PPHI (Positive Physicians Holdings) Asset Turnover: 0.04 (As of Jun. 2022)

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PPHI Positive Physicians Holdings Inc PPHI
12 GF Score
Price $7.50
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What is Positive Physicians Holdings Asset Turnover?

Positive Physicians Holdings PPHI 12 Asset Turnover is 0.04 as of Jun. 2022. GuruFocus rates PPHI with a GF Score™ of 12/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Positive Physicians Holdings's Revenue for the three months ended in Jun. 2022 was $5.81 Mil. Positive Physicians Holdings's Total Assets for the quarter that ended in Jun. 2022 was $156.86 Mil. Therefore, Positive Physicians Holdings's Asset Turnover for the quarter that ended in Jun. 2022 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Positive Physicians Holdings's annualized ROE % for the quarter that ended in Jun. 2022 was 0.45%. It is also linked to ROA % through Du Pont Formula. Positive Physicians Holdings's annualized ROA % for the quarter that ended in Jun. 2022 was 0.18%.


Positive Physicians Holdings  (OTCPK:PPHI) Asset Turnover Explanation

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

Positive Physicians Holdings's annulized ROE % for the quarter that ended in Jun. 2022 is

ROE %**(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=0.284/63.2555
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.284 / 23.24)*(23.24 / 156.8625)*(156.8625/ 63.2555)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.22 %*0.1482*2.4798
=ROA %*Equity Multiplier
=0.18 %*2.4798
=0.45 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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:

Positive Physicians Holdings's annulized ROA % for the quarter that ended in Jun. 2022 is

ROA %(Q: Jun. 2022 )
=Net Income/Total Assets
=0.284/156.8625
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.284 / 23.24)*(23.24 / 156.8625)
=Net Margin %*Asset Turnover
=1.22 %*0.1482
=0.18 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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.


Positive Physicians Holdings Asset Turnover Related Terms


Positive Physicians Holdings Asset Turnover Historical Data

* Premium members only.

The historical data trend for Positive Physicians 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.

Positive Physicians Holdings Asset Turnover Chart

Positive Physicians Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Get a 7-Day Free Trial 0.20 0.26 0.20 0.13 0.14

Positive Physicians Holdings Quarterly Data
Dec16 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.04 0.03 0.04 0.04

PPHI vs MMMM, ICCH, FACO: Asset Turnover Comparison

For the Insurance - Specialty subindustry, Positive Physicians 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.


Positive Physicians Holdings Asset Turnover vs Insurance Industry

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

* The bar in red indicates where Positive Physicians Holdings's Asset Turnover falls into.


PPHI
12GF Score
Positive Physicians Holdings Inc PPHI
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Positive Physicians Holdings Asset Turnover Calculation

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

Positive Physicians Holdings's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=22.335/( (158.444+161.692)/ 2 )
=22.335/160.068
=0.14

Positive Physicians Holdings's Asset Turnover for the quarter that ended in Jun. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Jun. 2022 ))/ count )
=5.81/( (159.254+154.471)/ 2 )
=5.81/156.8625
=0.04

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.04 mean?
Positive Physicians Holdings (PPHI) has a Asset Turnover of 0.04 as of Jun. 2022. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Positive Physicians Holdings and its competitors.
Is Positive Physicians Holdings' Asset Turnover too high?
Positive Physicians Holdings' current Asset Turnover is 0.04. Overall, Positive Physicians Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Positive Physicians Holdings' Asset Turnover compare to MMMM and ICCH?
Positive Physicians Holdings' Asset Turnover of 0.04 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for an Insurance company?
A good Asset Turnover depends on the Insurance industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Positive Physicians Holdings and its competitors. Positive Physicians Holdings's current Asset Turnover is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Positive Physicians Holdings stock overvalued right now?
Positive Physicians Holdings (PPHI) has a current Asset Turnover of 0.04. The current Asset Turnover is 0.04. Positive Physicians Holdings' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Positive Physicians Holdings (PPHI), the current Asset Turnover is 0.04 as of Jun. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Positive Physicians Holdings Business Description

Address 850 Cassatt Road, Suite 220, 100 Berwyn Park, Berwyn, PA, USA, 19312
Positive Physicians Holdings Inc, through its subsidiaries, writes medical professional liability insurance for physicians, physician groups, and allied healthcare providers such as physician assistants and certified registered nurse practitioners. The insurance coverage offers claims-made coverage, claims-made plus, and occurrence-based policies, as well as tail coverage in Pennsylvania, New Jersey, Ohio, Delaware, Maryland, South Carolina, and Michigan. The company generates revenue in the form of net premiums, net investment income, and net realized and unrealized gains from investments.
12GF Score

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