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Bingo Nation (Bingo Nation) Asset Turnover : 0.00 (As of Dec. 2016)


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What is Bingo Nation Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Bingo Nation's Revenue for the three months ended in Dec. 2016 was $0.00 Mil. Bingo Nation's Total Assets for the quarter that ended in Dec. 2016 was $0.15 Mil. Therefore, Bingo Nation's Asset Turnover for the quarter that ended in Dec. 2016 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Bingo Nation's annualized ROE % for the quarter that ended in Dec. 2016 was 10,562.74%. It is also linked to ROA % through Du Pont Formula. Bingo Nation's annualized ROA % for the quarter that ended in Dec. 2016 was -35,676.19%.


Bingo Nation Asset Turnover Historical Data

The historical data trend for Bingo Nation'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.

Bingo Nation Asset Turnover Chart

Bingo Nation Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Asset Turnover
Get a 7-Day Free Trial - - - - 1.45

Bingo Nation Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 - - 0.28 - -

Competitive Comparison of Bingo Nation's Asset Turnover

For the Gambling subindustry, Bingo Nation'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.


Bingo Nation's Asset Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bingo Nation's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Bingo Nation's Asset Turnover falls into.



Bingo Nation Asset Turnover Calculation

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

Bingo Nation's Asset Turnover for the fiscal year that ended in Mar. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2016 )/( (Total Assets (A: Mar. 2015 )+Total Assets (A: Mar. 2016 ))/ count )
=0.416/( (0.294+0.281)/ 2 )
=0.416/0.2875
=1.45

Bingo Nation's Asset Turnover for the quarter that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2016 )/( (Total Assets (Q: Sep. 2016 )+Total Assets (Q: Dec. 2016 ))/ count )
=0/( (0.277+0.017)/ 2 )
=0/0.147
=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.


Bingo Nation  (GREY:BLTO) Asset Turnover Explanation

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

Bingo Nation's annulized ROE % for the quarter that ended in Dec. 2016 is

ROE %**(Q: Dec. 2016 )
=Net Income/Total Stockholders Equity
=-52.444/-0.4965
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-52.444 / 0)*(0 / 0.147)*(0.147/ -0.4965)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.2961
=ROA %*Equity Multiplier
=-35,676.19 %*-0.2961
=10,562.74 %

Note: The Net Income data used here is four times the quarterly (Dec. 2016) net income data. The Revenue data used here is four times the quarterly (Dec. 2016) 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:

Bingo Nation's annulized ROA % for the quarter that ended in Dec. 2016 is

ROA %(Q: Dec. 2016 )
=Net Income/Total Assets
=-52.444/0.147
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-52.444 / 0)*(0 / 0.147)
=Net Margin %*Asset Turnover
= %*0
=-35,676.19 %

Note: The Net Income data used here is four times the quarterly (Dec. 2016) net income data. The Revenue data used here is four times the quarterly (Dec. 2016) 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.


Bingo Nation Asset Turnover Related Terms

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Bingo Nation (Bingo Nation) Business Description

Traded in Other Exchanges
N/A
Address
6440 Sky Pointe Drive, Suite 140/149, Las Vegas, NV, USA, 89131
Bingo Nation Inc is a United States based entity specialized in tribal gaming, freemium marketing, lottery and interactive technology-based products. The company's portfolio includes proxy-player tribal gaming management, interactive advertising, and game sales via self-serve kiosks, smartphones, and tracking via secure cloud-based customer accounting systems.

Bingo Nation (Bingo Nation) Headlines

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