LookSmart (FRA:LOKB) Asset Turnover : 0.22 (As of Jun. 2015)

View and export this data going back to . Start your Free Trial

What is LookSmart Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. LookSmart's Revenue for the three months ended in Jun. 2015 was €0.91 Mil. LookSmart's Total Assets for the quarter that ended in Jun. 2015 was €4.16 Mil. Therefore, LookSmart's Asset Turnover for the quarter that ended in Jun. 2015 was 0.22.

Asset Turnover is linked to ROE % through Du Pont Formula. LookSmart's annualized ROE % for the quarter that ended in Jun. 2015 was -345.87%. It is also linked to ROA % through Du Pont Formula. LookSmart's annualized ROA % for the quarter that ended in Jun. 2015 was -85.20%.

LookSmart Asset Turnover Historical Data

The historical data trend for LookSmart'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.

LookSmart Asset Turnover Chart

LookSmart Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Asset Turnover

Get a 7-Day Free Trial

1.35

0.84

0.64

0.43

0.62

LookSmart Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Asset Turnover	Get a 7-Day Free Trial															0.16	0.19	0.17	0.23	0.22

Competitive Comparison of LookSmart's Asset Turnover

For the Internet Content & Information subindustry, LookSmart'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.

LookSmart's Asset Turnover Distribution in the Interactive Media Industry

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

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

LookSmart Asset Turnover Calculation

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

LookSmart's Asset Turnover for the fiscal year that ended in Dec. 2014 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (A: Dec. 2014 )	/	( (Total Assets (A: Dec. 2013 )	+	Total Assets (A: Dec. 2014 ))	/ count )
=	3.813	/	( (8.502	+	3.857)	/ 2 )
=	3.813	/	6.1795
=	0.62

LookSmart's Asset Turnover for the quarter that ended in Jun. 2015 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: Jun. 2015 )	/	( (Total Assets (Q: Mar. 2015 )	+	Total Assets (Q: Jun. 2015 ))	/ count )
=	0.909	/	( (4.149	+	4.161)	/ 2 )
=	0.909	/	4.155
=	0.22

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.

LookSmart (FRA:LOKB) Asset Turnover Explanation

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

LookSmart's annulized ROE % for the quarter that ended in Jun. 2015 is

	ROE %^**		(Q: Jun. 2015 )
=	Net Income	/	Total Stockholders Equity
=	-3.54	/	1.0235
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-3.54 / 3.636)	*	(3.636 / 4.155)	*	(4.155/ 1.0235)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	-97.36 %	*	0.8751	*	4.0596
=	ROA %	*	Equity Multiplier
=	-85.20 %	*	4.0596
=	-345.87 %

Note: The Net Income data used here is four times the quarterly (Jun. 2015) net income data. The Revenue data used here is four times the quarterly (Jun. 2015) revenue data.

^** 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:

LookSmart's annulized ROA % for the quarter that ended in Jun. 2015 is

	ROA %		(Q: Jun. 2015 )
=	Net Income	/	Total Assets
=	-3.54	/	4.155
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(-3.54 / 3.636)	*	(3.636 / 4.155)
=	Net Margin %	*	Asset Turnover
=	-97.36 %	*	0.8751
=	-85.20 %

Note: The Net Income data used here is four times the quarterly (Jun. 2015) net income data. The Revenue data used here is four times the quarterly (Jun. 2015) revenue data.

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.

LookSmart Asset Turnover Related Terms

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

LookSmart (FRA:LOKB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » LookSmart Ltd (FRA:LOKB) » Definitions » Asset Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.looksmart.com

LookSmart Ltd was organized in 1996 and is incorporated in the State of Delaware. The Company is a search advertising network solutions Company that provides relevant solutions for search advertising customers. It operates in a large online search advertising ecosystem serving ads that target user queries on partner sites. It operates in the middle of this ecosystem, acquiring search queries from a variety of sources and matching them with the keywords of its search advertising customers. The Companys largest category of customers has been intermediaries, the majority of which purchase clicks to sell into the affiliate networks of the large search engine providers. Another category of customers are direct advertisers and their agencies whose objective is to obtain conversions or sales from the clicks. The last category of customers is self-service advertisers that sign-up online and pays by credit card. It offers search advertising customers targeted, pay-per-click (PPC) search via a monitored search advertising distribution network using the Companys AdCenter platform technology. The Companys search advertising network includes publishers and search advertising customers, including intermediaries and direct advertising customers and their agencies as well as self-service customers in the United States and certain other countries. The Companys application programming interface (API) allows search advertising customers and their advertising agencies to connect any type of marketing or reporting software with minimal effort for easier access, management, and optimization of search advertising campaigns. It also offers publishers licensed private-label search advertiser network solutions based on its AdCenter platform technology (Publisher Solutions). Publisher Solutions consist of hosted auction-based ad serving with an ad backfill capability that allows publishers and portals to manage their advertiser relationships, distribution channels and accounts. The Companys trademarks include LookSmart. It is subject to a number of domestic state and federal laws that affect companies conducting business on the Internet.