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MeridianLink (MeridianLink) Asset Turnover

: 0.07 (As of Dec. 2023)
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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. MeridianLink's Revenue for the three months ended in Dec. 2023 was $74.6 Mil. MeridianLink's Total Assets for the quarter that ended in Dec. 2023 was $1,020.8 Mil. Therefore, MeridianLink's Asset Turnover for the quarter that ended in Dec. 2023 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. MeridianLink's annualized ROE % for the quarter that ended in Dec. 2023 was -22.28%. It is also linked to ROA % through Du Pont Formula. MeridianLink's annualized ROA % for the quarter that ended in Dec. 2023 was -11.59%.


MeridianLink Asset Turnover Historical Data

The historical data trend for MeridianLink'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.

MeridianLink Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
0.18 0.22 0.27 0.28 0.30

MeridianLink Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Asset Turnover 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 0.07 0.07 0.07 0.07 0.07

Competitive Comparison

For the Software - Application subindustry, MeridianLink'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.


MeridianLink Asset Turnover Distribution

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

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



MeridianLink Asset Turnover Calculation

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

MeridianLink'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 )
=303.617/( (1059.157+996.251)/ 2 )
=303.617/1027.704
=0.30

MeridianLink's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=74.579/( (1045.317+996.251)/ 2 )
=74.579/1020.784
=0.07

* 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.


MeridianLink  (NYSE:MLNK) Asset Turnover Explanation

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

MeridianLink's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-118.296/531.0065
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-118.296 / 298.316)*(298.316 / 1020.784)*(1020.784/ 531.0065)
=Net Margin %*Asset Turnover*Equity Multiplier
=-39.65 %*0.2922*1.9224
=ROA %*Equity Multiplier
=-11.59 %*1.9224
=-22.28 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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:

MeridianLink's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-118.296/1020.784
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-118.296 / 298.316)*(298.316 / 1020.784)
=Net Margin %*Asset Turnover
=-39.65 %*0.2922
=-11.59 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


MeridianLink Asset Turnover Related Terms

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


MeridianLink (MeridianLink) Business Description

Traded in Other Exchanges
N/A
Address
3560 Hyland Avenue, Suite 200, Costa Mesa, CA, USA, 92626
MeridianLink Inc is a cloud-based software solution for financial institutions, including banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies. It generates maximum revenue from Lending Software Solutions.
Executives
Sean W Blitchok officer: Chief Financial Officer MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Edward H Mcdermott director 60 E. SIR FRANCIS DRAKE BLVD., SUITE 300, LARKSPUR CA 94939
Cowan Cody director MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Chris Maloof officer: President, Go To Market MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Mark Sachleben director C/O NEW RELIC, INC., 188 SPEAR STREET, STE. 1200, SAN FRANCISCO CA 94105
Duston Williams director C/O NUTANIX, INC., 1740 TECHNOLOGY DRIVE, SUITE 150, SAN JOSE CA 95110
Alan R. Arnold officer: Chief Operating Officer MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Yael Zheng director 345 ENCINAL STREET, SANTA CRUZ CA 95060
Reema Poddar director 1600 SUNFLOWER AVENUE, #200, COSTA MESA CA 92626
Timothy Nguyen director, officer: Chief Strategy Officer PROJECT ANGEL PARENT, LLC, 1600 SUNFLOWER AVENUE, SUITE #200, COSTA MESA CA 92626
Paul Andrew Zuber director C/O HOULIHAN LOKEY, INC., 10250 CONSTELLATION BLVD., 5TH FLOOR, LOS ANGELES CA 90067
Nicolaas Vlok director, officer: Chief Executive Officer MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Chad H. Martin officer: Chief Financial Officer MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Thoma Bravo Discover Fund Ii, L.p. 10 percent owner 300 NORTH LASALLE STREET, SUITE 4350, CHICAGO IL 60654
Arthur J. Rohde director PROJECT ANGEL PARENT, LLC, 1600 SUNFLOWER AVENUE, SUITE #200, COSTA MESA CA 92626