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Scripps Networks Interactive (Scripps Networks Interactive) Asset Turnover : 0.15 (As of Dec. 2017)


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What is Scripps Networks Interactive Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Scripps Networks Interactive's Revenue for the three months ended in Dec. 2017 was $956 Mil. Scripps Networks Interactive's Total Assets for the quarter that ended in Dec. 2017 was $6,499 Mil. Therefore, Scripps Networks Interactive's Asset Turnover for the quarter that ended in Dec. 2017 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. Scripps Networks Interactive's annualized ROE % for the quarter that ended in Dec. 2017 was 9.67%. It is also linked to ROA % through Du Pont Formula. Scripps Networks Interactive's annualized ROA % for the quarter that ended in Dec. 2017 was 4.05%.


Scripps Networks Interactive Asset Turnover Historical Data

The historical data trend for Scripps Networks Interactive'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.

Scripps Networks Interactive Asset Turnover Chart

Scripps Networks Interactive 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 0.59 0.59 0.53 0.53 0.56

Scripps Networks Interactive 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 0.14 0.14 0.15 0.13 0.15

Competitive Comparison of Scripps Networks Interactive's Asset Turnover

For the Broadcasting subindustry, Scripps Networks Interactive'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.


Scripps Networks Interactive's Asset Turnover Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Scripps Networks Interactive's Asset Turnover falls into.



Scripps Networks Interactive Asset Turnover Calculation

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

Scripps Networks Interactive'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 )
=3561.807/( (6200.294+6521.68)/ 2 )
=3561.807/6360.987
=0.56

Scripps Networks Interactive'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 )
=956.116/( (6476.414+6521.68)/ 2 )
=956.116/6499.047
=0.15

* 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.


Scripps Networks Interactive  (NAS:SNI) Asset Turnover Explanation

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

Scripps Networks Interactive's annulized ROE % for the quarter that ended in Dec. 2017 is

ROE %**(Q: Dec. 2017 )
=Net Income/Total Stockholders Equity
=263.488/2723.881
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(263.488 / 3824.464)*(3824.464 / 6499.047)*(6499.047/ 2723.881)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.89 %*0.5885*2.386
=ROA %*Equity Multiplier
=4.05 %*2.386
=9.67 %

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:

Scripps Networks Interactive's annulized ROA % for the quarter that ended in Dec. 2017 is

ROA %(Q: Dec. 2017 )
=Net Income/Total Assets
=263.488/6499.047
=(Net Income / Revenue)*(Revenue / Total Assets)
=(263.488 / 3824.464)*(3824.464 / 6499.047)
=Net Margin %*Asset Turnover
=6.89 %*0.5885
=4.05 %

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.


Scripps Networks Interactive Asset Turnover Related Terms

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


Scripps Networks Interactive (Scripps Networks Interactive) Business Description

Traded in Other Exchanges
N/A
Address
Scripps is a vertically integrated content company that operates six domestic cable channels and owns 98% of the content that airs on its channels. Spun off from E.W. Scripps in 2008, Scripps' three largest networks (Food Network, HGTV, and Travel Channel) reach over 90 million households subscribing to basic cable in the U.S. While two (HGTV and Food Network) networks regularly rank within the top 25 networks in the U.S., Scripps has very little exposure to international markets with only 3% of revenue earned from outside the U.S.
Executives
Mitchell Jenny Sue Scripps 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
Careen Cardin 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT. MITCHELL KY 41017
Eva Scripps Attal 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT. MITCHELL KY 41017
Savannah Brickner 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017
Scripps William A. Jr. 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017
Wesley W. Scripps director, 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017
Samantha J. Brickner 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017
Estate Of Robert P. Scripps, Jr. 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT. MITCHELL KY 41017
Nathaniel W Heidt 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017
Austin S Heidt 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017
Heidt Robert S Iii 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017
Crystal Vasquez Lozano 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
Jessica L. Scripps 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
Dubuc Cody 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
J. Sebastian Scripps 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT. MITCHELL KY 41017

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