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Nationstar Mortgage Holdings (Nationstar Mortgage Holdings) Asset Turnover : 0.02 (As of Jun. 2018)


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What is Nationstar Mortgage Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Nationstar Mortgage Holdings's Revenue for the three months ended in Jun. 2018 was $420 Mil. Nationstar Mortgage Holdings's Total Assets for the quarter that ended in Jun. 2018 was $17,527 Mil. Therefore, Nationstar Mortgage Holdings's Asset Turnover for the quarter that ended in Jun. 2018 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Nationstar Mortgage Holdings's annualized ROE % for the quarter that ended in Jun. 2018 was 12.16%. It is also linked to ROA % through Du Pont Formula. Nationstar Mortgage Holdings's annualized ROA % for the quarter that ended in Jun. 2018 was 1.32%.


Nationstar Mortgage Holdings Asset Turnover Historical Data

The historical data trend for Nationstar Mortgage Holdings'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.

Nationstar Mortgage Holdings Asset Turnover Chart

Nationstar Mortgage Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Asset Turnover
Get a 7-Day Free Trial Premium Member Only 0.17 0.13 0.13 0.09 0.08

Nationstar Mortgage Holdings Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 0.02 0.02 0.02 0.03 0.02

Competitive Comparison of Nationstar Mortgage Holdings's Asset Turnover

For the Mortgage Finance subindustry, Nationstar Mortgage Holdings'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.


Nationstar Mortgage Holdings's Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Nationstar Mortgage Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Nationstar Mortgage Holdings's Asset Turnover falls into.



Nationstar Mortgage Holdings Asset Turnover Calculation

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

Nationstar Mortgage Holdings's Asset Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2017 )/( (Total Assets (A: Dec. 2016 )+Total Assets (A: Dec. 2017 ))/ count )
=1516/( (19593+18036)/ 2 )
=1516/18814.5
=0.08

Nationstar Mortgage Holdings's Asset Turnover for the quarter that ended in Jun. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2018 )/( (Total Assets (Q: Mar. 2018 )+Total Assets (Q: Jun. 2018 ))/ count )
=420/( (17864+17190)/ 2 )
=420/17527
=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.


Nationstar Mortgage Holdings  (NYSE:NSM) Asset Turnover Explanation

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

Nationstar Mortgage Holdings's annulized ROE % for the quarter that ended in Jun. 2018 is

ROE %**(Q: Jun. 2018 )
=Net Income/Total Stockholders Equity
=232/1907.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(232 / 1680)*(1680 / 17527)*(17527/ 1907.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.81 %*0.0959*9.1885
=ROA %*Equity Multiplier
=1.32 %*9.1885
=12.16 %

Note: The Net Income data used here is four times the quarterly (Jun. 2018) net income data. The Revenue data used here is four times the quarterly (Jun. 2018) 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:

Nationstar Mortgage Holdings's annulized ROA % for the quarter that ended in Jun. 2018 is

ROA %(Q: Jun. 2018 )
=Net Income/Total Assets
=232/17527
=(Net Income / Revenue)*(Revenue / Total Assets)
=(232 / 1680)*(1680 / 17527)
=Net Margin %*Asset Turnover
=13.81 %*0.0959
=1.32 %

Note: The Net Income data used here is four times the quarterly (Jun. 2018) net income data. The Revenue data used here is four times the quarterly (Jun. 2018) 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.


Nationstar Mortgage Holdings Asset Turnover Related Terms

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


Nationstar Mortgage Holdings (Nationstar Mortgage Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Nationstar Mortgage Holdings Inc is a specialty finance company that earns fees through the delivery of quality servicing, origination, and transaction based services principally related to single-family residences throughout the United States. Nationstar provides services to homeowners, home buyers, home sellers, and real estate investors. The company operates four segments: Servicing, Originations, Xome, and Corporate/Other. The vast majority of its revenue is derived from its Servicing segment. Its Originations segment primarily originates conventional residential mortgage loans in all 50 states and the District of Columbia. Its Xome segment is a residential real estate technology company.
Executives
Fig Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, 46 FLOOR, NEW YORK NY 10105
Fortress Investment Group Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Fortress Operating Entity I Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fig Corp. 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Roy A Guthrie director 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Anthony W. Villani officer: EVP and General Counsel 8950 CYPRESS WATERS BOULEVARD, COPPELL TX 75019
Robert H Gidel director 677 N WASHINGTON BLVD, SARASOTA FL 34236
Michael D Malone director 2430 LEMON TREE LANE, CHARLOTTE NC 28211
Anthony L Ebers officer: See Remarks 888 E. WALNUT STREET, PASADENA CA 91101
Jesse K Bray director, officer: President and CEO 8950 CYPRESS WATERS BOULEVARD, COPPELL TX 75019
Michael R Rawls officer: EVP, Servicing 8950 CYPRESS WATERS BOULEVARD, COPPELL TX 75019
Amar R Patel officer: See Remarks 8401 N CENTRAL EXPRESSWAY, STE 800, DALLAS TX 75225
Robert Daniel Stiles officer: EVP & CFO 2-8 AVENUE CHARLES DE GAULLE, LUXEMBOURG N4 L-1653
Harold G Lewis officer: President and COO 5501 HEADQUARTERS DRIVE, PLANO TX 75024
David C Hisey officer: EVP, Chief Strategy & EAO 8950 CYPRESS WATERS BOULEVARD, COPPELL TX 75019

Nationstar Mortgage Holdings (Nationstar Mortgage Holdings) Headlines