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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Larimar Therapeutics's Revenue for the three months ended in Dec. 2024 was $0.00 Mil. Larimar Therapeutics's Total Assets for the quarter that ended in Dec. 2024 was $209.62 Mil. Therefore, Larimar Therapeutics's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.
Asset Turnover is linked to ROE % through Du Pont Formula. Larimar Therapeutics's annualized ROE % for the quarter that ended in Dec. 2024 was -62.29%. It is also linked to ROA % through Du Pont Formula. Larimar Therapeutics's annualized ROA % for the quarter that ended in Dec. 2024 was -55.00%.
The historical data trend for Larimar Therapeutics'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.
Larimar Therapeutics Annual Data | |||||||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||
Asset Turnover | Get a 7-Day Free Trial | - | - | - | - | - |
Larimar Therapeutics Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Asset Turnover | Get a 7-Day Free Trial |
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For the Biotechnology subindustry, Larimar Therapeutics'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.
For the Biotechnology industry and Healthcare sector, Larimar Therapeutics's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Larimar Therapeutics's Asset Turnover falls into.
Asset Turnover measures how quickly a company turns over its asset through sales.
Larimar Therapeutics's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as
Asset Turnover | ||||||
= | Revenue | / | Average Total Assets | |||
= | Revenue (A: Dec. 2024 ) | / | ( (Total Assets (A: Dec. 2023 ) | + | Total Assets (A: Dec. 2024 )) | / count ) |
= | 0 | / | ( (95.935 | + | 200.225) | / 2 ) |
= | 0 | / | 148.08 | |||
= | 0.00 |
Larimar Therapeutics's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as
Asset Turnover | ||||||
= | Revenue | / | Average Total Assets | |||
= | Revenue (Q: Dec. 2024 ) | / | ( (Total Assets (Q: Sep. 2024 ) | + | Total Assets (Q: Dec. 2024 )) | / count ) |
= | 0 | / | ( (219.021 | + | 200.225) | / 2 ) |
= | 0 | / | 209.623 | |||
= | 0.00 |
* 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.
Larimar Therapeutics (NAS:LRMR) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Larimar Therapeutics's annulized ROE % for the quarter that ended in Dec. 2024 is
ROE %** | (Q: Dec. 2024 ) | ||||
= | Net Income | / | Total Stockholders Equity | ||
= | -115.296 | / | 185.106 | ||
= | (Net Income / Revenue) | * | (Revenue / Total Assets) | * | (Total Assets / Total Stockholders Equity) |
= | (-115.296 / 0) | * | (0 / 209.623) | * | (209.623/ 185.106) |
= | Net Margin % | * | Asset Turnover | * | Equity Multiplier |
= | % | * | 0 | * | 1.1324 |
= | ROA % | * | Equity Multiplier | ||
= | -55.00 % | * | 1.1324 | ||
= | -62.29 % |
Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 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:
Larimar Therapeutics's annulized ROA % for the quarter that ended in Dec. 2024 is
ROA % | (Q: Dec. 2024 ) | ||
= | Net Income | / | Total Assets |
= | -115.296 | / | 209.623 |
= | (Net Income / Revenue) | * | (Revenue / Total Assets) |
= | (-115.296 / 0) | * | (0 / 209.623) |
= | Net Margin % | * | Asset Turnover |
= | % | * | 0 |
= | -55.00 % |
Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 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.
Thank you for viewing the detailed overview of Larimar Therapeutics's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Thomas Edward Hamilton | director | 211 STUYVESANT AVE, RYE NY 10580 |
James E Flynn | 10 percent owner, other: Possible Member of 10% Group | 780 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017 |
Frank E Thomas | director | C/O ORCHARD THERAPEUTICS, 101 SEAPORT BOULEVARD, 7TH FLOOR, BOSTON MA 02210 |
Gopi Shankar | officer: Chief Development Officer | C/O LARIMAR THERAPEUTICS, INC., THREE BALA PLAZA EAST. SUITE 506, BALA CYNWYD PA 19004 |
Jeffrey W Sherman | director | C/O IDM PHARMA, INC., 9 PARKER, SUITE 100, IRVINE CA 92618 |
Russell Clayton | officer: Chief Medical Officer | 2600 KELLY RD, WARRINGTON PA 18976 |
Carole Ben-maimon | director, officer: President and CEO | C/O IMPAX LABORATORIES, INC., 30831 HUNTWOOD AVENUE, HAYWARD CA 94544 |
Michael Celano | officer: Chief Financial Officer | 220 EAST FIRST STREET, BETHLEHEM PA 18015 |
Joseph Truitt | director | C/O ACHILLION PHARMACEUTICALS, INC., 300 GEORGE STREET, NEW HAVEN CT 06511 |
Jonathan S Leff | director | C/O DEERFIELD MANAGEMENT COMPANY, L.P, 780 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017 |
Deerfield Mgmt Hif, L.p. | director, 10 percent owner, other: Director by Deputization | 780 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017 |
Chondrial Therapeutics Holdings, Llc | 10 percent owner | 150 MONUMENT ROAD, SUITE 207, BALA CYNWYD PA 19004 |
Deerfield Mgmt Iv, L.p. | director, 10 percent owner, other: Director by Deputization | 780 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017 |
Deerfield Private Design Fund Iv, L.p. | director, 10 percent owner, other: Director by Deputization | 780 THIRD AVENUE 37TH FLOOR, NEW YORK NY 10017 |
Deerfield Healthcare Innovations Fund, L.p. | director, 10 percent owner, other: Director by Deputization | 780 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017 |
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