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Asset Turnover is linked to ROE % through Du Pont Formula. Grayscale Litecoin TR LTC's annualizedROE % for the quarter that ended in Dec. 2019 was %. It is also linked to ROA % through Du Pont Formula. Grayscale Litecoin TR LTC's annualizedROA % for the quarter that ended in Dec. 2019 was %.
Note:
The Net Income data used here is two times the semi-annual (Dec. 2019) net income data. The Revenue data used here is two times the semi-annual (Dec. 2019) 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:
Grayscale Litecoin TR LTC's annulizedROA % for the quarter that ended in Dec. 2019 is
Note:
The Net Income data used here is two times the semi-annual (Dec. 2019) net income data. The Revenue data used here is two times the semi-annual (Dec. 2019) 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.
Grayscale Litecoin TR LTC Asset Turnover Related Terms
Grayscale Litecoin TR LTC Asset Turnover Historical 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.
Grayscale Litecoin TR LTC Asset Turnover Chart
Grayscale Litecoin TR LTC Annual Data
Trend
Asset Turnover
Grayscale Litecoin TR LTC Semi-Annual Data
Dec19
Dec20
Asset Turnover
0.00
0.47
LTCN vs : Asset Turnover Comparison
For the Asset Management subindustry, Grayscale Litecoin TR LTC'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.
Grayscale Litecoin TR LTC Asset Turnover vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Grayscale Litecoin TR LTC's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Grayscale Litecoin TR LTC's Asset Turnover falls into.
* 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.
Grayscale Litecoin TR LTC (LTCN) has a Asset Turnover of 0.00 as of Dec. 2019. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Grayscale Litecoin TR LTC and its competitors.
Is Grayscale Litecoin TR LTC's Asset Turnover too high?
Grayscale Litecoin TR LTC's current Asset Turnover is 0.00.
How does Grayscale Litecoin TR LTC's Asset Turnover compare to ?
Grayscale Litecoin TR LTC's Asset Turnover of 0.00 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Asset Turnover depends on the Asset Management 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 Grayscale Litecoin TR LTC and its competitors. Grayscale Litecoin TR LTC's current Asset Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grayscale Litecoin TR LTC stock overvalued right now?
Grayscale Litecoin TR LTC (LTCN) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. 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 Grayscale Litecoin TR LTC (LTCN), the current Asset Turnover is 0.00 as of Dec. 2019. 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.
Grayscale Litecoin TR LTC is an investment vehicle company. The company enables investors to gain access and exposure to the price movement of Litecoin in the form of traditional security without the challenges of buying, storing, and safekeeping Litecoin directly. Its investment objective is to track the LTC market price, less fees and expenses.
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