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Regal Entertainment Group (Regal Entertainment Group) Asset Turnover : 0.31 (As of Dec. 2017)


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What is Regal Entertainment 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. Regal Entertainment Group's Revenue for the three months ended in Dec. 2017 was $862 Mil. Regal Entertainment Group's Total Assets for the quarter that ended in Dec. 2017 was $2,758 Mil. Therefore, Regal Entertainment Group's Asset Turnover for the quarter that ended in Dec. 2017 was 0.31.

Asset Turnover is linked to ROE % through Du Pont Formula. Regal Entertainment Group's annualized ROE % for the quarter that ended in Dec. 2017 was -13.51%. It is also linked to ROA % through Du Pont Formula. Regal Entertainment Group's annualized ROA % for the quarter that ended in Dec. 2017 was 4.19%.


Regal Entertainment Group Asset Turnover Historical Data

The historical data trend for Regal Entertainment 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.

Regal Entertainment Group Asset Turnover Chart

Regal Entertainment Group Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 1.14 1.22 1.22 1.15

Regal Entertainment Group Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 0.32 0.31 0.28 0.26 0.31

Competitive Comparison of Regal Entertainment Group's Asset Turnover

For the Broadcasting subindustry, Regal Entertainment 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.


Regal Entertainment Group's Asset Turnover Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Regal Entertainment Group's Asset Turnover falls into.



Regal Entertainment Group Asset Turnover Calculation

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

Regal Entertainment Group'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 )
=3163/( (2645.7+2842.9)/ 2 )
=3163/2744.3
=1.15

Regal Entertainment Group's Asset Turnover for the quarter that ended in Dec. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2017 )/( (Total Assets (Q: Sep. 2017 )+Total Assets (Q: Dec. 2017 ))/ count )
=861.6/( (2672.2+2842.9)/ 2 )
=861.6/2757.55
=0.31

* 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.


Regal Entertainment Group  (NYSE:RGC) Asset Turnover Explanation

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

Regal Entertainment Group's annulized ROE % for the quarter that ended in Dec. 2017 is

ROE %**(Q: Dec. 2017 )
=Net Income/Total Stockholders Equity
=115.6/-855.6
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(115.6 / 3446.4)*(3446.4 / 2757.55)*(2757.55/ -855.6)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.35 %*1.2498*-3.2229
=ROA %*Equity Multiplier
=4.19 %*-3.2229
=-13.51 %

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

Regal Entertainment Group's annulized ROA % for the quarter that ended in Dec. 2017 is

ROA %(Q: Dec. 2017 )
=Net Income/Total Assets
=115.6/2757.55
=(Net Income / Revenue)*(Revenue / Total Assets)
=(115.6 / 3446.4)*(3446.4 / 2757.55)
=Net Margin %*Asset Turnover
=3.35 %*1.2498
=4.19 %

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


Regal Entertainment Group Asset Turnover Related Terms

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


Regal Entertainment Group (Regal Entertainment Group) Business Description

Traded in Other Exchanges
N/A
Address
Regal is the largest movie theater circuit in the United States. It operates more than 6,300 screens in 39 states, including 44 of the top 50 designated market areas. Regal generated nearly $3 billion of revenue, approximately 70% of which was from ticket sales, 25% from concessions sales, and the remaining 5% from other streams, such as on-screen advertising and in-lobby video games. Most of Regal's theaters are located in midsize cities and suburban areas of larger cities.
Executives
Amy E Miles director, officer: Chief Executive Officer
David H Keyte director 1615 WYNKOOP STREET, DENVER CO 80902
Lee M Thomas director 133 PEACHTREE ST NE, 41ST FL, ATLANTA GA 30303
Alex Yemenidjian director C/O GUESS?, INC., 1444 SOUTH ALAMEDA STREET, LOS ANGELES CA 90021
Bell Thomas D Jr director
Charles E Brymer director 437 MADISON AVENUE, NEW YORK NY 10022
Philip F Anschutz 10 percent owner 2400 ANACONDA TOWER 555 SEVENTEENTH ST, C/O ANSCHUTZ CO STE 2400, DENVER CO 80202
Michael L Campbell director 7132 REGAL LANE, KNOXVILLE TN 37918
Peter B Brandow officer: EVP, General Counsel, Sec. C/O REGAL ENTERTAINMENT GROUP, 7132 REGAL LANDE, KNOXVILLE TN 37918
Stephen A Kaplan director 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Anschutz Co 10 percent owner 555 SEVENTEENTH STREET, SUITE 2400, DENVER CO 80202
Oaktree Capital Management Lp 10 percent owner 333 S GRAND AVE 28TH FL, LOS ANGELES CA 90071
Ocm Principal Opportunities Fund Ii Lp 10 percent owner
Kurt C Hall other: Former Co-Chairman and Co-CEO C/O REGAL ENTERTAINMENT GROUP, 7132 REGAL LANDE, KNOXVILLE TN 37918
Michael J Dolan director C/O MATTEL INC, 333 CONTINENTAL BLVD M-1518, EL SEGUNDO CA 90245

Regal Entertainment Group (Regal Entertainment Group) Headlines

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