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All American Gold (All American Gold) Asset Turnover : 0.00 (As of May. 2013)


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What is All American Gold Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. All American Gold's Revenue for the three months ended in May. 2013 was $0.00 Mil. All American Gold's Total Assets for the quarter that ended in May. 2013 was $0.00 Mil. Therefore, All American Gold's Asset Turnover for the quarter that ended in May. 2013 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. All American Gold's annualized ROE % for the quarter that ended in May. 2013 was 25.16%. It is also linked to ROA % through Du Pont Formula. All American Gold's annualized ROA % for the quarter that ended in May. 2013 was -2,000.00%.


All American Gold Asset Turnover Historical Data

The historical data trend for All American Gold'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.

All American Gold Asset Turnover Chart

All American Gold Annual Data
Trend May09 May10 May11 May12 May13
Asset Turnover
- - - - -

All American Gold Quarterly Data
Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13
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 - - - - -

Competitive Comparison of All American Gold's Asset Turnover

For the Leisure subindustry, All American Gold'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.


All American Gold's Asset Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, All American Gold's Asset Turnover distribution charts can be found below:

* The bar in red indicates where All American Gold's Asset Turnover falls into.



All American Gold Asset Turnover Calculation

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

All American Gold's Asset Turnover for the fiscal year that ended in May. 2013 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: May. 2013 )/( (Total Assets (A: May. 2012 )+Total Assets (A: May. 2013 ))/ count )
=0/( (0.022+0.001)/ 2 )
=0/0.0115
=0.00

All American Gold's Asset Turnover for the quarter that ended in May. 2013 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: May. 2013 )/( (Total Assets (Q: Feb. 2013 )+Total Assets (Q: May. 2013 ))/ count )
=0/( (0.001+0.001)/ 2 )
=0/0.001
=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.


All American Gold  (OTCPK:AAGC) Asset Turnover Explanation

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

All American Gold's annulized ROE % for the quarter that ended in May. 2013 is

ROE %**(Q: May. 2013 )
=Net Income/Total Stockholders Equity
=-0.02/-0.0795
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.02 / 0)*(0 / 0.001)*(0.001/ -0.0795)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.0126
=ROA %*Equity Multiplier
=-2,000.00 %*-0.0126
=25.16 %

Note: The Net Income data used here is four times the quarterly (May. 2013) net income data. The Revenue data used here is four times the quarterly (May. 2013) 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:

All American Gold's annulized ROA % for the quarter that ended in May. 2013 is

ROA %(Q: May. 2013 )
=Net Income/Total Assets
=-0.02/0.001
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.02 / 0)*(0 / 0.001)
=Net Margin %*Asset Turnover
= %*0
=-2,000.00 %

Note: The Net Income data used here is four times the quarterly (May. 2013) net income data. The Revenue data used here is four times the quarterly (May. 2013) 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.


All American Gold Asset Turnover Related Terms

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All American Gold (All American Gold) Business Description

Traded in Other Exchanges
N/A
Address
1629 Central Avenue, Suite 202, Cheyenne, WY, USA, 82001
All American Gold Corp operates Hollywood Star Cuts, a full-service family hair salon business with locations in the Boise, Idaho metropolitan area and plans to rapidly expand locations.

All American Gold (All American Gold) Headlines