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Sienna Senior Living (FRA:636) Asset Turnover : 0.12 (As of Dec. 2023)


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What is Sienna Senior Living Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Sienna Senior Living's Revenue for the three months ended in Dec. 2023 was €144.0 Mil. Sienna Senior Living's Total Assets for the quarter that ended in Dec. 2023 was €1,161.5 Mil. Therefore, Sienna Senior Living's Asset Turnover for the quarter that ended in Dec. 2023 was 0.12.

Asset Turnover is linked to ROE % through Du Pont Formula. Sienna Senior Living's annualized ROE % for the quarter that ended in Dec. 2023 was 0.45%. It is also linked to ROA % through Du Pont Formula. Sienna Senior Living's annualized ROA % for the quarter that ended in Dec. 2023 was 0.10%.


Sienna Senior Living Asset Turnover Historical Data

The historical data trend for Sienna Senior Living'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.

Sienna Senior Living Asset Turnover Chart

Sienna Senior Living Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.38 0.42 0.44 0.46

Sienna Senior Living Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.10 0.11 0.12 0.11 0.12

Competitive Comparison of Sienna Senior Living's Asset Turnover

For the Medical Care Facilities subindustry, Sienna Senior Living'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.


Sienna Senior Living's Asset Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Sienna Senior Living's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Sienna Senior Living's Asset Turnover falls into.



Sienna Senior Living Asset Turnover Calculation

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

Sienna Senior Living'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 )
=536.809/( (1167.703+1158.788)/ 2 )
=536.809/1163.2455
=0.46

Sienna Senior Living'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 )
=144.045/( (1164.181+1158.788)/ 2 )
=144.045/1161.4845
=0.12

* 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.


Sienna Senior Living  (FRA:636) Asset Turnover Explanation

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

Sienna Senior Living's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=1.18/262.9135
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.18 / 576.18)*(576.18 / 1161.4845)*(1161.4845/ 262.9135)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.2 %*0.4961*4.4177
=ROA %*Equity Multiplier
=0.10 %*4.4177
=0.45 %

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:

Sienna Senior Living's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=1.18/1161.4845
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.18 / 576.18)*(576.18 / 1161.4845)
=Net Margin %*Asset Turnover
=0.2 %*0.4961
=0.10 %

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.


Sienna Senior Living Asset Turnover Related Terms

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Sienna Senior Living (FRA:636) Business Description

Traded in Other Exchanges
Address
302 Town Centre Boulevard, Suite 300, Markham, ON, CAN, L3R 0E8
Sienna Senior Living Inc is one of the largest owners of seniors' housing, the largest licensed long-term care operator in Ontario, and a provider of services across the full continuum of care. The firm operates solely within Canada. The company is comprised of the following main business segments, LTC Business, Retirement, and Other. LTC business division consists of approximately 34 LTC residences in the Province of Ontario, eight seniors' living residences located in the Province of British Columbia and the LTC management services business. The group derives a majority of its revenue from LTC segment.

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