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Viasat (NAS:VSAT) Asset Turnover

: 0.10 (As of Sep. 2022)
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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. Viasat's Revenue for the three months ended in Sep. 2022 was $657 Mil. Viasat's Total Assets for the quarter that ended in Sep. 2022 was $6,497 Mil. Therefore, Viasat's Asset Turnover for the quarter that ended in Sep. 2022 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. Viasat's annualized ROE % for the quarter that ended in Sep. 2022 was -7.35%. It is also linked to ROA % through Du Pont Formula. Viasat's annualized ROA % for the quarter that ended in Sep. 2022 was -2.97%.


Viasat Asset Turnover Historical Data

The historical data trend for Viasat'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.

Viasat Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Asset Turnover
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.50 0.56 0.53 0.44 0.48

Viasat Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.10 0.12 0.11 0.11 0.10

Competitive Comparison

For the Communication Equipment subindustry, Viasat'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.

   

Viasat Asset Turnover Distribution

For the Hardware industry and Technology sector, Viasat's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Viasat's Asset Turnover falls in comparison to its industry or sector. The grey bar indicates the Asset Turnover's extreme value range as defined by GuruFocus.



Viasat Asset Turnover Calculation

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

Viasat's Asset Turnover for the fiscal year that ended in Mar. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2022 )/( (Total Assets (A: Mar. 2021 )+Total Assets (A: Mar. 2022 ))/ count )
=2787.635/( (5349.467+6389.346)/ 2 )
=2787.635/5869.4065
=0.47

Viasat's Asset Turnover for the quarter that ended in Sep. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=656.683/( (6483.355+6510.28)/ 2 )
=656.683/6496.8175
=0.10

* 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.


Viasat  (NAS:VSAT) Asset Turnover Explanation

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

Viasat's annulized ROE % for the quarter that ended in Sep. 2022 is

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=-192.96/2624.7095
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-192.96 / 2626.732)*(2626.732 / 6496.8175)*(6496.8175/ 2624.7095)
=Net Margin %*Asset Turnover*Equity Multiplier
=-7.35 %*0.4043*2.4753
=ROA %*Equity Multiplier
=-2.97 %*2.4753
=-7.35 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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:

Viasat's annulized ROA % for the quarter that ended in Sep. 2022 is

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=-192.96/6496.8175
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-192.96 / 2626.732)*(2626.732 / 6496.8175)
=Net Margin %*Asset Turnover
=-7.35 %*0.4043
=-2.97 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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.


Viasat Asset Turnover Related Terms

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


Viasat (NAS:VSAT) Business Description

Viasat logo
Traded in Other Exchanges
Address
6155 El Camino Real, Carlsbad, CA, USA, 92009
Viasat Inc provides bandwidth technologies and services in three segments: satellite services, which provides satellite-based high-speed broadband services to consumers, enterprises, and commercial airlines; commercial networks, which develops end-to-end communication and connectivity systems; and government systems, which produces network-centric Internet Protocol-based secure government communication systems. A large majority of the firm's revenue is generated in the United States, with the rest coming from the Americas, Europe, Middle East, Africa, and Asia-Pacific.
Executives
Craig Andrew Miller officer: Pres. Government Systems C/O VIASAT, INC., 6155 EL CAMINO REAL, CARLSBAD CA 92009
Krishna Nathan officer: Chief Information Officer 55 WATER STREET, NEW YORK NY 10020
Evan Christopher Dixon officer: Pres. Global Fixed Broadband C/O VIASAT, INC., 6155 EL CAMINO REAL, CARLSBAD CA 92009
James Frederick Bridenstine director C/O VIASAT, INC., 6155 EL CAMINO REAL, CARLSBAD CA 92009
James Michael Dodd officer: President, Global Mobile 6155 EL CAMINO REAL, CARLSBAD CA 92009
Theresa Wise director 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Seth A Klarman 10 percent owner 10 ST JAMES AVENUE, STE 1700, BOSTON MA 02116
Baupost Group Gp, L.l.c. 10 percent owner 10 ST. JAMES AVENUE, SUITE 1700, BOSTON MA 02116
Baupost Group Llc/ma 10 percent owner 10 ST JAMES AVE, SUITE 1700, BOSTON MA 02116
David Louis Ryan officer: President Space Systems 6155 EL CAMINO REAL, CARLSBAD CA 92009
Marc Henry Agnew officer: VP Commercial Networks 6155 EL CAMINO REAL, CARLSBAD CA 92009
Sean Pak director 6155 EL CAMINO REAL, CARLSBAD CA 92009
Varsha Rajendra Rao director 6155 EL CAMINO REAL, CARLSBAD CA 92009
Girish Chandran officer: VP and CTO 6155 EL CAMINO REAL, CARLSBAD CA 92009
Blair Robert James Blair officer: Vice President 6155 EL CAMINO REAL, CARLSBAD CA 92009

Viasat (NAS:VSAT) Headlines

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