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ZAIS Group Holdings (ZAIS Group Holdings) Asset Turnover : 0.01 (As of Mar. 2018)


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What is ZAIS Group Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. ZAIS Group Holdings's Revenue for the three months ended in Mar. 2018 was $1.55 Mil. ZAIS Group Holdings's Total Assets for the quarter that ended in Mar. 2018 was $191.80 Mil. Therefore, ZAIS Group Holdings's Asset Turnover for the quarter that ended in Mar. 2018 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. ZAIS Group Holdings's annualized ROE % for the quarter that ended in Mar. 2018 was -38.70%. It is also linked to ROA % through Du Pont Formula. ZAIS Group Holdings's annualized ROA % for the quarter that ended in Mar. 2018 was -7.88%.


ZAIS Group Holdings Asset Turnover Historical Data

The historical data trend for ZAIS Group Holdings'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.

ZAIS Group Holdings Asset Turnover Chart

ZAIS Group Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Asset Turnover
Get a 7-Day Free Trial 1.67 0.29 0.03 0.10 0.09

ZAIS Group Holdings Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 - 0.02 0.03 0.06 0.01

Competitive Comparison of ZAIS Group Holdings's Asset Turnover

For the Asset Management subindustry, ZAIS Group Holdings'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.


ZAIS Group Holdings's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ZAIS Group Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where ZAIS Group Holdings's Asset Turnover falls into.



ZAIS Group Holdings Asset Turnover Calculation

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

ZAIS Group Holdings's Asset Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2017 )/( (Total Assets (A: Dec. 2016 )+Total Assets (A: Dec. 2017 ))/ count )
=30.836/( (514.145+187.889)/ 2 )
=30.836/351.017
=0.09

ZAIS Group Holdings's Asset Turnover for the quarter that ended in Mar. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2018 )/( (Total Assets (Q: Dec. 2017 )+Total Assets (Q: Mar. 2018 ))/ count )
=1.545/( (187.889+195.708)/ 2 )
=1.545/191.7985
=0.01

* 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.


ZAIS Group Holdings  (NAS:ZAIS) Asset Turnover Explanation

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

ZAIS Group Holdings's annulized ROE % for the quarter that ended in Mar. 2018 is

ROE %**(Q: Mar. 2018 )
=Net Income/Total Stockholders Equity
=-15.108/39.041
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-15.108 / 6.18)*(6.18 / 191.7985)*(191.7985/ 39.041)
=Net Margin %*Asset Turnover*Equity Multiplier
=-244.47 %*0.0322*4.9127
=ROA %*Equity Multiplier
=-7.88 %*4.9127
=-38.70 %

Note: The Net Income data used here is four times the quarterly (Mar. 2018) net income data. The Revenue data used here is four times the quarterly (Mar. 2018) 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:

ZAIS Group Holdings's annulized ROA % for the quarter that ended in Mar. 2018 is

ROA %(Q: Mar. 2018 )
=Net Income/Total Assets
=-15.108/191.7985
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-15.108 / 6.18)*(6.18 / 191.7985)
=Net Margin %*Asset Turnover
=-244.47 %*0.0322
=-7.88 %

Note: The Net Income data used here is four times the quarterly (Mar. 2018) net income data. The Revenue data used here is four times the quarterly (Mar. 2018) 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.


ZAIS Group Holdings Asset Turnover Related Terms

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ZAIS Group Holdings (ZAIS Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
ZAIS Group Holdings Inc is an asset management enterprise based in the United States. ZAIS Group provides investment advisory and asset management services to private funds, separately managed accounts and structured vehicles. invest in a range of specialized credit instruments, including mortgage loans, bank loans, corporate credit instruments, such as collateralized debt obligations (CDOs) and collateralized loan obligations, and various securities and instruments backed by these asset classes. The group also serves as the general partner to certain ZAIS Managed Entities.
Executives
Paul B Guenther director C/O GABELLI ASSET MANAGEMENT INC, ONE CORPORATE CENTER, RYE NY 16580
Nisha Motani officer: CFO & Chief Acctg. Ofc. C/O ZAIS FINANCIAL CORP., TWO BRIDGE AVENUE, SUITE 322, RED BANK NJ 07701
James Zinn director TWO BRIDGE AVENUE, SUITE 322, RED BANK NJ 07701
Denise Crowley officer: See Remarks TWO BRIDGE AVENUE, SUITE 322, RED BANK NJ 07701
Christian Zugel director, officer: Chief Investmt Officer & Chmn TWO BRIDGE AVENUE, SUITE 322, RED HOOK NJ 07701
Michael Szymanski director, officer: CEO & President C/O ZAIS FINANCIAL CORP., TWO BRIDGE AVENUE, SUITE 322, RED BANK NJ 07701
Donna Blank officer: Chief Financial Officer AGNC INVESTMENT CORP., 7373 WISCONSIN AVENUE, 22ND FLOOR, BETHESDA MD 20814
Robert H Zerbst director 515 SOUTH FLOWER STREET, SUITE 3100, LOS ANGELES CA 90071
Oscar Junquera director C/O COLONY NORTHSTAR, INC., 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Paul Mcdade officer: Chief Financial Officer TWO BRIDGE AVENUE, SUITE 322, RED BANK NJ 07701