ENZC (Enzolytics) Asset Turnover: 0.12 (As of Jun. 2011)


What is Enzolytics Asset Turnover?

Enzolytics ENZC Asset Turnover is 0.12 as of Jun. 2011.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Enzolytics's Revenue for the three months ended in Jun. 2011 was $0.02 Mil. Enzolytics's Total Assets for the quarter that ended in Jun. 2011 was $0.12 Mil. Therefore, Enzolytics's Asset Turnover for the quarter that ended in Jun. 2011 was 0.12.

Asset Turnover is linked to ROE % through Du Pont Formula. Enzolytics's annualized ROE % for the quarter that ended in Jun. 2011 was 130.58%. It is also linked to ROA % through Du Pont Formula. Enzolytics's annualized ROA % for the quarter that ended in Jun. 2011 was -710.04%.

Enzolytics  (OTCPK:ENZC) Asset Turnover Explanation

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

Enzolytics's annulized ROE % for the quarter that ended in Jun. 2011 is

ROE %**(Q: Jun. 2011 )
=Net Income/Total Stockholders Equity
=-0.884/-0.677
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.884 / 0.06)*(0.06 / 0.1245)*(0.1245/ -0.677)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1473.33 %*0.4819*-0.1839
=ROA %*Equity Multiplier
=-710.04 %*-0.1839
=130.58 %

Note: The Net Income data used here is four times the quarterly (Jun. 2011) net income data. The Revenue data used here is four times the quarterly (Jun. 2011) 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:

Enzolytics's annulized ROA % for the quarter that ended in Jun. 2011 is

ROA %(Q: Jun. 2011 )
=Net Income/Total Assets
=-0.884/0.1245
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.884 / 0.06)*(0.06 / 0.1245)
=Net Margin %*Asset Turnover
=-1473.33 %*0.4819
=-710.04 %

Note: The Net Income data used here is four times the quarterly (Jun. 2011) net income data. The Revenue data used here is four times the quarterly (Jun. 2011) 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.

Enzolytics Asset Turnover Related Terms

Enzolytics Asset Turnover Historical Data

* Premium members only.

The historical data trend for Enzolytics'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.

Enzolytics Asset Turnover Chart

Enzolytics Annual Data
Trend Dec07 Jul08 Dec09 Dec10
Asset Turnover
0.00 0.00 0.19 0.31

Enzolytics Quarterly Data
Sep07 Dec07 Apr08 Jul08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11
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 0.01 0.01 0.02 0.04 0.12

Enzolytics Asset Turnover Competitor Comparison

For the Biotechnology subindustry, Enzolytics'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.

Enzolytics Asset Turnover vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Enzolytics's Asset Turnover distribution charts can be found below:

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


Enzolytics Asset Turnover Calculation

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

Enzolytics's Asset Turnover for the fiscal year that ended in Dec. 2010 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2010 )/( (Total Assets (A: Dec. 2009 )+Total Assets (A: Dec. 2010 ))/ count )
=0.037/( (0.085+0.153)/ 2 )
=0.037/0.119
=0.31

Enzolytics's Asset Turnover for the quarter that ended in Jun. 2011 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2011 )/( (Total Assets (Q: Mar. 2011 )+Total Assets (Q: Jun. 2011 ))/ count )
=0.015/( (0.137+0.112)/ 2 )
=0.015/0.1245
=0.12

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.12 mean?
Enzolytics (ENZC) has a Asset Turnover of 0.12 as of Jun. 2011. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Enzolytics and its competitors.
Is Enzolytics' Asset Turnover too high?
Enzolytics' current Asset Turnover is 0.12.
How does Enzolytics' Asset Turnover compare to competitors?
Enzolytics' Asset Turnover of 0.12 can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Biotechnology company?
A good Asset Turnover depends on the Biotechnology industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Enzolytics and its competitors. Enzolytics's current Asset Turnover is 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enzolytics stock overvalued right now?
Enzolytics (ENZC) has a current Asset Turnover of 0.12. The current Asset Turnover is 0.12. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Enzolytics (ENZC), the current Asset Turnover is 0.12 as of Jun. 2011. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Enzolytics Business Description

Address 1101 Raintree Circle, Suite 130, Allen, TX, USA, 75013
Enzolytics Inc is a drug development company committed to the commercialization of its proprietary proteins for the treatment of debilitating infectious diseases. The company is committed to creating drugs for the good health of mankind. ENZC's flagship compound, ITV-1, is a suspension of Inactivated Pepsin Fragment (IPF), which studies have shown is effective in the treatment of HIV. IPF is the active drug substance of ITV-1 and is a purified extract of porcine pepsin. ITV-1 has been shown to modulate the immune system. IPF is a platform technology that can be used to facilitate a broad range of applications. It is free from neurological, gastrointestinal and hematological side effects seen in the anti-retrovirals in use.