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Validus Holdings (Validus Holdings) Asset Turnover : 0.05 (As of Jun. 2018)


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What is Validus Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Validus Holdings's Revenue for the three months ended in Jun. 2018 was $759.40 Mil. Validus Holdings's Total Assets for the quarter that ended in Jun. 2018 was $15,549.86 Mil. Therefore, Validus Holdings's Asset Turnover for the quarter that ended in Jun. 2018 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. Validus Holdings's annualized ROE % for the quarter that ended in Jun. 2018 was -4.88%. It is also linked to ROA % through Du Pont Formula. Validus Holdings's annualized ROA % for the quarter that ended in Jun. 2018 was -1.21%.


Validus Holdings Asset Turnover Historical Data

The historical data trend for Validus Holdings'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.

Validus Holdings Asset Turnover Chart

Validus Holdings Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.21 0.23 0.22 0.22

Validus Holdings Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 0.05 0.05 0.05 0.04 0.05

Competitive Comparison of Validus Holdings's Asset Turnover

For the Insurance - Reinsurance subindustry, Validus Holdings'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.


Validus Holdings's Asset Turnover Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Validus Holdings's Asset Turnover distribution charts can be found below:

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



Validus Holdings Asset Turnover Calculation

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

Validus Holdings's Asset Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2017 )/( (Total Assets (A: Dec. 2016 )+Total Assets (A: Dec. 2017 ))/ count )
=2775.531/( (11349.755+14426.879)/ 2 )
=2775.531/12888.317
=0.22

Validus Holdings's Asset Turnover for the quarter that ended in Jun. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2018 )/( (Total Assets (Q: Mar. 2018 )+Total Assets (Q: Jun. 2018 ))/ count )
=759.401/( (15600.642+15499.07)/ 2 )
=759.401/15549.856
=0.05

* 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.


Validus Holdings  (NYSE:VRpBCL.PFD) Asset Turnover Explanation

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

Validus Holdings's annulized ROE % for the quarter that ended in Jun. 2018 is

ROE %**(Q: Jun. 2018 )
=Net Income/Total Stockholders Equity
=-188.28/3855.184
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-188.28 / 3037.604)*(3037.604 / 15549.856)*(15549.856/ 3855.184)
=Net Margin %*Asset Turnover*Equity Multiplier
=-6.2 %*0.1953*4.0335
=ROA %*Equity Multiplier
=-1.21 %*4.0335
=-4.88 %

Note: The Net Income data used here is four times the quarterly (Jun. 2018) net income data. The Revenue data used here is four times the quarterly (Jun. 2018) 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:

Validus Holdings's annulized ROA % for the quarter that ended in Jun. 2018 is

ROA %(Q: Jun. 2018 )
=Net Income/Total Assets
=-188.28/15549.856
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-188.28 / 3037.604)*(3037.604 / 15549.856)
=Net Margin %*Asset Turnover
=-6.2 %*0.1953
=-1.21 %

Note: The Net Income data used here is four times the quarterly (Jun. 2018) net income data. The Revenue data used here is four times the quarterly (Jun. 2018) 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.


Validus Holdings Asset Turnover Related Terms

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


Validus Holdings (Validus Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Validus Holdings Ltd is a holding company for reinsurance and insurance operating companies and investment advisors. The company includes Validus Reinsurance, Talbot Underwriting, Western World Insurance Group, and AlphaCat Managers. Validus Reinsurance is a Bermuda-based reinsurer focused on treaty reinsurance. Talbot is a specialty insurance group that mainly operates in the Lloyd's insurance market. Western World Insurance Group is a U.S. specialty lines insurance company that specialises in excess and surplus lines. AlphaCat Managers provides investment and capital-management advice for third parties and Validus insurance-linked securities, as well as other property-catastrophe and specialty reinsurance investments.
Executives
Karin Hirtler-garvey director 112 W. 34TH STREET, NEW YORK NY 10120
Patrick Boisvert officer: Group Chief Accounting Officer VALIDUS HOLDINGS, LTD, 29 RICHMOND ROAD, PEMBROKE D0 HM08
Gail M Ross director VALIDUS HOLDINGS, LTD., 29 RICHMOND RD, PEMBROKE D0 HM 08
Peter Anthony Bilsby officer: CEO, Talbot Underwriting Ltd. VALIDUS HOLDINGS, LTD., 29 RICHMOND ROAD, PEMBROKE D0 HM 08
Christopher E Watson director C/O VALIDUS HOLDINGS, 48 PAR-LA-VILLE ROAD, SUITE 1790, HAMILTON HM11 D0 HM11
Michael Richard Moore officer: Chief Accounting Officer C/O VALIDUS HOLDINGS, 29 RICHMOND RD, PEMBROKE D0 HM08
Therese M Vaughan director VALIDUS HOLDINGS, THE CHARTIS BUILDING / 29 RICHMOND ROAD, PEMBROKE D0 HM 08
Karen Salam officer: EVP, Group Chief Risk Officer VALIDUS HOLDINGS, THE CHARTIS BUILDING/29 RICHMOND ROAD, PEMBROKE D0 HM08
Lixin Zeng officer: Pres, CEO Alpha Cat & Research VALIDUS HOLDINGS, 29 RICHMOND RD. / CHARTIS HOUSE, PEMBROKE D0 HM 08
Kean Driscoll officer: CEO, Validus Reinsurance, Ltd. VALIDUS HOLDINGS, 29 RICHMOND RD. / CHARTIS HOUSE, PEMBROKE D0 HM 08
Jeffrey Sangster officer: Chief Accounting Officer VALIDUS HOLDINGS, 29 RICHMOND RD. / CHARTIS HOUSE, PEMBROKE D0 HM 08
Mahmoud Abdallah director VALIDUS HOLDINGS, 29 RICHMOND ROAD / CHARTIS HOUSE, PEMBROKE D0 HM 08
Andrew E. Kudera officer: EVP, Chief Actuary VALIDUS HOLDINGS, THE CHARTIS BUILDING / 29 RICHMOND ROAD, PEMBROKE D0 HM 08
Robert F Kuzloski officer: EVP, Chief Corp. Legal Officer VALIDUS HOLDINGS, THE CHARTIS HOUSE / 29 RICHMOND ROAD, PEMBROKE D0 HM 08
Andrew Mark Gibbs officer: EVP, Group Controller VALIDUS HOLDINGS, THE CHARTIS BUILDING / 29 RICHMOND ROAD, PEMBROKE D0 HM 08

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