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Bitcoin Generation (Bitcoin Generation) Asset Turnover : 0.00 (As of Jun. 2017)


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What is Bitcoin Generation Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Bitcoin Generation's Revenue for the three months ended in Jun. 2017 was $0.00 Mil. Bitcoin Generation's Total Assets for the quarter that ended in Jun. 2017 was $0.78 Mil. Therefore, Bitcoin Generation's Asset Turnover for the quarter that ended in Jun. 2017 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Bitcoin Generation's annualized ROE % for the quarter that ended in Jun. 2017 was 43.30%. It is also linked to ROA % through Du Pont Formula. Bitcoin Generation's annualized ROA % for the quarter that ended in Jun. 2017 was -49.84%.


Bitcoin Generation Asset Turnover Historical Data

The historical data trend for Bitcoin Generation'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.

Bitcoin Generation Asset Turnover Chart

Bitcoin Generation Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Asset Turnover
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Bitcoin Generation Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Mar17 Jun17
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Competitive Comparison of Bitcoin Generation's Asset Turnover

For the Capital Markets subindustry, Bitcoin Generation'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.


Bitcoin Generation's Asset Turnover Distribution in the Capital Markets Industry

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

* The bar in red indicates where Bitcoin Generation's Asset Turnover falls into.



Bitcoin Generation Asset Turnover Calculation

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

Bitcoin Generation's Asset Turnover for the fiscal year that ended in Mar. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2017 )/( (Total Assets (A: Mar. 2016 )+Total Assets (A: Mar. 2017 ))/ count )
=0/( (0.068+0.78)/ 2 )
=0/0.424
=0.00

Bitcoin Generation's Asset Turnover for the quarter that ended in Jun. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2017 )/( (Total Assets (Q: Mar. 2017 )+Total Assets (Q: Jun. 2017 ))/ count )
=0/( (0.78+0.777)/ 2 )
=0/0.7785
=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.


Bitcoin Generation  (OTCPK:BTGN) Asset Turnover Explanation

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

Bitcoin Generation's annulized ROE % for the quarter that ended in Jun. 2017 is

ROE %**(Q: Jun. 2017 )
=Net Income/Total Stockholders Equity
=-0.388/-0.896
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.388 / 0)*(0 / 0.7785)*(0.7785/ -0.896)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.8689
=ROA %*Equity Multiplier
=-49.84 %*-0.8689
=43.30 %

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

Bitcoin Generation's annulized ROA % for the quarter that ended in Jun. 2017 is

ROA %(Q: Jun. 2017 )
=Net Income/Total Assets
=-0.388/0.7785
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.388 / 0)*(0 / 0.7785)
=Net Margin %*Asset Turnover
= %*0
=-49.84 %

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


Bitcoin Generation Asset Turnover Related Terms

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Bitcoin Generation (Bitcoin Generation) Business Description

Traded in Other Exchanges
N/A
Address
2401 Nowata Place, Suite A, Bartlesville, OK, USA, 74006
Bitcoin Generation Inc is specialized in the development of Blockchain technology application, cryptocurrency mining, and cryptocurrency trading.

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