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Maxar Technologies (Maxar Technologies) Asset Turnover : 0.09 (As of Mar. 2023)


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What is Maxar Technologies Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Maxar Technologies's Revenue for the three months ended in Mar. 2023 was $419 Mil. Maxar Technologies's Total Assets for the quarter that ended in Mar. 2023 was $4,623 Mil. Therefore, Maxar Technologies's Asset Turnover for the quarter that ended in Mar. 2023 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. Maxar Technologies's annualized ROE % for the quarter that ended in Mar. 2023 was -4.07%. It is also linked to ROA % through Du Pont Formula. Maxar Technologies's annualized ROA % for the quarter that ended in Mar. 2023 was -1.21%.


Maxar Technologies Asset Turnover Historical Data

The historical data trend for Maxar Technologies'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.

Maxar Technologies Asset Turnover Chart

Maxar Technologies Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.33 0.36 0.39 0.35

Maxar Technologies Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.09 0.10 0.10 0.07 0.09

Competitive Comparison of Maxar Technologies's Asset Turnover

For the Communication Equipment subindustry, Maxar Technologies'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.


Maxar Technologies's Asset Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Maxar Technologies's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Maxar Technologies's Asset Turnover falls into.



Maxar Technologies Asset Turnover Calculation

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

Maxar Technologies's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=1605/( (4498+4606)/ 2 )
=1605/4552
=0.35

Maxar Technologies's Asset Turnover for the quarter that ended in Mar. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=419/( (4606+4640)/ 2 )
=419/4623
=0.09

* 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.


Maxar Technologies  (NYSE:MAXR) Asset Turnover Explanation

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

Maxar Technologies's annulized ROE % for the quarter that ended in Mar. 2023 is

ROE %**(Q: Mar. 2023 )
=Net Income/Total Stockholders Equity
=-56/1374.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-56 / 1676)*(1676 / 4623)*(4623/ 1374.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=-3.34 %*0.3625*3.3634
=ROA %*Equity Multiplier
=-1.21 %*3.3634
=-4.07 %

Note: The Net Income data used here is four times the quarterly (Mar. 2023) net income data. The Revenue data used here is four times the quarterly (Mar. 2023) 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:

Maxar Technologies's annulized ROA % for the quarter that ended in Mar. 2023 is

ROA %(Q: Mar. 2023 )
=Net Income/Total Assets
=-56/4623
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-56 / 1676)*(1676 / 4623)
=Net Margin %*Asset Turnover
=-3.34 %*0.3625
=-1.21 %

Note: The Net Income data used here is four times the quarterly (Mar. 2023) net income data. The Revenue data used here is four times the quarterly (Mar. 2023) 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.


Maxar Technologies Asset Turnover Related Terms

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


Maxar Technologies (Maxar Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1300 W. 120th Avenue, Westminster, CO, USA, 80234
Maxar Technologies Inc is an integrated space and geospatial intelligence company with a full range of space technology solutions for commercial and government customers including satellites, Earth imagery, geospatial data, and analytics. Its operating segments include Earth Intelligence and Space Infrastructure. Earth Intelligence segment is a provider of advanced geospatial information, applications, and analytic services for national security and commercial solutions, Space Infrastructure segment is engaged in space-based infrastructure, robotics, subsystems, and information solutions to satellite operators and government agencies.
Executives
Eric J Zahler director 600 THIRD AVENUE, NEW YORK NY 10016
Daniel L Jablonsky officer: Group Pres., DigitalGlobe 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Howell M Estes director 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Christopher J. Johnson officer: SVP and GM, Maxar Space 1300 W. 120TH AVENUE, WESTMINSTER CO 80234
Biggs C Porter officer: EVP, CFO TXU CORP.,, 1601 BRYAN STREET, DALLAS TX 75201
Daniel Nord officer: SVP and GM, Enterprise 1300 W. 120TH AVENUE, WESTMINSTER CO 80234
Iii Jeff Robertson officer: SVP, Operations 1300 W. 120TH AVENUE, WESTMINSTER CO 80234
James Ci Lee officer: SVP, General Counsel & Secty MAXAR TECHNOLOGIES, INC., 1300 W. 120TH AVENUE, WESTMINSTER CO 80234
Nick Cyprus director 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Elizabeth Andora officer: SVP and CHRO 1300 W. 120TH AVENUE, WESTMINSTER CO 80234
Eddy Zervigon director 1601 DRY CREEK DRIVE, SUITE 260, LONGMONT CO 80503
Leon Anthony Frazier officer: Group Pres, Radiant Solutions 2325 DULLES CORNER BLVD., SUITE 1000, HERNDON VA 20171
Walter S. Scott officer: EVP and CTO 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Heather A Wilson director 501 EAST SAINT JOSEPH STREET, RAPID CITY SD 57701
Joanne O'rourke Isham director 1140 E. ARQUES AVENUE, SUNNYVALE CA 94805