GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » LM Pay Spolka Akcyjna (FRA:Y00) » Definitions » Asset Turnover

LM Pay Spolka Akcyjna (FRA:Y00) Asset Turnover : 0.00 (As of Dec. 2021)


View and export this data going back to 2023. Start your Free Trial

What is LM Pay Spolka Akcyjna Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. LM Pay Spolka Akcyjna's Revenue for the three months ended in Dec. 2021 was €0.00 Mil. LM Pay Spolka Akcyjna's Total Assets for the quarter that ended in Dec. 2021 was €23.41 Mil. Therefore, LM Pay Spolka Akcyjna's Asset Turnover for the quarter that ended in Dec. 2021 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. LM Pay Spolka Akcyjna's annualized ROE % for the quarter that ended in Dec. 2021 was 0.00%. It is also linked to ROA % through Du Pont Formula. LM Pay Spolka Akcyjna's annualized ROA % for the quarter that ended in Dec. 2021 was 0.00%.


LM Pay Spolka Akcyjna Asset Turnover Historical Data

The historical data trend for LM Pay Spolka Akcyjna'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.

LM Pay Spolka Akcyjna Asset Turnover Chart

LM Pay Spolka Akcyjna Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Asset Turnover
0.16 0.28 0.15 0.13

LM Pay Spolka Akcyjna Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Dec21
Asset Turnover Get a 7-Day Free Trial 0.04 0.02 0.03 0.03 -

Competitive Comparison of LM Pay Spolka Akcyjna's Asset Turnover

For the Credit Services subindustry, LM Pay Spolka Akcyjna'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.


LM Pay Spolka Akcyjna's Asset Turnover Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, LM Pay Spolka Akcyjna's Asset Turnover distribution charts can be found below:

* The bar in red indicates where LM Pay Spolka Akcyjna's Asset Turnover falls into.



LM Pay Spolka Akcyjna Asset Turnover Calculation

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

LM Pay Spolka Akcyjna's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=3.111/( (19.654+27.162)/ 2 )
=3.111/23.408
=0.13

LM Pay Spolka Akcyjna's Asset Turnover for the quarter that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2021 )/( (Total Assets (Q: Dec. 2020 )+Total Assets (Q: Dec. 2021 ))/ count )
=0/( (19.654+27.162)/ 2 )
=0/23.408
=0.00

* 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.


LM Pay Spolka Akcyjna  (FRA:Y00) Asset Turnover Explanation

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

LM Pay Spolka Akcyjna's annulized ROE % for the quarter that ended in Dec. 2021 is

ROE %**(Q: Dec. 2021 )
=Net Income/Total Stockholders Equity
=0/3.7905
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 23.408)*(23.408/ 3.7905)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*6.1754
=ROA %*Equity Multiplier
=0.00 %*6.1754
=0.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 2021) net income data. The Revenue data used here is four times the quarterly (Dec. 2021) 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:

LM Pay Spolka Akcyjna's annulized ROA % for the quarter that ended in Dec. 2021 is

ROA %(Q: Dec. 2021 )
=Net Income/Total Assets
=0/23.408
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 23.408)
=Net Margin %*Asset Turnover
= %*0
=0.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 2021) net income data. The Revenue data used here is four times the quarterly (Dec. 2021) 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.


LM Pay Spolka Akcyjna Asset Turnover Related Terms

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


LM Pay Spolka Akcyjna (FRA:Y00) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Ul. Lechicka 23a, Warsaw, POL, 02-156
LM Pay Spolka Akcyjna is a company provides financing of medical services. The company's priorities are ensuring full data security, reliable credit risk assessment that protects patient finances.

LM Pay Spolka Akcyjna (FRA:Y00) Headlines

No Headlines