GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » The Pegasus Companies Inc (OTCPK:PEGX) » Definitions » Asset Turnover

PEGX (The Pegasus) Asset Turnover : 0.00 (As of Sep. 2006)


View and export this data going back to 1996. Start your Free Trial

What is The Pegasus Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. The Pegasus's Revenue for the three months ended in Sep. 2006 was $0.56 Mil. The Pegasus's Total Assets for the quarter that ended in Sep. 2006 was $167.58 Mil. Therefore, The Pegasus's Asset Turnover for the quarter that ended in Sep. 2006 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. The Pegasus's annualized ROE % for the quarter that ended in Sep. 2006 was -23.70%. It is also linked to ROA % through Du Pont Formula. The Pegasus's annualized ROA % for the quarter that ended in Sep. 2006 was -21.34%.


The Pegasus Asset Turnover Historical Data

The historical data trend for The Pegasus'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.

The Pegasus Asset Turnover Chart

The Pegasus Annual Data
Trend Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.01 0.42 - -

The Pegasus Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 - - - - -

Competitive Comparison of The Pegasus's Asset Turnover

For the Broadcasting subindustry, The Pegasus'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.


The Pegasus's Asset Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, The Pegasus's Asset Turnover distribution charts can be found below:

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



The Pegasus Asset Turnover Calculation

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

The Pegasus's Asset Turnover for the fiscal year that ended in Dec. 2005 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2005 )/( (Total Assets (A: Dec. 2004 )+Total Assets (A: Dec. 2005 ))/ count )
=0.859/( (219.401+188.172)/ 2 )
=0.859/203.7865
=0.00

The Pegasus's Asset Turnover for the quarter that ended in Sep. 2006 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2006 )/( (Total Assets (Q: Jun. 2006 )+Total Assets (Q: Sep. 2006 ))/ count )
=0.56/( (171.077+164.079)/ 2 )
=0.56/167.578
=0.00

* 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.


The Pegasus  (OTCPK:PEGX) Asset Turnover Explanation

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

The Pegasus's annulized ROE % for the quarter that ended in Sep. 2006 is

ROE %**(Q: Sep. 2006 )
=Net Income/Total Stockholders Equity
=-35.756/150.881
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-35.756 / 2.24)*(2.24 / 167.578)*(167.578/ 150.881)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1596.25 %*0.0134*1.1107
=ROA %*Equity Multiplier
=-21.34 %*1.1107
=-23.70 %

Note: The Net Income data used here is four times the quarterly (Sep. 2006) net income data. The Revenue data used here is four times the quarterly (Sep. 2006) 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:

The Pegasus's annulized ROA % for the quarter that ended in Sep. 2006 is

ROA %(Q: Sep. 2006 )
=Net Income/Total Assets
=-35.756/167.578
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-35.756 / 2.24)*(2.24 / 167.578)
=Net Margin %*Asset Turnover
=-1596.25 %*0.0134
=-21.34 %

Note: The Net Income data used here is four times the quarterly (Sep. 2006) net income data. The Revenue data used here is four times the quarterly (Sep. 2006) 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.


The Pegasus Asset Turnover Related Terms

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


The Pegasus Business Description

Traded in Other Exchanges
N/A
Address
225 City Line Avenue, Suite 100, Bala Cynwyd, PA, USA, 19004
The Pegasus Companies Inc is the holding company for a variety of satellite and media companies. The company previously operated as an independent provider of DIRECTV to more than 1.1 million subscribers but went into bankruptcy following the termination of the relationship. The company primarily owns and operates six broadcast TV stations and operates three others. These stations serve markets in Tennessee, Florida, Pennsylvania, and Maine.
Executives
Peninsula Investment Partners, L.p. 10 percent owner 404B EAST MAIN STREET, 2ND FLOOR, CHARLOTTESVILLE, VA 22902
Peninsula Capital Advisors Llc 10 percent owner 404B EAST MAIN STREET, 2ND FLOOR, CHARLOTTESVILLE, VA 22902
James Mcentee director CIRA CENTRE, 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Ronald B Stark officer: Principal Accounting Officer C/O NRG ENERGY, INC., 211 CARNEGIE CENTER, PRINCETON NJ 08540
Par Capital Management Inc 10 percent owner 200 CLARENDON STREET, FL 48, BOSTON MA 02116
Pegasus Capital Llc 10 percent owner C/O PEGASUS CAPITAL ADVISORS, L.P., 750 EAST MAIN STREET, SUITE 600, STAMFORD CT 06902

The Pegasus Headlines

No Headlines