GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » STR Holdings Inc (OTCPK:STRI) » Definitions » Asset Turnover
中文

STR Holdings (STR Holdings) Asset Turnover : 0.05 (As of Sep. 2019)


View and export this data going back to 2009. Start your Free Trial

What is STR Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. STR Holdings's Revenue for the three months ended in Sep. 2019 was $1.24 Mil. STR Holdings's Total Assets for the quarter that ended in Sep. 2019 was $23.42 Mil. Therefore, STR Holdings's Asset Turnover for the quarter that ended in Sep. 2019 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. STR Holdings's annualized ROE % for the quarter that ended in Sep. 2019 was -36.94%. It is also linked to ROA % through Du Pont Formula. STR Holdings's annualized ROA % for the quarter that ended in Sep. 2019 was -24.70%.


STR Holdings Asset Turnover Historical Data

The historical data trend for STR 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.

* Premium members only.

STR Holdings Asset Turnover Chart

STR Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.48 0.44 0.39 0.36

STR Holdings Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.08 0.07 0.07 0.05

Competitive Comparison of STR Holdings's Asset Turnover

For the Semiconductor Equipment & Materials subindustry, STR 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.


STR Holdings's Asset Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, STR Holdings's Asset Turnover distribution charts can be found below:

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



STR Holdings Asset Turnover Calculation

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

STR Holdings's Asset Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2018 )/( (Total Assets (A: Dec. 2017 )+Total Assets (A: Dec. 2018 ))/ count )
=10.879/( (33.186+27.149)/ 2 )
=10.879/30.1675
=0.36

STR Holdings's Asset Turnover for the quarter that ended in Sep. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2019 )/( (Total Assets (Q: Jun. 2019 )+Total Assets (Q: Sep. 2019 ))/ count )
=1.235/( (22.829+24.002)/ 2 )
=1.235/23.4155
=0.05

* 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.


STR Holdings  (OTCPK:STRI) Asset Turnover Explanation

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

STR Holdings's annulized ROE % for the quarter that ended in Sep. 2019 is

ROE %**(Q: Sep. 2019 )
=Net Income/Total Stockholders Equity
=-5.784/15.6595
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-5.784 / 4.94)*(4.94 / 23.4155)*(23.4155/ 15.6595)
=Net Margin %*Asset Turnover*Equity Multiplier
=-117.09 %*0.211*1.4953
=ROA %*Equity Multiplier
=-24.70 %*1.4953
=-36.94 %

Note: The Net Income data used here is four times the quarterly (Sep. 2019) net income data. The Revenue data used here is four times the quarterly (Sep. 2019) 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:

STR Holdings's annulized ROA % for the quarter that ended in Sep. 2019 is

ROA %(Q: Sep. 2019 )
=Net Income/Total Assets
=-5.784/23.4155
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-5.784 / 4.94)*(4.94 / 23.4155)
=Net Margin %*Asset Turnover
=-117.09 %*0.211
=-24.70 %

Note: The Net Income data used here is four times the quarterly (Sep. 2019) net income data. The Revenue data used here is four times the quarterly (Sep. 2019) 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.


STR Holdings Asset Turnover Related Terms

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


STR Holdings (STR Holdings) Business Description

Traded in Other Exchanges
N/A
Address
10 Water Street, Enfield, CT, USA, 06082
STR Holdings Inc is a U.S based holding company. It is a provider of encapsulants to the solar industry. Encapsulant is a component used to protect solar cells and hold solar modules together. It has developed ethylene-vinyl acetate (EVA)-based encapsulants for use in commercial solar module manufacturing. The company's encapsulant formulations offer a range of properties and processing attributes, including various curing times and temperatures that align with the requirements of its customers' individual lamination processes and module constructions.
Executives
John A. Janitz director 6644 CORNERSTONE LANE, ROCHESTER HILLS MI 48306
Andrew M Leitch director 6615 CALLE PONTE BELLA, RANCHO SANTA FE CA 92091
Andrew Africk director
Alan N Forman officer: Senior VP & Gen. Counsel 21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Riley Investment Management Llc 10 percent owner 11100 SANTA MONICA BLVD., SUITE 810, LOS ANGELES CA 90025
Riley Investment Partners Lp 10 percent owner 11100 SANTA MONICA BLVD STE 810, LOS ANGELES CA 90025
Dominick Schiano director 30275 OAKLEAF LANE, FRANKLIN MI 48025
B. Riley & Co., Llc 10 percent owner 11100 SANTA MONICA BLVD., STE. 800, LOS ANGELES CA 90025
Bryant R Riley 10 percent owner C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
Suisse Ag/ Credit 10 percent owner PARADEPLATZ 8, ZURICH V8 CH 8001
Susan C Schnabel director C/O CREDIT SUISSE FIRST BOSTON, 11 MADISON AVE, NEW YORK NY 10010
Red Mountain Partners, L.p. 10 percent owner 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067
Red Mountain Capital Management Inc other: Please refer to Remarks below. 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067
Rmcp Gp Llc other: Please refer to Remarks below. 1999 AVENUE OF THE STARS, SUITE 1100, LOS ANGELES CA 90067
Red Mountain Capital Partners Llc other: Please refer to Remarks below. 1999 AVENUE OF THE STARS, SUITE 1100, LOS ANGELES CA 90067

STR Holdings (STR Holdings) Headlines

From GuruFocus

STR Holdings, Inc. Elects to Deregister its Common Stock

By Marketwired Marketwired 02-08-2020

Str Holdings Inc Reports Operating Results (10-Q)

By gurufocus 10qk 08-12-2010

STR Holdings, Inc. Board Approves Wind-down of the Company

By ACCESSWIRE ACCESSWIRE 05-18-2021

Str Holdings Inc (STRI) Chairman, Pres. & CEO Dennis L. Jilot sells 41,069 Shares

By GuruFocus Research GuruFocus Editor 04-21-2010

Str Holdings Inc (STRI) Exec VP & CFO Barry A. Morris sells 5,134 Shares

By GuruFocus Research GuruFocus Editor 04-21-2010

STR Holdings, Inc. Elects to Deregister its Common Stock

By GlobeNewswire GlobeNewswire 02-07-2020

Str Holdings Inc Reports Operating Results (10-Q)

By gurufocus 10qk 05-12-2010

Str Holdings Inc Reports Operating Results (10-Q)

By gurufocus 10qk 11-12-2010

STR Holdings, Inc. Completes Asset Sale to H.B. Fuller Company

By ACCESSWIRE ACCESSWIRE 01-27-2021