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Blackstar Enterprise Group (OTCPK:BEGI) Asset Turnover

: 0.00 (As of Sep. 2022)
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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Blackstar Enterprise Group's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Blackstar Enterprise Group's Total Assets for the quarter that ended in Sep. 2022 was $0.37 Mil. Therefore, Blackstar Enterprise Group's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Blackstar Enterprise Group's annualized ROE % for the quarter that ended in Sep. 2022 was 152.45%. It is also linked to ROA % through Du Pont Formula. Blackstar Enterprise Group's annualized ROA % for the quarter that ended in Sep. 2022 was -233.56%.


Blackstar Enterprise Group Asset Turnover Historical Data

The historical data trend for Blackstar Enterprise Group'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.

Blackstar Enterprise Group Annual Data
Trend Jul01 Jul02 Jul03 Jul04 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
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Blackstar Enterprise Group Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Asset Turnover 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the Capital Markets subindustry, Blackstar Enterprise Group'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.

   

Blackstar Enterprise Group Asset Turnover Distribution

For the Capital Markets industry and Financial Services sector, Blackstar Enterprise Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Blackstar Enterprise Group's Asset Turnover falls in comparison to its industry or sector. The grey bar indicates the Asset Turnover's extreme value range as defined by GuruFocus.



Blackstar Enterprise Group Asset Turnover Calculation

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

Blackstar Enterprise Group'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/( (0.094+0.683)/ 2 )
=0/0.3885
=0.00

Blackstar Enterprise Group's Asset Turnover for the quarter that ended in Sep. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=0/( (0.409+0.324)/ 2 )
=0/0.3665
=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.


Blackstar Enterprise Group  (OTCPK:BEGI) Asset Turnover Explanation

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

Blackstar Enterprise Group's annulized ROE % for the quarter that ended in Sep. 2022 is

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=-0.856/-0.5615
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.856 / 0)*(0 / 0.3665)*(0.3665/ -0.5615)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.6527
=ROA %*Equity Multiplier
=-233.56 %*-0.6527
=152.45 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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:

Blackstar Enterprise Group's annulized ROA % for the quarter that ended in Sep. 2022 is

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=-0.856/0.3665
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.856 / 0)*(0 / 0.3665)
=Net Margin %*Asset Turnover
= %*0
=-233.56 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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.


Blackstar Enterprise Group Asset Turnover Related Terms

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Blackstar Enterprise Group (OTCPK:BEGI) Business Description

Blackstar Enterprise Group logo
Traded in Other Exchanges
N/A
Address
4450 Arapahoe Avenue, Suite 100, Boulder, CO, USA, 80303
Blackstar Enterprise Group Inc is engaged in Merchant Banking and Finance business. The company intends to gain exposure to the blockchain ecosystem through targeted joint ventures in the sector. It also offers consulting and regulatory compliance services to crypto-equity companies.
Executives
John N Harris director, 10 percent owner, officer: CEO PO BOX 1547, LYONS CO 80540
International Hedge Group, Inc. 10 percent owner 1711 WALES DRIVE, BERTHOUD CO 80513
Joseph E Kurczodyna director, 10 percent owner, officer: CFO 1711 WALES DRIVE, BERTHOUD CO 80513
Todd Harold Lahr 10 percent owner, other: Former President & Director 134 3RD ST, NAZARETH PA 18064
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