GURUFOCUS.COM » STOCK LIST » Technology » Software » Solutions 30 SE (LTS:0A29) » Definitions » Asset Turnover

Solutions 30 SE (LTS:0A29) Asset Turnover : 0.68 (As of Dec. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Solutions 30 SE Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Solutions 30 SE's Revenue for the six months ended in Dec. 2024 was €478.6 Mil. Solutions 30 SE's Total Assets for the quarter that ended in Dec. 2024 was €707.9 Mil. Therefore, Solutions 30 SE's Asset Turnover for the quarter that ended in Dec. 2024 was 0.68.

Asset Turnover is linked to ROE % through Du Pont Formula. Solutions 30 SE's annualized ROE % for the quarter that ended in Dec. 2024 was -20.22%. It is also linked to ROA % through Du Pont Formula. Solutions 30 SE's annualized ROA % for the quarter that ended in Dec. 2024 was -2.80%.


Solutions 30 SE Asset Turnover Historical Data

The historical data trend for Solutions 30 SE'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.

Solutions 30 SE Asset Turnover Chart

Solutions 30 SE Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.20 1.24 1.30 1.49 1.39

Solutions 30 SE Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.67 0.77 0.78 0.72 0.68

Competitive Comparison of Solutions 30 SE's Asset Turnover

For the Information Technology Services subindustry, Solutions 30 SE'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.


Solutions 30 SE's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Solutions 30 SE's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Solutions 30 SE's Asset Turnover falls into.


;
;

Solutions 30 SE Asset Turnover Calculation

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

Solutions 30 SE'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 )
=996/( (723.8+709.6)/ 2 )
=996/716.7
=1.39

Solutions 30 SE'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: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=478.6/( (706.1+709.6)/ 2 )
=478.6/707.85
=0.68

* 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.


Solutions 30 SE  (LTS:0A29) Asset Turnover Explanation

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

Solutions 30 SE's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-19.8/97.9
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-19.8 / 957.2)*(957.2 / 707.85)*(707.85/ 97.9)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.07 %*1.3523*7.2303
=ROA %*Equity Multiplier
=-2.80 %*7.2303
=-20.22 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (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:

Solutions 30 SE's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-19.8/707.85
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-19.8 / 957.2)*(957.2 / 707.85)
=Net Margin %*Asset Turnover
=-2.07 %*1.3523
=-2.80 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (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.


Solutions 30 SE Asset Turnover Related Terms

Thank you for viewing the detailed overview of Solutions 30 SE's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Solutions 30 SE Business Description

Traded in Other Exchanges
Address
3, Rue de la Reine, Luxembourg, LUX, L-2418
Solutions 30 SE is engaged in the provision of support services for digital technologies. The company is engaged in computer and digital equipment installation, assistance, and training services; installation and maintenance of meters and transmitter boxes, and installation and setup of digital multimedia equipment services. The activity is organized into three sectors: AI-telecom: computer and digital equipment installation, assistance, and training services; Energy: installation and maintenance of meters and transmitter boxes (electricity, water, and gas); Audiovisual: installation and setup of digital multimedia equipment, troubleshooting, and training services. Geographically, it derives a majority of its revenue from France.

Solutions 30 SE Headlines

No Headlines