Sirona Biochem (STU:ZSB) Asset Turnover: 0.00 (As of Jul. 2024)

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What is Sirona Biochem Asset Turnover?

Sirona Biochem STU:ZSB Asset Turnover is 0.00 as of Jul. 2024.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Sirona Biochem's Revenue for the three months ended in Jul. 2024 was €0.00 Mil. Sirona Biochem's Total Assets for the quarter that ended in Jul. 2024 was €0.52 Mil. Therefore, Sirona Biochem's Asset Turnover for the quarter that ended in Jul. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Sirona Biochem's annualized ROE % for the quarter that ended in Jul. 2024 was 107.67%. It is also linked to ROA % through Du Pont Formula. Sirona Biochem's annualized ROA % for the quarter that ended in Jul. 2024 was -459.90%.


Sirona Biochem  (STU:ZSB) Asset Turnover Explanation

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

Sirona Biochem's annulized ROE % for the quarter that ended in Jul. 2024 is

ROE %**(Q: Jul. 2024 )
=Net Income/Total Stockholders Equity
=-2.38/-2.2105
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.38 / 0.008)*(0.008 / 0.5175)*(0.5175/ -2.2105)
=Net Margin %*Asset Turnover*Equity Multiplier
=-29750 %*0.0155*-0.2341
=ROA %*Equity Multiplier
=-459.90 %*-0.2341
=107.67 %

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

Sirona Biochem's annulized ROA % for the quarter that ended in Jul. 2024 is

ROA %(Q: Jul. 2024 )
=Net Income/Total Assets
=-2.38/0.5175
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.38 / 0.008)*(0.008 / 0.5175)
=Net Margin %*Asset Turnover
=-29750 %*0.0155
=-459.90 %

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


Sirona Biochem Asset Turnover Related Terms


Sirona Biochem Asset Turnover Historical Data

* Premium members only.

The historical data trend for Sirona Biochem'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.

Sirona Biochem Asset Turnover Chart

Sirona Biochem Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.03 0.16 0.54 0.03

Sirona Biochem Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 -0.03 0.00 0.01 0.00

STU:ZSB vs MTNB, TCRT, QLGN: Asset Turnover Comparison

For the Biotechnology subindustry, Sirona Biochem'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.


Sirona Biochem Asset Turnover vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Sirona Biochem's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Sirona Biochem's Asset Turnover falls into.



Sirona Biochem Asset Turnover Calculation

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

Sirona Biochem's Asset Turnover for the fiscal year that ended in Oct. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Oct. 2023 )/( (Total Assets (A: Oct. 2022 )+Total Assets (A: Oct. 2023 ))/ count )
=0.024/( (0.957+0.713)/ 2 )
=0.024/0.835
=0.03

Sirona Biochem's Asset Turnover for the quarter that ended in Jul. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jul. 2024 )/( (Total Assets (Q: Apr. 2024 )+Total Assets (Q: Jul. 2024 ))/ count )
=0.002/( (0.491+0.544)/ 2 )
=0.002/0.5175
=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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.00 mean?
Sirona Biochem (STU:ZSB) has a Asset Turnover of 0.00 as of Jul. 2024. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Sirona Biochem and its competitors.
Is Sirona Biochem's Asset Turnover too high?
Sirona Biochem's current Asset Turnover is 0.00.
How does Sirona Biochem's Asset Turnover compare to MTNB and TCRT?
Sirona Biochem's Asset Turnover of 0.00 can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Asset Turnover depends on the Biotechnology 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 Sirona Biochem and its competitors. Sirona Biochem's current Asset Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sirona Biochem stock overvalued right now?
Sirona Biochem (STU:ZSB) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. 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 Sirona Biochem (STU:ZSB), the current Asset Turnover is 0.00 as of Jul. 2024. 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.

Sirona Biochem Business Description

Address C/o WeWork, 595 Burrard Street, Vancouver, BC, CAN, V7X 1L4
Sirona Biochem Corp is a development stage biotechnology company. The principal activities of the company are the development of cosmetic and pharmaceutical active ingredients which are licensed to partners in exchange for upfront, milestone, and royalty payments. The company acts as a cosmetic ingredient and drug discovery company with a proprietary technology platform with a specialization in the stabilization of carbohydrate molecules. The company has a business presence in Canada and France.