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Leaf Group (Leaf Group) Asset Turnover : 0.39 (As of Mar. 2021)


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What is Leaf 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. Leaf Group's Revenue for the three months ended in Mar. 2021 was $51.9 Mil. Leaf Group's Total Assets for the quarter that ended in Mar. 2021 was $132.8 Mil. Therefore, Leaf Group's Asset Turnover for the quarter that ended in Mar. 2021 was 0.39.

Asset Turnover is linked to ROE % through Du Pont Formula. Leaf Group's annualized ROE % for the quarter that ended in Mar. 2021 was -33.10%. It is also linked to ROA % through Du Pont Formula. Leaf Group's annualized ROA % for the quarter that ended in Mar. 2021 was -18.96%.


Leaf Group Asset Turnover Historical Data

The historical data trend for Leaf 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.

Leaf Group Asset Turnover Chart

Leaf Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 1.40 1.74 1.63 1.80

Leaf Group Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 0.37 0.56 0.61 0.52 0.39

Competitive Comparison of Leaf Group's Asset Turnover

For the Internet Content & Information subindustry, Leaf 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.


Leaf Group's Asset Turnover Distribution in the Interactive Media Industry

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

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



Leaf Group Asset Turnover Calculation

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

Leaf Group's Asset Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=212.061/( (94.603+140.927)/ 2 )
=212.061/117.765
=1.80

Leaf Group's Asset Turnover for the quarter that ended in Mar. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2021 )/( (Total Assets (Q: Dec. 2020 )+Total Assets (Q: Mar. 2021 ))/ count )
=51.877/( (140.927+124.689)/ 2 )
=51.877/132.808
=0.39

* 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.


Leaf Group  (NYSE:LEAF) Asset Turnover Explanation

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

Leaf Group's annulized ROE % for the quarter that ended in Mar. 2021 is

ROE %**(Q: Mar. 2021 )
=Net Income/Total Stockholders Equity
=-25.18/76.063
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-25.18 / 207.508)*(207.508 / 132.808)*(132.808/ 76.063)
=Net Margin %*Asset Turnover*Equity Multiplier
=-12.13 %*1.5625*1.746
=ROA %*Equity Multiplier
=-18.96 %*1.746
=-33.10 %

Note: The Net Income data used here is four times the quarterly (Mar. 2021) net income data. The Revenue data used here is four times the quarterly (Mar. 2021) 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:

Leaf Group's annulized ROA % for the quarter that ended in Mar. 2021 is

ROA %(Q: Mar. 2021 )
=Net Income/Total Assets
=-25.18/132.808
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-25.18 / 207.508)*(207.508 / 132.808)
=Net Margin %*Asset Turnover
=-12.13 %*1.5625
=-18.96 %

Note: The Net Income data used here is four times the quarterly (Mar. 2021) net income data. The Revenue data used here is four times the quarterly (Mar. 2021) 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.


Leaf Group Asset Turnover Related Terms

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


Leaf Group (Leaf Group) Business Description

Traded in Other Exchanges
N/A
Address
1655 26th Street, Santa Monica, CA, USA, 90404
Leaf Group Ltd is a diversified consumer internet company that builds enduring, creator-driven brands that reach passionate audiences in large and growing lifestyle categories, including fitness and wellness and home, art and design. The company operates in three segments: Society6 Group, Saatchi Art Group, and Media Group. Society6 Group is made-to-order marketplace business and includes Society6.com and its wholesale channel. Saatchi Art Group which includes SaatchiArt.com and its complementary art fair event brand, The Other Art Fair which is online art gallery with a focus on emerging artists. Its Media Group segment consists of a diverse portfolio of media properties that educate and inform consumers on a broad range of topics.
Executives
Adam F. Wergeles officer: EVP, Gen Counsel & Secretary C/O REACHLOCAL, INC. 21700 OXNARD STREET, SUITE 1600 WOODLAND HILLS CA 91367
Sean P Moriarty director, officer: Chief Executive Officer C/O LEAF GROUP LTD., 1655 26TH STREET, SANTA MONICA CA 90404
Brian Gephart officer: Chief Financial Officer 1655 26TH STREET, SANTA MONICA CA 90404
Spectrum Equity Investors V L P 10 percent owner ONE INTERNATIONAL PLACE 29TH FL BOSTON MA 02110
Osmium Capital Ii, Lp other: May be member of 10% group 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
John Hartnett Lewis other: May be member of 10% group 388 MARKET STREET, SUITE 920, SAN FRANCISCO CA 94111
Osmium Spartan L P other: May be member of 10% group 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Partners, Llc other: May be member of 10% group 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Capital Lp other: May be member of 10% group 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Sea V Management Llc 10 percent owner 333 MIDDLEFIELD ROAD SUITE 200 MENLO PARK CA 94025
Spectrum Equity Associates V Lp 10 percent owner 333 MIDDLEFIELD ROAD SUITE 200 MENLO PARK CA 94025
Spectrum V Investment Managers Fund Lp 10 percent owner 333 MIDDLEFIELD ROAD SUITE 200 MENLO PARK CA 94025
Osmium Diamond, Lp other: May be member of 10% group C/O OSMIUM PARTNERS, LLC, 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Brian Pike officer: CTO & COO C/O LEAF GROUP LTD. 1655 26TH STREET SANTA MONICA CA 90404
Boyle Capital Management, L.l.c. other: May be member of 10% group 1230 OFFICE PLAZA DRIVE WEST DES MOINES IA 50266-2300