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Red Square Games S A (WAR:RSG) Asset Turnover : 0.23 (As of Dec. 2024)


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What is Red Square Games S A Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Red Square Games S A's Revenue for the three months ended in Dec. 2024 was zł0.94 Mil. Red Square Games S A's Total Assets for the quarter that ended in Dec. 2024 was zł4.07 Mil. Therefore, Red Square Games S A's Asset Turnover for the quarter that ended in Dec. 2024 was 0.23.

Asset Turnover is linked to ROE % through Du Pont Formula. Red Square Games S A's annualized ROE % for the quarter that ended in Dec. 2024 was -320.14%. It is also linked to ROA % through Du Pont Formula. Red Square Games S A's annualized ROA % for the quarter that ended in Dec. 2024 was -267.62%.


Red Square Games S A Asset Turnover Historical Data

The historical data trend for Red Square Games S A'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.

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Red Square Games S A Asset Turnover Chart

Red Square Games S A Annual Data
Trend Dec22 Dec23 Dec24
Asset Turnover
- 0.35 0.64

Red Square Games S A Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.13 0.15 0.16 0.23

Competitive Comparison of Red Square Games S A's Asset Turnover

For the Electronic Gaming & Multimedia subindustry, Red Square Games S A'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.


Red Square Games S A's Asset Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Red Square Games S A's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Red Square Games S A's Asset Turnover falls into.


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Red Square Games S A Asset Turnover Calculation

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

Red Square Games S A's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=3.443/( (7.746+2.962)/ 2 )
=3.443/5.354
=0.64

Red Square Games S A's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=0.944/( (5.187+2.962)/ 2 )
=0.944/4.0745
=0.23

* 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.


Red Square Games S A  (WAR:RSG) Asset Turnover Explanation

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

Red Square Games S A's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-10.904/3.406
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-10.904 / 3.776)*(3.776 / 4.0745)*(4.0745/ 3.406)
=Net Margin %*Asset Turnover*Equity Multiplier
=-288.77 %*0.9267*1.1963
=ROA %*Equity Multiplier
=-267.62 %*1.1963
=-320.14 %

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

Red Square Games S A's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-10.904/4.0745
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-10.904 / 3.776)*(3.776 / 4.0745)
=Net Margin %*Asset Turnover
=-288.77 %*0.9267
=-267.62 %

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


Red Square Games S A Asset Turnover Related Terms

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Red Square Games S A Business Description

Traded in Other Exchanges
N/A
Address
Street XX, Pillars 5, Krakow, POL, 31-466
Red Square Games S A operates in two areas related to games: Computer Games which involves the production of its computer games and those commissioned by other entities. Games without electricity the second area of ??activity includes offline games, for which the Issuer acts as a producer and publisher. This area is intended to introduce products such as board games, role playing games and card games to the market in physical and digital form.