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Code Rebel (Code Rebel) Asset Turnover : 0.02 (As of Dec. 2015)


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What is Code Rebel Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Code Rebel's Revenue for the three months ended in Dec. 2015 was $0.20 Mil. Code Rebel's Total Assets for the quarter that ended in Dec. 2015 was $12.32 Mil. Therefore, Code Rebel's Asset Turnover for the quarter that ended in Dec. 2015 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Code Rebel's annualized ROE % for the quarter that ended in Dec. 2015 was -89.99%. It is also linked to ROA % through Du Pont Formula. Code Rebel's annualized ROA % for the quarter that ended in Dec. 2015 was -86.41%.


Code Rebel Asset Turnover Historical Data

The historical data trend for Code Rebel'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.

Code Rebel Asset Turnover Chart

Code Rebel Annual Data
Trend Dec13 Dec14 Dec15
Asset Turnover
0.31 0.39 0.08

Code Rebel Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
Asset Turnover Get a 7-Day Free Trial Premium Member Only 0.07 0.07 0.02 0.03 0.02

Competitive Comparison of Code Rebel's Asset Turnover

For the Software - Application subindustry, Code Rebel'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.


Code Rebel's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Code Rebel's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Code Rebel's Asset Turnover falls into.



Code Rebel Asset Turnover Calculation

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

Code Rebel's Asset Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2015 )/( (Total Assets (A: Dec. 2014 )+Total Assets (A: Dec. 2015 ))/ count )
=0.526/( (0.661+12.069)/ 2 )
=0.526/6.365
=0.08

Code Rebel's Asset Turnover for the quarter that ended in Dec. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2015 )/( (Total Assets (Q: Sep. 2015 )+Total Assets (Q: Dec. 2015 ))/ count )
=0.195/( (12.576+12.069)/ 2 )
=0.195/12.3225
=0.02

* 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.


Code Rebel  (OTCPK:CDRBQ) Asset Turnover Explanation

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

Code Rebel's annulized ROE % for the quarter that ended in Dec. 2015 is

ROE %**(Q: Dec. 2015 )
=Net Income/Total Stockholders Equity
=-10.648/11.833
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-10.648 / 0.78)*(0.78 / 12.3225)*(12.3225/ 11.833)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1365.13 %*0.0633*1.0414
=ROA %*Equity Multiplier
=-86.41 %*1.0414
=-89.99 %

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

Code Rebel's annulized ROA % for the quarter that ended in Dec. 2015 is

ROA %(Q: Dec. 2015 )
=Net Income/Total Assets
=-10.648/12.3225
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-10.648 / 0.78)*(0.78 / 12.3225)
=Net Margin %*Asset Turnover
=-1365.13 %*0.0633
=-86.41 %

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


Code Rebel Asset Turnover Related Terms

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Code Rebel (Code Rebel) Business Description

Traded in Other Exchanges
N/A
Address
77 Ho’okele Street, Suite 102, Kahului, HI, USA, 96732
Code Rebel Corp is a software and information technology (IT) services company. It is engaged in the development, marketing, and license of terminal services solutions. The business activity of the group is functioned through software and IT service segments. The software segment provides end-user applications through its product line. The IT Services segment provides management and consulting services. Its product, interactive remote application terminal services (iRAPP), allow users of computers to simultaneously access programs on their PCs and Macs through a single device using a single monitor, mouse, and keyboard. The activities are basically carried out through the region of United States.

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