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Isle of Capri Casinos (Isle of Capri Casinos) Asset Turnover : 0.16 (As of Jan. 2017)


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What is Isle of Capri Casinos Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Isle of Capri Casinos's Revenue for the three months ended in Jan. 2017 was $194 Mil. Isle of Capri Casinos's Total Assets for the quarter that ended in Jan. 2017 was $1,205 Mil. Therefore, Isle of Capri Casinos's Asset Turnover for the quarter that ended in Jan. 2017 was 0.16.

Asset Turnover is linked to ROE % through Du Pont Formula. Isle of Capri Casinos's annualized ROE % for the quarter that ended in Jan. 2017 was 28.82%. It is also linked to ROA % through Du Pont Formula. Isle of Capri Casinos's annualized ROA % for the quarter that ended in Jan. 2017 was 2.71%.


Isle of Capri Casinos Asset Turnover Historical Data

The historical data trend for Isle of Capri Casinos'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.

Isle of Capri Casinos Asset Turnover Chart

Isle of Capri Casinos Annual Data
Trend Apr07 Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.59 0.66 0.78 0.80

Isle of Capri Casinos Quarterly Data
Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17
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 0.16 0.31 0.20 0.16 0.16

Competitive Comparison of Isle of Capri Casinos's Asset Turnover

For the Resorts & Casinos subindustry, Isle of Capri Casinos'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.


Isle of Capri Casinos's Asset Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Isle of Capri Casinos's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Isle of Capri Casinos's Asset Turnover falls into.



Isle of Capri Casinos Asset Turnover Calculation

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

Isle of Capri Casinos's Asset Turnover for the fiscal year that ended in Apr. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Apr. 2016 )/( (Total Assets (A: Apr. 2015 )+Total Assets (A: Apr. 2016 ))/ count )
=978.592/( (1227.762+1205.149)/ 2 )
=978.592/1216.4555
=0.80

Isle of Capri Casinos's Asset Turnover for the quarter that ended in Jan. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2017 )/( (Total Assets (Q: Oct. 2016 )+Total Assets (Q: Jan. 2017 ))/ count )
=193.817/( (1208.356+1202.43)/ 2 )
=193.817/1205.393
=0.16

* 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.


Isle of Capri Casinos  (NAS:ISLE) Asset Turnover Explanation

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

Isle of Capri Casinos's annulized ROE % for the quarter that ended in Jan. 2017 is

ROE %**(Q: Jan. 2017 )
=Net Income/Total Stockholders Equity
=32.66/113.3365
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(32.66 / 775.268)*(775.268 / 1205.393)*(1205.393/ 113.3365)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.21 %*0.6432*10.6355
=ROA %*Equity Multiplier
=2.71 %*10.6355
=28.82 %

Note: The Net Income data used here is four times the quarterly (Jan. 2017) net income data. The Revenue data used here is four times the quarterly (Jan. 2017) 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:

Isle of Capri Casinos's annulized ROA % for the quarter that ended in Jan. 2017 is

ROA %(Q: Jan. 2017 )
=Net Income/Total Assets
=32.66/1205.393
=(Net Income / Revenue)*(Revenue / Total Assets)
=(32.66 / 775.268)*(775.268 / 1205.393)
=Net Margin %*Asset Turnover
=4.21 %*0.6432
=2.71 %

Note: The Net Income data used here is four times the quarterly (Jan. 2017) net income data. The Revenue data used here is four times the quarterly (Jan. 2017) 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.


Isle of Capri Casinos Asset Turnover Related Terms

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Isle of Capri Casinos (Isle of Capri Casinos) Business Description

Traded in Other Exchanges
N/A
Address
Isle of Capri operates 13 casinos in the United States, in cities ranging from Lula, Miss., to Kansas City, Mo., three casinos in the United Kingdom, and one in the Bahamas. The firm's casinos are regionally or locally focused, aiming to offer a fun entertainment alternative. Founded in 1990 and based in St. Louis, the company employs about 8,500 people.
Executives
Quatmann Edmund L Jr officer: Chief Legal Officer 600 EMERSON ROAD, SUITE 300, ST. LOUIS MO 63141
Gregory J. Kozicz director 8800 PAGE AVENUE, ST.LOUIS MO 63114
Bonnie Biumi director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Lee S Wielansky director PAUL HASTINGS, 75 EAST 55TH STREET, NEW YORK NY 10022
Eric L Hausler officer: Chief Executive Officer C/O TRUMP ENTERTAINMENT RESORTS, 1000 BOARDWALK, ATLANTIC CITY NJ 08401
Scott E Schubert director C/O SONUS NETWORKS, INC., 4 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
James Perry officer: Executive Chairman

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