Global Connectivity (AQSE:GCON) Asset Turnover: 0.19 (As of Dec. 2021)


What is Global Connectivity Asset Turnover?

Global Connectivity AQSE:GCON Asset Turnover is 0.19 as of Dec. 2021.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Global Connectivity's Revenue for the six months ended in Dec. 2021 was £0.89 Mil. Global Connectivity's Total Assets for the quarter that ended in Dec. 2021 was £4.63 Mil. Therefore, Global Connectivity's Asset Turnover for the quarter that ended in Dec. 2021 was 0.19.

Asset Turnover is linked to ROE % through Du Pont Formula. Global Connectivity's annualized ROE % for the quarter that ended in Dec. 2021 was -55.62%. It is also linked to ROA % through Du Pont Formula. Global Connectivity's annualized ROA % for the quarter that ended in Dec. 2021 was -48.11%.

Global Connectivity  (AQSE:GCON) Asset Turnover Explanation

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

Global Connectivity's annulized ROE % for the quarter that ended in Dec. 2021 is

ROE %**(Q: Dec. 2021 )
=Net Income/Total Stockholders Equity
=-2.228/4.006
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.228 / 1.774)*(1.774 / 4.6315)*(4.6315/ 4.006)
=Net Margin %*Asset Turnover*Equity Multiplier
=-125.59 %*0.383*1.1561
=ROA %*Equity Multiplier
=-48.11 %*1.1561
=-55.62 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2021) net income data. The Revenue data used here is two times the semi-annual (Dec. 2021) 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:

Global Connectivity's annulized ROA % for the quarter that ended in Dec. 2021 is

ROA %(Q: Dec. 2021 )
=Net Income/Total Assets
=-2.228/4.6315
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.228 / 1.774)*(1.774 / 4.6315)
=Net Margin %*Asset Turnover
=-125.59 %*0.383
=-48.11 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2021) net income data. The Revenue data used here is two times the semi-annual (Dec. 2021) 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.

Global Connectivity Asset Turnover Related Terms

Global Connectivity Asset Turnover Historical Data

* Premium members only.

The historical data trend for Global Connectivity'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.

Global Connectivity Asset Turnover Chart

Global Connectivity Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec19 Dec20 Dec21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 1.10 0.00 0.05 0.19

Global Connectivity Semi-Annual Data
Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec19 Dec20 Dec21
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 0.08 1.10 0.00 0.05 0.19

AQSE:GCON vs CMCSA, TMUS, VZ: Asset Turnover Comparison

For the Telecom Services subindustry, Global Connectivity'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.

Global Connectivity Asset Turnover vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Global Connectivity's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Global Connectivity's Asset Turnover falls into.


Global Connectivity Asset Turnover Calculation

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

Global Connectivity's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=0.887/( (4.079+5.184)/ 2 )
=0.887/4.6315
=0.19

Global Connectivity's Asset Turnover for the quarter that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2021 )/( (Total Assets (Q: Dec. 2020 )+Total Assets (Q: Dec. 2021 ))/ count )
=0.887/( (4.079+5.184)/ 2 )
=0.887/4.6315
=0.19

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.19 mean?
Global Connectivity (AQSE:GCON) has a Asset Turnover of 0.19 as of Dec. 2021. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Global Connectivity and its competitors.
Is Global Connectivity's Asset Turnover too high?
Global Connectivity's current Asset Turnover is 0.19.
How does Global Connectivity's Asset Turnover compare to CMCSA and TMUS?
Global Connectivity's Asset Turnover of 0.19 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Telecommunication Services company?
A good Asset Turnover depends on the Telecommunication Services industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Global Connectivity and its competitors. Global Connectivity's current Asset Turnover is 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Connectivity stock overvalued right now?
Global Connectivity (AQSE:GCON) has a current Asset Turnover of 0.19. The current Asset Turnover is 0.19. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Global Connectivity (AQSE:GCON), the current Asset Turnover is 0.19 as of Dec. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Global Connectivity Business Description

Address 54-62 Athol Street, Exchange House, Douglas, IMN, IM1 1JD
Global Connectivity PLC is prioritizing high-speed connectivity within rural communities through the implementation of hybrid infrastructure that will bridge the gap between deep rural and urban edges. With the continual advancements in wireless technologies, its hybrid solutions will deliver ultrafast, gigabit-capable, and 5G ready connectivity into deep rural communities in a scaleable and efficient manner. The company is prioritizing rural connectivity whilst creating a blueprint for deep rural communities across the United Kingdom.