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Personas Social (TSXV:PRSN) Asset Turnover : 0.62 (As of Sep. 2024)


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What is Personas Social Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Personas Social's Revenue for the three months ended in Sep. 2024 was C$0.96 Mil. Personas Social's Total Assets for the quarter that ended in Sep. 2024 was C$1.55 Mil. Therefore, Personas Social's Asset Turnover for the quarter that ended in Sep. 2024 was 0.62.

Asset Turnover is linked to ROE % through Du Pont Formula. Personas Social's annualized ROE % for the quarter that ended in Sep. 2024 was 11.35%. It is also linked to ROA % through Du Pont Formula. Personas Social's annualized ROA % for the quarter that ended in Sep. 2024 was -22.90%.


Personas Social Asset Turnover Historical Data

The historical data trend for Personas Social'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.

Personas Social Asset Turnover Chart

Personas Social Annual Data
Trend May13 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.36 0.38 0.67 1.37 2.01

Personas Social Quarterly Data
Aug19 Nov19 Feb20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.38 0.47 0.69 0.66 0.62

Competitive Comparison of Personas Social's Asset Turnover

For the Internet Content & Information subindustry, Personas Social'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.


Personas Social's Asset Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Personas Social's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Personas Social's Asset Turnover falls into.


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Personas Social Asset Turnover Calculation

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

Personas Social'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 )
=4.814/( (3.137+1.653)/ 2 )
=4.814/2.395
=2.01

Personas Social's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0.961/( (1.576+1.533)/ 2 )
=0.961/1.5545
=0.62

* 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.


Personas Social  (TSXV:PRSN) Asset Turnover Explanation

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

Personas Social's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-0.356/-3.1355
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.356 / 3.844)*(3.844 / 1.5545)*(1.5545/ -3.1355)
=Net Margin %*Asset Turnover*Equity Multiplier
=-9.26 %*2.4728*-0.4958
=ROA %*Equity Multiplier
=-22.90 %*-0.4958
=11.35 %

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

Personas Social's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=-0.356/1.5545
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.356 / 3.844)*(3.844 / 1.5545)
=Net Margin %*Asset Turnover
=-9.26 %*2.4728
=-22.90 %

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


Personas Social Asset Turnover Related Terms

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


Personas Social Business Description

Traded in Other Exchanges
Address
155 University Avenue, Suite 302, Toronto, ON, CAN, M5H 3B7
Personas Social Inc is a Canada-based company engaged in the business of offering live video conferencing technology, live streaming, social media products and services for use by consumers and businesses, with a focus on mobile (iOS and Android) products. It focuses on providing social commerce-enabled products which allow for a monetizable user experience to all users, consumers and businesses alike. The company accomplishes this by offering products which are complete with enterprise-grade e-commerce infrastructure including multi-currency, multi-lingual, turnkey mobile commerce suites for users.
Executives
Mark Itwaru Deemed Insider - 6 Months before becoming Insider, Director, Senior Officer

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