ATLT (Atlas Technology International) Asset Turnover: 0.74 (As of Sep. 2017)


What is Atlas Technology International Asset Turnover?

Atlas Technology International ATLT Asset Turnover is 0.74 as of Sep. 2017.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Atlas Technology International's Revenue for the three months ended in Sep. 2017 was $2.22 Mil. Atlas Technology International's Total Assets for the quarter that ended in Sep. 2017 was $3.01 Mil. Therefore, Atlas Technology International's Asset Turnover for the quarter that ended in Sep. 2017 was 0.74.

Asset Turnover is linked to ROE % through Du Pont Formula. Atlas Technology International's annualized ROE % for the quarter that ended in Sep. 2017 was 906.30%. It is also linked to ROA % through Du Pont Formula. Atlas Technology International's annualized ROA % for the quarter that ended in Sep. 2017 was -1,477.07%.

Atlas Technology International  (OTCPK:ATLT) Asset Turnover Explanation

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

Atlas Technology International's annulized ROE % for the quarter that ended in Sep. 2017 is

ROE %**(Q: Sep. 2017 )
=Net Income/Total Stockholders Equity
=-44.504/-4.9105
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-44.504 / 8.876)*(8.876 / 3.013)*(3.013/ -4.9105)
=Net Margin %*Asset Turnover*Equity Multiplier
=-501.4 %*2.9459*-0.6136
=ROA %*Equity Multiplier
=-1,477.07 %*-0.6136
=906.30 %

Note: The Net Income data used here is four times the quarterly (Sep. 2017) net income data. The Revenue data used here is four times the quarterly (Sep. 2017) 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:

Atlas Technology International's annulized ROA % for the quarter that ended in Sep. 2017 is

ROA %(Q: Sep. 2017 )
=Net Income/Total Assets
=-44.504/3.013
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-44.504 / 8.876)*(8.876 / 3.013)
=Net Margin %*Asset Turnover
=-501.4 %*2.9459
=-1,477.07 %

Note: The Net Income data used here is four times the quarterly (Sep. 2017) net income data. The Revenue data used here is four times the quarterly (Sep. 2017) 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.

Atlas Technology International Asset Turnover Related Terms

Atlas Technology International Asset Turnover Historical Data

* Premium members only.

The historical data trend for Atlas Technology International'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.

Atlas Technology International Asset Turnover Chart

Atlas Technology International Annual Data
Trend Jul14 Jul15 Jun16 Jun17
Asset Turnover
2.09 0.83 0.00 3.30

Atlas Technology International Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Sep16 Dec16 Mar17 Jun17 Sep17
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 0.88 1.17 1.00 0.86 0.74

ATLT vs MFCO, TNLX: Asset Turnover Comparison

For the Electronic Components subindustry, Atlas Technology International'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.

Atlas Technology International Asset Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Atlas Technology International's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Atlas Technology International's Asset Turnover falls into.


Atlas Technology International Asset Turnover Calculation

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

Atlas Technology International's Asset Turnover for the fiscal year that ended in Jun. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2017 )/( (Total Assets (A: Jun. 2016 )+Total Assets (A: Jun. 2017 ))/ count )
=4.242/( (0.03+2.543)/ 2 )
=4.242/1.2865
=3.30

Atlas Technology International's Asset Turnover for the quarter that ended in Sep. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2017 )/( (Total Assets (Q: Jun. 2017 )+Total Assets (Q: Sep. 2017 ))/ count )
=2.219/( (2.543+3.483)/ 2 )
=2.219/3.013
=0.74

* 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 0.74 mean?
Atlas Technology International (ATLT) has a Asset Turnover of 0.74 as of Sep. 2017. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Atlas Technology International and its competitors.
Is Atlas Technology International's Asset Turnover too high?
Atlas Technology International's current Asset Turnover is 0.74.
How does Atlas Technology International's Asset Turnover compare to MFCO and TNLX?
Atlas Technology International's Asset Turnover of 0.74 can be compared against companies in the Hardware 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 Hardware company?
A good Asset Turnover depends on the Hardware 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 Atlas Technology International and its competitors. Atlas Technology International's current Asset Turnover is 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlas Technology International stock overvalued right now?
Atlas Technology International (ATLT) has a current Asset Turnover of 0.74. The current Asset Turnover is 0.74. 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 Atlas Technology International (ATLT), the current Asset Turnover is 0.74 as of Sep. 2017. 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.

Atlas Technology International Business Description

Address 15260 Ventura Boulevard, Suite 1010, Sherman Oaks, Los Angeles, CA, USA, 91430
Atlas Technology International Inc is a designer, manufacturer and distributor of touchscreen devices to consumer electronic producers. It manufactures products in a wide array of industries such as GPS, watches, point-of-sale (POS), hospitality, medical/healthcare IT, industrial, and consumer. The company produces complete touchscreen displays and display enhancements in North America and provides in-flight entertainment (IFE) touchscreen solutions to the commercial aerospace industry.