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Liberty Broadband Asset Turnover

: 0.02 (As of Jun. 2022)
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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Liberty Broadband's Revenue for the three months ended in Jun. 2022 was $239.0 Mil. Liberty Broadband's Total Assets for the quarter that ended in Jun. 2022 was $16,184.0 Mil. Therefore, Liberty Broadband's Asset Turnover for the quarter that ended in Jun. 2022 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Liberty Broadband's annualized ROE % for the quarter that ended in Jun. 2022 was 20.01%. It is also linked to ROA % through Du Pont Formula. Liberty Broadband's annualized ROA % for the quarter that ended in Jun. 2022 was 11.49%.


Liberty Broadband Asset Turnover Historical Data

The historical data trend for Liberty Broadband'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.

Liberty Broadband Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 0.05

Liberty Broadband Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Asset Turnover 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 Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.02

Liberty Broadband Asset Turnover Calculation

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

Liberty Broadband's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=988/( (21373+16968)/ 2 )
=988/19170.5
=0.05

Liberty Broadband's Asset Turnover for the quarter that ended in Jun. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Jun. 2022 ))/ count )
=239/( (16630+15738)/ 2 )
=239/16184
=0.01

* 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.


Liberty Broadband  (NAS:LBRDK) Asset Turnover Explanation

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

Liberty Broadband's annulized ROE % for the quarter that ended in Jun. 2022 is

ROE %**(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=1860/9297.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1860 / 956)*(956 / 16184)*(16184/ 9297.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=194.56 %*0.0591*1.7407
=ROA %*Equity Multiplier
=11.49 %*1.7407
=20.01 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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:

Liberty Broadband's annulized ROA % for the quarter that ended in Jun. 2022 is

ROA %(Q: Jun. 2022 )
=Net Income/Total Assets
=1860/16184
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1860 / 956)*(956 / 16184)
=Net Margin %*Asset Turnover
=194.56 %*0.0591
=11.49 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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.


Liberty Broadband Asset Turnover Related Terms

Thank you for viewing the detailed overview of Liberty Broadband's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Liberty Broadband Business Description

Liberty Broadband logo
Address
12300 Liberty Boulevard, Englewood, CO, USA, 80112
Liberty Broadband Corp serves in the telecommunications industry in the United States. It provides cable services to both residential and small to medium businesses through its fiber, hybrid fiber, and coaxial cable infrastructure. The services provided by the company are residential services which include video services, internet services, voice services, and mobile services, commercial services which include small, and medium business and enterprise solutions, advertising services, and other services which include security and home management. The reportable segments of the company are GCI Holdings, Charter. The firm derives the majority of its revenue from GCI Holdings.
Executives
Hamilton Sue Ann director 12405 POWERSCOURT DRIVE ST. LOUIS MO 63131
Engles Gregg L director 1225 SEVENTEENTH STREET SUITE 1000 DENVER CO 80202
Frist Julie D. director 810 JACKSON BLVD. NASHVILLE TN 37205
Wilm Renee L officer: Chief Legal Officer 12300 LIBERTY BOULEVARD ENGLEWOOD CO 80112
Malone John C director, 10 percent owner 12300 LIBERTY BLVD ENGLEWOOD CO 80112
Wendling Brian J officer: SVP/Controller/PFO 12300 LIBERTY BOULEVARD ENGLEWOOD CO 80112
Carleton Mark D officer: Chief Financial Officer 12300 LIBERTY BLVD. ENGLEWOOD CO 80112
Wargo J David director C/O WARGO & CO 712 FIFTH AVENUE 41ST FLOOR NEW YORK NY 10019
Fisher Donne F director 12300 LIBERTY BLVD ENGLEWOOD CO 80112
Welsh John E Iii director AVALON CAPITAL PARTNERS 181 MAIN ST COLD SPRING HARBOR NY 11724
Green Richard R director 12300 LIBERTY BOULEVARD ENGLEWOOD CO 80112
Maffei Gregory B director, officer: President/CEO 12300 LIBERTY BLVD ENGLEWOOD CO 80112
Liberty Media Corp 10 percent owner 12300 LIBERTY BOULEVARD ENGLEWOOD CO 80112
Rosenthaler Albert E officer: Senior Vice President 12300 LIBERTY BLVD ENGLEWOOD CO 80112
Shean Christopher W officer: Senior Vice President/CFO 12300 LIBERTY BLVD. ENGLEWOOD CO 80116

Liberty Broadband Headlines

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