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Spark Networks SE (Spark Networks SE) Asset Turnover : 0.28 (As of Jun. 2023)


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What is Spark Networks SE Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Spark Networks SE's Revenue for the three months ended in Jun. 2023 was $41.2 Mil. Spark Networks SE's Total Assets for the quarter that ended in Jun. 2023 was $149.3 Mil. Therefore, Spark Networks SE's Asset Turnover for the quarter that ended in Jun. 2023 was 0.28.

Asset Turnover is linked to ROE % through Du Pont Formula. Spark Networks SE's annualized ROE % for the quarter that ended in Jun. 2023 was 424.62%. It is also linked to ROA % through Du Pont Formula. Spark Networks SE's annualized ROA % for the quarter that ended in Jun. 2023 was -72.15%.


Spark Networks SE Asset Turnover Historical Data

The historical data trend for Spark Networks SE'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.

Spark Networks SE Asset Turnover Chart

Spark Networks SE Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Asset Turnover
Get a 7-Day Free Trial 1.52 0.81 0.73 0.87 1.00

Spark Networks SE Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.23 0.25 0.24 0.25 0.28

Competitive Comparison of Spark Networks SE's Asset Turnover

For the Internet Content & Information subindustry, Spark Networks SE'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.


Spark Networks SE's Asset Turnover Distribution in the Interactive Media Industry

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

* The bar in red indicates where Spark Networks SE's Asset Turnover falls into.



Spark Networks SE Asset Turnover Calculation

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

Spark Networks SE's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=187.763/( (209.801+164.377)/ 2 )
=187.763/187.089
=1.00

Spark Networks SE's Asset Turnover for the quarter that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Jun. 2023 ))/ count )
=41.202/( (163.764+134.786)/ 2 )
=41.202/149.275
=0.28

* 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.


Spark Networks SE  (OTCPK:LOVLQ) Asset Turnover Explanation

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

Spark Networks SE's annulized ROE % for the quarter that ended in Jun. 2023 is

ROE %**(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=-107.704/-25.365
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-107.704 / 164.808)*(164.808 / 149.275)*(149.275/ -25.365)
=Net Margin %*Asset Turnover*Equity Multiplier
=-65.35 %*1.1041*-5.8851
=ROA %*Equity Multiplier
=-72.15 %*-5.8851
=424.62 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (Jun. 2023) 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:

Spark Networks SE's annulized ROA % for the quarter that ended in Jun. 2023 is

ROA %(Q: Jun. 2023 )
=Net Income/Total Assets
=-107.704/149.275
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-107.704 / 164.808)*(164.808 / 149.275)
=Net Margin %*Asset Turnover
=-65.35 %*1.1041
=-72.15 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (Jun. 2023) 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.


Spark Networks SE Asset Turnover Related Terms

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


Spark Networks SE (Spark Networks SE) Business Description

Traded in Other Exchanges
N/A
Address
Kohlfurter Strasse 41/43, Berlin, BB, DEU, 10999
Spark Networks SE operates a global online dating site. Its focus is on catering to professionals and educated singles with serious relationship intentions in North America and other international markets. The group reports two reportable segments Zoosk and Spark and operates a portfolio of premium brands including EliteSingles, Jdate, Christian Mingle, SilverSingles, and JSwipe. The companies geographical presence is in United States, Germany and Rest of world, majority of its revenue comes from U.S.
Executives
Osmium Partners, Llc 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Laura Allison Marcero director 214 PROVENCAL ROAD, GROSSE POINTE FARMS MI 48236
Pamela B Corrie director 100 PIER 1 PLACE, FORT WORTH TX 76102
Kristie Goodgion officer: Executive Director and CFO C/O SPARK NETWORKS SE KOHLFURTER STRASSE, BERLIN 2M 10999
Michael J Mcconnell director P.O. BOX 6280, NEWPORT BEACH CA 92658
Ulrike Handel director C/O SPARK NETWORKS SE, KOHLFURTER STRASSE 41/43, BERLIN X9 10999
Frederic Beckley officer: General Counsel and CAO 280 UNION SQUARE DRIVE, NEW HOPE PA 18938
Brown Colleen B director C/O TRUEBLUE, INC., 1015 A STREET, TACOMA WA 98402
Joseph E Whitters director
David D Clark officer: Chief Financial Officer FORT WASHINGTON EXECUTIVE CENTER, 600 OFFICE CENTER DRIVE, FORT WASHINGTON PA 19034
Bradley Goldberg director 141 W JACKSON BLVD, SUITE 500, CHICAGO X1 60604
Eric Eichmann officer: Chief Executive Officer C/O CRITEO LEGAL DEPT., 387 PARK AVENUE SOUTH, 11TH FLOOR, NEW YORK NY 10016
Bangaly Gaba director C/O SPARK NETWORKS SE, KOHLFURTER STRASSE 41/43, BERLIN 2M 10999
Canaan Viii Lp 10 percent owner 2765 SAND HILL RD, MENLO PARK CA 94025
John Hartnett Lewis 10 percent owner 388 MARKET STREET, SUITE 920, SAN FRANCISCO CA 94111