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Hannon Armstrong Sustainable Infrastructure Capital (Hannon Armstrong Sustainable Infrastructure Capital) Asset Turnover : 0.03 (As of Mar. 2024)


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What is Hannon Armstrong Sustainable Infrastructure Capital Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Hannon Armstrong Sustainable Infrastructure Capital's Revenue for the three months ended in Mar. 2024 was $202.5 Mil. Hannon Armstrong Sustainable Infrastructure Capital's Total Assets for the quarter that ended in Mar. 2024 was $6,640.2 Mil. Therefore, Hannon Armstrong Sustainable Infrastructure Capital's Asset Turnover for the quarter that ended in Mar. 2024 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Hannon Armstrong Sustainable Infrastructure Capital's annualized ROE % for the quarter that ended in Mar. 2024 was 22.84%. It is also linked to ROA % through Du Pont Formula. Hannon Armstrong Sustainable Infrastructure Capital's annualized ROA % for the quarter that ended in Mar. 2024 was 7.41%.


Hannon Armstrong Sustainable Infrastructure Capital Asset Turnover Historical Data

The historical data trend for Hannon Armstrong Sustainable Infrastructure Capital'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.

Hannon Armstrong Sustainable Infrastructure Capital Asset Turnover Chart

Hannon Armstrong Sustainable Infrastructure Capital 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 0.06 0.05 0.06 0.04 0.05

Hannon Armstrong Sustainable Infrastructure Capital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.01 0.01 0.01 0.02 0.03

Competitive Comparison of Hannon Armstrong Sustainable Infrastructure Capital's Asset Turnover

For the REIT - Specialty subindustry, Hannon Armstrong Sustainable Infrastructure Capital'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.


Hannon Armstrong Sustainable Infrastructure Capital's Asset Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Hannon Armstrong Sustainable Infrastructure Capital's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Hannon Armstrong Sustainable Infrastructure Capital's Asset Turnover falls into.



Hannon Armstrong Sustainable Infrastructure Capital Asset Turnover Calculation

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

Hannon Armstrong Sustainable Infrastructure Capital'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 )
=289.837/( (4760.148+6552.35)/ 2 )
=289.837/5656.249
=0.05

Hannon Armstrong Sustainable Infrastructure Capital's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=202.494/( (6552.35+6727.95)/ 2 )
=202.494/6640.15
=0.03

* 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.


Hannon Armstrong Sustainable Infrastructure Capital  (NYSE:HASI) Asset Turnover Explanation

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

Hannon Armstrong Sustainable Infrastructure Capital's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=492.1/2154.9025
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(492.1 / 809.976)*(809.976 / 6640.15)*(6640.15/ 2154.9025)
=Net Margin %*Asset Turnover*Equity Multiplier
=60.75 %*0.122*3.0814
=ROA %*Equity Multiplier
=7.41 %*3.0814
=22.84 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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:

Hannon Armstrong Sustainable Infrastructure Capital's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=492.1/6640.15
=(Net Income / Revenue)*(Revenue / Total Assets)
=(492.1 / 809.976)*(809.976 / 6640.15)
=Net Margin %*Asset Turnover
=60.75 %*0.122
=7.41 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


Hannon Armstrong Sustainable Infrastructure Capital Asset Turnover Related Terms

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Hannon Armstrong Sustainable Infrastructure Capital (Hannon Armstrong Sustainable Infrastructure Capital) Business Description

Traded in Other Exchanges
Address
One Park Place, Suite 200, Annapolis, MD, USA, 21401
Hannon Armstrong Sustainable Infrastructure Capital Inc provides debt and equity financing to the energy markets in the United States. The company focuses on investments in two types of projects: energy-efficiency projects and renewable-energy projects. Energy-efficiency projects reduce the energy use and energy cost of building or facility through the improvement or installation of building components including heat, ventilation, and air conditioning systems; lights; energy controls; roofs; windows; building shells; and heat and power systems. Renewable-energy projects deploy cleaner energy sources such as solar and wind to generate power production. The company also provides financing solutions for other projects to improve energy efficiency and the environment.
Executives
Clarence D Armbrister director C/O HANNON ARMSTRONG, 1906 TOWNE CENTRE BLVD., SUITE 370, ANNAPOLIS MD 21401
Richard Santoroski officer: EVP and Chief Risk Officer 4300 WILSON BOULEVARD, ARLINGTON VA 22203
Marc T. Pangburn officer: EVP and Co-CIO C/O HANNON ARMSTRONG, 1906 TOWNE CENTRE BLVD., SUITE 370, ANNAPOLIS MD 21401
Jeffrey Lipson officer: Chief Financial Officer C/O HANNON ARMSTRONG, 1906 TOWNE CENTRE BLVD., SUITE 370, ANNAPOLIS MD 21401
Teresa Brenner director 1906 TOWNE CENTRE BLVD, SUITE 370, ANNAPOLIS MD 21401
Richard J Osborne director C/O HANNON ARMSTRONG, 1906 TOWNE CENTRE BLVD, SUITE 370, ANNAPOLIS MD 21401
Jeffrey Eckel director, officer: Chairman, President & CEO 1906 TOWNE CENTRE BLVD., SUITE 370, ANNAPOLIS MD 21401
Nathaniel Rose officer: EVP & COO 1906 TOWNE CENTRE BLVD., SUITE 370, ANNAPOLIS MD 21401
Daniel K. Mcmahon officer: EVP 1906 TOWNE CENTRE BLVD, SUITE 370, ANNAPOLIS MD 21401
Charles Melko officer: Chief Accounting Officer C/O HANNON ARMSTRONG, 1906 TOWNE CENTRE BLVD., SUITE 370, ANNAPOLIS MD 21401
Steven Chuslo officer: General Counsel & EVP 1906 TOWNE CENTRE BLVD., SUITE 370, ANNAPOLIS MD 21401
Susan D Nickey officer: EVP and Chief Client Officer C/O HANNON ARMSTRONG, 1906 TOWNE CENTRE BLVD. SUITE 370, ANNAPOLIS MD 21401
Kimberly A. Reed director C/O MOMENTUS INC., 3050 KENNETH ST., SANTA CLARA CA 95054
Steven G Osgood director 6745 ENGLE ROAD, SUITE 300, MIDDLEBURG HEIGHTS OH 44130
Lizabeth A Ardisana director 328 S. SAGINAW ST., FLINT MI 48430