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Laureate Education (Laureate Education) Asset Turnover : 0.13 (As of Mar. 2024)


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What is Laureate Education Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Laureate Education's Revenue for the three months ended in Mar. 2024 was $275 Mil. Laureate Education's Total Assets for the quarter that ended in Mar. 2024 was $2,151 Mil. Therefore, Laureate Education's Asset Turnover for the quarter that ended in Mar. 2024 was 0.13.

Asset Turnover is linked to ROE % through Du Pont Formula. Laureate Education's annualized ROE % for the quarter that ended in Mar. 2024 was -4.57%. It is also linked to ROA % through Du Pont Formula. Laureate Education's annualized ROA % for the quarter that ended in Mar. 2024 was -2.00%.


Laureate Education Asset Turnover Historical Data

The historical data trend for Laureate Education'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.

Laureate Education Asset Turnover Chart

Laureate Education Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.18 0.30 0.59 0.72

Laureate Education Quarterly Data
Jun19 Sep19 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 Premium Member Only Premium Member Only 0.12 0.22 0.17 0.19 0.13

Competitive Comparison of Laureate Education's Asset Turnover

For the Education & Training Services subindustry, Laureate Education'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.


Laureate Education's Asset Turnover Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Laureate Education's Asset Turnover distribution charts can be found below:

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



Laureate Education Asset Turnover Calculation

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

Laureate Education'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 )
=1484.288/( (1972.237+2125.616)/ 2 )
=1484.288/2048.9265
=0.72

Laureate Education'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 )
=275.372/( (2125.616+2176.387)/ 2 )
=275.372/2151.0015
=0.13

* 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.


Laureate Education  (NAS:LAUR) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-43.004/941.8525
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-43.004 / 1101.488)*(1101.488 / 2151.0015)*(2151.0015/ 941.8525)
=Net Margin %*Asset Turnover*Equity Multiplier
=-3.9 %*0.5121*2.2838
=ROA %*Equity Multiplier
=-2.00 %*2.2838
=-4.57 %

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:

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

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-43.004/2151.0015
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-43.004 / 1101.488)*(1101.488 / 2151.0015)
=Net Margin %*Asset Turnover
=-3.9 %*0.5121
=-2.00 %

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.


Laureate Education Asset Turnover Related Terms

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


Laureate Education (Laureate Education) Business Description

Traded in Other Exchanges
Address
PMB 1158, 1000 Brickell Avenue, Suite 715, Miami, FL, USA, 33131
Laureate Education Inc is an international community of universities. The company provides higher education programs and services to students through an international network of licensed universities and higher education institutions. Its geographical segments include Peru and Mexico.
Executives
Ian Kendell Snow director, 10 percent owner 667 MADISON AVENUE, NEW YORK NY 10021
Wengen Alberta, Lp 10 percent owner C/O LAUREATE EDUCATION, INC., 650 SOUTH EXETER STREET, BALTIMORE MD 21202
Sinkfield Richard Harvey Iii officer: Chief Legal Officer LAUREATE EDUCATION, INC., 650 SOUTH EXETER STREET, BALTIMORE MD 21202
Gerard M. Knauer officer: VP, Acctg, Global Controller LAUREATE EDUCATION, INC., 650 SOUTH EXETER STREET, BALTIMORE MD 21202
Macedo Aristides De director C/O LAUREATE EDUCATION, INC., PMB 1158, 1000 BRICKELL AVE., SUITE 715, MIAMI FL 33131
Marcelo Cardoso officer: Chief Transformation Officer LAUREATE EDUCATION, INC., 650 SOUTH EXETER STREET, BALTIMORE MD 21202
Kkr Group Partnership L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Kkr 2006 Fund (overseas), Limited Partnership 10 percent owner 9 WEST 57TH STREET - SUITE 4200, NEW YORK NY 10019
Kkr Group Co. Inc. 10 percent owner 30 HUDSON YARDS, NEW YORK NY 10001
George Munoz director C/O MARRIOTT INTERNATONAL INC, 10400 FERNWOOD ROAD, BETHESDA MD 20817
Cohen Steven A/sac Capital Mgmt Lp 10 percent owner, other: Director-by-Deputization C/O SAC CAPITAL ADVISORS LLC, 72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Barbara Mair director LAUREATE EDUCATION, INC., 78 S.W. 7TH STREET, SUITE 900, MIAMI FL 33130
Snow Phipps Group, Llc director, 10 percent owner 545 MADISON AVE., 10TH FLOOR, NEW YORK NY 10022
Eilif Serck-hanssen officer: Executive Vice President, CFO 7823 CHELSEA STREET, RUXTON MD 21204
Michael J Durham director 3416 CARUTH BOULEVARD, DALLAS TX 75225