GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sky and Space Co Ltd (GREY:BENGF) » Definitions » Asset Turnover

Sky and Space Co (Sky and Space Co) Asset Turnover : 0.00 (As of Dec. 2020)


View and export this data going back to . Start your Free Trial

What is Sky and Space Co Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Sky and Space Co's Revenue for the six months ended in Dec. 2020 was $0.00 Mil. Sky and Space Co's Total Assets for the quarter that ended in Dec. 2020 was $0.70 Mil. Therefore, Sky and Space Co's Asset Turnover for the quarter that ended in Dec. 2020 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Sky and Space Co's annualized ROE % for the quarter that ended in Dec. 2020 was 32.42%. It is also linked to ROA % through Du Pont Formula. Sky and Space Co's annualized ROA % for the quarter that ended in Dec. 2020 was -375.85%.


Sky and Space Co Asset Turnover Historical Data

The historical data trend for Sky and Space Co'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.

Sky and Space Co Asset Turnover Chart

Sky and Space Co Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Sky and Space Co Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20
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 Sky and Space Co's Asset Turnover

For the Communication Equipment subindustry, Sky and Space Co'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.


Sky and Space Co's Asset Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sky and Space Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Sky and Space Co's Asset Turnover falls into.



Sky and Space Co Asset Turnover Calculation

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

Sky and Space Co's Asset Turnover for the fiscal year that ended in Jun. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2020 )/( (Total Assets (A: Jun. 2019 )+Total Assets (A: Jun. 2020 ))/ count )
=0/( (3.588+0.595)/ 2 )
=0/2.0915
=0.00

Sky and Space Co's Asset Turnover for the quarter that ended in Dec. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2020 )/( (Total Assets (Q: Jun. 2020 )+Total Assets (Q: Dec. 2020 ))/ count )
=0/( (0.595+0.813)/ 2 )
=0/0.704
=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.


Sky and Space Co  (GREY:BENGF) Asset Turnover Explanation

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

Sky and Space Co's annulized ROE % for the quarter that ended in Dec. 2020 is

ROE %**(Q: Dec. 2020 )
=Net Income/Total Stockholders Equity
=-2.646/-8.1625
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.646 / 0)*(0 / 0.704)*(0.704/ -8.1625)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.0862
=ROA %*Equity Multiplier
=-375.85 %*-0.0862
=32.42 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2020) net income data. The Revenue data used here is two times the semi-annual (Dec. 2020) 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:

Sky and Space Co's annulized ROA % for the quarter that ended in Dec. 2020 is

ROA %(Q: Dec. 2020 )
=Net Income/Total Assets
=-2.646/0.704
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.646 / 0)*(0 / 0.704)
=Net Margin %*Asset Turnover
= %*0
=-375.85 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2020) net income data. The Revenue data used here is two times the semi-annual (Dec. 2020) 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.


Sky and Space Co Asset Turnover Related Terms

Thank you for viewing the detailed overview of Sky and Space Co's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Sky and Space Co (Sky and Space Co) Business Description

Traded in Other Exchanges
N/A
Address
Barringtons House, 283 Rokeby Road, Subiaco, WA, AUS, 6008
Sky and Space Co Ltd is a nano-satellite, space technology company with European and Israeli centres of aerospace, satellite and software industry experts. Its core business is to construct and operate a communications infrastructure based on nanosatellite technology and develop highly sophisticated software systems that will deploy, maintain orbit control and handle the communication network in space to provide global coverage.

Sky and Space Co (Sky and Space Co) Headlines