GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » CuriosityStream Inc (NAS:CURI) » Definitions » Asset Turnover

CuriosityStream (CuriosityStream) Asset Turnover : 0.12 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is CuriosityStream Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. CuriosityStream's Revenue for the three months ended in Mar. 2024 was $12.00 Mil. CuriosityStream's Total Assets for the quarter that ended in Mar. 2024 was $97.79 Mil. Therefore, CuriosityStream's Asset Turnover for the quarter that ended in Mar. 2024 was 0.12.

Asset Turnover is linked to ROE % through Du Pont Formula. CuriosityStream's annualized ROE % for the quarter that ended in Mar. 2024 was -28.85%. It is also linked to ROA % through Du Pont Formula. CuriosityStream's annualized ROA % for the quarter that ended in Mar. 2024 was -20.59%.


CuriosityStream Asset Turnover Historical Data

The historical data trend for CuriosityStream'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.

CuriosityStream Asset Turnover Chart

CuriosityStream Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
0.22 0.46 0.47 0.42 0.45

CuriosityStream Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.08 0.10 0.13 0.14 0.12

Competitive Comparison of CuriosityStream's Asset Turnover

For the Broadcasting subindustry, CuriosityStream'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.


CuriosityStream's Asset Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, CuriosityStream's Asset Turnover distribution charts can be found below:

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



CuriosityStream Asset Turnover Calculation

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

CuriosityStream's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=56.889/( (154.113+101.022)/ 2 )
=56.889/127.5675
=0.45

CuriosityStream's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=12.001/( (101.022+94.563)/ 2 )
=12.001/97.7925
=0.12

* 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.


CuriosityStream  (NAS:CURI) Asset Turnover Explanation

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

CuriosityStream's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-20.14/69.8035
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-20.14 / 48.004)*(48.004 / 97.7925)*(97.7925/ 69.8035)
=Net Margin %*Asset Turnover*Equity Multiplier
=-41.95 %*0.4909*1.401
=ROA %*Equity Multiplier
=-20.59 %*1.401
=-28.85 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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:

CuriosityStream's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-20.14/97.7925
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-20.14 / 48.004)*(48.004 / 97.7925)
=Net Margin %*Asset Turnover
=-41.95 %*0.4909
=-20.59 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


CuriosityStream Asset Turnover Related Terms

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


CuriosityStream (CuriosityStream) Business Description

Traded in Other Exchanges
Address
8484 Georgia Avenue, Suite 700, Silver Spring, MD, USA, 20910
CuriosityStream Inc is a media and entertainment company. It offers premium video programming across the principal categories of factual entertainment, including science, history, society, nature, lifestyle, and technology. Its mission is to provide premium real entertainment that informs, enchants, and inspires. Its product and services are Direct to Consumer Business, Partner Direct Business, Bundled Distribution, Content Licensing, Enterprise Subscriptions, and Others. The majority of the revenue comes from the Direct to Consumer Business.
Executives
John S Hendricks director, 10 percent owner 2160 GOLD STREET, ALVISO CA 95002
Peter Westley officer: Chief Financial Officer AVID TECHNOLOGY, 75 NETWORK DRIVE, BURLINGTON MA 01803
Andrew Hendricks director 8484 GEORGIA AVE., SUITE 700, SILVER SPRING MD 20910
Patrick J. Keeley director 8484 GEORGIA AVE, SUITE 700, SILVER SPRING MD 20910
Elizabeth Ann Hendricks director 8484 GEORGIA AVE, SUITE 700, SILVER SPRING MD 20910
Michael Nikzad director 9261 WARBLER WAY, LOS ANGELES CA 90069
Jonathan Huberman director C/O IOMEGA CORPORATION, 10955 VISTA SORRENTO PARKWAY, SAN DIEGO CA 92130
Matthew Blank director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Clinton Larry Stinchcomb director, officer: President and CEO 8484 GEORGIA AVE, SUITE 700, SILVER SPRING MD 20910
Devin James Emery officer: CPO and EVP Content Strategy 8484 GEORGIA AVE, SUITE 700, SILVER SPRING MD 20910
Jason Keith Eustace officer: CFO and Treasurer 8484 GEORGIA AVE, SUITE 700, SILVER SPRING MD 20910
Theresa Ellen Cudahy officer: COO, GC and Secretary 8484 GEORGIA AVE, SUITE 700, SILVER SPRING MD 20910
Ana Cecilia Cerna officer: Controller 8484 GEORGIA AVE, SUITE 700, SILVER SPRING MD 20910
Hendricks Factual Media Llc director, 10 percent owner 8484 GEORGIA AVE, SUITE 700, SILVER SPRING MD 20910
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019