GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CoSine Communications Inc (OTCPK:COSN) » Definitions » Asset Turnover

CoSine Communications (CoSine Communications) Asset Turnover : 0.00 (As of Dec. 2009)


View and export this data going back to . Start your Free Trial

What is CoSine Communications Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. CoSine Communications's Revenue for the six months ended in Dec. 2009 was $0.00 Mil. CoSine Communications's Total Assets for the quarter that ended in Dec. 2009 was $22.94 Mil. Therefore, CoSine Communications's Asset Turnover for the quarter that ended in Dec. 2009 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. CoSine Communications's annualized ROE % for the quarter that ended in Dec. 2009 was -5.26%. It is also linked to ROA % through Du Pont Formula. CoSine Communications's annualized ROA % for the quarter that ended in Dec. 2009 was -5.20%.


CoSine Communications Asset Turnover Historical Data

The historical data trend for CoSine Communications'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.

CoSine Communications Asset Turnover Chart

CoSine Communications Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.06 - - -

CoSine Communications Semi-Annual Data
Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.06 - - -

Competitive Comparison of CoSine Communications's Asset Turnover

For the Specialty Business Services subindustry, CoSine Communications'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.


CoSine Communications's Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CoSine Communications's Asset Turnover distribution charts can be found below:

* The bar in red indicates where CoSine Communications's Asset Turnover falls into.



CoSine Communications Asset Turnover Calculation

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

CoSine Communications's Asset Turnover for the fiscal year that ended in Dec. 2009 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2009 )/( (Total Assets (A: Dec. 2008 )+Total Assets (A: Dec. 2009 ))/ count )
=0/( (23.282+22.597)/ 2 )
=0/22.9395
=0.00

CoSine Communications's Asset Turnover for the quarter that ended in Dec. 2009 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2009 )/( (Total Assets (Q: Dec. 2008 )+Total Assets (Q: Dec. 2009 ))/ count )
=0/( (23.282+22.597)/ 2 )
=0/22.9395
=0.00

* 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.


CoSine Communications  (OTCPK:COSN) Asset Turnover Explanation

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

CoSine Communications's annulized ROE % for the quarter that ended in Dec. 2009 is

ROE %**(Q: Dec. 2009 )
=Net Income/Total Stockholders Equity
=-1.194/22.6935
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.194 / 0)*(0 / 22.9395)*(22.9395/ 22.6935)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0108
=ROA %*Equity Multiplier
=-5.20 %*1.0108
=-5.26 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2009) net income data. The Revenue data used here is two times the semi-annual (Dec. 2009) 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:

CoSine Communications's annulized ROA % for the quarter that ended in Dec. 2009 is

ROA %(Q: Dec. 2009 )
=Net Income/Total Assets
=-1.194/22.9395
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.194 / 0)*(0 / 22.9395)
=Net Margin %*Asset Turnover
= %*0
=-5.20 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2009) net income data. The Revenue data used here is two times the semi-annual (Dec. 2009) 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.


CoSine Communications Asset Turnover Related Terms

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


CoSine Communications (CoSine Communications) Business Description

Traded in Other Exchanges
N/A
Address
Cosine Communications develops and markets switches and software used telecom service providers to manage their data communication networks. Carriers use CoSine's switches to incorporate virtual private networks, firewalls, virtual routing, secure broadband connections, and similar services into their service offerings. CoSine's software helps to manage the functions of the equipment.
Executives
Jack L Howard director 182 FARMERS LANE, STE 101, SANTA ROSA CA 95405
Charles J Abbe director 2445 WESTSIDE ROAD HEALDSBURG CA 95448
Steel Partners Holdings L.p. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Warren G Lichtenstein 10 percent owner C/O STEEL PARTNERS II L P, 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Llc 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Ii Lp 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Llc 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Handy & Harman Ltd. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Whx Cs Corp. 10 percent owner 555 THEODORE FREMD AVENUE, NEW YORK NY 10580
Emh Howard Llc other: See Explanation of Responses 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Ii Master Fund L.p. 10 percent owner C/O MORGAN STANLEY FND SVCS LTD (CAYMAN), CRICKET SQ 2ND FL HUTCHINS DR PO BX 2681, GRAND CAYMAN E9 KY1-1111
George Weaver Haywood other: 10% Owner prior to 10/26/05 CARE OF CRONIN AND VRIS, LLP, 380 MADISON AVENUE, NEW YORK NY 10017
R David Spreng director 3800 FIRST BANK PL, P O BOX 357, MINNEAPOLIS MN 55402

CoSine Communications (CoSine Communications) Headlines

From GuruFocus

CoSine Communications Inc (COSN) Q3 10Q update

By guruek Greenbackd 11-09-2009

Hey kid, here's a hundred bucks. CoSine Communications (COSN)

By FrogsKiss Frogs Kiss 01-11-2011