Microsoft Excel LibreOffice Calc

Long-term (Investment) Activity Analysis

Difficulty: Beginner


Ratios (Summary)

Adobe Systems Inc., long-term (investment) activity ratios

Microsoft Excel LibreOffice Calc
Dec 1, 2017 Dec 2, 2016 Nov 27, 2015 Nov 28, 2014 Nov 29, 2013 Nov 30, 2012
Net fixed asset turnover 7.79 7.17 6.09 5.28 6.15 6.63
Total asset turnover 0.50 0.46 0.41 0.38 0.39 0.44
Equity turnover 0.86 0.79 0.68 0.61 0.60 0.66

Source: Based on data from Adobe Systems Inc. Annual Reports

Ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. Adobe Systems Inc.'s net fixed asset turnover improved from 2015 to 2016 and from 2016 to 2017.
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Adobe Systems Inc.'s total asset turnover improved from 2015 to 2016 and from 2016 to 2017.
Equity turnover An activity ratio calculated as total revenue divided by shareholders' equity. Adobe Systems Inc.'s equity turnover improved from 2015 to 2016 and from 2016 to 2017.

Net Fixed Asset Turnover

Adobe Systems Inc., net fixed asset turnover calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 1, 2017 Dec 2, 2016 Nov 27, 2015 Nov 28, 2014 Nov 29, 2013 Nov 30, 2012
Selected Financial Data (USD $ in thousands)
Revenue 7,301,505  5,854,430  4,795,511  4,147,065  4,055,240  4,403,677 
Property and equipment, net 936,976  816,264  787,421  785,123  659,774  664,302 
Ratio
Net fixed asset turnover1 7.79 7.17 6.09 5.28 6.15 6.63
Benchmarks
Net Fixed Asset Turnover, Competitors
Alphabet Inc. 2.62 2.64 2.58 2.76 3.62
Facebook Inc. 2.96 3.22 3.15 3.14 2.73
International Business Machines Corp. 7.12 7.38 7.62 8.62 7.22
Microsoft Corp. 3.79 4.65 6.35 6.67 7.79 8.92
Oracle Corp. 7.10 9.26 10.37 12.50 12.18
salesforce.com inc. 4.69 3.89 4.77 3.28 5.04
Net Fixed Asset Turnover, Sector
Software & Computer Services 3.78 4.24 4.81 5.37 6.09
Net Fixed Asset Turnover, Industry
Technology 4.45 4.95 5.74 5.70 6.11

Source: Based on data from Adobe Systems Inc. Annual Reports

2017 Calculations

1 Net fixed asset turnover = Revenue ÷ Property and equipment, net
= 7,301,505 ÷ 936,976 = 7.79

Ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. Adobe Systems Inc.'s net fixed asset turnover improved from 2015 to 2016 and from 2016 to 2017.

Total Asset Turnover

Adobe Systems Inc., total asset turnover calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 1, 2017 Dec 2, 2016 Nov 27, 2015 Nov 28, 2014 Nov 29, 2013 Nov 30, 2012
Selected Financial Data (USD $ in thousands)
Revenue 7,301,505  5,854,430  4,795,511  4,147,065  4,055,240  4,403,677 
Total assets 14,535,556  12,707,114  11,726,472  10,785,829  10,380,298  9,974,523 
Ratio
Total asset turnover1 0.50 0.46 0.41 0.38 0.39 0.44
Benchmarks
Total Asset Turnover, Competitors
Alphabet Inc. 0.56 0.54 0.51 0.50 0.54
Facebook Inc. 0.48 0.43 0.36 0.31 0.44
International Business Machines Corp. 0.63 0.68 0.74 0.79 0.79
Microsoft Corp. 0.37 0.44 0.53 0.50 0.55 0.61
Oracle Corp. 0.28 0.33 0.34 0.42 0.45
salesforce.com inc. 0.48 0.52 0.50 0.44 0.55
Total Asset Turnover, Sector
Software & Computer Services 0.46 0.49 0.51 0.53 0.58
Total Asset Turnover, Industry
Technology 0.51 0.55 0.61 0.63 0.67

Source: Based on data from Adobe Systems Inc. Annual Reports

2017 Calculations

1 Total asset turnover = Revenue ÷ Total assets
= 7,301,505 ÷ 14,535,556 = 0.50

Ratio Description The company
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Adobe Systems Inc.'s total asset turnover improved from 2015 to 2016 and from 2016 to 2017.

Equity Turnover

Adobe Systems Inc., equity turnover calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 1, 2017 Dec 2, 2016 Nov 27, 2015 Nov 28, 2014 Nov 29, 2013 Nov 30, 2012
Selected Financial Data (USD $ in thousands)
Revenue 7,301,505  5,854,430  4,795,511  4,147,065  4,055,240  4,403,677 
Stockholders' equity 8,459,869  7,424,835  7,001,580  6,775,905  6,724,634  6,665,182 
Ratio
Equity turnover1 0.86 0.79 0.68 0.61 0.60 0.66
Benchmarks
Equity Turnover, Competitors
Alphabet Inc. 0.73 0.65 0.62 0.63 0.69
Facebook Inc. 0.55 0.47 0.41 0.35 0.51
International Business Machines Corp. 4.50 4.38 5.73 7.82 4.38
Microsoft Corp. 1.24 1.19 1.17 0.97 0.99 1.11
Oracle Corp. 0.70 0.78 0.79 0.82 0.83
salesforce.com inc. 1.12 1.33 1.35 1.34 1.32
Equity Turnover, Sector
Software & Computer Services 0.97 0.96 0.99 1.02 1.12
Equity Turnover, Industry
Technology 1.16 1.14 1.27 1.23 1.23

Source: Based on data from Adobe Systems Inc. Annual Reports

2017 Calculations

1 Equity turnover = Revenue ÷ Stockholders' equity
= 7,301,505 ÷ 8,459,869 = 0.86

Ratio Description The company
Equity turnover An activity ratio calculated as total revenue divided by shareholders' equity. Adobe Systems Inc.'s equity turnover improved from 2015 to 2016 and from 2016 to 2017.