Morgan Group Holding Asset Turnover Growth & History (MGHL)
Morgan Group Holding's asset turnover was 0.50 for fiscal 2022.
View full Morgan Group Holding company overviewMorgan Group Holding annual asset turnover history
| Fiscal year | Period ended | Asset turnover | Change | Growth |
|---|---|---|---|---|
| 2022 | 2022-12-31 | 0.50 | −0.09 | −15.61% |
| 2021 | 2021-12-31 | 0.59 | −0.04 | −6.18% |
| 2020 | 2020-12-31 | 0.63 | −0.25 | −28.06% |
| 2019 | 2019-12-31 | 0.88 | −0.46 | −34.18% |
| 2018 | 2018-12-31 | 1.34 | — | — |
| 2012 | 2012-12-31 | 0.00 | 0.00 | — |
| 2011 | 2011-12-31 | 0.00 | — | — |
Morgan Group Holding quarterly asset turnover
| Fiscal quarter | Period ended | Asset turnover | Change | YoY change |
|---|---|---|---|---|
| Q3 2023 | 2023-09-30 | 0.75 | 0.06 | +9.36% |
| Q2 2023 | 2023-06-30 | 0.65 | −0.04 | −6.30% |
| Q1 2023 | 2023-03-31 | 0.55 | −0.09 | −14.41% |
| Q4 2022 | 2022-12-31 | 0.50 | −0.09 | −15.61% |
| Q3 2022 | 2022-09-30 | 0.69 | 0.20 | +42.22% |
| Q2 2022 | 2022-06-30 | 0.69 | 0.12 | +21.12% |
| Q1 2022 | 2022-03-31 | 0.64 | 0.03 | +4.27% |
| Q4 2021 | 2021-12-31 | 0.59 | −0.04 | −6.18% |
| Q3 2021 | 2021-09-30 | 0.48 | −1.45 | −75.01% |
| Q2 2021 | 2021-06-30 | 0.57 | −1.69 | −74.74% |
| Q1 2021 | 2021-03-31 | 0.61 | −1.81 | −74.75% |
| Q4 2020 | 2020-12-31 | 0.63 | −0.25 | −28.06% |
| Q3 2020 | 2020-09-30 | 1.94 | — | — |
| Q2 2020 | 2020-06-30 | 2.26 | — | — |
| Q1 2020 | 2020-03-31 | 2.42 | — | — |
| Q4 2019 | 2019-12-31 | 0.88 | — | — |
| Q1 2013 | 2013-03-31 | 0.00 | 0.00 | — |
| Q4 2012 | 2012-12-31 | 0.00 | — | — |
| Q3 2012 | 2012-09-30 | 0.00 | — | — |
| Q2 2012 | 2012-06-30 | 0.00 | — | — |
| Q1 2012 | 2012-03-31 | 0.00 | — | — |
Morgan Group Holding asset turnover trends
Between the periods ended 2011-12-31 and 2022-12-31, Morgan Group Holding's asset turnover increased from 0.00 to 0.50, a change of 0.50. The latest reported quarter, Q3 2023, shows 0.75.
What asset turnover means
Asset turnover measures how much revenue a company generates for each unit of assets employed in the business. A higher ratio generally indicates more efficient asset use, although useful comparisons depend heavily on the industry.
How asset turnover is calculated
TickerStat calculates annual asset turnover as reported revenue divided by average total assets. Quarterly values use trailing-12-month revenue and average assets over the corresponding one-year period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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