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Brookfield Office Properties (TSX:BPO.PR.C.PFD) Asset Turnover : 0.02 (As of Mar. 2016)


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What is Brookfield Office Properties Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Brookfield Office Properties's Revenue for the three months ended in Mar. 2016 was C$669.24 Mil. Brookfield Office Properties's Total Assets for the quarter that ended in Mar. 2016 was C$46,113.27 Mil. Therefore, Brookfield Office Properties's Asset Turnover for the quarter that ended in Mar. 2016 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Brookfield Office Properties's annualized ROE % for the quarter that ended in Mar. 2016 was 4.04%. It is also linked to ROA % through Du Pont Formula. Brookfield Office Properties's annualized ROA % for the quarter that ended in Mar. 2016 was 1.74%.


Brookfield Office Properties Asset Turnover Historical Data

The historical data trend for Brookfield Office Properties'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.

Brookfield Office Properties Asset Turnover Chart

Brookfield Office Properties Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.08 0.08 0.08 0.07

Brookfield Office Properties Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 0.02 0.02 0.02 0.02 0.02

Competitive Comparison of Brookfield Office Properties's Asset Turnover

For the Real Estate Services subindustry, Brookfield Office Properties'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.


Brookfield Office Properties's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Brookfield Office Properties's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Brookfield Office Properties's Asset Turnover falls into.



Brookfield Office Properties Asset Turnover Calculation

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

Brookfield Office Properties's Asset Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2015 )/( (Total Assets (A: Dec. 2014 )+Total Assets (A: Dec. 2015 ))/ count )
=2975.721/( (39675.846+46561.12)/ 2 )
=2975.721/43118.483
=0.07

Brookfield Office Properties's Asset Turnover for the quarter that ended in Mar. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2016 )/( (Total Assets (Q: Dec. 2015 )+Total Assets (Q: Mar. 2016 ))/ count )
=669.236/( (46561.12+45665.41)/ 2 )
=669.236/46113.265
=0.01

* 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.


Brookfield Office Properties  (TSX:BPO.PR.C.PFD) Asset Turnover Explanation

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

Brookfield Office Properties's annulized ROE % for the quarter that ended in Mar. 2016 is

ROE %**(Q: Mar. 2016 )
=Net Income/Total Stockholders Equity
=804.14/19919.4105
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(804.14 / 2676.944)*(2676.944 / 46113.265)*(46113.265/ 19919.4105)
=Net Margin %*Asset Turnover*Equity Multiplier
=30.04 %*0.0581*2.315
=ROA %*Equity Multiplier
=1.74 %*2.315
=4.04 %

Note: The Net Income data used here is four times the quarterly (Mar. 2016) net income data. The Revenue data used here is four times the quarterly (Mar. 2016) 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:

Brookfield Office Properties's annulized ROA % for the quarter that ended in Mar. 2016 is

ROA %(Q: Mar. 2016 )
=Net Income/Total Assets
=804.14/46113.265
=(Net Income / Revenue)*(Revenue / Total Assets)
=(804.14 / 2676.944)*(2676.944 / 46113.265)
=Net Margin %*Asset Turnover
=30.04 %*0.0581
=1.74 %

Note: The Net Income data used here is four times the quarterly (Mar. 2016) net income data. The Revenue data used here is four times the quarterly (Mar. 2016) 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.


Brookfield Office Properties Asset Turnover Related Terms

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Brookfield Office Properties (TSX:BPO.PR.C.PFD) Business Description

Address
181 Bay Street, Suite 330, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Brookfield Office Properties Inc is a real estate investment firm. It acts as owner, operator, and developer of office and multifamily assets. The office property division defines the skylines of dynamic cities around the world, including gateway cities such as New York, London, Berlin, Toronto, and Sydney and the multifamily business owns, develops, renovates and manages approximately 40,000 high-quality rental apartment buildings in supply constrained markets of major cities such as New York and London, as well as high growth markets in the suburban U.S. In addition, it caters to tenants in financial services, government, and energy and resource sectors.

Brookfield Office Properties (TSX:BPO.PR.C.PFD) Headlines

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