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Lightstone Value Plus REIT IV (Lightstone Value Plus REIT IV) Asset Turnover : 0.03 (As of Mar. 2024)


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What is Lightstone Value Plus REIT IV Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Lightstone Value Plus REIT IV's Revenue for the three months ended in Mar. 2024 was $4.56 Mil. Lightstone Value Plus REIT IV's Total Assets for the quarter that ended in Mar. 2024 was $143.68 Mil. Therefore, Lightstone Value Plus REIT IV's Asset Turnover for the quarter that ended in Mar. 2024 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Lightstone Value Plus REIT IV's annualized ROE % for the quarter that ended in Mar. 2024 was -53.26%. It is also linked to ROA % through Du Pont Formula. Lightstone Value Plus REIT IV's annualized ROA % for the quarter that ended in Mar. 2024 was -10.65%.


Lightstone Value Plus REIT IV Asset Turnover Historical Data

The historical data trend for Lightstone Value Plus REIT IV'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.

Lightstone Value Plus REIT IV Asset Turnover Chart

Lightstone Value Plus REIT IV Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Asset Turnover
- - - 0.16

Lightstone Value Plus REIT IV Quarterly Data
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 0.01 0.05 0.05 0.05 0.03

Competitive Comparison of Lightstone Value Plus REIT IV's Asset Turnover

For the REIT - Diversified subindustry, Lightstone Value Plus REIT IV'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.


Lightstone Value Plus REIT IV's Asset Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Lightstone Value Plus REIT IV's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Lightstone Value Plus REIT IV's Asset Turnover falls into.



Lightstone Value Plus REIT IV Asset Turnover Calculation

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

Lightstone Value Plus REIT IV'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 )
=23.322/( (138.273+145.472)/ 2 )
=23.322/141.8725
=0.16

Lightstone Value Plus REIT IV'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 )
=4.559/( (145.472+141.894)/ 2 )
=4.559/143.683
=0.03

* 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.


Lightstone Value Plus REIT IV  (OTCPK:LTSV) Asset Turnover Explanation

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

Lightstone Value Plus REIT IV's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-15.308/28.743
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-15.308 / 18.236)*(18.236 / 143.683)*(143.683/ 28.743)
=Net Margin %*Asset Turnover*Equity Multiplier
=-83.94 %*0.1269*4.9989
=ROA %*Equity Multiplier
=-10.65 %*4.9989
=-53.26 %

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:

Lightstone Value Plus REIT IV's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-15.308/143.683
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-15.308 / 18.236)*(18.236 / 143.683)
=Net Margin %*Asset Turnover
=-83.94 %*0.1269
=-10.65 %

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.


Lightstone Value Plus REIT IV Asset Turnover Related Terms

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Lightstone Value Plus REIT IV (Lightstone Value Plus REIT IV) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1985 Cedar Bridge Avenue, Suite 1, Lakewood, NJ, USA, 08701
Lightstone Value Plus REIT IV Inc operates as a Real Estate Income Trust. It engages in originating, acquiring, and managing a diverse portfolio of real estate or real estate-related investments located in the United States. Its real estate investments include operating properties and development projects and its real estate-related investment may include mezzanine loans, mortgage loans, bridge loans, and preferred equity interests. It has one operating segment that is the company's majority-owned and consolidated the operating results of a joint venture (Williamsburg Moxy Hotel Joint Venture).

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