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01 Communique Laboratory (FRA:DFK) Asset Turnover : 0.24 (As of Jan. 2024)


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What is 01 Communique Laboratory Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. 01 Communique Laboratory's Revenue for the three months ended in Jan. 2024 was €0.07 Mil. 01 Communique Laboratory's Total Assets for the quarter that ended in Jan. 2024 was €0.28 Mil. Therefore, 01 Communique Laboratory's Asset Turnover for the quarter that ended in Jan. 2024 was 0.24.

Asset Turnover is linked to ROE % through Du Pont Formula. 01 Communique Laboratory's annualized ROE % for the quarter that ended in Jan. 2024 was -183.33%. It is also linked to ROA % through Du Pont Formula. 01 Communique Laboratory's annualized ROA % for the quarter that ended in Jan. 2024 was -108.64%.


01 Communique Laboratory Asset Turnover Historical Data

The historical data trend for 01 Communique Laboratory'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.

01 Communique Laboratory Asset Turnover Chart

01 Communique Laboratory Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.51 0.70 0.86 0.57

01 Communique Laboratory Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.11 0.16 0.17 0.26 0.24

Competitive Comparison of 01 Communique Laboratory's Asset Turnover

For the Software - Application subindustry, 01 Communique Laboratory'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.


01 Communique Laboratory's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, 01 Communique Laboratory's Asset Turnover distribution charts can be found below:

* The bar in red indicates where 01 Communique Laboratory's Asset Turnover falls into.



01 Communique Laboratory Asset Turnover Calculation

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

01 Communique Laboratory's Asset Turnover for the fiscal year that ended in Oct. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Oct. 2023 )/( (Total Assets (A: Oct. 2022 )+Total Assets (A: Oct. 2023 ))/ count )
=0.327/( (0.823+0.334)/ 2 )
=0.327/0.5785
=0.57

01 Communique Laboratory's Asset Turnover for the quarter that ended in Jan. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=0.067/( (0.334+0.233)/ 2 )
=0.067/0.2835
=0.24

* 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.


01 Communique Laboratory  (FRA:DFK) Asset Turnover Explanation

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

01 Communique Laboratory's annulized ROE % for the quarter that ended in Jan. 2024 is

ROE %**(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=-0.308/0.168
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.308 / 0.268)*(0.268 / 0.2835)*(0.2835/ 0.168)
=Net Margin %*Asset Turnover*Equity Multiplier
=-114.93 %*0.9453*1.6875
=ROA %*Equity Multiplier
=-108.64 %*1.6875
=-183.33 %

Note: The Net Income data used here is four times the quarterly (Jan. 2024) net income data. The Revenue data used here is four times the quarterly (Jan. 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:

01 Communique Laboratory's annulized ROA % for the quarter that ended in Jan. 2024 is

ROA %(Q: Jan. 2024 )
=Net Income/Total Assets
=-0.308/0.2835
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.308 / 0.268)*(0.268 / 0.2835)
=Net Margin %*Asset Turnover
=-114.93 %*0.9453
=-108.64 %

Note: The Net Income data used here is four times the quarterly (Jan. 2024) net income data. The Revenue data used here is four times the quarterly (Jan. 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.


01 Communique Laboratory Asset Turnover Related Terms

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01 Communique Laboratory (FRA:DFK) Business Description

Traded in Other Exchanges
Address
789 Don Mills Road, Suite No. 700, Toronto, ON, CAN, M3C 1T5
01 Communique Laboratory Inc focuses on cybersecurity with its IronCAP patent-pending cryptographic system, which operates on conventional computer systems and is designed to protect users and enterprises against the ever-evolving illegitimate and malicious means of gaining access to their data not only today but also in the future as quantum computers appear. Based on improved code-based encryption it is designed to be faster and more secure than current standards. As well, the company's legacy business provides customers with secure remote access marketed under its I'm InTouch, I'm OnCall and I'm InTouch Meeting suite of services and products protected by patents. It derives a majority of its revenue from Japan.

01 Communique Laboratory (FRA:DFK) Headlines

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