GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Ramsay Generale de Sante SA (XPAR:GDS) » Definitions » Asset Turnover

Ramsay Generale dente (XPAR:GDS) Asset Turnover : 0.38 (As of Jun. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Ramsay Generale dente Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Ramsay Generale dente's Revenue for the six months ended in Jun. 2024 was €2,636 Mil. Ramsay Generale dente's Total Assets for the quarter that ended in Jun. 2024 was €6,878 Mil. Therefore, Ramsay Generale dente's Asset Turnover for the quarter that ended in Jun. 2024 was 0.38.

Asset Turnover is linked to ROE % through Du Pont Formula. Ramsay Generale dente's annualized ROE % for the quarter that ended in Jun. 2024 was -6.02%. It is also linked to ROA % through Du Pont Formula. Ramsay Generale dente's annualized ROA % for the quarter that ended in Jun. 2024 was -1.06%.


Ramsay Generale dente Asset Turnover Historical Data

The historical data trend for Ramsay Generale dente'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.

Ramsay Generale dente Asset Turnover Chart

Ramsay Generale dente Annual Data
Trend Dec14 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.60 0.64 0.68 0.72

Ramsay Generale dente Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.34 0.32 0.36 0.34 0.38

Competitive Comparison of Ramsay Generale dente's Asset Turnover

For the Medical Care Facilities subindustry, Ramsay Generale dente'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.


Ramsay Generale dente's Asset Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ramsay Generale dente's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Ramsay Generale dente's Asset Turnover falls into.



Ramsay Generale dente Asset Turnover Calculation

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

Ramsay Generale dente's Asset Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2024 )/( (Total Assets (A: Jun. 2023 )+Total Assets (A: Jun. 2024 ))/ count )
=5006.5/( (6957.8+6895.2)/ 2 )
=5006.5/6926.5
=0.72

Ramsay Generale dente's Asset Turnover for the quarter that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=2636.4/( (6861.1+6895.2)/ 2 )
=2636.4/6878.15
=0.38

* 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.


Ramsay Generale dente  (XPAR:GDS) Asset Turnover Explanation

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

Ramsay Generale dente's annulized ROE % for the quarter that ended in Jun. 2024 is

ROE %**(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=-73.2/1216.05
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-73.2 / 5272.8)*(5272.8 / 6878.15)*(6878.15/ 1216.05)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1.39 %*0.7666*5.6561
=ROA %*Equity Multiplier
=-1.06 %*5.6561
=-6.02 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (Jun. 2024) 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:

Ramsay Generale dente's annulized ROA % for the quarter that ended in Jun. 2024 is

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=-73.2/6878.15
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-73.2 / 5272.8)*(5272.8 / 6878.15)
=Net Margin %*Asset Turnover
=-1.39 %*0.7666
=-1.06 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (Jun. 2024) 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.


Ramsay Generale dente Asset Turnover Related Terms

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


Ramsay Generale dente Business Description

Traded in Other Exchanges
Address
39 Rue Mstislav, Rostropovitch, Paris, FRA, 75017
Ramsay Generale de Sante SA operates in the private healthcare sector in France. The company provides a comprehensive range of patient care services in thirteen business segments: Nouvelle Aquitaine, Bourgogne-Franche Comte, Brittany, Centre-Val de Loire, Hauts de France, Normandy, Provence Alpes Cote d'Azur, Ile de France, Auvergne-Rhone Alpes, Occitanie, Italy, Nordics, and Head Office. It generates maximum revenue from the Ile de France segment. The company also specializes in cardiology, heart surgery, digestive surgery, dermatology, urology, ophthalmology, vascular and endovascular surgery.