GURUFOCUS.COM » STOCK LIST » Technology » Software » Tonner-One World Holdings Inc (OTCPK:TONR) » Definitions » Asset Turnover

Tonner-One World Holdings (Tonner-One World Holdings) Asset Turnover : 0.03 (As of Jun. 2016)


View and export this data going back to 1994. Start your Free Trial

What is Tonner-One World Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Tonner-One World Holdings's Revenue for the three months ended in Jun. 2016 was $0.00 Mil. Tonner-One World Holdings's Total Assets for the quarter that ended in Jun. 2016 was $0.10 Mil. Therefore, Tonner-One World Holdings's Asset Turnover for the quarter that ended in Jun. 2016 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Tonner-One World Holdings's annualized ROE % for the quarter that ended in Jun. 2016 was -53.84%. It is also linked to ROA % through Du Pont Formula. Tonner-One World Holdings's annualized ROA % for the quarter that ended in Jun. 2016 was 7,487.18%.


Tonner-One World Holdings Asset Turnover Historical Data

The historical data trend for Tonner-One World Holdings'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.

Tonner-One World Holdings Asset Turnover Chart

Tonner-One World Holdings Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec11 Dec12 Dec13 Dec14 Dec15
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.03 0.21 3.25

Tonner-One World Holdings Quarterly Data
Jun04 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 - 0.96 0.02 0.44 0.03

Competitive Comparison of Tonner-One World Holdings's Asset Turnover

For the Software - Application subindustry, Tonner-One World Holdings'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.


Tonner-One World Holdings's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Tonner-One World Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Tonner-One World Holdings's Asset Turnover falls into.



Tonner-One World Holdings Asset Turnover Calculation

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

Tonner-One World Holdings's Asset Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2015 )/( (Total Assets (A: Dec. 2014 )+Total Assets (A: Dec. 2015 ))/ count )
=0.898/( (0.429+0.124)/ 2 )
=0.898/0.2765
=3.25

Tonner-One World Holdings's Asset Turnover for the quarter that ended in Jun. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2016 )/( (Total Assets (Q: Mar. 2016 )+Total Assets (Q: Jun. 2016 ))/ count )
=0.003/( (0.137+0.058)/ 2 )
=0.003/0.0975
=0.03

* 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.


Tonner-One World Holdings  (OTCPK:TONR) Asset Turnover Explanation

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

Tonner-One World Holdings's annulized ROE % for the quarter that ended in Jun. 2016 is

ROE %**(Q: Jun. 2016 )
=Net Income/Total Stockholders Equity
=7.3/-13.5585
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(7.3 / 0.012)*(0.012 / 0.0975)*(0.0975/ -13.5585)
=Net Margin %*Asset Turnover*Equity Multiplier
=60833.33 %*0.1231*-0.0072
=ROA %*Equity Multiplier
=7,487.18 %*-0.0072
=-53.84 %

Note: The Net Income data used here is four times the quarterly (Jun. 2016) net income data. The Revenue data used here is four times the quarterly (Jun. 2016) 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:

Tonner-One World Holdings's annulized ROA % for the quarter that ended in Jun. 2016 is

ROA %(Q: Jun. 2016 )
=Net Income/Total Assets
=7.3/0.0975
=(Net Income / Revenue)*(Revenue / Total Assets)
=(7.3 / 0.012)*(0.012 / 0.0975)
=Net Margin %*Asset Turnover
=60833.33 %*0.1231
=7,487.18 %

Note: The Net Income data used here is four times the quarterly (Jun. 2016) net income data. The Revenue data used here is four times the quarterly (Jun. 2016) 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.


Tonner-One World Holdings Asset Turnover Related Terms

Thank you for viewing the detailed overview of Tonner-One World Holdings's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Tonner-One World Holdings (Tonner-One World Holdings) Business Description

Traded in Other Exchanges
N/A
Address
6725 South Fry Road, Suite 321, Katy, TX, USA, 77494
Tonner-One World Holdings Inc is an emerging-growth company operating under business expansion called the Digital Commerce Collective. The DCC is a comprehensive product and service development model focused on four key areas of growth, namely, Crypto and Forex technology, interactive commerce, proprietary trading firm initiatives, and IP licensing for entertainment and Metaverse applications.
Executives
Edward L Cahill other: See General Remarks and FN 3 C/O HLM VENTURE PARTNERS, 800 SOUTH STREET, SUITE 200, WALTHAM MA 02453
David L Warnock director 500 EAST PRATT STREET, SUITE 1200, BALTIMORE MD 21202
Donald W Hughes other: See General Remarks and FN3 500 EAST PRATT STREET, SUITE 1200, BALTIMORE MD 21202