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CYREN (CYRNQ) Asset Turnover : 0.15 (As of Sep. 2022)


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What is CYREN Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. CYREN's Revenue for the three months ended in Sep. 2022 was $5.62 Mil. CYREN's Total Assets for the quarter that ended in Sep. 2022 was $38.25 Mil. Therefore, CYREN's Asset Turnover for the quarter that ended in Sep. 2022 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. CYREN's annualized ROE % for the quarter that ended in Sep. 2022 was -462.73%. It is also linked to ROA % through Du Pont Formula. CYREN's annualized ROA % for the quarter that ended in Sep. 2022 was -60.52%.


CYREN Asset Turnover Historical Data

The historical data trend for CYREN'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.

CYREN Asset Turnover Chart

CYREN Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.58 0.64 0.61 0.59

CYREN Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.09 0.25 0.14 0.12 0.15

Competitive Comparison of CYREN's Asset Turnover

For the Software - Infrastructure subindustry, CYREN'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.


CYREN's Asset Turnover Distribution in the Software Industry

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

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



CYREN Asset Turnover Calculation

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

CYREN'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 )
=31.187/( (58.943+46.128)/ 2 )
=31.187/52.5355
=0.59

CYREN's Asset Turnover for the quarter that ended in Sep. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=5.616/( (41.76+34.737)/ 2 )
=5.616/38.2485
=0.15

* 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.


CYREN  (OTCPK:CYRNQ) Asset Turnover Explanation

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

CYREN's annulized ROE % for the quarter that ended in Sep. 2022 is

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=-23.148/5.0025
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-23.148 / 22.464)*(22.464 / 38.2485)*(38.2485/ 5.0025)
=Net Margin %*Asset Turnover*Equity Multiplier
=-103.04 %*0.5873*7.6459
=ROA %*Equity Multiplier
=-60.52 %*7.6459
=-462.73 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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:

CYREN's annulized ROA % for the quarter that ended in Sep. 2022 is

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=-23.148/38.2485
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-23.148 / 22.464)*(22.464 / 38.2485)
=Net Margin %*Asset Turnover
=-103.04 %*0.5873
=-60.52 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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.


CYREN Asset Turnover Related Terms

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


CYREN (CYRNQ) Business Description

Traded in Other Exchanges
N/A
Address
10 Ha-Menofim Street, 5th Floor, Herzliya, ISR, 4672561
CYREN Ltd is a provider of cloud-delivered Software-as-a-Service (SaaS) cybersecurity solutions that protect businesses. Its cloud security products and services fall into the categories of Cyren Threat Detection Services; Cyren Threat Intelligence Data and Cyren Enterprise Email Security Products. It derives revenues from the sale of real-time cloud-based services for each of the company's email security, web security, anti-malware, and advanced threat protection offerings. The group has a business presence in Israel, the United States, Germany and other countries, of which prime revenue is derived from Israel. The company's offerings include Email Security Detection Engine, Malware Detection Engine, Web Security Engine, Phishing Intelligence, Malware Intelligence and other services.
Executives
Brian Joseph Dunn officer: General Counsel C/O CYREN INC., 1430 SPRING HILL ROAD STE 330, MCLEAN VA 22102
Phillip Brady Hayden officer: Principal Accounting Officer 1430 SPRING HILL ROAD, SUITE 330, MCLEAN VA 22102
Lior Kohavi officer: Chief Strategy Officer C/O CYREN INC.,, 1430 SPRING HILL ROAD, SUITE 330, MCLEAN VA 22102
Michael Fleck officer: VP Marketing C/O CYREN INC., 1430 SPRING HILL ROAD STE 330, MCLEAN VA 22102
Eva Lilias Markowitz officer: VP, HUMAN RESOURCES C/O CYREN INC.,, 1430 SPRING HILL ROAD, SUITE 330, MCLEAN VA 22102
Bruce Harold Johnson officer: VP, SALES - NORTH AMERICA C/O CYREN INC., 1430 SPRING HILL ROAD, SUITE 330, MCLEAN VA 22102
Michael Tamir officer: VP, GLOBAL SUPPORT SERVICES C/O CYREN INC.,, 1430 SPRING HILL ROAD, SUITE 330, MCLEAN VA 22102
Isaac Dvir officer: SVP Engineering C/O CYREN INC., 1430 SPRING HILL ROAD STE 330, MCLEAN VA 22102
Brett Michael Jackson officer: CHIEF EXECUTIVE OFFICER C/O CYREN INC., 1430 SPRING HILL ROAD, SUITE 330, MCLEAN VA 22102
Kenneth Tarpey officer: Chief Financial Officer 11950 DEMOCRACY DRIVE, SUITE 600, RESTON VA 20190
Atif Ahmed officer: VP OF SALES, EMEA C/O CYREN INC.,, 1430 SPRING HILL ROAD, SUITE 330, MCLEAN VA 22102
Sigurdur Arnar Stefnisson officer: VP, THREAT RESEARCH C/O CYREN INC.,, 1430 SPRING HILL ROAD, SUITE 330, MCLEAN VA 22102
Cary Davis director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Brian Chang director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Rajveer Kushwaha director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017