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Kabel Deutschland Holding AG (HAM:KD8) Asset Turnover : 0.63 (As of Mar. 2021)


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What is Kabel Deutschland Holding AG Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Kabel Deutschland Holding AG's Revenue for the six months ended in Mar. 2021 was €2,632 Mil. Kabel Deutschland Holding AG's Total Assets for the quarter that ended in Mar. 2021 was €4,176 Mil. Therefore, Kabel Deutschland Holding AG's Asset Turnover for the quarter that ended in Mar. 2021 was 0.63.

Asset Turnover is linked to ROE % through Du Pont Formula. Kabel Deutschland Holding AG's annualized ROE % for the quarter that ended in Mar. 2021 was -203.98%. It is also linked to ROA % through Du Pont Formula. Kabel Deutschland Holding AG's annualized ROA % for the quarter that ended in Mar. 2021 was 25.60%.


Kabel Deutschland Holding AG Asset Turnover Historical Data

The historical data trend for Kabel Deutschland Holding AG'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.

Kabel Deutschland Holding AG Asset Turnover Chart

Kabel Deutschland Holding AG Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.84 0.82 0.72 0.63

Kabel Deutschland Holding AG Semi-Annual Data
Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
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 0.81 0.84 0.82 0.72 0.63

Competitive Comparison of Kabel Deutschland Holding AG's Asset Turnover

For the Entertainment subindustry, Kabel Deutschland Holding AG'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.


Kabel Deutschland Holding AG's Asset Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Kabel Deutschland Holding AG's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Kabel Deutschland Holding AG's Asset Turnover falls into.



Kabel Deutschland Holding AG Asset Turnover Calculation

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

Kabel Deutschland Holding AG's Asset Turnover for the fiscal year that ended in Mar. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2021 )/( (Total Assets (A: Mar. 2020 )+Total Assets (A: Mar. 2021 ))/ count )
=2631.54/( (4199.38+4153.164)/ 2 )
=2631.54/4176.272
=0.63

Kabel Deutschland Holding AG's Asset Turnover for the quarter that ended in Mar. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2021 )/( (Total Assets (Q: Mar. 2020 )+Total Assets (Q: Mar. 2021 ))/ count )
=2631.54/( (4199.38+4153.164)/ 2 )
=2631.54/4176.272
=0.63

* 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.


Kabel Deutschland Holding AG  (HAM:KD8) Asset Turnover Explanation

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

Kabel Deutschland Holding AG's annulized ROE % for the quarter that ended in Mar. 2021 is

ROE %**(Q: Mar. 2021 )
=Net Income/Total Stockholders Equity
=1069.046/-524.0995
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1069.046 / 5263.08)*(5263.08 / 4176.272)*(4176.272/ -524.0995)
=Net Margin %*Asset Turnover*Equity Multiplier
=20.31 %*1.2602*-7.9685
=ROA %*Equity Multiplier
=25.60 %*-7.9685
=-203.98 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2021) net income data. The Revenue data used here is two times the semi-annual (Mar. 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:

Kabel Deutschland Holding AG's annulized ROA % for the quarter that ended in Mar. 2021 is

ROA %(Q: Mar. 2021 )
=Net Income/Total Assets
=1069.046/4176.272
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1069.046 / 5263.08)*(5263.08 / 4176.272)
=Net Margin %*Asset Turnover
=20.31 %*1.2602
=25.60 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2021) net income data. The Revenue data used here is two times the semi-annual (Mar. 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.


Kabel Deutschland Holding AG Asset Turnover Related Terms

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Kabel Deutschland Holding AG (HAM:KD8) Business Description

Traded in Other Exchanges
N/A
Address
Betastrasse 6 - 8, Unterfoehring, DEU, 85774
Kabel Deutschland is a triple play cable network operator and holding company. Its primary revenue segments are TV Business and Internet and Phone Business. The TV Business segment offers subscribers basic cable- and premium-TV products. Revenue is generated through monthly subscription fees. The Internet and Phone business is primarily involved with providing broadband Internet as well as fixed-line and mobile phone services. Like the TV Business segment, revenue is earned through monthly subscription fees. The company's infrastructure comes in the form of hybrid fibre coaxial cables. Kabel Deustchland is majority owned by Vodafone and generates the majority of its revenue in Germany.

Kabel Deutschland Holding AG (HAM:KD8) Headlines

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