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Cybercom Group AB (OSTO:CYBE) Asset Turnover : 0.22 (As of Sep. 2015)


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What is Cybercom Group AB Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Cybercom Group AB's Revenue for the three months ended in Sep. 2015 was kr271 Mil. Cybercom Group AB's Total Assets for the quarter that ended in Sep. 2015 was kr1,230 Mil. Therefore, Cybercom Group AB's Asset Turnover for the quarter that ended in Sep. 2015 was 0.22.

Asset Turnover is linked to ROE % through Du Pont Formula. Cybercom Group AB's annualized ROE % for the quarter that ended in Sep. 2015 was -5.77%. It is also linked to ROA % through Du Pont Formula. Cybercom Group AB's annualized ROA % for the quarter that ended in Sep. 2015 was -4.29%.


Cybercom Group AB Asset Turnover Historical Data

The historical data trend for Cybercom Group AB'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.

Cybercom Group AB Asset Turnover Chart

Cybercom Group AB Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 1.03 0.99 0.91 1.00

Cybercom Group AB Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.27 0.26 0.26 0.22

Competitive Comparison of Cybercom Group AB's Asset Turnover

For the Information Technology Services subindustry, Cybercom Group AB'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.


Cybercom Group AB's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Cybercom Group AB's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Cybercom Group AB's Asset Turnover falls into.



Cybercom Group AB Asset Turnover Calculation

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

Cybercom Group AB's Asset Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2014 )/( (Total Assets (A: Dec. 2013 )+Total Assets (A: Dec. 2014 ))/ count )
=1248.365/( (1228.662+1265.895)/ 2 )
=1248.365/1247.2785
=1.00

Cybercom Group AB's Asset Turnover for the quarter that ended in Sep. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2015 )/( (Total Assets (Q: Jun. 2015 )+Total Assets (Q: Sep. 2015 ))/ count )
=270.6/( (1257.3+1202.2)/ 2 )
=270.6/1229.75
=0.22

* 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.


Cybercom Group AB  (OSTO:CYBE) Asset Turnover Explanation

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

Cybercom Group AB's annulized ROE % for the quarter that ended in Sep. 2015 is

ROE %**(Q: Sep. 2015 )
=Net Income/Total Stockholders Equity
=-52.8/914.35
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-52.8 / 1082.4)*(1082.4 / 1229.75)*(1229.75/ 914.35)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.88 %*0.8802*1.3449
=ROA %*Equity Multiplier
=-4.29 %*1.3449
=-5.77 %

Note: The Net Income data used here is four times the quarterly (Sep. 2015) net income data. The Revenue data used here is four times the quarterly (Sep. 2015) 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:

Cybercom Group AB's annulized ROA % for the quarter that ended in Sep. 2015 is

ROA %(Q: Sep. 2015 )
=Net Income/Total Assets
=-52.8/1229.75
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-52.8 / 1082.4)*(1082.4 / 1229.75)
=Net Margin %*Asset Turnover
=-4.88 %*0.8802
=-4.29 %

Note: The Net Income data used here is four times the quarterly (Sep. 2015) net income data. The Revenue data used here is four times the quarterly (Sep. 2015) 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.


Cybercom Group AB Asset Turnover Related Terms

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Cybercom Group AB (OSTO:CYBE) Business Description

Traded in Other Exchanges
N/A
Address
Cybercom Group AB is an information technology security consultancy firm. The company manages portals and provides electronic services to its customers. It offers a range of services available via mobile phone. The company also provides security, embedded systems, and telecom management. The company's portal services extend to web sites, extranets, intranets, communities, and mobile solutions. It analyzes a company's purpose, competition, target groups, services, and technical requirements before redesigning its portal. The company provides software solutions for media and electronic business. It maintains customer's portals and networks. Its mobile offerings are solutions for application, portal, payment, device management, internet advisory, use experience, and software office. For applications, it provides framework that provides development of mobile clients and support systems. The mobile portal solution creates a mobile equivalent of a customer's web site. The payment solutions include several payment services and methods. The device management offering facilitates distribution of content and firmware over the internet and over the air. The internet advisory services include consultation and support implementation of mobile strategies. It also provides extensive security offerings for a company intranet, portal, and networks. These products include identity and access management, IT forensics, and security verification. The company also handles physical hardware and computers.