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Perigee Holdings (Perigee Holdings) Asset Turnover : 0.02 (As of Apr. 2017)


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What is Perigee Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Perigee Holdings's Revenue for the three months ended in Apr. 2017 was $0.06 Mil. Perigee Holdings's Total Assets for the quarter that ended in Apr. 2017 was $3.34 Mil. Therefore, Perigee Holdings's Asset Turnover for the quarter that ended in Apr. 2017 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Perigee Holdings's annualized ROE % for the quarter that ended in Apr. 2017 was -285.55%. It is also linked to ROA % through Du Pont Formula. Perigee Holdings's annualized ROA % for the quarter that ended in Apr. 2017 was -29.55%.


Perigee Holdings Asset Turnover Historical Data

The historical data trend for Perigee Holdings'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.

Perigee Holdings Asset Turnover Chart

Perigee Holdings Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.13 0.08 0.07 0.11

Perigee Holdings Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
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 0.01 0.03 0.03 0.04 0.02

Competitive Comparison of Perigee Holdings's Asset Turnover

For the Shell Companies subindustry, Perigee Holdings'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.


Perigee Holdings's Asset Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Perigee Holdings's Asset Turnover distribution charts can be found below:

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



Perigee Holdings Asset Turnover Calculation

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

Perigee Holdings's Asset Turnover for the fiscal year that ended in Apr. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Apr. 2017 )/( (Total Assets (A: Apr. 2016 )+Total Assets (A: Apr. 2017 ))/ count )
=0.372/( (3.332+3.301)/ 2 )
=0.372/3.3165
=0.11

Perigee Holdings's Asset Turnover for the quarter that ended in Apr. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Apr. 2017 )/( (Total Assets (Q: Jan. 2017 )+Total Assets (Q: Apr. 2017 ))/ count )
=0.063/( (3.387+3.301)/ 2 )
=0.063/3.344
=0.02

* 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.


Perigee Holdings  (OTCPK:PEHD) Asset Turnover Explanation

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

Perigee Holdings's annulized ROE % for the quarter that ended in Apr. 2017 is

ROE %**(Q: Apr. 2017 )
=Net Income/Total Stockholders Equity
=-0.988/0.346
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.988 / 0.252)*(0.252 / 3.344)*(3.344/ 0.346)
=Net Margin %*Asset Turnover*Equity Multiplier
=-392.06 %*0.0754*9.6647
=ROA %*Equity Multiplier
=-29.55 %*9.6647
=-285.55 %

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

Perigee Holdings's annulized ROA % for the quarter that ended in Apr. 2017 is

ROA %(Q: Apr. 2017 )
=Net Income/Total Assets
=-0.988/3.344
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.988 / 0.252)*(0.252 / 3.344)
=Net Margin %*Asset Turnover
=-392.06 %*0.0754
=-29.55 %

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


Perigee Holdings Asset Turnover Related Terms

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Perigee Holdings (Perigee Holdings) Business Description

Traded in Other Exchanges
N/A
Address
9605 W. 49th Avenue, Suite 200, Wheat Ridge, CO, USA, 80033
Perigee Holdings Inc is a shell company.
Executives
Sanjay Sabnani director, 10 percent owner, officer: CEO, President, Secretary 11150 SANTA MONICA BLVD. #1500, LOS ANGELES CA 90025
Chuck Timpe director 11111 SANTA MONICA BLVD STE. 550, LOS ANGELES CA 90025

Perigee Holdings (Perigee Holdings) Headlines

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