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Mount Logan Capital (NEOE:MLC) Asset Turnover : 0.02 (As of Dec. 2024)


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What is Mount Logan Capital Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Mount Logan Capital's Revenue for the three months ended in Dec. 2024 was C$37.0 Mil. Mount Logan Capital's Total Assets for the quarter that ended in Dec. 2024 was C$2,400.1 Mil. Therefore, Mount Logan Capital's Asset Turnover for the quarter that ended in Dec. 2024 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Mount Logan Capital's annualized ROE % for the quarter that ended in Dec. 2024 was 49.67%. It is also linked to ROA % through Du Pont Formula. Mount Logan Capital's annualized ROA % for the quarter that ended in Dec. 2024 was 1.56%.


Mount Logan Capital Asset Turnover Historical Data

The historical data trend for Mount Logan Capital'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.

Mount Logan Capital Asset Turnover Chart

Mount Logan Capital Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.03 0.03 0.13 0.12

Mount Logan Capital Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.03 0.03 0.04 0.02

Competitive Comparison of Mount Logan Capital's Asset Turnover

For the Asset Management subindustry, Mount Logan Capital'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.


Mount Logan Capital's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mount Logan Capital's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Mount Logan Capital's Asset Turnover falls into.


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Mount Logan Capital Asset Turnover Calculation

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

Mount Logan Capital'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 )
=278.764/( (2265.396+2407.073)/ 2 )
=278.764/2336.2345
=0.12

Mount Logan Capital'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 )
=37.039/( (2393.207+2407.073)/ 2 )
=37.039/2400.14
=0.02

* 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.


Mount Logan Capital  (NEOE:MLC) Asset Turnover Explanation

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

Mount Logan Capital's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=37.38/75.257
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(37.38 / 148.156)*(148.156 / 2400.14)*(2400.14/ 75.257)
=Net Margin %*Asset Turnover*Equity Multiplier
=25.23 %*0.0617*31.8926
=ROA %*Equity Multiplier
=1.56 %*31.8926
=49.67 %

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:

Mount Logan Capital's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=37.38/2400.14
=(Net Income / Revenue)*(Revenue / Total Assets)
=(37.38 / 148.156)*(148.156 / 2400.14)
=Net Margin %*Asset Turnover
=25.23 %*0.0617
=1.56 %

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.


Mount Logan Capital Asset Turnover Related Terms

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Mount Logan Capital Business Description

Traded in Other Exchanges
N/A
Address
650 Madison Avenue, 3rd Floor, New York, NY, USA, 10022
Mount Logan Capital Inc operates as emerging asset management and investment firm focused on investing in public and private debt securities in the North American market. The Company's reporting segments include asset management and insurance. The asset management segment reflects the Company's historical operations through its subsidiaries, including ML Management, and the insurance segment represents Ability's operations. The Company through its subsidiaries, earns management and incentive fees and servicing fees for providing investment management, monitoring and other services to investment vehicles and advisers. The insurance business is operated by Ability. Ability's insurance business consists of premium revenue from long term care insurance policies.
Executives
Perry Nicholas Dellelce Director
R. Rudolph Reinfrank Director
Edward Goldthorpe Director, Senior Officer
James Radford Small Director
David Dean Guebert Senior Officer
Matthias Ederer Senior Officer
Henry Han-wei Wang Senior Officer

Mount Logan Capital Headlines

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