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Earthworks Entertainment (Earthworks Entertainment) Asset Turnover : 0.00 (As of Jun. 2006)


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What is Earthworks Entertainment Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Earthworks Entertainment's Revenue for the three months ended in Jun. 2006 was $0.00 Mil. Earthworks Entertainment's Total Assets for the quarter that ended in Jun. 2006 was $1.79 Mil. Therefore, Earthworks Entertainment's Asset Turnover for the quarter that ended in Jun. 2006 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Earthworks Entertainment's annualized ROE % for the quarter that ended in Jun. 2006 was 110.83%. It is also linked to ROA % through Du Pont Formula. Earthworks Entertainment's annualized ROA % for the quarter that ended in Jun. 2006 was -74.82%.


Earthworks Entertainment Asset Turnover Historical Data

The historical data trend for Earthworks Entertainment'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.

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Earthworks Entertainment Asset Turnover Chart

Earthworks Entertainment Annual Data
Trend Sep96 Sep97 Sep98 Sep99 Sep00 Sep01 Sep02 Sep03 Sep04 Sep05
Asset Turnover
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Earthworks Entertainment Quarterly Data
Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06
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Competitive Comparison of Earthworks Entertainment's Asset Turnover

For the Entertainment subindustry, Earthworks Entertainment'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.


Earthworks Entertainment's Asset Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Earthworks Entertainment's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Earthworks Entertainment's Asset Turnover falls into.



Earthworks Entertainment Asset Turnover Calculation

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

Earthworks Entertainment's Asset Turnover for the fiscal year that ended in Sep. 2005 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2005 )/( (Total Assets (A: Sep. 2004 )+Total Assets (A: Sep. 2005 ))/ count )
=0/( (2.164+1.934)/ 2 )
=0/2.049
=0.00

Earthworks Entertainment's Asset Turnover for the quarter that ended in Jun. 2006 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2006 )/( (Total Assets (Q: Mar. 2006 )+Total Assets (Q: Jun. 2006 ))/ count )
=0/( (1.794+1.777)/ 2 )
=0/1.7855
=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.


Earthworks Entertainment  (OTCPK:EWKS) Asset Turnover Explanation

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

Earthworks Entertainment's annulized ROE % for the quarter that ended in Jun. 2006 is

ROE %**(Q: Jun. 2006 )
=Net Income/Total Stockholders Equity
=-1.336/-1.2055
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.336 / 0)*(0 / 1.7855)*(1.7855/ -1.2055)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-1.4811
=ROA %*Equity Multiplier
=-74.82 %*-1.4811
=110.83 %

Note: The Net Income data used here is four times the quarterly (Jun. 2006) net income data. The Revenue data used here is four times the quarterly (Jun. 2006) 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:

Earthworks Entertainment's annulized ROA % for the quarter that ended in Jun. 2006 is

ROA %(Q: Jun. 2006 )
=Net Income/Total Assets
=-1.336/1.7855
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.336 / 0)*(0 / 1.7855)
=Net Margin %*Asset Turnover
= %*0
=-74.82 %

Note: The Net Income data used here is four times the quarterly (Jun. 2006) net income data. The Revenue data used here is four times the quarterly (Jun. 2006) 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.


Earthworks Entertainment Asset Turnover Related Terms

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Earthworks Entertainment (Earthworks Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
14001 North Dallas Parkway, Suite 1200, Dallas, TX, USA, 75420
Website
Earthworks Entertainment Inc is engaged in investments and acquisitions in entertainment segments including, animation, direct response marketing, radio networks and mixed martial arts social networks.

Earthworks Entertainment (Earthworks Entertainment) Headlines

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