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Authentic Holdings (Authentic Holdings) Asset Turnover : 0.00 (As of Sep. 2023)


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What is Authentic 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. Authentic Holdings's Revenue for the three months ended in Sep. 2023 was $0.00 Mil. Authentic Holdings's Total Assets for the quarter that ended in Sep. 2023 was $0.51 Mil. Therefore, Authentic Holdings's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Authentic Holdings's annualized ROE % for the quarter that ended in Sep. 2023 was 61.11%. It is also linked to ROA % through Du Pont Formula. Authentic Holdings's annualized ROA % for the quarter that ended in Sep. 2023 was -561.95%.


Authentic Holdings Asset Turnover Historical Data

The historical data trend for Authentic 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.

Authentic Holdings Asset Turnover Chart

Authentic Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.02 0.01 0.02 -

Authentic Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Authentic Holdings's Asset Turnover

For the Apparel Manufacturing subindustry, Authentic 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.


Authentic Holdings's Asset Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Authentic Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Authentic Holdings's Asset Turnover falls into.



Authentic Holdings Asset Turnover Calculation

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

Authentic Holdings's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=0/( (0.174+0.712)/ 2 )
=0/0.443
=0.00

Authentic Holdings'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/( (0.524+0.501)/ 2 )
=0/0.5125
=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.


Authentic Holdings  (OTCPK:AHRO) Asset Turnover Explanation

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

Authentic Holdings's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-2.88/-4.7125
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.88 / 0)*(0 / 0.5125)*(0.5125/ -4.7125)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.1088
=ROA %*Equity Multiplier
=-561.95 %*-0.1088
=61.11 %

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:

Authentic Holdings's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=-2.88/0.5125
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.88 / 0)*(0 / 0.5125)
=Net Margin %*Asset Turnover
= %*0
=-561.95 %

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.


Authentic Holdings Asset Turnover Related Terms

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Authentic Holdings (Authentic Holdings) Business Description

Traded in Other Exchanges
N/A
Address
50 Division Street, Suite 501, Somerville, NJ, USA, 08873
Authentic Holdings Inc formerly Global Fiber Technologies Inc operates through two separate subsidiaries one of the subsidiary named Authentic Heroes is into has patented technology that takes the original event worn apparel from an iconic individual and creates "Fan-wear" collectibles containing fibers from that original. This subsidiary also in the business of creating vinyl records for distribution into retail department stores and online sales. Another subsidiary named Ecotek360 its in development stage which plans on offering branded fabrics, apparel and uniforms to the corporate, hotel, hospital and military markets.
Executives
Peter J Vazquez officer: Secretary 18 HOOK MOUNTAIN ROAD, SUITE 201, PINE BROOK NJ 07058
Paul Serbiak director 50 DIVISION STREET, SOMERVILLE NJ 08876
Jonathan Schultz 10 percent owner 35602 NE AMMETER ROAD, WASHOUGAL WA 98671
Chris Giordano director 32 BRIDGES RD, STE 330, FAIRFIELD NJ 07006
Donald J Trump 10 percent owner 725 FIFTH AVENUE, 24TH FL, NEW YORK NY 10022
Michael A Jacobson director, 10 percent owner, officer: President and CEO C/O PREMIERE PUBLISHING GROUP, INC., 386 PARK AVENUE SOUTH, 16TH FLOOR, NEW YORK NY 10016
Damm Al Van officer: Controller and P.F.O. C/O PREMIERE PUBLISHING GROUP, INC., 386 PARK AVENUE SOUTH, 16TH FLOOR, NEW YORK NY 10016