NoFire Technologies (NoFire Technologies) Asset Turnover : 1.12 (As of May. 2010)

NoFire Technologies Asset Turnover Chart

NoFire Technologies Annual Data
	Trend	Aug00	Aug01	Aug02	Aug03	Aug04	Aug05	Aug06	Aug07	Aug08	Aug09
Asset Turnover		Get a 7-Day Free Trial					3.41	2.76	2.91	1.59	2.52

NoFire Technologies Quarterly Data
	Aug05	Nov05	Feb06	May06	Aug06	Nov06	Feb07	May07	Aug07	Nov07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10
Asset Turnover	Get a 7-Day Free Trial															0.78	0.66	0.35	1.52	1.12

Competitive Comparison of NoFire Technologies's Asset Turnover

For the Specialty Chemicals subindustry, NoFire 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.

NoFire Technologies's Asset Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, NoFire Technologies's Asset Turnover distribution charts can be found below:

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

NoFire Technologies Asset Turnover Calculation

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

NoFire Technologies's Asset Turnover for the fiscal year that ended in Aug. 2009 is calculated as

NoFire Technologies's Asset Turnover for the quarter that ended in May. 2010 is calculated as

* 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.

NoFire Technologies  (OTCPK:NFTI) Asset Turnover Explanation

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

NoFire Technologies's annulized ROE % for the quarter that ended in May. 2010 is

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

NoFire Technologies's annulized ROA % for the quarter that ended in May. 2010 is

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

NoFire Technologies Asset Turnover Related Terms

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NoFire Technologies (NoFire Technologies) Business Description