MLMC (Mike Lindell Media) Asset Turnover: 23.05 (As of Dec. 2020)


MLMC Mike Lindell Media Corp MLMC
36 GF Score
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What is Mike Lindell Media Asset Turnover?

Mike Lindell Media MLMC -13.00% 36 Asset Turnover is 23.05 as of Dec. 2020. GuruFocus rates MLMC with a GF Score™ of 36/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Mike Lindell Media's Revenue for the six months ended in Dec. 2020 was $1.16 Mil. Mike Lindell Media's Total Assets for the quarter that ended in Dec. 2020 was $0.05 Mil. Therefore, Mike Lindell Media's Asset Turnover for the quarter that ended in Dec. 2020 was 23.05.

Asset Turnover is linked to ROE % through Du Pont Formula. Mike Lindell Media's annualized ROE % for the quarter that ended in Dec. 2020 was -26.23%. It is also linked to ROA % through Du Pont Formula. Mike Lindell Media's annualized ROA % for the quarter that ended in Dec. 2020 was 693.07%.

Mike Lindell Media  (OTCPK:MLMC) Asset Turnover Explanation

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

Mike Lindell Media's annulized ROE % for the quarter that ended in Dec. 2020 is

ROE %**(Q: Dec. 2020 )
=Net Income/Total Stockholders Equity
=0.35/-1.3345
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.35 / 2.328)*(2.328 / 0.0505)*(0.0505/ -1.3345)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.03 %*46.099*-0.0378
=ROA %*Equity Multiplier
=693.07 %*-0.0378
=-26.23 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2020) net income data. The Revenue data used here is two times the semi-annual (Dec. 2020) 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:

Mike Lindell Media's annulized ROA % for the quarter that ended in Dec. 2020 is

ROA %(Q: Dec. 2020 )
=Net Income/Total Assets
=0.35/0.0505
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.35 / 2.328)*(2.328 / 0.0505)
=Net Margin %*Asset Turnover
=15.03 %*46.099
=693.07 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2020) net income data. The Revenue data used here is two times the semi-annual (Dec. 2020) 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.

Mike Lindell Media Asset Turnover Related Terms

Mike Lindell Media Asset Turnover Historical Data

* Premium members only.

The historical data trend for Mike Lindell Media'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.

Mike Lindell Media Asset Turnover Chart

Mike Lindell Media Annual Data
Trend Dec07 Dec08 Dec09 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.30 0.13 18.61 23.05

Mike Lindell Media Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
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 0.06 0.30 0.13 18.61 23.05

MLMC vs MDIA, SGA, UONE: Asset Turnover Comparison

For the Broadcasting subindustry, Mike Lindell Media'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.

Mike Lindell Media Asset Turnover vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Mike Lindell Media's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Mike Lindell Media's Asset Turnover falls into.


MLMC
36GF Score
Mike Lindell Media Corp MLMC
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Mike Lindell Media Asset Turnover Calculation

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

Mike Lindell Media'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 )
=1.164/( (0.054+0.047)/ 2 )
=1.164/0.0505
=23.05

Mike Lindell Media's Asset Turnover for the quarter that ended in Dec. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2020 )/( (Total Assets (Q: Dec. 2019 )+Total Assets (Q: Dec. 2020 ))/ count )
=1.164/( (0.054+0.047)/ 2 )
=1.164/0.0505
=23.05

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 23.05 mean?
Mike Lindell Media (MLMC) has a Asset Turnover of 23.05 as of Dec. 2020. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Mike Lindell Media and its competitors.
Is Mike Lindell Media's Asset Turnover too high?
Mike Lindell Media's current Asset Turnover is 23.05. Overall, Mike Lindell Media has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Mike Lindell Media's Asset Turnover compare to MDIA and SGA?
Mike Lindell Media's Asset Turnover of 23.05 can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Media - Diversified company?
A good Asset Turnover depends on the Media - Diversified industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Mike Lindell Media and its competitors. Mike Lindell Media's current Asset Turnover is 23.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mike Lindell Media stock overvalued right now?
Mike Lindell Media (MLMC) has a current Asset Turnover of 23.05. The current Asset Turnover is 23.05. Mike Lindell Media's overall GF Score™ is 36/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Mike Lindell Media (MLMC), the current Asset Turnover is 23.05 as of Dec. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mike Lindell Media Business Description

Address 1550 Audubon Road, Chaska, MN, USA, 55318
Mike Lindell Media Corp operates a conservative broadcast platform to provide a First-Amendment-friendly alternative to mainstream media options through its platforms at LindellTV.com and vocl.com. Through its platforms, the users can post videos, live stream television, distribute news and information, and others.
36GF Score

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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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