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T Stamp (T Stamp) Asset Turnover : 0.09 (As of Mar. 2024)


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What is T Stamp Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. T Stamp's Revenue for the three months ended in Mar. 2024 was $0.57 Mil. T Stamp's Total Assets for the quarter that ended in Mar. 2024 was $6.75 Mil. Therefore, T Stamp's Asset Turnover for the quarter that ended in Mar. 2024 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. T Stamp's annualized ROE % for the quarter that ended in Mar. 2024 was -417.37%. It is also linked to ROA % through Du Pont Formula. T Stamp's annualized ROA % for the quarter that ended in Mar. 2024 was -158.70%.


T Stamp Asset Turnover Historical Data

The historical data trend for T Stamp'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.

T Stamp Asset Turnover Chart

T Stamp Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 0.55 0.60 0.55 0.71 0.64

T Stamp Quarterly Data
Dec17 Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.08 0.06 0.37 0.08 0.09

Competitive Comparison of T Stamp's Asset Turnover

For the Software - Application subindustry, T Stamp'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.


T Stamp's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, T Stamp's Asset Turnover distribution charts can be found below:

* The bar in red indicates where T Stamp's Asset Turnover falls into.



T Stamp Asset Turnover Calculation

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

T Stamp'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 )
=4.56/( (6.412+7.893)/ 2 )
=4.56/7.1525
=0.64

T Stamp's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0.574/( (7.893+5.612)/ 2 )
=0.574/6.7525
=0.09

* 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.


T Stamp  (NAS:IDAI) Asset Turnover Explanation

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

T Stamp's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-10.716/2.5675
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-10.716 / 2.296)*(2.296 / 6.7525)*(6.7525/ 2.5675)
=Net Margin %*Asset Turnover*Equity Multiplier
=-466.72 %*0.34*2.63
=ROA %*Equity Multiplier
=-158.70 %*2.63
=-417.37 %

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

T Stamp's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-10.716/6.7525
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-10.716 / 2.296)*(2.296 / 6.7525)
=Net Margin %*Asset Turnover
=-466.72 %*0.34
=-158.70 %

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


T Stamp Asset Turnover Related Terms

Thank you for viewing the detailed overview of T Stamp's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


T Stamp (T Stamp) Business Description

Traded in Other Exchanges
N/A
Address
3017 Bolling Way NE, Floors 1 and 2, Atlanta, GA, USA, 30305
T Stamp Inc develops and markets identity authentication software solutions for enterprise partners and peer-to-peer markets. The company is engaged in developing proprietary artificial intelligence-powered solutions; researching and leveraging biometric science, cryptography, and data mining to deliver insightful identity & trust predictions while identifying and defending against fraudulent identity attacks.
Executives
Charles Edward Potts director 1024 LOS ANGELES AVE NE, ATLANTA GA 30306
Sally R Hanna 10 percent owner FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Andrew Carl Gowasack director, officer: President 4733, WOODLAND BROOK CT SE, ATLANTA GA 30339
Alexander Valdes officer: Chief Financial Officer 8402 ADALINA PL, ORLANDO FL 32827
Kristin Stafford director 325 MAYES FARM TRAIL, NE, MARIETTA GA 30064
William Mcclintock director 11, BEISLLEY PLACE MORTIMER DRIVE, ROMSEY, HAMPSHIRE X0 SO51 0EN
Tracy Ming officer: Financial Controller 5444 STONE COVE DRIVE SW, ATLANTA GA 30331
Joshua Allen director, officer: Executive Vice President 134A, TOWER ROAD APT 2, SLIEMA O1 SLM 1551
David Story director APOLLO HOUSE, PORTSMOUTH ROAD, HINDHEAD X0 GU26 6FQ
Gareth Neville Genner director, officer: Chief Executive Officer E5-901 FORT CAMBRIDGE, TIGNE STREET, SLIEMA O1 SLM3060
Reach Ventures 2017 Lp 10 percent owner 430 NORTH MICHIGAN AVENUE, 9TH FLOOR, CHICAGO IL 60611
Berta Pappenheim director 117 SANTA LUCIJA STREET, NAXXAR O1 NXR1503
Mark Birschbach director 430 NORTH MICHIGAN AVE NINTH FLOOR, CHICAGO IL 60611
Second Century Ventures, Llc 10 percent owner 430 N. MICHIGAN AVE., CHICAGO IL 60611

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