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Viasat Asset Turnover

: 0.12 (As of Jun. 2021)
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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. Viasat's Revenue for the three months ended in Jun. 2021 was $665 Mil. Viasat's Total Assets for the quarter that ended in Jun. 2021 was $5,672 Mil. Therefore, Viasat's Asset Turnover for the quarter that ended in Jun. 2021 was 0.12.

Asset Turnover is linked to ROE % through Du Pont Formula. Viasat's annualized ROE % for the quarter that ended in Jun. 2021 was 2.73%. It is also linked to ROA % through Du Pont Formula. Viasat's annualized ROA % for the quarter that ended in Jun. 2021 was 1.20%.


Viasat Asset Turnover Historical Data

The historical data trend for Viasat'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.

Viasat Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Asset Turnover
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.58 0.50 0.56 0.53 0.44

Viasat Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 0.11 0.11 0.11 0.11 0.12

Viasat Asset Turnover Calculation

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

Viasat's Asset Turnover for the fiscal year that ended in Mar. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2021 )/( (Total Assets (A: Mar. 2020 )+Total Assets (A: Mar. 2021 ))/ count )
=2256.107/( (4883.868+5349.467)/ 2 )
=2256.107/5116.6675
=0.44

Viasat's Asset Turnover for the quarter that ended in Jun. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2021 )/( (Total Assets (Q: Mar. 2021 )+Total Assets (Q: Jun. 2021 ))/ count )
=664.86/( (5349.467+5994.533)/ 2 )
=664.86/5672
=0.12

* 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.


Viasat  (NAS:VSAT) Asset Turnover Explanation

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

Viasat's annulized ROE % for the quarter that ended in Jun. 2021 is

ROE %**(Q: Jun. 2021 )
=Net Income/Total Stockholders Equity
=67.872/2485.796
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(67.872 / 2659.44)*(2659.44 / 5672)*(5672/ 2485.796)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.55 %*0.4689*2.2818
=ROA %*Equity Multiplier
=1.20 %*2.2818
=2.73 %

Note: The Net Income data used here is four times the quarterly (Jun. 2021) net income data. The Revenue data used here is four times the quarterly (Jun. 2021) 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:

Viasat's annulized ROA % for the quarter that ended in Jun. 2021 is

ROA %(Q: Jun. 2021 )
=Net Income/Total Assets
=67.872/5672
=(Net Income / Revenue)*(Revenue / Total Assets)
=(67.872 / 2659.44)*(2659.44 / 5672)
=Net Margin %*Asset Turnover
=2.55 %*0.4689
=1.20 %

Note: The Net Income data used here is four times the quarterly (Jun. 2021) net income data. The Revenue data used here is four times the quarterly (Jun. 2021) 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.


Viasat Asset Turnover Related Terms

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


Viasat Business Description

Viasat logo
Industry
Technology » Hardware NAICS : 334220 SIC : 3663
Traded in Other Exchanges
Address
6155 El Camino Real, Carlsbad, CA, USA, 92009
Viasat Inc provides bandwidth technologies and services in three segments: satellite services, which provides satellite-based high-speed broadband services to consumers, enterprises, and commercial airlines; commercial networks, which develops end-to-end communication and connectivity systems; and government systems, which produces network-centric Internet Protocol-based secure government communication systems. A large majority of the firm's revenue is generated in the United States, with the rest coming from the Americas, Europe, Middle East, Africa, and Asia-Pacific.
Executives
Stenbit John P director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: STENBIT JOHN P a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Wise Theresa director 400 FAIRVIEW AVENUE NORTH SUITE 1200 SEATTLE WA 98109
Johnson Robert W director 2280 UNIVERSITY DRIVE NEWPORT BEACH CA 92660
Rao Varsha Rajendra director 6155 EL CAMINO REAL CARLSBAD CA 92009
Pak Sean director 6155 EL CAMINO REAL CARLSBAD CA 92009
Klarman Seth A 10 percent owner 10 ST JAMES AVENUE STE 1700 BOSTON MA 02116
Baupost Group Llc/ma 10 percent owner 10 ST JAMES AVE SUITE 1700 BOSTON MA 02116
Baupost Group Gp, L.l.c. 10 percent owner 10 ST. JAMES AVENUE SUITE 1700 BOSTON MA 02116
Peck Bobby Ray Jr 10 percent owner 199 FREMONT ST SUITE 2500 SAN FRANCISCO CA 94105
Raab Andrew John 10 percent owner 199 FREMONT ST SUITE 2500 SAN FRANCISCO CA 94105
Fpr Partners Llc 10 percent owner 199 FREMONT STREET SUITE 2500 SAN FRANCISCO CA 94105
White Harvey director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: WHITE HARVEY a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Ryan David Louis officer: President Commercial Networks 6155 EL CAMINO REAL CARLSBAD CA 92009
Dodd James Michael officer: President, Global Mobile 6155 EL CAMINO REAL CARLSBAD CA 92009
Lippert Keven K officer: Executive Vice President 6155 EL CAMINO REAL CARLSBAD CA 92009

Viasat Headlines

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