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Lionbridge Technologies (Lionbridge Technologies) Asset Turnover : 0.46 (As of Sep. 2016)


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What is Lionbridge Technologies Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Lionbridge Technologies's Revenue for the three months ended in Sep. 2016 was $135.2 Mil. Lionbridge Technologies's Total Assets for the quarter that ended in Sep. 2016 was $296.8 Mil. Therefore, Lionbridge Technologies's Asset Turnover for the quarter that ended in Sep. 2016 was 0.46.

Asset Turnover is linked to ROE % through Du Pont Formula. Lionbridge Technologies's annualized ROE % for the quarter that ended in Sep. 2016 was 12.01%. It is also linked to ROA % through Du Pont Formula. Lionbridge Technologies's annualized ROA % for the quarter that ended in Sep. 2016 was 3.59%.


Lionbridge Technologies Asset Turnover Historical Data

The historical data trend for Lionbridge Technologies'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.

Lionbridge Technologies Asset Turnover Chart

Lionbridge Technologies Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.72 2.68 2.54 2.42 2.23

Lionbridge Technologies Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 0.46 0.47 0.46 0.48 0.46

Competitive Comparison of Lionbridge Technologies's Asset Turnover

For the Specialty Business Services subindustry, Lionbridge Technologies'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.


Lionbridge Technologies's Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Lionbridge Technologies's Asset Turnover distribution charts can be found below:

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



Lionbridge Technologies Asset Turnover Calculation

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

Lionbridge Technologies's Asset Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2015 )/( (Total Assets (A: Dec. 2014 )+Total Assets (A: Dec. 2015 ))/ count )
=559.984/( (204.773+298.268)/ 2 )
=559.984/251.5205
=2.23

Lionbridge Technologies's Asset Turnover for the quarter that ended in Sep. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2016 )/( (Total Assets (Q: Jun. 2016 )+Total Assets (Q: Sep. 2016 ))/ count )
=135.182/( (299.107+294.517)/ 2 )
=135.182/296.812
=0.46

* 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.


Lionbridge Technologies  (NAS:LIOX) Asset Turnover Explanation

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

Lionbridge Technologies's annulized ROE % for the quarter that ended in Sep. 2016 is

ROE %**(Q: Sep. 2016 )
=Net Income/Total Stockholders Equity
=10.648/88.6375
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(10.648 / 540.728)*(540.728 / 296.812)*(296.812/ 88.6375)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.97 %*1.8218*3.3486
=ROA %*Equity Multiplier
=3.59 %*3.3486
=12.01 %

Note: The Net Income data used here is four times the quarterly (Sep. 2016) net income data. The Revenue data used here is four times the quarterly (Sep. 2016) 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:

Lionbridge Technologies's annulized ROA % for the quarter that ended in Sep. 2016 is

ROA %(Q: Sep. 2016 )
=Net Income/Total Assets
=10.648/296.812
=(Net Income / Revenue)*(Revenue / Total Assets)
=(10.648 / 540.728)*(540.728 / 296.812)
=Net Margin %*Asset Turnover
=1.97 %*1.8218
=3.59 %

Note: The Net Income data used here is four times the quarterly (Sep. 2016) net income data. The Revenue data used here is four times the quarterly (Sep. 2016) 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.


Lionbridge Technologies Asset Turnover Related Terms

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


Lionbridge Technologies (Lionbridge Technologies) Business Description

Traded in Other Exchanges
N/A
Address
Lionbridge Technologies Inc was incorporated in Delaware in September 1996. The Company is a provider of globalization solutions. The Company provides translation, online marketing, content management and application testing solutions that ensure local relevancy, brand consistency and technical usability. The Company has three operating segments: Global Language and Content or GLC, Global Enterprise Solutions or GES, and Interpretation. Through its GLC solutions, Company translates, localizes and adapts clients content and products to meet the language, cultural, technical and industry-specific requirements of users in local markets throughout the world. As part of its GLC solutions, Company also provides digital marketing services, creates and translates technical documentation for clients who market to and support customers in markets and provides engineering and drafting services. Through its GES solutions, Company tests software and online search results to help clients deliver high-quality, relevant applications in markets. The Companys GES solutions ensure the quality, usability and relevance of clients software, search engines, technology products, web applications, and content globally. As part of its GES offering, Company also provides specialized business process crowdsourcing services including search relevance testing, in-country testing for mobile devices, and data management solutions. In Interpretation segment, Company offers telephonic, onsite and simultaneous interpretation services in over 360 languages to federal, state and local government agencies, businesses and healthcare organizations that require experienced linguists to facilitate communication. Its competitors include: SDL International plc, Translations.com, Digitas, Wunderman, Tag, Hogarth and Accenture, among others.
Executives
James Quella director C/O CATALENT, INC., 14 SCHOOLHOUSE ROAD, SOMERSET NJ 08822
Rory J Cowan director, officer: Director, CEO, President C/O LIONBRIDGE TECHNOLOGIES INC, 950 WINTER STREET SUITE 2410, WALTHAM MA 02451
Jack Noonan director 17000 GULF BLVD, UNIT B, N. REDINGTON BEACH FL 33708
Edward A Blechschmidt director ONE HEALTHSOUTH PARKWAY, BIRMINGHAM AL 35243
Glenhill Advisors Llc other: Not a 10% Owner 600 FIFTH AVE, 11TH FL, NEW YORK NY 10020
Glenn J Krevlin other: Not a 10% Owner 600 FIFTH AVE, 11TH FL, NEW YORK NY 10020
Glenhill Capital Management Llc other: Not a 10% Owner 600 FIFTH AV, 11TH FL, NEW YORK NY 10020
Glenhill Capital Advisors, Llc other: Not a 10% Owner 600 FIFTH AVE, 11TH FL, NEW YORK NY 10020
Glenhill Capital Overseas Master Fund, L.p. 10 percent owner 600 FIFTH AVE, 11TH FL, NEW YORK NY 10020
Satish Maripuri officer: Former COO C/O OBJECT DESIGN INC 25 MALL ROAD BURLINGTON MA 01803
Jeffrey H Goodman director ONE BOSTON SCIENTIFIC PLACE, NATICK MA 01760
Stephen J Lifshatz officer: SVP & CFO C/O DYNATRACE HOLDINGS LLC, 1601 TRAPELO ROAD, SUITE 116, WALTHAM MA 02451

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