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Ecologix Resource Group (Ecologix Resource Group) Asset Turnover : 0.00 (As of Sep. 2010)


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What is Ecologix Resource Group Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Ecologix Resource Group's Revenue for the three months ended in Sep. 2010 was $0.00 Mil. Ecologix Resource Group's Total Assets for the quarter that ended in Sep. 2010 was $2.24 Mil. Therefore, Ecologix Resource Group's Asset Turnover for the quarter that ended in Sep. 2010 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Ecologix Resource Group's annualized ROE % for the quarter that ended in Sep. 2010 was -15.50%. It is also linked to ROA % through Du Pont Formula. Ecologix Resource Group's annualized ROA % for the quarter that ended in Sep. 2010 was 64.39%.


Ecologix Resource Group Asset Turnover Historical Data

The historical data trend for Ecologix Resource Group'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.

Ecologix Resource Group Asset Turnover Chart

Ecologix Resource Group Annual Data
Trend Dec07 Dec08 Dec09
Asset Turnover
- - 0.12

Ecologix Resource Group Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.11 0.09 0.01 -

Competitive Comparison of Ecologix Resource Group's Asset Turnover

For the Lumber & Wood Production subindustry, Ecologix Resource Group'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.


Ecologix Resource Group's Asset Turnover Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Ecologix Resource Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Ecologix Resource Group's Asset Turnover falls into.



Ecologix Resource Group Asset Turnover Calculation

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

Ecologix Resource Group'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 )
=0.128/( (0.016+2.18)/ 2 )
=0.128/1.098
=0.12

Ecologix Resource Group's Asset Turnover for the quarter that ended in Sep. 2010 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2010 )/( (Total Assets (Q: Jun. 2010 )+Total Assets (Q: Sep. 2010 ))/ count )
=0/( (2.246+2.227)/ 2 )
=0/2.2365
=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.


Ecologix Resource Group  (OTCPK:EXRG) Asset Turnover Explanation

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

Ecologix Resource Group's annulized ROE % for the quarter that ended in Sep. 2010 is

ROE %**(Q: Sep. 2010 )
=Net Income/Total Stockholders Equity
=1.44/-9.293
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.44 / 0)*(0 / 2.2365)*(2.2365/ -9.293)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.2407
=ROA %*Equity Multiplier
=64.39 %*-0.2407
=-15.50 %

Note: The Net Income data used here is four times the quarterly (Sep. 2010) net income data. The Revenue data used here is four times the quarterly (Sep. 2010) 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:

Ecologix Resource Group's annulized ROA % for the quarter that ended in Sep. 2010 is

ROA %(Q: Sep. 2010 )
=Net Income/Total Assets
=1.44/2.2365
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.44 / 0)*(0 / 2.2365)
=Net Margin %*Asset Turnover
= %*0
=64.39 %

Note: The Net Income data used here is four times the quarterly (Sep. 2010) net income data. The Revenue data used here is four times the quarterly (Sep. 2010) 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.


Ecologix Resource Group Asset Turnover Related Terms

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Ecologix Resource Group (Ecologix Resource Group) Business Description

Traded in Other Exchanges
N/A
Address
9903 Santa Monica Boulevard, Suite 918, Beverly Hills, CA, USA, 90212
Website
Ecologix Resource Group Inc is a natural resource company engaged in the harvesting, and marketing of quality timber while pursuing the production of alternative energy solutions.

Ecologix Resource Group (Ecologix Resource Group) Headlines

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