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Interlink Electronics (Interlink Electronics) Asset Turnover : 0.21 (As of Mar. 2024)


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What is Interlink Electronics Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Interlink Electronics's Revenue for the three months ended in Mar. 2024 was $3.12 Mil. Interlink Electronics's Total Assets for the quarter that ended in Mar. 2024 was $14.78 Mil. Therefore, Interlink Electronics's Asset Turnover for the quarter that ended in Mar. 2024 was 0.21.

Asset Turnover is linked to ROE % through Du Pont Formula. Interlink Electronics's annualized ROE % for the quarter that ended in Mar. 2024 was -23.61%. It is also linked to ROA % through Du Pont Formula. Interlink Electronics's annualized ROA % for the quarter that ended in Mar. 2024 was -20.05%.


Interlink Electronics Asset Turnover Historical Data

The historical data trend for Interlink Electronics'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.

Interlink Electronics Asset Turnover Chart

Interlink Electronics Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.71 0.63 0.52 0.93

Interlink Electronics Quarterly Data
Sep18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.20 0.24 0.20 0.23 0.21

Competitive Comparison of Interlink Electronics's Asset Turnover

For the Electronic Components subindustry, Interlink Electronics'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.


Interlink Electronics's Asset Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Interlink Electronics's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Interlink Electronics's Asset Turnover falls into.



Interlink Electronics Asset Turnover Calculation

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

Interlink Electronics'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 )
=13.94/( (14.983+15.062)/ 2 )
=13.94/15.0225
=0.93

Interlink Electronics's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=3.124/( (15.062+14.498)/ 2 )
=3.124/14.78
=0.21

* 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.


Interlink Electronics  (NAS:LINK) Asset Turnover Explanation

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

Interlink Electronics's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-2.964/12.554
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.964 / 12.496)*(12.496 / 14.78)*(14.78/ 12.554)
=Net Margin %*Asset Turnover*Equity Multiplier
=-23.72 %*0.8455*1.1773
=ROA %*Equity Multiplier
=-20.05 %*1.1773
=-23.61 %

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

Interlink Electronics's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-2.964/14.78
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.964 / 12.496)*(12.496 / 14.78)
=Net Margin %*Asset Turnover
=-23.72 %*0.8455
=-20.05 %

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


Interlink Electronics Asset Turnover Related Terms

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


Interlink Electronics (Interlink Electronics) Business Description

Traded in Other Exchanges
N/A
Address
1 Jenner, Suite 200, Irvine, CA, USA, 92618
Interlink Electronics Inc designs, develops, manufactures, and sells its proprietary materials technology, firmware, and software into a portfolio of standard sensor-based products and custom sensor system solutions. These include sensor components, subassemblies, modules, and products that support effective, efficient cursor control and novel three-dimensional user inputs. Its Human Machine Interface technology platforms are deployed in a wide range of markets, including consumer electronics, automotive, industrial, and medical. The geographical segments of the company are the United States, Asia & Middle East, and Europe & others.
Executives
Maria N. Fregosi director C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Joy C. Hou director C/O QUALSTAR CORPORATION, 1267 FLYNN ROAD, CAMARILLO CA 93012
Sb4 Investments Llc 10 percent owner 10100 SANTA MONICA BLVD, SUITE 1400, LOS ANGELES CA 90067
Peter Roussak officer: VP, General Counsel 1 JENNER, SUITE 200, C/O INTERLINK ELECTRONICS, INC., IRVINE CA 92618
David John Wolenski director 5328 W. BURGUNDY PL., LITTLETON CO 80123
Zhiyun Gene Chen officer: VP Engineering & Advanced MATL 1 JENNER, SUITE 200, IRVINE CA 92618
Ryan Hoffman officer: Chief Financial Officer C/O INTERLINK ELECTRONICS, INC., 1 JENNER, SUITE 200, IRVINE CA 92618
Steven N Bronson director, 10 percent owner, officer: COB, CEO and President
Frank H Levinson director 3736 FALLON ROAD #428, DUBLIN CA 94568
Mark Albert Bailey director C/O INTERLINK ELECTRONICS, INC., 31248 OAK CREST DRIVE, WESTLAKE VILLAGE CA 91361
Leonard Hagan 10 percent owner 650 THOMAS AVENUE, BALDWIN NY 11510
Angela Blatteis director 7 BEVERLY PARK, BEVERLY HILLS CA 90210
David S. Burnett officer: Chief Financial Officer C/O INTERLINK ELECTRONICS, INC., 31248 OAK CREST DRIVE, SUITE 110, WESTLAKE VILLAGE CA 91361
Bkf Asset Holdings, Inc. 10 percent owner 3990-B HERITAGE OAK COURT, SIMI VALLEY CA 93063
Bkf Capital Group Inc 10 percent owner 1 JENNER, SUITE 200, IRVINE CA 92618

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