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CyrusOne (CyrusOne) Asset Turnover : 0.04 (As of Dec. 2021)


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What is CyrusOne Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. CyrusOne's Revenue for the three months ended in Dec. 2021 was $318 Mil. CyrusOne's Total Assets for the quarter that ended in Dec. 2021 was $7,396 Mil. Therefore, CyrusOne's Asset Turnover for the quarter that ended in Dec. 2021 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. CyrusOne's annualized ROE % for the quarter that ended in Dec. 2021 was -0.98%. It is also linked to ROA % through Du Pont Formula. CyrusOne's annualized ROA % for the quarter that ended in Dec. 2021 was -0.38%.


CyrusOne Asset Turnover Historical Data

The historical data trend for CyrusOne'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.

CyrusOne Asset Turnover Chart

CyrusOne 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 0.19 0.17 0.17 0.16 0.17

CyrusOne Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 0.04 0.04 0.04 0.04 0.04

Competitive Comparison of CyrusOne's Asset Turnover

For the REIT - Specialty subindustry, CyrusOne'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.


CyrusOne's Asset Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, CyrusOne's Asset Turnover distribution charts can be found below:

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



CyrusOne Asset Turnover Calculation

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

CyrusOne'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 )
=1205.7/( (6897.4+7452)/ 2 )
=1205.7/7174.7
=0.17

CyrusOne's Asset Turnover for the quarter that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2021 )/( (Total Assets (Q: Sep. 2021 )+Total Assets (Q: Dec. 2021 ))/ count )
=318.4/( (7339.5+7452)/ 2 )
=318.4/7395.75
=0.04

* 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.


CyrusOne  (NAS:CONE) Asset Turnover Explanation

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

CyrusOne's annulized ROE % for the quarter that ended in Dec. 2021 is

ROE %**(Q: Dec. 2021 )
=Net Income/Total Stockholders Equity
=-28/2864.6
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-28 / 1273.6)*(1273.6 / 7395.75)*(7395.75/ 2864.6)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.2 %*0.1722*2.5818
=ROA %*Equity Multiplier
=-0.38 %*2.5818
=-0.98 %

Note: The Net Income data used here is four times the quarterly (Dec. 2021) net income data. The Revenue data used here is four times the quarterly (Dec. 2021) 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:

CyrusOne's annulized ROA % for the quarter that ended in Dec. 2021 is

ROA %(Q: Dec. 2021 )
=Net Income/Total Assets
=-28/7395.75
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-28 / 1273.6)*(1273.6 / 7395.75)
=Net Margin %*Asset Turnover
=-2.2 %*0.1722
=-0.38 %

Note: The Net Income data used here is four times the quarterly (Dec. 2021) net income data. The Revenue data used here is four times the quarterly (Dec. 2021) 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.


CyrusOne Asset Turnover Related Terms

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


CyrusOne (CyrusOne) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2850 N. Harwood Street, Suite 2200, Dallas, TX, USA, 75201
CyrusOne owns or operates 53 data centers, primarily in the U.S., that encompass more than 8 million net rentable square feet. It has a few properties in Europe and Asia. CyrusOne has both multitenant and single-tenant data centers, and it is primarily a wholesale provider, offering large spaces on longer-term leases. The firm has about 1,000 total customers, and cloud service providers and other information technology firms make up about half its total revenue. Its largest customer, Microsoft, accounted for over 20% of 2020 revenue, and its top 10 customers generated about 50%. After cloud providers, companies in the financial services and energy industries contributed the biggest proportions of CyrusOne's sales.
Executives
Katherine Motlagh officer: EVP & CFO C/O CYRUSONE, 2850 N HARWOOD ST STE 2200, DALLAS TX 75201
Gamble John W Jr director ONE LEXMARK CENTRE DR, 740 WEST NEW CIRCLE RD, LEXINGTON KY 40550
William E Sullivan director JONES LANG LASALLE INCORPORATED, 200 E RANDOLPH DR, CHICAGO IL 60601
Alex Shumate director 41 S HIGH ST, STE 1300, COLUMBUS OH 43215
Denise Olsen director ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Mark Skomal officer: SVP & Chief Accounting Officer C/O CYRUSONE INC. 2850 N HARWOOD ST STE 2200 DALLAS TX 75201
David H. Ferdman director, officer: President & CEO 5202 BRAEBURN BELLAIRE TX 77401
John Hatem officer: EVP & COO C/O CYRUSONE 2850 N HARWOOD ST STE 2200 DALLAS TX 75201
Robert M Jackson officer: EVP & General Counsel C/O CYRUSONE INC., 2850 N HARWOOD ST STE 2200, DALLAS TX 75201
Lynn A Wentworth director CINCINNATI BELL INC, P O BOX 2301, CINCINNATI OH 45201
Tod Nielsen director C/O VMWARE, INC., 3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Kevin L Timmons officer: CHIEF TECHNOLOGY OFFICER 20200 MENDELSOHN LANE, SARATOGA CA 95070
Bruce W Duncan director, officer: President & CEO ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Diane M Morefield officer: Chief Financial Officer 200 W. MADISON STREET, SUITE 1700, CHICAGO IL 60606
Michael Klayko director