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Drone Guarder (Drone Guarder) Asset Turnover : 0.00 (As of Oct. 2018)


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What is Drone Guarder Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Drone Guarder's Revenue for the three months ended in Oct. 2018 was $0.00 Mil. Drone Guarder's Total Assets for the quarter that ended in Oct. 2018 was $0.45 Mil. Therefore, Drone Guarder's Asset Turnover for the quarter that ended in Oct. 2018 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Drone Guarder's annualized ROE % for the quarter that ended in Oct. 2018 was 187.20%. It is also linked to ROA % through Du Pont Formula. Drone Guarder's annualized ROA % for the quarter that ended in Oct. 2018 was -560.97%.


Drone Guarder Asset Turnover Historical Data

The historical data trend for Drone Guarder'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.

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Drone Guarder Asset Turnover Chart

Drone Guarder Annual Data
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Drone Guarder Quarterly Data
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Competitive Comparison of Drone Guarder's Asset Turnover

For the Security & Protection Services subindustry, Drone Guarder'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.


Drone Guarder's Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Drone Guarder's Asset Turnover distribution charts can be found below:

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



Drone Guarder Asset Turnover Calculation

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

Drone Guarder's Asset Turnover for the fiscal year that ended in Jan. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2018 )/( (Total Assets (A: Jan. 2017 )+Total Assets (A: Jan. 2018 ))/ count )
=0/( (0.003+0.098)/ 2 )
=0/0.0505
=0.00

Drone Guarder's Asset Turnover for the quarter that ended in Oct. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Oct. 2018 )/( (Total Assets (Q: Jul. 2018 )+Total Assets (Q: Oct. 2018 ))/ count )
=0/( (0.391+0.516)/ 2 )
=0/0.4535
=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.


Drone Guarder  (OTCPK:DRNG) Asset Turnover Explanation

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

Drone Guarder's annulized ROE % for the quarter that ended in Oct. 2018 is

ROE %**(Q: Oct. 2018 )
=Net Income/Total Stockholders Equity
=-2.544/-1.359
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.544 / 0)*(0 / 0.4535)*(0.4535/ -1.359)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.3337
=ROA %*Equity Multiplier
=-560.97 %*-0.3337
=187.20 %

Note: The Net Income data used here is four times the quarterly (Oct. 2018) net income data. The Revenue data used here is four times the quarterly (Oct. 2018) 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:

Drone Guarder's annulized ROA % for the quarter that ended in Oct. 2018 is

ROA %(Q: Oct. 2018 )
=Net Income/Total Assets
=-2.544/0.4535
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.544 / 0)*(0 / 0.4535)
=Net Margin %*Asset Turnover
= %*0
=-560.97 %

Note: The Net Income data used here is four times the quarterly (Oct. 2018) net income data. The Revenue data used here is four times the quarterly (Oct. 2018) 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.


Drone Guarder Asset Turnover Related Terms

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Drone Guarder (Drone Guarder) Business Description

Traded in Other Exchanges
N/A
Address
370 Amapola Avenue, Suite 200A, Torrance, CA, USA, 90501
Drone Guarder Inc is a security and surveillance products provider. The company focused on commercializing a drone enhanced home security system as a turnkey solution. The solution is app-based and includes a drone, infrared camera, and Android mobile app component: once an alarm has been triggered, the DroneGuarder will immediately take off from a wireless charging pad. The camera within the drone will record a video for a few seconds, process it and then send an alert if a threat is found. Its primary revenue model consists of selling home security systems directly to the clients.