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Lingerie Fighting Championships (Lingerie Fighting Championships) Asset Turnover : 10.67 (As of Sep. 2023)


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What is Lingerie Fighting Championships Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Lingerie Fighting Championships's Revenue for the three months ended in Sep. 2023 was $0.03 Mil. Lingerie Fighting Championships's Total Assets for the quarter that ended in Sep. 2023 was $0.00 Mil. Therefore, Lingerie Fighting Championships's Asset Turnover for the quarter that ended in Sep. 2023 was 10.67.

Asset Turnover is linked to ROE % through Du Pont Formula. Lingerie Fighting Championships's annualized ROE % for the quarter that ended in Sep. 2023 was 53.01%. It is also linked to ROA % through Du Pont Formula. Lingerie Fighting Championships's annualized ROA % for the quarter that ended in Sep. 2023 was -83,333.33%.


Lingerie Fighting Championships Asset Turnover Historical Data

The historical data trend for Lingerie Fighting Championships'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.

Lingerie Fighting Championships Asset Turnover Chart

Lingerie Fighting Championships Annual Data
Trend Feb13 Feb14 Feb15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 1.10 1.17 4.13 4.39

Lingerie Fighting Championships Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.94 2.33 4.55 15.50 10.67

Competitive Comparison of Lingerie Fighting Championships's Asset Turnover

For the Entertainment subindustry, Lingerie Fighting Championships'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.


Lingerie Fighting Championships's Asset Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Lingerie Fighting Championships's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Lingerie Fighting Championships's Asset Turnover falls into.



Lingerie Fighting Championships Asset Turnover Calculation

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

Lingerie Fighting Championships's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=0.114/( (0.042+0.01)/ 2 )
=0.114/0.026
=4.38

Lingerie Fighting Championships's Asset Turnover for the quarter that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0.032/( (0.003+0.003)/ 2 )
=0.032/0.003
=10.67

* 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.


Lingerie Fighting Championships  (OTCPK:BOTY) Asset Turnover Explanation

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

Lingerie Fighting Championships's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-2.5/-4.716
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.5 / 0.128)*(0.128 / 0.003)*(0.003/ -4.716)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1953.13 %*42.6667*-0.0006
=ROA %*Equity Multiplier
=-83,333.33 %*-0.0006
=53.01 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) 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:

Lingerie Fighting Championships's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=-2.5/0.003
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.5 / 0.128)*(0.128 / 0.003)
=Net Margin %*Asset Turnover
=-1953.13 %*42.6667
=-83,333.33 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) 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.


Lingerie Fighting Championships Asset Turnover Related Terms

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Lingerie Fighting Championships (Lingerie Fighting Championships) Business Description

Traded in Other Exchanges
N/A
Address
6955 North Durango Drive, Suite 1115-129, Las Vegas, NV, USA, 89149
Lingerie Fighting Championships Inc is a media company that emphasizes the development, production, promotion, and distribution of original entertainment. It focuses on building a sports entertainment league with a female league structure that utilizes wrestling and mixed martial arts fighting techniques with fictional character personas, parodies of public figures and professional sporting leagues, and fictional storylines for sports entertainment purposes. Its operations are carried out in the US and generate revenues through its events.
Executives
Terry Butler director, officer: Chief Financial Officer 900 EAST 7TH ST. BOX 170, BLOOMINGTON IN 47405
Shaun Edward Donnelly director, officer: Chief Executive Officer 7701 DONALD NELSON AVENUE, LAS VEGAS NV 89131

Lingerie Fighting Championships (Lingerie Fighting Championships) Headlines

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