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Comarco (Comarco) Asset Turnover : 0.00 (As of Oct. 2017)


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What is Comarco Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Comarco's Revenue for the three months ended in Oct. 2017 was $0.00 Mil. Comarco's Total Assets for the quarter that ended in Oct. 2017 was $0.37 Mil. Therefore, Comarco's Asset Turnover for the quarter that ended in Oct. 2017 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Comarco's annualized ROE % for the quarter that ended in Oct. 2017 was 300.38%. It is also linked to ROA % through Du Pont Formula. Comarco's annualized ROA % for the quarter that ended in Oct. 2017 was -215.14%.


Comarco Asset Turnover Historical Data

The historical data trend for Comarco'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.

Comarco Asset Turnover Chart

Comarco Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.78 1.95 - - -

Comarco Quarterly Data
Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17
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 - - - 0.02 -

Competitive Comparison of Comarco's Asset Turnover

For the Communication Equipment subindustry, Comarco'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.


Comarco's Asset Turnover Distribution in the Hardware Industry

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

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



Comarco Asset Turnover Calculation

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

Comarco's Asset Turnover for the fiscal year that ended in Jan. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2017 )/( (Total Assets (A: Jan. 2016 )+Total Assets (A: Jan. 2017 ))/ count )
=0/( (0.922+0.632)/ 2 )
=0/0.777
=0.00

Comarco's Asset Turnover for the quarter that ended in Oct. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Oct. 2017 )/( (Total Assets (Q: Jul. 2017 )+Total Assets (Q: Oct. 2017 ))/ count )
=0/( (0.133+0.607)/ 2 )
=0/0.37
=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.


Comarco  (OTCPK:CMRO) Asset Turnover Explanation

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

Comarco's annulized ROE % for the quarter that ended in Oct. 2017 is

ROE %**(Q: Oct. 2017 )
=Net Income/Total Stockholders Equity
=-0.796/-0.265
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.796 / 0)*(0 / 0.37)*(0.37/ -0.265)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-1.3962
=ROA %*Equity Multiplier
=-215.14 %*-1.3962
=300.38 %

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

Comarco's annulized ROA % for the quarter that ended in Oct. 2017 is

ROA %(Q: Oct. 2017 )
=Net Income/Total Assets
=-0.796/0.37
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.796 / 0)*(0 / 0.37)
=Net Margin %*Asset Turnover
= %*0
=-215.14 %

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


Comarco Asset Turnover Related Terms

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


Comarco (Comarco) Business Description

Traded in Other Exchanges
N/A
Address
28202 Cabot Road, Suite 300, Laguna Niguel, CA, USA, 92677
Comarco Inc through its subsidiaries is engaged in developing numerous technologies in the field of power adapters and chargers for portable mobile devices such as laptop computers, tablets smartphones and more. The company is focused on realizing value from its ongoing intellectual property enforcement actions and other litigation. In addition, it also explores for opportunities to expand, protect, and monetize its patent portfolio, through the sale or licensing of the patent portfolio.
Executives
Neal C Bradsher 10 percent owner
Broadwood Partners Lp 10 percent owner BROADWOOD CAPITAL INC., 142 WEST 57TH STREET, 11TH FLOOR, NEW YORK NY 10019
Broadwood Capital Inc 10 percent owner 142 WEST 57TH STREET, 11TH FLOOR, NEW YORK NY 10019
Lou Silverman director
Michael H. Mulroy director 1300 N. KELLOGG DRIVE, SUITE D, ANAHEIM CA 92807
Alisha Charlton officer: VP, Chief Accounting Officer 25541 COMMERCENTRE DRIVE, LAKE FOREST CA 92630
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Robert J Majteles director
Van Der Kaay Erik director C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Don M Bailey director 1300 N. KELLOGG DRIVE, SUITE D, ANAHEIM CA 92607
Stadium Capital Partners L P other: former 10% owner 199 ELM STREET, NEW CANAAN CT 06840

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