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OneBeacon Insurance Group (OneBeacon Insurance Group) Asset Turnover : 0.08 (As of Jun. 2017)


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What is OneBeacon Insurance Group Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. OneBeacon Insurance Group's Revenue for the three months ended in Jun. 2017 was $306 Mil. OneBeacon Insurance Group's Total Assets for the quarter that ended in Jun. 2017 was $3,634 Mil. Therefore, OneBeacon Insurance Group's Asset Turnover for the quarter that ended in Jun. 2017 was 0.08.

Asset Turnover is linked to ROE % through Du Pont Formula. OneBeacon Insurance Group's annualized ROE % for the quarter that ended in Jun. 2017 was -0.04%. It is also linked to ROA % through Du Pont Formula. OneBeacon Insurance Group's annualized ROA % for the quarter that ended in Jun. 2017 was -0.01%.


OneBeacon Insurance Group Asset Turnover Historical Data

The historical data trend for OneBeacon Insurance Group'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.

OneBeacon Insurance Group Asset Turnover Chart

OneBeacon Insurance Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.23 0.29 0.33 0.33

OneBeacon Insurance Group Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 0.09 0.07 0.08 0.08

Competitive Comparison of OneBeacon Insurance Group's Asset Turnover

For the Insurance - Specialty subindustry, OneBeacon Insurance Group'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.


OneBeacon Insurance Group's Asset Turnover Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, OneBeacon Insurance Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where OneBeacon Insurance Group's Asset Turnover falls into.



OneBeacon Insurance Group Asset Turnover Calculation

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

OneBeacon Insurance Group's Asset Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=1194.4/( (3602.6+3589.9)/ 2 )
=1194.4/3596.25
=0.33

OneBeacon Insurance Group's Asset Turnover for the quarter that ended in Jun. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2017 )/( (Total Assets (Q: Mar. 2017 )+Total Assets (Q: Jun. 2017 ))/ count )
=306.3/( (3572+3696.4)/ 2 )
=306.3/3634.2
=0.08

* 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.


OneBeacon Insurance Group  (NYSE:OB) Asset Turnover Explanation

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

OneBeacon Insurance Group's annulized ROE % for the quarter that ended in Jun. 2017 is

ROE %**(Q: Jun. 2017 )
=Net Income/Total Stockholders Equity
=-0.4/1024.25
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.4 / 1225.2)*(1225.2 / 3634.2)*(3634.2/ 1024.25)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.03 %*0.3371*3.5482
=ROA %*Equity Multiplier
=-0.01 %*3.5482
=-0.04 %

Note: The Net Income data used here is four times the quarterly (Jun. 2017) net income data. The Revenue data used here is four times the quarterly (Jun. 2017) 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:

OneBeacon Insurance Group's annulized ROA % for the quarter that ended in Jun. 2017 is

ROA %(Q: Jun. 2017 )
=Net Income/Total Assets
=-0.4/3634.2
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.4 / 1225.2)*(1225.2 / 3634.2)
=Net Margin %*Asset Turnover
=-0.03 %*0.3371
=-0.01 %

Note: The Net Income data used here is four times the quarterly (Jun. 2017) net income data. The Revenue data used here is four times the quarterly (Jun. 2017) 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.


OneBeacon Insurance Group Asset Turnover Related Terms

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


OneBeacon Insurance Group (OneBeacon Insurance Group) Business Description

Traded in Other Exchanges
N/A
Address
OneBeacon Insurance Group Ltd is a specialty property and casualty insurance writer. It offers a wide range of insurance products primarily in the US market through independent agencies, regional and national brokers, wholesalers and managing general agencies. Business activity of the group is further divided in to various segments such as Specialty Products, Specialty Industries, and Investing, Financing and Corporate. Its geographical area of operation includes California, New York, Texas, District of Columbia, Florida and Other and derives most of the revenue through premium and investment income.
Executives
Kent D Urness director 1 BEACON LANE, CANTON MA 02021
John C Treacy officer: SVP & Chief Accounting Officer 601 CARLSON PARKWAY, SUITE 600, MINNETONKA MN 55305
T Michael Miller director, officer: President & CEO C/O ONEBEACON INSURANCE GROUP, LTD, 1 BEACON LANE, CANTON MA 02021
Paul H. Mcdonough officer: EVP & Chief Financial Officer ONE BEACON LANE, CANTON MA 02021
Morgan W Davis director 80 SOUTH MAIN STREET, HANOVER NH 03755
Lowndes Andrew Smith director C/O WHITE MOUNTIAN INSURANCE GROUP, 80 S MIAN ST, HANOVER NH 03755
Patrick A Thiele director PARTNERRE LTD, WELLESLEY HOUSE 90 PITTS BAY RD, PEMBROKE BERMUDA D0 HM 08
George Manning Rountree director C/O 80 SOUTH MAIN STREET, HANOVER NH 03755
Michael J Mcsally officer: SVP OneBeacon Insurance Co. 10375 PROFESSIONAL CIRCLE, RENO NV 89521
Kevin James Rehnberg officer: SVP, OneBeacon Insurance Co. C/O ONEBEACON INSURANCE GROUP, LTD, 1 BEACON LANE, CANTON MA 02021
Barrette Raymond Joseph Rene director C/O WHITE MOUNTAINS INS, 80 S. MAIN ST, HANOVER NH 03755
Allan Lewis Waters director 14 WESLEY STREET, HAMILTON D0 HM11
Steven Elliot Fass director 10 DEPUTY MINISTER DR, COLTS NECK NJ 07722
Reid Tarlton Campbell director C/O WHITE MOUNTAINS INSURANCE GROUP, 80 SOUTH MAIN STREET, HANOVER NH 03755
David Thomas Foy director C/O WHITE MOUNTAINS INSURANCE GROUP LTD, 80 SOUTH MAIN STREET, HANOVER NH 03755