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International Endeavors (International Endeavors) Asset Turnover : -0.02 (As of Sep. 2023)


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What is International Endeavors Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. International Endeavors's Revenue for the three months ended in Sep. 2023 was $-0.03 Mil. International Endeavors's Total Assets for the quarter that ended in Sep. 2023 was $1.31 Mil. Therefore, International Endeavors's Asset Turnover for the quarter that ended in Sep. 2023 was -0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. International Endeavors's annualized ROE % for the quarter that ended in Sep. 2023 was -45.47%. It is also linked to ROA % through Du Pont Formula. International Endeavors's annualized ROA % for the quarter that ended in Sep. 2023 was -8.23%.


International Endeavors Asset Turnover Historical Data

The historical data trend for International Endeavors'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.

International Endeavors Asset Turnover Chart

International Endeavors Annual Data
Trend Dec14 Dec15 Dec16
Asset Turnover
- 0.52 0.16

International Endeavors Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Jun22 Sep22 Jun23 Sep23
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 0.06 - - - -0.02

Competitive Comparison of International Endeavors's Asset Turnover

For the Conglomerates subindustry, International Endeavors'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.


International Endeavors's Asset Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, International Endeavors's Asset Turnover distribution charts can be found below:

* The bar in red indicates where International Endeavors's Asset Turnover falls into.



International Endeavors Asset Turnover Calculation

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

International Endeavors's Asset Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=0.061/( (0.159+0.587)/ 2 )
=0.061/0.373
=0.16

International Endeavors's Asset Turnover for the quarter that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=-0.027/( (1.491+1.135)/ 2 )
=-0.027/1.313
=-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.


International Endeavors  (OTCPK:IDVV) Asset Turnover Explanation

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

International Endeavors's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-0.108/0.2375
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.108 / -0.108)*(-0.108 / 1.313)*(1.313/ 0.2375)
=Net Margin %*Asset Turnover*Equity Multiplier
=100 %*-0.0823*5.5284
=ROA %*Equity Multiplier
=-8.23 %*5.5284
=-45.47 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) 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:

International Endeavors's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=-0.108/1.313
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.108 / -0.108)*(-0.108 / 1.313)
=Net Margin %*Asset Turnover
=100 %*-0.0823
=-8.23 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) 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.


International Endeavors Asset Turnover Related Terms

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International Endeavors (International Endeavors) Business Description

Traded in Other Exchanges
N/A
Address
23446 Highway 79, Warner Springs, CA, USA, 92086
International Endeavors Corp is a publicly-traded holding company engaged in locating, acquiring, and partnering with established companies, brands, and technologies in Solar, Crypto, and Artificial Intelligence (AI). It acquired Universal Voltage, a clean energy company that offers a suite of commercial and residential solar, power backup, and EV2G/Bi-directional charging products. Its products include SOLAR, EV TO GRID, CRYPTO, BATTERY BACKUP, and OFF GRID CONTAINER.

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