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GreenGro Technologies (GreenGro Technologies) Asset Turnover : 0.00 (As of Mar. 2004)


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What is GreenGro Technologies Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. GreenGro Technologies's Revenue for the three months ended in Mar. 2004 was $0.00 Mil. GreenGro Technologies's Total Assets for the quarter that ended in Mar. 2004 was $0.00 Mil. Therefore, GreenGro Technologies's Asset Turnover for the quarter that ended in Mar. 2004 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. GreenGro Technologies's annualized ROE % for the quarter that ended in Mar. 2004 was 12.51%. It is also linked to ROA % through Du Pont Formula. GreenGro Technologies's annualized ROA % for the quarter that ended in Mar. 2004 was -6,800.00%.


GreenGro Technologies Asset Turnover Historical Data

The historical data trend for GreenGro Technologies'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.

GreenGro Technologies Asset Turnover Chart

GreenGro Technologies Annual Data
Trend Dec96 Dec97 Dec98 Jun99 Jun00 Jun01 Jun02
Asset Turnover
Get a 7-Day Free Trial - 0.03 0.01 0.03 0.53

GreenGro Technologies Quarterly Data
Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04
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 - - - - -

Competitive Comparison of GreenGro Technologies's Asset Turnover

For the Farm & Heavy Construction Machinery subindustry, GreenGro Technologies'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.


GreenGro Technologies's Asset Turnover Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, GreenGro Technologies's Asset Turnover distribution charts can be found below:

* The bar in red indicates where GreenGro Technologies's Asset Turnover falls into.



GreenGro Technologies Asset Turnover Calculation

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

GreenGro Technologies's Asset Turnover for the fiscal year that ended in Jun. 2002 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2002 )/( (Total Assets (A: Jun. 2001 )+Total Assets (A: Jun. 2002 ))/ count )
=6.88/( (21.989+4.085)/ 2 )
=6.88/13.037
=0.53

GreenGro Technologies's Asset Turnover for the quarter that ended in Mar. 2004 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2004 )/( (Total Assets (Q: Dec. 2003 )+Total Assets (Q: Mar. 2004 ))/ count )
=0/( (0.002+0)/ 1 )
=0/0.002
=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.


GreenGro Technologies  (OTCPK:GRNH) Asset Turnover Explanation

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

GreenGro Technologies's annulized ROE % for the quarter that ended in Mar. 2004 is

ROE %**(Q: Mar. 2004 )
=Net Income/Total Stockholders Equity
=-0.136/-1.087
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.136 / 0)*(0 / 0.002)*(0.002/ -1.087)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.0018
=ROA %*Equity Multiplier
=-6,800.00 %*-0.0018
=12.51 %

Note: The Net Income data used here is four times the quarterly (Mar. 2004) net income data. The Revenue data used here is four times the quarterly (Mar. 2004) 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:

GreenGro Technologies's annulized ROA % for the quarter that ended in Mar. 2004 is

ROA %(Q: Mar. 2004 )
=Net Income/Total Assets
=-0.136/0.002
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.136 / 0)*(0 / 0.002)
=Net Margin %*Asset Turnover
= %*0
=-6,800.00 %

Note: The Net Income data used here is four times the quarterly (Mar. 2004) net income data. The Revenue data used here is four times the quarterly (Mar. 2004) 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.


GreenGro Technologies Asset Turnover Related Terms

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GreenGro Technologies (GreenGro Technologies) Business Description

Traded in Other Exchanges
N/A
Address
68374 Keiley Road, Cathedral City, CA, USA, 92234
GreenGro Technologies Inc specializes in indoor and outdoor agricultural science systems for the consumer and commercial farming markets. It manufactures and sells eco-friendly vertical cultivation systems and facilities design. In addition, it also provides design, construction, and GreenGro Technologies, Inc. provides manufacturing and sales of green, eco-friendly, sustainable vertical cultivation systems, and facilities design. Its products and services are targeted at consumers and industrial farming operations. Its products and services are designed to provide all of these customers solutions to achieve maximum efficiency, whether that be a balcony garden or industrial cultivator.