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The Carlyle Group (The Carlyle Group) Asset Turnover : -0.02 (As of Dec. 2023)


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What is The Carlyle Group Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. The Carlyle Group's Revenue for the three months ended in Dec. 2023 was $-374 Mil. The Carlyle Group's Total Assets for the quarter that ended in Dec. 2023 was $21,067 Mil. Therefore, The Carlyle Group's Asset Turnover for the quarter that ended in Dec. 2023 was -0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. The Carlyle Group's annualized ROE % for the quarter that ended in Dec. 2023 was -49.82%. It is also linked to ROA % through Du Pont Formula. The Carlyle Group's annualized ROA % for the quarter that ended in Dec. 2023 was -13.14%.


The Carlyle Group Asset Turnover Historical Data

The historical data trend for The Carlyle Group'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.

The Carlyle Group Asset Turnover Chart

The Carlyle Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.13 0.30 0.16 0.06

The Carlyle Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.03 0.03 0.02 0.03 -0.02

Competitive Comparison of The Carlyle Group's Asset Turnover

For the Asset Management subindustry, The Carlyle Group'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.


The Carlyle Group's Asset Turnover Distribution in the Asset Management Industry

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

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



The Carlyle Group Asset Turnover Calculation

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

The Carlyle Group'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 )
=1324.2/( (21403+21176)/ 2 )
=1324.2/21289.5
=0.06

The Carlyle Group's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-373.7/( (20957.3+21176)/ 2 )
=-373.7/21066.65
=-0.02

* 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.


The Carlyle Group  (NAS:CG) Asset Turnover Explanation

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

The Carlyle Group's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-2768/5555.75
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2768 / -1494.8)*(-1494.8 / 21066.65)*(21066.65/ 5555.75)
=Net Margin %*Asset Turnover*Equity Multiplier
=185.18 %*-0.071*3.7919
=ROA %*Equity Multiplier
=-13.14 %*3.7919
=-49.82 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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:

The Carlyle Group's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-2768/21066.65
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2768 / -1494.8)*(-1494.8 / 21066.65)
=Net Margin %*Asset Turnover
=185.18 %*-0.071
=-13.14 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


The Carlyle Group Asset Turnover Related Terms

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


The Carlyle Group (The Carlyle Group) Business Description

Traded in Other Exchanges
Address
1001 Pennsylvania Avenue, NW, Washington, DC, USA, 20004-2505
The Carlyle Group is one of the world's largest alternative-asset managers, with $382.3 billion in total assets under management, including $273.0 billion in fee-earning AUM, at the end of September 2023. The company has three core business segments: private equity, which includes private equity, real estate, infrastructure, and natural resources funds (accounting for 40% of fee-earning AUM and 64% of base management fees during 2023), global credit (46% and 25%) and investment solutions (14% and 11%). The firm primarily serves institutional investors and high-net-worth individuals. Carlyle operates through 29 offices across five continents, serving more than 2,900 active carry fund investors from 88 countries.
Executives
Harvey M Schwartz director, officer: Chief Executive Officer C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
John C. Redett officer: Chief Financial Officer C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE NW, SUITE 220 S, WASHINGTON DC 20004
Jeffrey W. Ferguson officer: General Counsel C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Andrews Charles Elliott Jr. officer: Chief Accounting Officer 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004
Curtis L. Buser officer: Chief Financial Officer C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Christopher Finn officer: Chief Operating Officer C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Bruce M. Larson officer: Chief Human Resources Officer C/O THE CARLYLE GROUP, SUITE 220 SOUTH, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Sharda Cherwoo director 160 WEST 66TH STREET, APT. 45F, NEW YORK NY 10023
David M. Rubenstein director, 10 percent owner, officer: See Remarks C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004
Mark S Ordan director 7315 WISCONSIN AVENUE, SUITE #250 WEST, BETHESDA MD 20814
Linda Filler director 2200 PENNSYLVANIA AVE NW, SUITE 800W, WASHINGTON DC 20037
Kewsong Lee director, officer: Co-Chief Executive Officer C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Daniel A. D'aniello director, 10 percent owner, officer: Founder, Chairman Emeritus C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Thomas S Robertson director 200 CLARENDON STREET, T-33, BOSTON MA 02116
Peter J Clare director, officer: Co-Chief Investment Officer