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Alpineome Property Trust (Alpineome Property Trust) Asset Turnover : 0.02 (As of Mar. 2024)


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What is Alpineome Property Trust Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Alpineome Property Trust's Revenue for the three months ended in Mar. 2024 was $12.47 Mil. Alpineome Property Trust's Total Assets for the quarter that ended in Mar. 2024 was $561.79 Mil. Therefore, Alpineome Property Trust's Asset Turnover for the quarter that ended in Mar. 2024 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Alpineome Property Trust's annualized ROE % for the quarter that ended in Mar. 2024 was -0.42%. It is also linked to ROA % through Du Pont Formula. Alpineome Property Trust's annualized ROA % for the quarter that ended in Mar. 2024 was -0.19%.


Alpineome Property Trust Asset Turnover Historical Data

The historical data trend for Alpineome Property Trust'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.

Alpineome Property Trust Asset Turnover Chart

Alpineome Property Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial - 0.09 0.08 0.08 0.08

Alpineome Property Trust 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 0.02 0.02

Competitive Comparison of Alpineome Property Trust's Asset Turnover

For the REIT - Retail subindustry, Alpineome Property Trust'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.


Alpineome Property Trust's Asset Turnover Distribution in the REITs Industry

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

* The bar in red indicates where Alpineome Property Trust's Asset Turnover falls into.



Alpineome Property Trust Asset Turnover Calculation

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

Alpineome Property Trust'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 )
=45.644/( (573.431+564.56)/ 2 )
=45.644/568.9955
=0.08

Alpineome Property Trust'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 )
=12.466/( (564.56+559.021)/ 2 )
=12.466/561.7905
=0.02

* 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.


Alpineome Property Trust  (NYSE:PINE) Asset Turnover Explanation

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

Alpineome Property Trust's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-1.04/249.4475
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.04 / 49.864)*(49.864 / 561.7905)*(561.7905/ 249.4475)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.09 %*0.0888*2.2521
=ROA %*Equity Multiplier
=-0.19 %*2.2521
=-0.42 %

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:

Alpineome Property Trust's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-1.04/561.7905
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.04 / 49.864)*(49.864 / 561.7905)
=Net Margin %*Asset Turnover
=-2.09 %*0.0888
=-0.19 %

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.


Alpineome Property Trust Asset Turnover Related Terms

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


Alpineome Property Trust (Alpineome Property Trust) Business Description

Traded in Other Exchanges
N/A
Address
1140 N. New York Avenue, Suite 201, Winter Park, FL, USA, 32789
Alpine Income Property Trust Inc is a real estate company. It owns and operates a portfolio of single-tenant commercial properties. The company's portfolio is comprised of single-tenant retail and office properties located in or in close proximity to MSAs, growth markets and other markets in the United States. The majority of the firm's revenue includes rental revenue derived from the ownership and leasing of property.
Executives
John P Albright director, officer: President and CEO PO BOX 10809, DAYTONA BEACH FL 32120
Decker Mark Okey Jr director 10414 NEW ASCOT DRIVE, GREAT FALLS VA 22066
Consolidated Tomoka Land Co 10 percent owner 369 N. NEW YORK AVE., SUITE 201, WINTER PARK FL 32789
Daniel Earl Smith officer: See Remarks P.O. BOX 10809, DAYTONA BEACH FL 32120
Wein Rachel Elias director PO BOX 10809, DAYTONA BEACH FL 32120
Matthew Morris Partridge officer: Sr. VP & CFO 70 E. LONG LAKE, BLOOMFIELD HILLS MI 48304
Lisa Vorakoun officer: VP & Chief Accounting Officer 1140 N. WILLIAMSON BLVD., SUITE 140, DAYTONA BEACH FL 32114
Steven Robert Greathouse officer: See Remarks PO BOX 10809, DAYTONA BEACH FL 32120
Mark E Patten officer: See Remarks PO BOX 10809, DAYTONA BEACH FL 32120
Andrew C Richardson director 527 MADISON AVENUE, 16TH FLOOR, NEW YORK NY 10022
Jeffrey Scott Yarckin director PO BOX 10809, DAYTONA BEACH FL 32120
Morton Carson Good director PO BOX 10809, DAYTONA BEACH FL 32120