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American International Industries (American International Industries) Asset Turnover : 0.00 (As of Sep. 2015)


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What is American International Industries Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. American International Industries's Revenue for the three months ended in Sep. 2015 was $0.00 Mil. American International Industries's Total Assets for the quarter that ended in Sep. 2015 was $8.19 Mil. Therefore, American International Industries's Asset Turnover for the quarter that ended in Sep. 2015 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. American International Industries's annualized ROE % for the quarter that ended in Sep. 2015 was -18.98%. It is also linked to ROA % through Du Pont Formula. American International Industries's annualized ROA % for the quarter that ended in Sep. 2015 was -13.13%.


American International Industries Asset Turnover Historical Data

The historical data trend for American International Industries'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.

American International Industries Asset Turnover Chart

American International Industries Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.45 0.43 - -

American International Industries Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 American International Industries's Asset Turnover

For the Conglomerates subindustry, American International Industries'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.


American International Industries's Asset Turnover Distribution in the Conglomerates Industry

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

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



American International Industries Asset Turnover Calculation

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

American International Industries's Asset Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2014 )/( (Total Assets (A: Dec. 2013 )+Total Assets (A: Dec. 2014 ))/ count )
=0.033/( (14.722+12.655)/ 2 )
=0.033/13.6885
=0.00

American International Industries's Asset Turnover for the quarter that ended in Sep. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2015 )/( (Total Assets (Q: Jun. 2015 )+Total Assets (Q: Sep. 2015 ))/ count )
=0.002/( (8.334+8.05)/ 2 )
=0.002/8.192
=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.


American International Industries  (OTCPK:AMIN) Asset Turnover Explanation

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

American International Industries's annulized ROE % for the quarter that ended in Sep. 2015 is

ROE %**(Q: Sep. 2015 )
=Net Income/Total Stockholders Equity
=-1.076/5.67
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.076 / 0.008)*(0.008 / 8.192)*(8.192/ 5.67)
=Net Margin %*Asset Turnover*Equity Multiplier
=-13450 %*0.001*1.4448
=ROA %*Equity Multiplier
=-13.13 %*1.4448
=-18.98 %

Note: The Net Income data used here is four times the quarterly (Sep. 2015) net income data. The Revenue data used here is four times the quarterly (Sep. 2015) 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:

American International Industries's annulized ROA % for the quarter that ended in Sep. 2015 is

ROA %(Q: Sep. 2015 )
=Net Income/Total Assets
=-1.076/8.192
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.076 / 0.008)*(0.008 / 8.192)
=Net Margin %*Asset Turnover
=-13450 %*0.001
=-13.13 %

Note: The Net Income data used here is four times the quarterly (Sep. 2015) net income data. The Revenue data used here is four times the quarterly (Sep. 2015) 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.


American International Industries Asset Turnover Related Terms

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American International Industries (American International Industries) Business Description

Traded in Other Exchanges
N/A
Address
601 Cien Street, Suite 235, Kemah, TX, USA, 77565-3077
American International Industries Inc operates as a diversified holding company. The company has interests in industrial, oil and gas, oilfield supply and service companies, and interests in an undeveloped real estate in the Galveston Bay, Texas area. American International serves both as a financial and professional business savvy partner for its subsidiaries. The company has the following reporting segments - American International Holdings Corp, American International Texas Properties Inc, Brenham Oil, and Gas.
Executives
Daniel Dror officer: Chairman & CEO 601 HANSON RD, KEMAH TX 77565-2701
Sherry Lynne Couturier officer: CFO 601 CIEN STREET, STE. 235, KEMAH TX 77565
Craft Thomas J Jr director 11000 PROSPERITY FARMS ROAD, SUITE 101, PALM BEACH GARDENS FL 33401
Steven M Plumb director 5300 NORTH BREASEWOOD, PMB #370, HOUSTON TX 77096-3317
Stump John W Iii other: Former Director 601 CIEN RD, SUITE 235, KEMAH TX 77565-3077
Gary D Woerz other: Former CFO 601 CIEN RD, SUITE 235, KEMAH TX 77565