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Seaport Entertainment Group (MEX:SEG) Asset Turnover : 0.03 (As of Dec. 2024)


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What is Seaport Entertainment Group Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Seaport Entertainment Group's Revenue for the three months ended in Dec. 2024 was MXN476 Mil. Seaport Entertainment Group's Total Assets for the quarter that ended in Dec. 2024 was MXN13,885 Mil. Therefore, Seaport Entertainment Group's Asset Turnover for the quarter that ended in Dec. 2024 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Seaport Entertainment Group's annualized ROE % for the quarter that ended in Dec. 2024 was -34.29%. It is also linked to ROA % through Du Pont Formula. Seaport Entertainment Group's annualized ROA % for the quarter that ended in Dec. 2024 was -25.01%.


Seaport Entertainment Group Asset Turnover Historical Data

The historical data trend for Seaport Entertainment Group'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.

Seaport Entertainment Group Asset Turnover Chart

Seaport Entertainment Group Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Asset Turnover
- 0.09 0.11 0.18

Seaport Entertainment Group Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.02 0.05 0.07 0.03

Competitive Comparison of Seaport Entertainment Group's Asset Turnover

For the Real Estate Services subindustry, Seaport Entertainment Group'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.


Seaport Entertainment Group's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Seaport Entertainment Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Seaport Entertainment Group's Asset Turnover falls into.


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Seaport Entertainment Group Asset Turnover Calculation

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

Seaport Entertainment Group's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=2317.819/( (10469.937+15507.381)/ 2 )
=2317.819/12988.659
=0.18

Seaport Entertainment Group's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=476.428/( (12263.198+15507.381)/ 2 )
=476.428/13885.2895
=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.


Seaport Entertainment Group  (MEX:SEG) Asset Turnover Explanation

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

Seaport Entertainment Group's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-3472.556/10125.945
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3472.556 / 1905.712)*(1905.712 / 13885.2895)*(13885.2895/ 10125.945)
=Net Margin %*Asset Turnover*Equity Multiplier
=-182.22 %*0.1372*1.3713
=ROA %*Equity Multiplier
=-25.01 %*1.3713
=-34.29 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 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:

Seaport Entertainment Group's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-3472.556/13885.2895
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3472.556 / 1905.712)*(1905.712 / 13885.2895)
=Net Margin %*Asset Turnover
=-182.22 %*0.1372
=-25.01 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 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.


Seaport Entertainment Group Asset Turnover Related Terms

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Seaport Entertainment Group Business Description

Traded in Other Exchanges
Address
199 Water Street, 28th Floor, New York, NY, USA, 10038
Seaport Entertainment Group Inc own, operate and develop a collection of assets positioned at the intersection of entertainment and real estate. Its objective is to integrate one-of-a-kind real estate assets with a variety of restaurant, retail and leisure offerings to form vibrant mixed-use destinations where customers can work, play and socialize in one cohesive setting. The company has three operating segments: (1) Landlord Operations; (2) Hospitality; and (3) Sponsorships, Events, and Entertainment. Key revenue is generated from Sponsorships, Events, and Entertainment which consists of baseball operations of the Aviators and Las Vegas Ballpark along with sponsorships, events, and other revenue generated at the Seaport in New York.