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Income Opportunity Realty Investors (Income Opportunity Realty Investors) Asset Turnover : 0.01 (As of Mar. 2024)


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What is Income Opportunity Realty Investors Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Income Opportunity Realty Investors's Revenue for the three months ended in Mar. 2024 was $1.59 Mil. Income Opportunity Realty Investors's Total Assets for the quarter that ended in Mar. 2024 was $118.38 Mil. Therefore, Income Opportunity Realty Investors's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Income Opportunity Realty Investors's annualized ROE % for the quarter that ended in Mar. 2024 was 3.98%. It is also linked to ROA % through Du Pont Formula. Income Opportunity Realty Investors's annualized ROA % for the quarter that ended in Mar. 2024 was 3.98%.


Income Opportunity Realty Investors Asset Turnover Historical Data

The historical data trend for Income Opportunity Realty Investors'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.

Income Opportunity Realty Investors Asset Turnover Chart

Income Opportunity Realty Investors 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 0.07 0.05 0.05 0.06 0.09

Income Opportunity Realty Investors 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 0.02 0.02 0.02 0.03 0.01

Competitive Comparison of Income Opportunity Realty Investors's Asset Turnover

For the Mortgage Finance subindustry, Income Opportunity Realty Investors'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.


Income Opportunity Realty Investors's Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Income Opportunity Realty Investors's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Income Opportunity Realty Investors's Asset Turnover falls into.



Income Opportunity Realty Investors Asset Turnover Calculation

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

Income Opportunity Realty Investors'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 )
=10.07/( (111.989+118.078)/ 2 )
=10.07/115.0335
=0.09

Income Opportunity Realty Investors'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 )
=1.586/( (118.078+118.672)/ 2 )
=1.586/118.375
=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.


Income Opportunity Realty Investors  (AMEX:IOR) Asset Turnover Explanation

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

Income Opportunity Realty Investors's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=4.712/118.3735
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4.712 / 6.344)*(6.344 / 118.375)*(118.375/ 118.3735)
=Net Margin %*Asset Turnover*Equity Multiplier
=74.27 %*0.0536*1
=ROA %*Equity Multiplier
=3.98 %*1
=3.98 %

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:

Income Opportunity Realty Investors's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=4.712/118.375
=(Net Income / Revenue)*(Revenue / Total Assets)
=(4.712 / 6.344)*(6.344 / 118.375)
=Net Margin %*Asset Turnover
=74.27 %*0.0536
=3.98 %

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.


Income Opportunity Realty Investors Asset Turnover Related Terms

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


Income Opportunity Realty Investors (Income Opportunity Realty Investors) Business Description

Traded in Other Exchanges
N/A
Address
1603 LBJ Freeway, Suite 800, Dallas, TX, USA, 75234
Income Opportunity Realty Investors Inc is a U.S.-based company that is engaged in investing in real estate and financing real estate and real estate-related activities through investments in mortgage loans. The principal business activity of the company is investing in equity interests in real estate through direct equity investments and partnerships and financing real estate and real estate-related activities through investments in mortgage loans. The company's real estate is located in the southwest region of the continental United States.
Executives
Rl S Lemke director, officer: Vice President 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Transcontinental Realty Investors Inc 10 percent owner 1603 LBJ FREEWAY, SUITE 800, DALLAS TX 75234
Gene S Bertcher officer: EVP & Chief Acctg. Officer 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
David R. Fletcher officer: EVP & CFO C/O SOC TELEMED, INC., 1768 BUSINESS CENTER DRIVE, SUITE 100, RESTON VA 20190
Daniel J Moos officer: President & COO 1603 LBJ FREEWAY, SUITE 800, DALLAS TX 75234
Martha C Stephens director 248 SIMMONS, DRIVE, COPPELL TX 75019
Reagan K Vidal officer: Ex VP Mg Dir Capital Markets 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Alfred Crozier officer: EVP 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Robert Neil Crouch director 1755 WITTINGTON PLACE, SUITE 340, DALLAS TX 75234
Canon James D Iii officer: Exec. V.P.-Multi-Family Const. 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Income Opportunity Realty Investors Inc /tx/ officer: Exec.V.P.-Multi-Family Const 1603 LBJ FREEWAY, SUITE 800, DALLAS TX 75234
Steven A Abney director 225 NE MIZNER BLVD STE 200, BOCA RATON FL 33432
Jay C Lowenberg officer: Executive VP & CFO 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Ronald E Kimbrough officer: Executive VP & CFO 1800 VALLEY VIEW LANE, DALLAS TX 75234
Syntek Acquisition Corp. 10 percent owner 1755 WITTINGTON, DALLAS TX 75234

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