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Consolidated Global Investments (ASX:CGI) Asset Turnover : 0.00 (As of Jun. 2014)


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What is Consolidated Global Investments Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Consolidated Global Investments's Revenue for the six months ended in Jun. 2014 was A$0.00 Mil. Consolidated Global Investments's Total Assets for the quarter that ended in Jun. 2014 was A$0.36 Mil. Therefore, Consolidated Global Investments's Asset Turnover for the quarter that ended in Jun. 2014 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Consolidated Global Investments's annualized ROE % for the quarter that ended in Jun. 2014 was 250.69%. It is also linked to ROA % through Du Pont Formula. Consolidated Global Investments's annualized ROA % for the quarter that ended in Jun. 2014 was -457.14%.


Consolidated Global Investments Asset Turnover Historical Data

The historical data trend for Consolidated Global Investments'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.

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Consolidated Global Investments Asset Turnover Chart

Consolidated Global Investments Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Asset Turnover
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Consolidated Global Investments Semi-Annual Data
Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
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Competitive Comparison of Consolidated Global Investments's Asset Turnover

For the Other Industrial Metals & Mining subindustry, Consolidated Global Investments'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.


Consolidated Global Investments's Asset Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Consolidated Global Investments's Asset Turnover distribution charts can be found below:

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



Consolidated Global Investments Asset Turnover Calculation

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

Consolidated Global Investments's Asset Turnover for the fiscal year that ended in Jun. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2014 )/( (Total Assets (A: Jun. 2013 )+Total Assets (A: Jun. 2014 ))/ count )
=0/( (0.613+0.101)/ 2 )
=0/0.357
=0.00

Consolidated Global Investments's Asset Turnover for the quarter that ended in Jun. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2014 )/( (Total Assets (Q: Jun. 2013 )+Total Assets (Q: Jun. 2014 ))/ count )
=0/( (0.613+0.101)/ 2 )
=0/0.357
=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.


Consolidated Global Investments  (ASX:CGI) Asset Turnover Explanation

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

Consolidated Global Investments's annulized ROE % for the quarter that ended in Jun. 2014 is

ROE %**(Q: Jun. 2014 )
=Net Income/Total Stockholders Equity
=-1.632/-0.651
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.632 / 0)*(0 / 0.357)*(0.357/ -0.651)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.5484
=ROA %*Equity Multiplier
=-457.14 %*-0.5484
=250.69 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2014) net income data. The Revenue data used here is two times the semi-annual (Jun. 2014) 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:

Consolidated Global Investments's annulized ROA % for the quarter that ended in Jun. 2014 is

ROA %(Q: Jun. 2014 )
=Net Income/Total Assets
=-1.632/0.357
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.632 / 0)*(0 / 0.357)
=Net Margin %*Asset Turnover
= %*0
=-457.14 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2014) net income data. The Revenue data used here is two times the semi-annual (Jun. 2014) 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.


Consolidated Global Investments Asset Turnover Related Terms

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Consolidated Global Investments (ASX:CGI) Business Description

Traded in Other Exchanges
N/A
Address
Consolidated Global Investments Limited through its subsidiaries is engaged in mineral exploration, such as gold, copper, manganese & base metals. Its projects include Pilbara Project, Palm Springs Project, Ruby Plains & Wimba Hill, among others.

Consolidated Global Investments (ASX:CGI) Headlines

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