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Baltic Classifieds Group (CHIX:BCGL) Asset Turnover : 0.10 (As of Oct. 2024)


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What is Baltic Classifieds Group Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Baltic Classifieds Group's Revenue for the six months ended in Oct. 2024 was £34.95 Mil. Baltic Classifieds Group's Total Assets for the quarter that ended in Oct. 2024 was £335.10 Mil. Therefore, Baltic Classifieds Group's Asset Turnover for the quarter that ended in Oct. 2024 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. Baltic Classifieds Group's annualized ROE % for the quarter that ended in Oct. 2024 was 12.87%. It is also linked to ROA % through Du Pont Formula. Baltic Classifieds Group's annualized ROA % for the quarter that ended in Oct. 2024 was 10.81%.


Baltic Classifieds Group Asset Turnover Historical Data

The historical data trend for Baltic Classifieds Group'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.

Baltic Classifieds Group Asset Turnover Chart

Baltic Classifieds Group Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Asset Turnover
Get a 7-Day Free Trial 0.14 0.09 0.12 0.15 0.17

Baltic Classifieds Group Semi-Annual Data
Apr19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.07 0.08 0.09 0.09 0.10

Competitive Comparison of Baltic Classifieds Group's Asset Turnover

For the Internet Content & Information subindustry, Baltic Classifieds Group'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.


Baltic Classifieds Group's Asset Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Baltic Classifieds Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Baltic Classifieds Group's Asset Turnover falls into.



Baltic Classifieds Group Asset Turnover Calculation

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

Baltic Classifieds Group's Asset Turnover for the fiscal year that ended in Apr. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Apr. 2024 )/( (Total Assets (A: Apr. 2023 )+Total Assets (A: Apr. 2024 ))/ count )
=61.783/( (367.834+343.199)/ 2 )
=61.783/355.5165
=0.17

Baltic Classifieds Group's Asset Turnover for the quarter that ended in Oct. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Oct. 2024 )/( (Total Assets (Q: Apr. 2024 )+Total Assets (Q: Oct. 2024 ))/ count )
=34.949/( (343.199+327.009)/ 2 )
=34.949/335.104
=0.10

* 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.


Baltic Classifieds Group  (CHIX:BCGl) Asset Turnover Explanation

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

Baltic Classifieds Group's annulized ROE % for the quarter that ended in Oct. 2024 is

ROE %**(Q: Oct. 2024 )
=Net Income/Total Stockholders Equity
=36.236/281.459
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(36.236 / 69.898)*(69.898 / 335.104)*(335.104/ 281.459)
=Net Margin %*Asset Turnover*Equity Multiplier
=51.84 %*0.2086*1.1906
=ROA %*Equity Multiplier
=10.81 %*1.1906
=12.87 %

Note: The Net Income data used here is two times the semi-annual (Oct. 2024) net income data. The Revenue data used here is two times the semi-annual (Oct. 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:

Baltic Classifieds Group's annulized ROA % for the quarter that ended in Oct. 2024 is

ROA %(Q: Oct. 2024 )
=Net Income/Total Assets
=36.236/335.104
=(Net Income / Revenue)*(Revenue / Total Assets)
=(36.236 / 69.898)*(69.898 / 335.104)
=Net Margin %*Asset Turnover
=51.84 %*0.2086
=10.81 %

Note: The Net Income data used here is two times the semi-annual (Oct. 2024) net income data. The Revenue data used here is two times the semi-annual (Oct. 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.


Baltic Classifieds Group Asset Turnover Related Terms

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Baltic Classifieds Group Business Description

Traded in Other Exchanges
Address
Saltoniskiu Street 9B, Vilnius, LTU, LT-08105
Baltic Classifieds Group PLC is an online classifieds group in the Baltics which owns and operates various vertical and generalist online classifieds portals in Estonia, Latvia, and Lithuania. Its online classifieds portfolio comprises vertical online classifieds portals, including vertical portals for automotive, real estate, and jobs and services, and a few generalist portals, offering a wide line of products. The main focus of the Group is operating online classifieds platforms for automotive, real estate, jobs and services, and general merchandise in the Baltics. lt generates revenue from fees for service packages based on the number of job ad postings; fees for short-term services including job ad promotion, job ads, and access to the resume database.

Baltic Classifieds Group Headlines

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