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Alleghany (Alleghany) Asset Turnover : 0.08 (As of Jun. 2022)


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What is Alleghany Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Alleghany's Revenue for the three months ended in Jun. 2022 was $2,606 Mil. Alleghany's Total Assets for the quarter that ended in Jun. 2022 was $31,451 Mil. Therefore, Alleghany's Asset Turnover for the quarter that ended in Jun. 2022 was 0.08.

Asset Turnover is linked to ROE % through Du Pont Formula. Alleghany's annualized ROE % for the quarter that ended in Jun. 2022 was -8.32%. It is also linked to ROA % through Du Pont Formula. Alleghany's annualized ROA % for the quarter that ended in Jun. 2022 was -2.18%.


Alleghany Asset Turnover Historical Data

The historical data trend for Alleghany'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.

Alleghany Asset Turnover Chart

Alleghany Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.27 0.34 0.32 0.39

Alleghany Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.10 0.09 0.11 0.09 0.08

Competitive Comparison of Alleghany's Asset Turnover

For the Insurance - Property & Casualty subindustry, Alleghany'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.


Alleghany's Asset Turnover Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Alleghany's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Alleghany's Asset Turnover falls into.



Alleghany Asset Turnover Calculation

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

Alleghany's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=11914.26/( (28927.01+32268.675)/ 2 )
=11914.26/30597.8425
=0.39

Alleghany's Asset Turnover for the quarter that ended in Jun. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Jun. 2022 ))/ count )
=2605.839/( (31894.427+31007.865)/ 2 )
=2605.839/31451.146
=0.08

* 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.


Alleghany  (NYSE:Y) Asset Turnover Explanation

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

Alleghany's annulized ROE % for the quarter that ended in Jun. 2022 is

ROE %**(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=-686.456/8251.0215
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-686.456 / 10423.356)*(10423.356 / 31451.146)*(31451.146/ 8251.0215)
=Net Margin %*Asset Turnover*Equity Multiplier
=-6.59 %*0.3314*3.8118
=ROA %*Equity Multiplier
=-2.18 %*3.8118
=-8.32 %

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

Alleghany's annulized ROA % for the quarter that ended in Jun. 2022 is

ROA %(Q: Jun. 2022 )
=Net Income/Total Assets
=-686.456/31451.146
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-686.456 / 10423.356)*(10423.356 / 31451.146)
=Net Margin %*Asset Turnover
=-6.59 %*0.3314
=-2.18 %

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


Alleghany Asset Turnover Related Terms

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


Alleghany (Alleghany) Business Description

Traded in Other Exchanges
N/A
Address
1411 Broadway, 34th Floor, New York, NY, USA, 10018
Alleghany Corp is a property and casualty insurance company that owns and manages subsidiaries that operate reinsurance and insurance operations. The company also executes certain private capital investments. The company classifies its business into three reportable segments: reinsurance, insurance, and Alleghany Capital. These segments' underwriting activities are evaluated separately from investment and corporate activities. Reinsurance contracts are generally classified as a treaty or facultative contracts. Treaty reinsurance provides for the automatic reinsuring of all or a portion of a specified class of risk underwritten by the ceding company. Facultative reinsurance is geared toward individual risks.
Executives
Christopher Kent Dalrymple officer: VP and General Counsel C/O DARWIN PROFESSIONAL UNDERWRITERS INC 9 FARM SPRINGS ROAD FARMINGTON CT 06032
Ian H Chippendale director TRANSATLANTIC HOLDINGS, INC. 80 PINE ST NEW YORK NY 10005
Joseph Patrick Brandon officer: Executive Vice President C/O ALLEGHANY CORPORATION 1411 BROADWAY, 34TH FLOOR NEW YORK NY 10018
Chris H Cheesman director C/O ALLEGHANY CORPORATION 1411 BROADWAY, 34TH FLOOR NEW YORK NY 10018
Kerry J Jacobs officer: SVP, Chief Financial Officer C/O ALLEGHANY CORPORATION 1411 BROADWAY, 34TH FLOOR NEW YORK NY 10018
William K Lavin director 375 PARK AVENUE SUITE 3201 NEW YORK NY 10152
John F Shannon officer: SVP, chief investment officer C/O ALLEGHANY CORPORATION 1411 BROADWAY, 34TH FLOOR NEW YORK NY 10018
Phillip M Martineau director 414 EAST THIRD STREET PO BOX 1109 MUSCATINE IA 52761
Lauren M Tyler director C/O ALLEGHANY CORPORATION, 1411 BROADWAY, 34TH FLOOR, NEW YORK NY 10018
Jefferson Kirby director ALLEGHANY CORPORATION 7 TIMES SQUARE TOWER, 17TH FLOOR NEW YORK NY 10036
Rex D Adams director
Raymond Wong director C/O SPRING MOUNTAIN CAPITAL, LP 650 MADISON AVENUE, 20TH FLOOR NEW YORK NY 10022
James F Will director ST VINCENT COLLEGE, 300 PRASER PURCHASE RD, LATROBE PA 15650
Roger Bryce Gorham officer: SVP, Chief Financial Officer C/O ALLEGHANY CORPORATION 1411 BROADWAY, 34TH FLOOR NEW YORK NY 10018
Sennott John Langton Jr officer: SVP C/O ALLEGHANY CORPORATION 1411 BROADWAY, 34TH FLOOR NEW YORK NY 10018

Alleghany (Alleghany) Headlines

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