STMDF (StartMonday Technology) Asset Turnover: 0.05 (As of Sep. 2018)


What is StartMonday Technology Asset Turnover?

StartMonday Technology STMDF -99.00% Asset Turnover is 0.05 as of Sep. 2018.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. StartMonday Technology's Revenue for the three months ended in Sep. 2018 was $0.05 Mil. StartMonday Technology's Total Assets for the quarter that ended in Sep. 2018 was $1.03 Mil. Therefore, StartMonday Technology's Asset Turnover for the quarter that ended in Sep. 2018 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. StartMonday Technology's annualized ROE % for the quarter that ended in Sep. 2018 was -4,481.12%. It is also linked to ROA % through Du Pont Formula. StartMonday Technology's annualized ROA % for the quarter that ended in Sep. 2018 was -311.82%.

StartMonday Technology  (OTCPK:STMDF) Asset Turnover Explanation

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

StartMonday Technology's annulized ROE % for the quarter that ended in Sep. 2018 is

ROE %**(Q: Sep. 2018 )
=Net Income/Total Stockholders Equity
=-3.204/0.0715
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.204 / 0.204)*(0.204 / 1.0275)*(1.0275/ 0.0715)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1570.59 %*0.1985*14.3706
=ROA %*Equity Multiplier
=-311.82 %*14.3706
=-4,481.12 %

Note: The Net Income data used here is four times the quarterly (Sep. 2018) net income data. The Revenue data used here is four times the quarterly (Sep. 2018) 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:

StartMonday Technology's annulized ROA % for the quarter that ended in Sep. 2018 is

ROA %(Q: Sep. 2018 )
=Net Income/Total Assets
=-3.204/1.0275
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.204 / 0.204)*(0.204 / 1.0275)
=Net Margin %*Asset Turnover
=-1570.59 %*0.1985
=-311.82 %

Note: The Net Income data used here is four times the quarterly (Sep. 2018) net income data. The Revenue data used here is four times the quarterly (Sep. 2018) 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.

StartMonday Technology Asset Turnover Related Terms

StartMonday Technology Asset Turnover Historical Data

* Premium members only.

The historical data trend for StartMonday Technology'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.

StartMonday Technology Asset Turnover Chart

StartMonday Technology Annual Data
Trend Dec15 Dec16 Dec17
Asset Turnover
0.07 0.05 0.23

StartMonday Technology Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.11 0.02 0.02 0.05

STMDF vs DSNY, QUES, ANY: Asset Turnover Comparison

For the Software - Application subindustry, StartMonday Technology'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.

StartMonday Technology Asset Turnover vs Software Industry

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

* The bar in red indicates where StartMonday Technology's Asset Turnover falls into.


StartMonday Technology Asset Turnover Calculation

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

StartMonday Technology's Asset Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2017 )/( (Total Assets (A: Dec. 2016 )+Total Assets (A: Dec. 2017 ))/ count )
=0.166/( (0.726+0.71)/ 2 )
=0.166/0.718
=0.23

StartMonday Technology's Asset Turnover for the quarter that ended in Sep. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2018 )/( (Total Assets (Q: Jun. 2018 )+Total Assets (Q: Sep. 2018 ))/ count )
=0.051/( (1.294+0.761)/ 2 )
=0.051/1.0275
=0.05

* 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 0.05 mean?
StartMonday Technology (STMDF) has a Asset Turnover of 0.05 as of Sep. 2018. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on StartMonday Technology and its competitors.
Is StartMonday Technology's Asset Turnover too high?
StartMonday Technology's current Asset Turnover is 0.05.
How does StartMonday Technology's Asset Turnover compare to DSNY and QUES?
StartMonday Technology's Asset Turnover of 0.05 can be compared against companies in the Software 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 Software company?
A good Asset Turnover depends on the Software 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 StartMonday Technology and its competitors. StartMonday Technology's current Asset Turnover is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is StartMonday Technology stock overvalued right now?
StartMonday Technology (STMDF) has a current Asset Turnover of 0.05. The current Asset Turnover is 0.05. 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 StartMonday Technology (STMDF), the current Asset Turnover is 0.05 as of Sep. 2018. 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.

StartMonday Technology Business Description

Address 1920 - 1177 W Hastings Street, Vancouver, BC, CAN, V6E 2K3
StartMonday Technology Corp is principally engaged in candidate selection solutions for employers in the retail and hospitality sectors. The company generates its revenue in the form of licensing services.