Turnover*Equity Multiplier
=-185.45 %*1.9403*2.0272
=ROA %*Equity Multiplier
=-359.82 %*2.0272
=-729.42 %

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:

Helios and Matheson Analytics's annulized ROA % for the quarter that ended in Sep. 2018 is

ROA %(Q: Sep. 2018 )
=Net Income/Total Assets
=-554.132/154.0005
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-554.132 / 298.808)*(298.808 / 154.0005)
=Net Margin %*Asset Turnover
=-185.45 %*1.9403
=-359.82 %

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.


Helios and Matheson Analytics Asset Turnover Related Terms


Helios and Matheson Analytics Asset Turnover Historical Data

* Premium members only.

The historical data trend for Helios and Matheson Analytics'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.

Helios and Matheson Analytics Asset Turnover Chart

Helios and Matheson Analytics Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.50 2.10 2.48 0.78 0.12

Helios and Matheson Analytics Quarterly Data
Dec13 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 0.08 0.08 0.29 0.42 0.49

Helios and Matheson Analytics Asset Turnover Competitor Comparison

For the Information Technology Services subindustry, Helios and Matheson Analytics'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.


Helios and Matheson Analytics Asset Turnover vs Software Industry

For the Software industry and Technology sector, Helios and Matheson Analytics's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Helios and Matheson Analytics's Asset Turnover falls into.



Helios and Matheson Analytics Asset Turnover Calculation

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

Helios and Matheson Analytics'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 )
=10.442/( (14.509+164.033)/ 2 )
=10.442/89.271
=0.12

Helios and Matheson Analytics'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 )
=74.702/( (175.294+132.707)/ 2 )
=74.702/154.0005
=0.49

* 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 0.49 mean?
Helios and Matheson Analytics (HMNY) has a Asset Turnover of 0.49 as of Sep. 2018. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Helios and Matheson Analytics and its competitors.
Is Helios and Matheson Analytics' Asset Turnover too high?
Helios and Matheson Analytics' current Asset Turnover is 0.49.
How does Helios and Matheson Analytics' Asset Turnover compare to competitors?
Helios and Matheson Analytics' Asset Turnover of 0.49 can be compared against companies in the Software 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 a Software company?
A good Asset Turnover depends on the Software 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 Helios and Matheson Analytics and its competitors. Helios and Matheson Analytics's current Asset Turnover is 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Helios and Matheson Analytics stock overvalued right now?
Helios and Matheson Analytics (HMNY) has a current Asset Turnover of 0.49. The current Asset Turnover is 0.49. 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 Helios and Matheson Analytics (HMNY), the current Asset Turnover is 0.49 as of Sep. 2018. 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.

Helios and Matheson Analytics Business Description

Address Empire State Building, 350 Fifth Avenue, New York, NY, USA, 10118
Helios and Matheson Analytics Inc is a United States-based company, that engages in the provision of information technology services and solutions. Its services include application value management, application development, integration, independent validation, infrastructure, information management, and analytics services. The company serves various industries including financial, healthcare, retail, education, and government.