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Logis Mon (XKRX:223220) Asset Turnover : 4.64 (As of Dec. 2024)


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What is Logis Mon Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Logis Mon's Revenue for the six months ended in Dec. 2024 was ₩10,164 Mil. Logis Mon's Total Assets for the quarter that ended in Dec. 2024 was ₩2,191 Mil. Therefore, Logis Mon's Asset Turnover for the quarter that ended in Dec. 2024 was 4.64.

Asset Turnover is linked to ROE % through Du Pont Formula. Logis Mon's annualized ROE % for the quarter that ended in Dec. 2024 was 225.46%. It is also linked to ROA % through Du Pont Formula. Logis Mon's annualized ROA % for the quarter that ended in Dec. 2024 was -25.68%.


Logis Mon Asset Turnover Historical Data

The historical data trend for Logis Mon'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.

Logis Mon Asset Turnover Chart

Logis Mon Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.07 2.27 3.50 4.64

Logis Mon Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.13 0.07 2.27 3.50 4.64

Competitive Comparison of Logis Mon's Asset Turnover

For the Electronic Gaming & Multimedia subindustry, Logis Mon'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.


Logis Mon's Asset Turnover Distribution in the Interactive Media Industry

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

* The bar in red indicates where Logis Mon's Asset Turnover falls into.


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Logis Mon Asset Turnover Calculation

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

Logis Mon'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 )
=10163.956/( (2447.766+1934.057)/ 2 )
=10163.956/2190.9115
=4.64

Logis Mon'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: Dec. 2023 )+Total Assets (Q: Dec. 2024 ))/ count )
=10163.956/( (2447.766+1934.057)/ 2 )
=10163.956/2190.9115
=4.64

* 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.


Logis Mon  (XKRX:223220) Asset Turnover Explanation

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

Logis Mon's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-562.72/-249.591
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-562.72 / 20327.912)*(20327.912 / 2190.9115)*(2190.9115/ -249.591)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.77 %*9.2783*-8.778
=ROA %*Equity Multiplier
=-25.68 %*-8.778
=225.46 %

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

Logis Mon's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-562.72/2190.9115
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-562.72 / 20327.912)*(20327.912 / 2190.9115)
=Net Margin %*Asset Turnover
=-2.77 %*9.2783
=-25.68 %

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


Logis Mon Asset Turnover Related Terms

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Logis Mon Business Description

Traded in Other Exchanges
N/A
Address
8, Seongnamdaero 331gil, 6th Floor, Bundang-gu, Gyeonggi-do, Seongnam, KOR
Logis Mon Inc, formerly IP Monster Inc is a Korea based company engaged in the business of mobile developer ecosystem, ranging from game development engine, game development and publishing company specializing in mobile content as a range of activities. Mobile developer ecosystem comprises activities such as game development engine, game development and publishing.

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