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Everybody Loves Languages (TSXV:ELL) Asset Turnover : 0.07 (As of Sep. 2021)


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What is Everybody Loves Languages Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Everybody Loves Languages's Revenue for the three months ended in Sep. 2021 was C$0.16 Mil. Everybody Loves Languages's Total Assets for the quarter that ended in Sep. 2021 was C$2.47 Mil. Therefore, Everybody Loves Languages's Asset Turnover for the quarter that ended in Sep. 2021 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. Everybody Loves Languages's annualized ROE % for the quarter that ended in Sep. 2021 was -58.17%. It is also linked to ROA % through Du Pont Formula. Everybody Loves Languages's annualized ROA % for the quarter that ended in Sep. 2021 was -45.70%.


Everybody Loves Languages Asset Turnover Historical Data

The historical data trend for Everybody Loves Languages'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.

Everybody Loves Languages Asset Turnover Chart

Everybody Loves Languages Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.64 1.37 1.20 0.97

Everybody Loves Languages Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.03 0.41 0.07 0.43 0.07

Competitive Comparison of Everybody Loves Languages's Asset Turnover

For the Education & Training Services subindustry, Everybody Loves Languages'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.


Everybody Loves Languages's Asset Turnover Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Everybody Loves Languages's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Everybody Loves Languages's Asset Turnover falls into.



Everybody Loves Languages Asset Turnover Calculation

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

Everybody Loves Languages'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 )
=2.102/( (1.952+2.396)/ 2 )
=2.102/2.174
=0.97

Everybody Loves Languages's Asset Turnover for the quarter that ended in Sep. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2021 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Sep. 2021 ))/ count )
=0.163/( (2.607+2.33)/ 2 )
=0.163/2.4685
=0.07

* 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.


Everybody Loves Languages  (TSXV:ELL) Asset Turnover Explanation

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

Everybody Loves Languages's annulized ROE % for the quarter that ended in Sep. 2021 is

ROE %**(Q: Sep. 2021 )
=Net Income/Total Stockholders Equity
=-1.128/1.939
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.128 / 0.652)*(0.652 / 2.4685)*(2.4685/ 1.939)
=Net Margin %*Asset Turnover*Equity Multiplier
=-173.01 %*0.2641*1.2731
=ROA %*Equity Multiplier
=-45.70 %*1.2731
=-58.17 %

Note: The Net Income data used here is four times the quarterly (Sep. 2021) net income data. The Revenue data used here is four times the quarterly (Sep. 2021) 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:

Everybody Loves Languages's annulized ROA % for the quarter that ended in Sep. 2021 is

ROA %(Q: Sep. 2021 )
=Net Income/Total Assets
=-1.128/2.4685
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.128 / 0.652)*(0.652 / 2.4685)
=Net Margin %*Asset Turnover
=-173.01 %*0.2641
=-45.70 %

Note: The Net Income data used here is four times the quarterly (Sep. 2021) net income data. The Revenue data used here is four times the quarterly (Sep. 2021) 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.


Everybody Loves Languages Asset Turnover Related Terms

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Everybody Loves Languages (TSXV:ELL) Business Description

Traded in Other Exchanges
N/A
Address
20 Bay Street, 11th Floor, Toronto, ON, CAN, M5J 2N8
Everybody Loves Languages Corp is an Ed-tech language-learning and content development company empowering language educators to easily transition from traditional teaching methods to digital learning by integrating education, edutainment, and technology. It has two business segments; The license of intellectual property: Lingo Learning is a content-based publisher of English language learning textbook programs in China. It earns royalties from Licensing Sales compared to Finished Product Sales, and Online and Offline Language Learning; a web-based educational technology language learning, training, and assessment company. The Company provides the right to access to hosted software over a contract term without the customer taking possession of the software.

Everybody Loves Languages (TSXV:ELL) Headlines

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