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Kingsway Linked Return Of Capital Trust (TSX:KSP.UN.PFD) Asset Turnover : 0.00 (As of . 20)


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What is Kingsway Linked Return Of Capital Trust Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Kingsway Linked Return Of Capital Trust's Revenue for the three months ended in . 20 was C$ Mil. Kingsway Linked Return Of Capital Trust's Total Assets for the quarter that ended in . 20 was C$ Mil. Therefore, Kingsway Linked Return Of Capital Trust's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Kingsway Linked Return Of Capital Trust's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. Kingsway Linked Return Of Capital Trust's annualized ROA % for the quarter that ended in . 20 was %.


Kingsway Linked Return Of Capital Trust Asset Turnover Historical Data

The historical data trend for Kingsway Linked Return Of Capital Trust'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.

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Kingsway Linked Return Of Capital Trust Asset Turnover Chart

Kingsway Linked Return Of Capital Trust Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Asset Turnover
Get a 7-Day Free Trial 0.09 0.08 0.05 0.04 0.04

Kingsway Linked Return Of Capital Trust Quarterly Data
Asset Turnover

Competitive Comparison of Kingsway Linked Return Of Capital Trust's Asset Turnover

For the Asset Management subindustry, Kingsway Linked Return Of Capital Trust'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.


Kingsway Linked Return Of Capital Trust's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Kingsway Linked Return Of Capital Trust's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Kingsway Linked Return Of Capital Trust's Asset Turnover falls into.



Kingsway Linked Return Of Capital Trust Asset Turnover Calculation

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

Kingsway Linked Return Of Capital Trust's Asset Turnover for the fiscal year that ended in Dec. 2012 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2012 )/( (Total Assets (A: Dec. 2011 )+Total Assets (A: Dec. 2012 ))/ count )
=5.433/( (139.328+135.433)/ 2 )
=5.433/137.3805
=0.04

Kingsway Linked Return Of Capital Trust's Asset Turnover for the quarter that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
=

* 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.


Kingsway Linked Return Of Capital Trust  (TSX:KSP.UN.PFD) Asset Turnover Explanation

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

Kingsway Linked Return Of Capital Trust's annulized ROE % for the quarter that ended in . 20 is

ROE %**(Q: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=( / )*( / )*(/ )
=Net Margin %*Asset Turnover*Equity Multiplier
= %**
=ROA %*Equity Multiplier
= %*
= %

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) 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:

Kingsway Linked Return Of Capital Trust's annulized ROA % for the quarter that ended in . 20 is

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) 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.


Kingsway Linked Return Of Capital Trust Asset Turnover Related Terms

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Kingsway Linked Return Of Capital Trust (TSX:KSP.UN.PFD) Business Description

Traded in Other Exchanges
N/A
Address
Kingsway Linked Return is an investment trust established in Canada. The Company seeks to provide quarterly fixed cumulative distributions of $0.3125 per LROC Preferred Unit. The Company will use the net proceeds of this offering to subscribe for and purchase all of the limited partnership units of KL Limited Partnership. The Company's activities are managed by Scotia Managed Companies Administration Inc., and overseen by the trustees of the Trust.

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