GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Fineqia International Inc (STU:FNQA) » Definitions » Asset Turnover

Fineqia International (STU:FNQA) Asset Turnover : 0.00 (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Fineqia International Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Fineqia International's Revenue for the three months ended in Mar. 2024 was €0.00 Mil. Fineqia International's Total Assets for the quarter that ended in Mar. 2024 was €1.59 Mil. Therefore, Fineqia International's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Fineqia International's annualized ROE % for the quarter that ended in Mar. 2024 was 93.94%. It is also linked to ROA % through Du Pont Formula. Fineqia International's annualized ROA % for the quarter that ended in Mar. 2024 was -87.24%.


Fineqia International Asset Turnover Historical Data

The historical data trend for Fineqia International'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.

Fineqia International Asset Turnover Chart

Fineqia International Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.14 0.05 - 0.02

Fineqia International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - 0.01 - -

Competitive Comparison of Fineqia International's Asset Turnover

For the Financial Conglomerates subindustry, Fineqia International'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.


Fineqia International's Asset Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Fineqia International's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Fineqia International's Asset Turnover falls into.



Fineqia International Asset Turnover Calculation

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

Fineqia International's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=0.021/( (1.136+1.62)/ 2 )
=0.021/1.378
=0.02

Fineqia International's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0/( (1.62+1.562)/ 2 )
=0/1.591
=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.


Fineqia International  (STU:FNQA) Asset Turnover Explanation

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

Fineqia International's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-1.388/-1.4775
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.388 / 0)*(0 / 1.591)*(1.591/ -1.4775)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-1.0768
=ROA %*Equity Multiplier
=-87.24 %*-1.0768
=93.94 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 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:

Fineqia International's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-1.388/1.591
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.388 / 0)*(0 / 1.591)
=Net Margin %*Asset Turnover
= %*0
=-87.24 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 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.


Fineqia International Asset Turnover Related Terms

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


Fineqia International (STU:FNQA) Business Description

Traded in Other Exchanges
Address
57 Berkeley Square, Lansdowne House 1st floor, London, GBR, W1J6ER
Fineqia International Inc is a digital asset business that invests in early and growth-stage technology companies at the forefront of the next generation of the internet. The Company operates in the UK, Malta, Liechtenstein, and Canada.

Fineqia International (STU:FNQA) Headlines

No Headlines