Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

Time Warner Inc. (NYSE:TWX)

This company was transferred to the archive: financial data is no longer updated!

Analysis of Long-term (Investment) Activity Ratios

Beginner level

Long-term Activity Ratios (Summary)

Time Warner Inc., long-term (investment) activity ratios

Microsoft Excel LibreOffice Calc
Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013
Net fixed asset turnover 11.55 11.68 10.83 10.30 7.79
Total asset turnover 0.45 0.44 0.44 0.43 0.44
Equity turnover 1.10 1.20 1.19 1.12 1.00

Based on: 10-K (filing date: 2018-02-22), 10-K (filing date: 2017-02-23), 10-K (filing date: 2016-02-25), 10-K (filing date: 2015-02-26), 10-K (filing date: 2014-02-26).

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 Inc.’s net fixed asset turnover ratio improved from 2015 to 2016 but then slightly deteriorated from 2016 to 2017.
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Time Warner Inc.’s total asset turnover ratio improved from 2015 to 2016 and from 2016 to 2017.
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. Time Warner Inc.’s equity turnover ratio improved from 2015 to 2016 but then deteriorated significantly from 2016 to 2017.

Net Fixed Asset Turnover

Time Warner Inc., net fixed asset turnover calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013
Selected Financial Data (US$ in millions)
Revenues 31,271  29,318  28,118  27,359  29,795 
Property, plant and equipment, net 2,707  2,510  2,596  2,655  3,825 
Long-term Activity Ratio
Net fixed asset turnover1 11.55 11.68 10.83 10.30 7.79
Benchmarks
Net Fixed Asset Turnover, Competitors2
Charter Communications Inc. 1.23 0.88 1.17
Comcast Corp. 2.20 2.22 2.21
Netflix Inc. 36.61 35.27 39.09
Walt Disney Co. 1.94 2.03 2.08
Net Fixed Asset Turnover, Sector
Media 1.91 1.80
Net Fixed Asset Turnover, Industry
Consumer Services 3.82 3.82

Based on: 10-K (filing date: 2018-02-22), 10-K (filing date: 2017-02-23), 10-K (filing date: 2016-02-25), 10-K (filing date: 2015-02-26), 10-K (filing date: 2014-02-26).

1 2017 Calculation
Net fixed asset turnover = Revenues ÷ Property, plant and equipment, net
= 31,271 ÷ 2,707 = 11.55

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 Inc.’s net fixed asset turnover ratio improved from 2015 to 2016 but then slightly deteriorated from 2016 to 2017.

Total Asset Turnover

Time Warner Inc., total asset turnover calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013
Selected Financial Data (US$ in millions)
Revenues 31,271  29,318  28,118  27,359  29,795 
Total assets 69,209  65,966  63,848  63,259  67,994 
Long-term Activity Ratio
Total asset turnover1 0.45 0.44 0.44 0.43 0.44
Benchmarks
Total Asset Turnover, Competitors2
Charter Communications Inc. 0.28 0.19 0.25
Comcast Corp. 0.45 0.45 0.45
Netflix Inc. 0.61 0.65 0.66
Walt Disney Co. 0.58 0.60 0.59
Total Asset Turnover, Sector
Media 0.43 0.40
Total Asset Turnover, Industry
Consumer Services 1.34 1.35

Based on: 10-K (filing date: 2018-02-22), 10-K (filing date: 2017-02-23), 10-K (filing date: 2016-02-25), 10-K (filing date: 2015-02-26), 10-K (filing date: 2014-02-26).

1 2017 Calculation
Total asset turnover = Revenues ÷ Total assets
= 31,271 ÷ 69,209 = 0.45

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 Inc.’s total asset turnover ratio improved from 2015 to 2016 and from 2016 to 2017.

Equity Turnover

Time Warner Inc., equity turnover calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013
Selected Financial Data (US$ in millions)
Revenues 31,271  29,318  28,118  27,359  29,795 
Total Time Warner Inc. shareholders’ equity 28,375  24,335  23,619  24,476  29,904 
Long-term Activity Ratio
Equity turnover1 1.10 1.20 1.19 1.12 1.00
Benchmarks
Equity Turnover, Competitors2
Charter Communications Inc. 1.06 0.72
Comcast Corp. 1.23 1.49 1.43
Netflix Inc. 3.26 3.30 3.05
Walt Disney Co. 1.33 1.29 1.18
Equity Turnover, Sector
Media 1.26 1.24
Equity Turnover, Industry
Consumer Services 4.28 4.17

Based on: 10-K (filing date: 2018-02-22), 10-K (filing date: 2017-02-23), 10-K (filing date: 2016-02-25), 10-K (filing date: 2015-02-26), 10-K (filing date: 2014-02-26).

1 2017 Calculation
Equity turnover = Revenues ÷ Total Time Warner Inc. shareholders’ equity
= 31,271 ÷ 28,375 = 1.10

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 Inc.’s equity turnover ratio improved from 2015 to 2016 but then deteriorated significantly from 2016 to 2017.