GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Super League Enterprise Inc (NAS:SLE) » Definitions » Asset Turnover

Super League Enterprise (Super League Enterprise) Asset Turnover : 0.19 (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Super League Enterprise Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Super League Enterprise's Revenue for the three months ended in Mar. 2024 was $4.21 Mil. Super League Enterprise's Total Assets for the quarter that ended in Mar. 2024 was $21.96 Mil. Therefore, Super League Enterprise's Asset Turnover for the quarter that ended in Mar. 2024 was 0.19.

Asset Turnover is linked to ROE % through Du Pont Formula. Super League Enterprise's annualized ROE % for the quarter that ended in Mar. 2024 was -263.36%. It is also linked to ROA % through Du Pont Formula. Super League Enterprise's annualized ROA % for the quarter that ended in Mar. 2024 was -95.79%.


Super League Enterprise Asset Turnover Historical Data

The historical data trend for Super League Enterprise'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.

Super League Enterprise Asset Turnover Chart

Super League Enterprise Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 0.11 0.15 0.21 0.31 0.90

Super League Enterprise 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 0.20 0.27 0.36 0.19

Competitive Comparison of Super League Enterprise's Asset Turnover

For the Internet Content & Information subindustry, Super League Enterprise'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.


Super League Enterprise's Asset Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Super League Enterprise's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Super League Enterprise's Asset Turnover falls into.



Super League Enterprise Asset Turnover Calculation

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

Super League Enterprise'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 )
=25.079/( (30.21+25.328)/ 2 )
=25.079/27.769
=0.90

Super League Enterprise'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 )
=4.209/( (25.328+18.6)/ 2 )
=4.209/21.964
=0.19

* 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.


Super League Enterprise  (NAS:SLE) Asset Turnover Explanation

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

Super League Enterprise's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-21.04/7.989
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-21.04 / 16.836)*(16.836 / 21.964)*(21.964/ 7.989)
=Net Margin %*Asset Turnover*Equity Multiplier
=-124.97 %*0.7665*2.7493
=ROA %*Equity Multiplier
=-95.79 %*2.7493
=-263.36 %

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:

Super League Enterprise's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-21.04/21.964
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-21.04 / 16.836)*(16.836 / 21.964)
=Net Margin %*Asset Turnover
=-124.97 %*0.7665
=-95.79 %

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.


Super League Enterprise Asset Turnover Related Terms

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


Super League Enterprise (Super League Enterprise) Business Description

Traded in Other Exchanges
N/A
Address
2912 Colorado Avenue, Suite No. 203, Santa Monica, CA, USA, 90404
Super League Enterprise Inc, formerly Super League Gaming Inc is the rocket ship to the metaverse. It is a leader in creating innovative and immersive entertainment experiences, platform and audience monetization, and dynamic content-feeding channels across the world's top gaming platforms. Fueled by an insatiable desire to stay at the forefront of this ever-evolving meta landscape, Super League pioneers' proprietary digital solutions provide unparalleled access to the highly-coveted global gaming audience. The company also creates vibrant in-game communities through the development of innovative experiences and custom content, delivering powerful opportunities for brands and advertisers to achieve impactful insights and marketing outcomes with audiences of all ages.
Executives
Jeff Patrick Gehl director 3366 VIA LIDO, NEWPORT BEACH CA 92663
Ann Hand director, officer: CEO and President 2906 COLORADO AVE., SANTA MONICA CA 90404
Tpg Gp A, Llc 10 percent owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
David Bonderman 10 percent owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
James G Coulter 10 percent owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Jon Winkelried 10 percent owner C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Michael Wann director, officer: CHIEF STRATEGY OFFICER C/O SUPER LEAGUE GAMING, INC., 2912 COLORADO AVENUE SUITE 203, SANTA MONICA CA 90404
Michael R Keller director 2906 COLORADO AVE, SANTA MONICA CA 90404
Mark Jung director C/O VITACOST.COM, INC., 5400 BROKEN SOUND BLVD NW, SUITE 500, BOCA RATON FL 33487
Matthew Evan Edelman officer: Chief Commercial Officer 621 20TH ST., SANTA MONICA CA 90402
Clayton J Haynes officer: Chief Financial Officer C/O ACACIA RESEARCH CORPORATION, 500 NEWPORT CENTER DRIVE, 7TH FLOOR, NEWPORT BEACH CA 92660
Samir Ahmed officer: CHIEF TECHNOLOGY OFFICER C/O SUPER LEAGUE GAMING, INC., 2906 COLORADO AVE., SANTA MONICA CA 90404
Stewart Robert B Jr director 520 NEWPORT CENTER DR., 12TH FLOOR, NEWPORT BEACH CA 92660
David J. Steigelfest director, officer: Chief Product and Tech Officer 2906 COLORADO AVE, SANTA MONICA CA 90404
Kristin Patrick director 3329 CAY DRIVE, SHERMAN OAKS CA 91423