Analysis of Long-term (Investment) Activity Ratios
Activity ratios measure how efficiently a company performs day-to-day tasks, such us the collection of receivables and management of inventory.
Long-term Activity Ratios (Summary)
Time Warner Cable Inc., long-term (investment) activity ratios
Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | Time Warner Cable Inc. net fixed asset turnover ratio deteriorated from 2013 to 2014 and from 2014 to 2015. |
| Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | Time Warner Cable Inc. total asset turnover ratio improved from 2013 to 2014 and from 2014 to 2015. |
| Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | Time Warner Cable Inc. equity turnover ratio deteriorated from 2013 to 2014 and from 2014 to 2015. |
Net Fixed Asset Turnover
Time Warner Cable Inc., net fixed asset turnover calculation, comparison to benchmarks
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenue | 23,697) | 22,812) | 22,120) | 21,386) | 19,675) | |
| Property, plant and equipment, net | 16,945) | 15,990) | 15,056) | 14,742) | 13,905) | |
| Long-term Activity Ratio | ||||||
| Net fixed asset turnover1 | 1.40 | 1.43 | 1.47 | 1.45 | 1.41 | |
| Benchmarks | ||||||
| Net Fixed Asset Turnover, Competitors2 | ||||||
| Alphabet Inc. | — | — | — | — | — | |
| Comcast Corp. | — | — | — | — | — | |
| Meta Platforms Inc. | — | — | — | — | — | |
| Netflix Inc. | — | — | — | — | — | |
| Walt Disney Co. | — | — | — | — | — | |
Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).
1 2015 Calculation
Net fixed asset turnover = Revenue ÷ Property, plant and equipment, net
= 23,697 ÷ 16,945 = 1.40
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | Time Warner Cable Inc. net fixed asset turnover ratio deteriorated from 2013 to 2014 and from 2014 to 2015. |
Total Asset Turnover
Time Warner Cable Inc., total asset turnover calculation, comparison to benchmarks
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenue | 23,697) | 22,812) | 22,120) | 21,386) | 19,675) | |
| Total assets | 49,277) | 48,501) | 48,273) | 49,809) | 48,276) | |
| Long-term Activity Ratio | ||||||
| Total asset turnover1 | 0.48 | 0.47 | 0.46 | 0.43 | 0.41 | |
| Benchmarks | ||||||
| Total Asset Turnover, Competitors2 | ||||||
| Alphabet Inc. | — | — | — | — | — | |
| Comcast Corp. | — | — | — | — | — | |
| Meta Platforms Inc. | — | — | — | — | — | |
| Netflix Inc. | — | — | — | — | — | |
| Walt Disney Co. | — | — | — | — | — | |
Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).
1 2015 Calculation
Total asset turnover = Revenue ÷ Total assets
= 23,697 ÷ 49,277 = 0.48
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | Time Warner Cable Inc. total asset turnover ratio improved from 2013 to 2014 and from 2014 to 2015. |
Equity Turnover
Time Warner Cable Inc., equity turnover calculation, comparison to benchmarks
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenue | 23,697) | 22,812) | 22,120) | 21,386) | 19,675) | |
| Total TWC shareholders’ equity | 8,995) | 8,013) | 6,943) | 7,279) | 7,530) | |
| Long-term Activity Ratio | ||||||
| Equity turnover1 | 2.63 | 2.85 | 3.19 | 2.94 | 2.61 | |
| Benchmarks | ||||||
| Equity Turnover, Competitors2 | ||||||
| Alphabet Inc. | — | — | — | — | — | |
| Comcast Corp. | — | — | — | — | — | |
| Meta Platforms Inc. | — | — | — | — | — | |
| Netflix Inc. | — | — | — | — | — | |
| Walt Disney Co. | — | — | — | — | — | |
Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).
1 2015 Calculation
Equity turnover = Revenue ÷ Total TWC shareholders’ equity
= 23,697 ÷ 8,995 = 2.63
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | Time Warner Cable Inc. equity turnover ratio deteriorated from 2013 to 2014 and from 2014 to 2015. |