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MariaDB (MariaDB) Asset Turnover : 0.51 (As of Mar. 2024)


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What is MariaDB Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. MariaDB's Revenue for the three months ended in Mar. 2024 was $13.59 Mil. MariaDB's Total Assets for the quarter that ended in Mar. 2024 was $26.68 Mil. Therefore, MariaDB's Asset Turnover for the quarter that ended in Mar. 2024 was 0.51.

Asset Turnover is linked to ROE % through Du Pont Formula. MariaDB's annualized ROE % for the quarter that ended in Mar. 2024 was 27.21%. It is also linked to ROA % through Du Pont Formula. MariaDB's annualized ROA % for the quarter that ended in Mar. 2024 was -52.77%.


MariaDB Asset Turnover Historical Data

The historical data trend for MariaDB'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.

MariaDB Asset Turnover Chart

MariaDB Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Asset Turnover
0.62 0.90 0.84 1.04

MariaDB Quarterly Data
Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.18 0.21 0.25 0.36 0.51

Competitive Comparison of MariaDB's Asset Turnover

For the Software - Infrastructure subindustry, MariaDB'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.


MariaDB's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, MariaDB's Asset Turnover distribution charts can be found below:

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



MariaDB Asset Turnover Calculation

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

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=53.113/( (72.771+29.792)/ 2 )
=53.113/51.2815
=1.04

MariaDB'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: Sep. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=13.585/( (29.792+23.56)/ 2 )
=13.585/26.676
=0.51

* 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.


MariaDB  (NYSE:MRDB) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-14.076/-51.725
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-14.076 / 54.34)*(54.34 / 26.676)*(26.676/ -51.725)
=Net Margin %*Asset Turnover*Equity Multiplier
=-25.9 %*2.037*-0.5157
=ROA %*Equity Multiplier
=-52.77 %*-0.5157
=27.21 %

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:

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

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-14.076/26.676
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-14.076 / 54.34)*(54.34 / 26.676)
=Net Margin %*Asset Turnover
=-25.9 %*2.037
=-52.77 %

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.


MariaDB Asset Turnover Related Terms

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MariaDB (MariaDB) Business Description

Traded in Other Exchanges
N/A
Address
699 Veterans Boulevard, Redwood, CA, USA, 94063
MariaDB PLC is a new generation cloud database company whose products are used by companies, reaching over a billion users through Linux distributions, downloaded over a billion times, and used across all types of use cases and industries. It operates as a single segment within the Software-as-a-Service ("SaaS") space. The company operates in EMEA, APAC and America, out of which it generates maximum revenue from America.
Executives
Michael Fanfant director C/O MARIADB PLC, 699 VETERANS BLVD., REDWOOD CITY CA 94063
Yakov Zubarev director 1064 VIA ROBLE, LAFAYETTE CA 94549
Thomas Frederick Siegel officer: Chief Revenue Officer C/O MARIADB PLC, 699 VETERANS BLVD., REDWOOD CITY CA 94063
Paul Augustine O'brien director, officer: Chief Executive Officer C/O MARIADB PLC, 699 VETERANS BLVD., REDWOOD CITY CA 94063
Mccarthy Conor officer: Chief Financial Officer C/O MARIADB PLC, 699 VETERANS BLVD, REDWOOD CITY CA 94063
Russell Christine director 17165 PINE STREET, LOS GATOS CA 95032
Jonathan P. Bakke officer: Chief Revenue Officer C/O MARIADB PLC, 699 VETERANS BLVD, REDWOOD CITY CA 94063
Michael L. Howard director, officer: Chief Executive Officer C/O MARIADB PLC, 699 VETERANS BLVD, REDWOOD CITY CA 94063
Roya Shakoori officer: General Counsel & Corp. Sec'y C/O MARIADB PLC, 699 VETERANS BLVD, REDWOOD CITY CA 94063
Alexander B. Suh director C/O MARIADB PLC, 699 VETERANS BLVD, REDWOOD CITY CA 94063
Franz Aman officer: Chief Marketing Officer C/O MARIADB PLC, 699 VETERANS BLVD, REDWOOD CITY CA 94063
William T. Sanchez officer: Chief Accounting Officer C/O MARIADB PLC, 699 VETERANS BLVD, REDWOOD CITY CA 94063
Harold R. Berenson director C/O MARIADB PLC, 699 VETERANS BLVD, REDWOOD CITY CA 94063
Ingels Jurgen G. A. director C/O MARIADB PLC, 699 VETERANS BLVD, REDWOOD CITY CA 94063
Theodore T Wang director C/O PUISSANCE CAPITAL MANAGEMENT LP, 950 THIRD AVENUE, 25TH FLOOR, NEW YORK NY 10022