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Internet Gold-Golden Lines (XTAE:IGLD) Asset Turnover : 0.00 (As of Jun. 2024)


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What is Internet Gold-Golden Lines Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Internet Gold-Golden Lines's Revenue for the six months ended in Jun. 2024 was ₪0.00 Mil. Internet Gold-Golden Lines's Total Assets for the quarter that ended in Jun. 2024 was ₪5.31 Mil. Therefore, Internet Gold-Golden Lines's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Internet Gold-Golden Lines's annualized ROE % for the quarter that ended in Jun. 2024 was -43.36%. It is also linked to ROA % through Du Pont Formula. Internet Gold-Golden Lines's annualized ROA % for the quarter that ended in Jun. 2024 was -41.66%.


Internet Gold-Golden Lines Asset Turnover Historical Data

The historical data trend for Internet Gold-Golden Lines'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.

Internet Gold-Golden Lines Asset Turnover Chart

Internet Gold-Golden Lines Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.83 - - -

Internet Gold-Golden Lines Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Dec19 Dec21 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 - - - - -

Competitive Comparison of Internet Gold-Golden Lines's Asset Turnover

For the Telecom Services subindustry, Internet Gold-Golden Lines'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.


Internet Gold-Golden Lines's Asset Turnover Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Internet Gold-Golden Lines's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Internet Gold-Golden Lines's Asset Turnover falls into.



Internet Gold-Golden Lines Asset Turnover Calculation

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

Internet Gold-Golden Lines'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 )
=0/( (7.5+5.724)/ 2 )
=0/6.612
=0.00

Internet Gold-Golden Lines'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 )
=0/( (5.724+4.904)/ 2 )
=0/5.314
=0.00

* 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.


Internet Gold-Golden Lines  (XTAE:IGLD) Asset Turnover Explanation

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

Internet Gold-Golden Lines's annulized ROE % for the quarter that ended in Jun. 2024 is

ROE %**(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=-2.214/5.1065
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.214 / 0)*(0 / 5.314)*(5.314/ 5.1065)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0406
=ROA %*Equity Multiplier
=-41.66 %*1.0406
=-43.36 %

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:

Internet Gold-Golden Lines's annulized ROA % for the quarter that ended in Jun. 2024 is

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=-2.214/5.314
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.214 / 0)*(0 / 5.314)
=Net Margin %*Asset Turnover
= %*0
=-41.66 %

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.


Internet Gold-Golden Lines Asset Turnover Related Terms

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Internet Gold-Golden Lines Business Description

Traded in Other Exchanges
N/A
Address
2 Dov Friedman Street, Ramat Gan, ISR, 5250301
Internet Gold-Golden Lines Ltd is communications group in Israel. The company's principal subsidiary is B Communications, through which it owns the controlling interest in Bezeq which is a telecommunications service provider. Bezeq mainly provides communications services in Israel offering a broad range of telecommunications operations and services, including domestic fixed-line, cellular and international communication services, Internet services, multi-channel television, television and radio broadcasts, satellite broadcasts, customer call centers, maintenance and development of communications infrastructures. It also provides communications services to other communications providers and the supply and maintenance of equipment on customer premises.

Internet Gold-Golden Lines Headlines