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Mandiant (Mandiant) Asset Turnover : 0.04 (As of Jun. 2022)


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What is Mandiant Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Mandiant's Revenue for the three months ended in Jun. 2022 was $137.9 Mil. Mandiant's Total Assets for the quarter that ended in Jun. 2022 was $3,293.8 Mil. Therefore, Mandiant's Asset Turnover for the quarter that ended in Jun. 2022 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Mandiant's annualized ROE % for the quarter that ended in Jun. 2022 was -20.20%. It is also linked to ROA % through Du Pont Formula. Mandiant's annualized ROA % for the quarter that ended in Jun. 2022 was -10.99%.


Mandiant Asset Turnover Historical Data

The historical data trend for Mandiant'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.

Mandiant Asset Turnover Chart

Mandiant 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 0.32 0.32 0.12 0.13 0.14

Mandiant Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 Mandiant's Asset Turnover

For the Software - Infrastructure subindustry, Mandiant'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.


Mandiant's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Mandiant's Asset Turnover distribution charts can be found below:

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



Mandiant Asset Turnover Calculation

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

Mandiant'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 )
=483.455/( (3245.884+3651.187)/ 2 )
=483.455/3448.5355
=0.14

Mandiant's Asset Turnover for the quarter that ended in Jun. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Jun. 2022 ))/ count )
=137.92/( (3548.397+3039.252)/ 2 )
=137.92/3293.8245
=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.


Mandiant  (NAS:MNDT) Asset Turnover Explanation

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

Mandiant's annulized ROE % for the quarter that ended in Jun. 2022 is

ROE %**(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=-361.964/1792.2255
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-361.964 / 551.68)*(551.68 / 3293.8245)*(3293.8245/ 1792.2255)
=Net Margin %*Asset Turnover*Equity Multiplier
=-65.61 %*0.1675*1.8378
=ROA %*Equity Multiplier
=-10.99 %*1.8378
=-20.20 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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:

Mandiant's annulized ROA % for the quarter that ended in Jun. 2022 is

ROA %(Q: Jun. 2022 )
=Net Income/Total Assets
=-361.964/3293.8245
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-361.964 / 551.68)*(551.68 / 3293.8245)
=Net Margin %*Asset Turnover
=-65.61 %*0.1675
=-10.99 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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.


Mandiant Asset Turnover Related Terms

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


Mandiant (Mandiant) Business Description

Traded in Other Exchanges
N/A
Address
11951 Freedom Drive, 6th Floor, Reston, VA, USA, 20190
Mandiant (formally FireEye,) is a pure-play cybersecurity firm that focuses on incident response, threat intelligence, automated response, and managed security. Mandiant's security experts can be used on demand or customers can outsource their security to Mandiant. The California-based company sells security solutions worldwide, and sold its FireEye products division in October 2021.
Executives
William T Robbins officer: EVP, WW Sales NUANCE COMMUNICATIONS INC., 1 WAYSIDE ROAD, BURLINGTON MA 01803
Frank Verdecanna officer: Interim CFO C/O FIREEYE, INC. 1440 MCCARTHY BLVD. MILPITAS CA 95035
Codd Ronald E F director C/O INTERWOVEN INC, 803 11TH AVE, SUNNYVALE CA 94089
James Medina officer: SVP, Finance, CC & CAO 1875 LAWRENCE STREET SUITE 1100 DENVER CO 80202
John P. Watters officer: President & COO 601 MCCARTHY BLVD. MILPITAS CA 95035
Coviello Arthur W Jr director EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Kevin R. Mandia officer: SVP & Chief Operating Officer 1440 MCCARTHY BLVD MILPITAS CA 95035
Alexa King officer: SVP and General Counsel C/O FIREEYE, INC. 1440 MCCARTHY BOULEVARD MILPITAS CA 95035
Viral Patel director C/O THE BLACKSTONE GROUP INC. 345 PARK AVENUE NEW YORK NY 10154
Sara C Andrews director C/O LOGMEIN, INC., 320 SUMMER STREET, BOSTON MA 02210
Peter Bailey officer: EVP & COO ONE MEMORIAL DRIVE BOSTON MA 02142
Travis M. Reese officer: President C/O FIREEYE, INC. 1440 MCCARTHY BLVD. MILPITAS CA 95035
Adrian Mcdermott director C/O ZENDESK, INC., 989 MARKET STREET, SUITE 300, SAN FRANCISCO CA 94103
Robert E Switz director 13625 TECHNOLOGY DRIVE, EDEN PRAIRIE MN 55344
David G Dewalt director, officer: Chief Executive Officer