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Rezolve AI (STU:O5F) Asset Turnover : 0.02 (As of Jun. 2024)


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What is Rezolve AI Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Rezolve AI's Revenue for the six months ended in Jun. 2024 was €0.05 Mil. Rezolve AI's Total Assets for the quarter that ended in Jun. 2024 was €3.00 Mil. Therefore, Rezolve AI's Asset Turnover for the quarter that ended in Jun. 2024 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Rezolve AI's annualized ROE % for the quarter that ended in Jun. 2024 was 44.08%. It is also linked to ROA % through Du Pont Formula. Rezolve AI's annualized ROA % for the quarter that ended in Jun. 2024 was -794.67%.


Rezolve AI Asset Turnover Historical Data

The historical data trend for Rezolve AI'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.

Rezolve AI Asset Turnover Chart

Rezolve AI Annual Data
Trend Dec21 Dec22 Dec23
Asset Turnover
0.18 0.01 0.07

Rezolve AI Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24
Asset Turnover - - 0.03 0.04 0.02

Competitive Comparison of Rezolve AI's Asset Turnover

For the Software - Infrastructure subindustry, Rezolve AI'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.


Rezolve AI's Asset Turnover Distribution in the Software Industry

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

* The bar in red indicates where Rezolve AI's Asset Turnover falls into.


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Rezolve AI Asset Turnover Calculation

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

Rezolve AI'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 )
=0.133/( (1.557+2.326)/ 2 )
=0.133/1.9415
=0.07

Rezolve AI's Asset Turnover for the quarter that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=0.049/( (2.326+3.679)/ 2 )
=0.049/3.0025
=0.02

* 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.


Rezolve AI  (STU:O5F) Asset Turnover Explanation

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

Rezolve AI's annulized ROE % for the quarter that ended in Jun. 2024 is

ROE %**(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=-23.86/-54.1295
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-23.86 / 0.098)*(0.098 / 3.0025)*(3.0025/ -54.1295)
=Net Margin %*Asset Turnover*Equity Multiplier
=-24346.94 %*0.0326*-0.0555
=ROA %*Equity Multiplier
=-794.67 %*-0.0555
=44.08 %

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

Rezolve AI's annulized ROA % for the quarter that ended in Jun. 2024 is

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=-23.86/3.0025
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-23.86 / 0.098)*(0.098 / 3.0025)
=Net Margin %*Asset Turnover
=-24346.94 %*0.0326
=-794.67 %

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


Rezolve AI Asset Turnover Related Terms

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Rezolve AI Business Description

Traded in Other Exchanges
Address
80 New Bond Street, 3rd Floor, London, GBR, W1S 1SB
Rezolve AI Ltd provides a mobile commerce and engagement platform, underpinned by machine learning, that enables retailers, brands and manufacturers to engage with consumers in a broad range of locations and settings via their mobile devices and personal computers. its platform allows for mobile engagement with merchants using its software to extend their business to consumers' mobile devices and computers in different ways.

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