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Universal Health Realtyome Trust (Universal Health Realtyome Trust) Asset Turnover

: 0.04 (As of Dec. 2023)
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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Universal Health Realtyome Trust's Revenue for the three months ended in Dec. 2023 was $24.32 Mil. Universal Health Realtyome Trust's Total Assets for the quarter that ended in Dec. 2023 was $602.13 Mil. Therefore, Universal Health Realtyome Trust's Asset Turnover for the quarter that ended in Dec. 2023 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Universal Health Realtyome Trust's annualized ROE % for the quarter that ended in Dec. 2023 was 6.99%. It is also linked to ROA % through Du Pont Formula. Universal Health Realtyome Trust's annualized ROA % for the quarter that ended in Dec. 2023 was 2.39%.


Universal Health Realtyome Trust Asset Turnover Historical Data

The historical data trend for Universal Health Realtyome 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.

* Premium members only.

Universal Health Realtyome Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.16 0.16 0.15 0.15 0.16

Universal Health Realtyome Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Asset Turnover 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 Premium Member Only Premium Member Only Premium Member Only 0.04 0.04 0.04 0.04 0.04

Competitive Comparison

For the REIT - Healthcare Facilities subindustry, Universal Health Realtyome 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.


Universal Health Realtyome Trust Asset Turnover Distribution

For the REITs industry and Real Estate sector, Universal Health Realtyome Trust's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Universal Health Realtyome Trust's Asset Turnover falls into.



Universal Health Realtyome Trust Asset Turnover Calculation

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

Universal Health Realtyome Trust's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=95.575/( (607.54+596.369)/ 2 )
=95.575/601.9545
=0.16

Universal Health Realtyome Trust's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=24.32/( (607.883+596.369)/ 2 )
=24.32/602.126
=0.04

* 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.


Universal Health Realtyome Trust  (NYSE:UHT) Asset Turnover Explanation

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

Universal Health Realtyome Trust's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=14.372/205.621
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(14.372 / 97.28)*(97.28 / 602.126)*(602.126/ 205.621)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.77 %*0.1616*2.9283
=ROA %*Equity Multiplier
=2.39 %*2.9283
=6.99 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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:

Universal Health Realtyome Trust's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=14.372/602.126
=(Net Income / Revenue)*(Revenue / Total Assets)
=(14.372 / 97.28)*(97.28 / 602.126)
=Net Margin %*Asset Turnover
=14.77 %*0.1616
=2.39 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


Universal Health Realtyome Trust Asset Turnover Related Terms

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Universal Health Realtyome Trust (Universal Health Realtyome Trust) Business Description

Traded in Other Exchanges
Address
367 South Gulph Road, P.O. Box 61558, Universal Corporate Center, King of Prussia, PA, USA, 19406-0958
Universal Health Realty Income Trust is a healthcare REIT. The company is engaged in the business of investing in and leasing healthcare and human service facilities through direct ownership or through joint ventures, which aggregate into a single reportable segment. The company actively manages a portfolio of healthcare and human service facilities. The revenue and net income are generated from the operation of the investment portfolio which is located throughout the United States.
Executives
Alan B Miller director, officer: Chairman, President and CEO 367 SOUTH GULPH ROAD, KING OF PRUSSIA PA 19406
Robert F Mccadden other: Trustee C/O PENN. REAL ESTATE INVESTMENT TRUST, 200 SOUTH BROAD STREET, PHILADELPHIA PA 19102
Rebecca A Guzman director 1201 NORTH MARKET STREET, SUITE 501, WILMINGTON DE 19801-1659
Karla J Peterson officer: Vice President 367 SOUTH GULPH ROAD, KING OF PRUSSIA PA 19406
Michael Allan Domb director 1845 WALNUT STREET, SUITE 2200, PHILADELPHIA PA 19103
James P Morey director 334 AUBREY ROAD, WYNNEWOOD PA 19096
Gayle L Capozzalo director 789 HOWARD AVENUE, 1059 CLINIC BUILDING, NEW HAVEN CT 06519
Charles F Boyle officer: Vice President and CFO 367 SOUTH GULPH ROAD, KING OF PRUSSIA PA 19406
Randall C Stein other: Trustee 940 HAVERFORD ROAD, BRYN MAWR PA 19010
Marc D Miller other: Trustee 367 SOUTH GULPH ROAD, KING OF PRUSSIA PA 19406
Cheryl K Ramagano officer: VP, Treasurer & Secretary 367 SOUTH GULPH ROAD, KING OF PRUSSIA PA 19406
Miles L Berger other: Trustee
Myles H Tanenbaum other: Trustee
Sussman Elliot J Md Mba other: Trustee
Dalton James E Jr other: Trustee 6505 EDINBURGH DR, NASHVILLE TN 37221