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Saltbae Capital (Saltbae Capital) Asset Turnover : 0.06 (As of Mar. 2019)


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What is Saltbae Capital Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Saltbae Capital's Revenue for the three months ended in Mar. 2019 was $1.22 Mil. Saltbae Capital's Total Assets for the quarter that ended in Mar. 2019 was $20.62 Mil. Therefore, Saltbae Capital's Asset Turnover for the quarter that ended in Mar. 2019 was 0.06.

Asset Turnover is linked to ROE % through Du Pont Formula. Saltbae Capital's annualized ROE % for the quarter that ended in Mar. 2019 was -73.17%. It is also linked to ROA % through Du Pont Formula. Saltbae Capital's annualized ROA % for the quarter that ended in Mar. 2019 was -51.79%.


Saltbae Capital Asset Turnover Historical Data

The historical data trend for Saltbae Capital'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.

Saltbae Capital Asset Turnover Chart

Saltbae Capital Annual Data
Trend Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17
Asset Turnover
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Saltbae Capital Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 - 0.03 0.05 0.02 0.06

Competitive Comparison of Saltbae Capital's Asset Turnover

For the Electrical Equipment & Parts subindustry, Saltbae Capital'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.


Saltbae Capital's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Saltbae Capital's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Saltbae Capital's Asset Turnover falls into.



Saltbae Capital Asset Turnover Calculation

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

Saltbae Capital's Asset Turnover for the fiscal year that ended in Sep. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2017 )/( (Total Assets (A: Sep. 2016 )+Total Assets (A: Sep. 2017 ))/ count )
=0/( (0.732+1.799)/ 2 )
=0/1.2655
=0.00

Saltbae Capital's Asset Turnover for the quarter that ended in Mar. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2019 )/( (Total Assets (Q: Dec. 2018 )+Total Assets (Q: Mar. 2019 ))/ count )
=1.221/( (20.934+20.306)/ 2 )
=1.221/20.62
=0.06

* 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.


Saltbae Capital  (OTCPK:CECBF) Asset Turnover Explanation

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

Saltbae Capital's annulized ROE % for the quarter that ended in Mar. 2019 is

ROE %**(Q: Mar. 2019 )
=Net Income/Total Stockholders Equity
=-10.68/14.5955
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-10.68 / 4.884)*(4.884 / 20.62)*(20.62/ 14.5955)
=Net Margin %*Asset Turnover*Equity Multiplier
=-218.67 %*0.2369*1.4128
=ROA %*Equity Multiplier
=-51.79 %*1.4128
=-73.17 %

Note: The Net Income data used here is four times the quarterly (Mar. 2019) net income data. The Revenue data used here is four times the quarterly (Mar. 2019) 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:

Saltbae Capital's annulized ROA % for the quarter that ended in Mar. 2019 is

ROA %(Q: Mar. 2019 )
=Net Income/Total Assets
=-10.68/20.62
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-10.68 / 4.884)*(4.884 / 20.62)
=Net Margin %*Asset Turnover
=-218.67 %*0.2369
=-51.79 %

Note: The Net Income data used here is four times the quarterly (Mar. 2019) net income data. The Revenue data used here is four times the quarterly (Mar. 2019) 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.


Saltbae Capital Asset Turnover Related Terms

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Saltbae Capital (Saltbae Capital) Business Description

Traded in Other Exchanges
N/A
Address
100 King Street West, Suite 5700, First Canadian Place, Toronto, ON, CAN, M5X 1C7
Saltbae Capital Corp formerly CellCube Energy Storage Systems Inc is a Canadian company which acts as an integrated producer of vanadium and vanadium electrolytes for the energy storage industry. The principal activity is the exploration of its mineral properties in Canada and the United States. The company owns an interest in Bisoni-Mckay Property and Bisoni-Rio Property.

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