EZRG (EZRaider Co) Asset Turnover: 0.04 (As of Jun. 2022)


EZRG EZRaider Co EZRG
18 GF Score
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What is EZRaider Co Asset Turnover?

EZRaider Co EZRG 18 Asset Turnover is 0.04 as of Jun. 2022. GuruFocus rates EZRG with a GF Score™ of 18/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. EZRaider Co's Revenue for the three months ended in Jun. 2022 was $0.22 Mil. EZRaider Co's Total Assets for the quarter that ended in Jun. 2022 was $5.20 Mil. Therefore, EZRaider Co's Asset Turnover for the quarter that ended in Jun. 2022 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. EZRaider Co's annualized ROE % for the quarter that ended in Jun. 2022 was -1,049.93%. It is also linked to ROA % through Du Pont Formula. EZRaider Co's annualized ROA % for the quarter that ended in Jun. 2022 was -437.71%.

EZRaider Co  (OTCPK:EZRG) Asset Turnover Explanation

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

EZRaider Co's annulized ROE % for the quarter that ended in Jun. 2022 is

ROE %**(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=-22.752/2.167
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-22.752 / 0.86)*(0.86 / 5.198)*(5.198/ 2.167)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2645.58 %*0.1654*2.3987
=ROA %*Equity Multiplier
=-437.71 %*2.3987
=-1,049.93 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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:

EZRaider Co's annulized ROA % for the quarter that ended in Jun. 2022 is

ROA %(Q: Jun. 2022 )
=Net Income/Total Assets
=-22.752/5.198
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-22.752 / 0.86)*(0.86 / 5.198)
=Net Margin %*Asset Turnover
=-2645.58 %*0.1654
=-437.71 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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.

EZRaider Co Asset Turnover Related Terms

EZRaider Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for EZRaider Co'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.

EZRaider Co Asset Turnover Chart

EZRaider Co Annual Data
Trend Feb20
Asset Turnover
0.00

EZRaider Co Quarterly Data
Aug20 Nov20 Feb21 Aug21 Nov21 Mar22 Jun22
Asset Turnover Get a 7-Day Free Trial 0.12 0.00 0.04 0.09 0.04

EZRG vs HMCO, ACDI, ESM: Asset Turnover Comparison

For the Shell Companies subindustry, EZRaider Co'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.

EZRaider Co Asset Turnover vs Diversified Financial Services Industry

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

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


EZRG
18GF Score
EZRaider Co EZRG
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EZRaider Co Asset Turnover Calculation

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

EZRaider Co's Asset Turnover for the fiscal year that ended in Feb. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Feb. 2020 )/( (Total Assets (A: . 20 )+Total Assets (A: Feb. 2020 ))/ count )
=/( (+)/ )
=/
=

EZRaider Co's Asset Turnover for the quarter that ended in Jun. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Jun. 2022 ))/ count )
=0.215/( (4.972+5.424)/ 2 )
=0.215/5.198
=0.04

* 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 0.04 mean?
EZRaider Co (EZRG) has a Asset Turnover of 0.04 as of Jun. 2022. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on EZRaider Co and its competitors.
Is EZRaider Co's Asset Turnover too high?
EZRaider Co's current Asset Turnover is 0.04. Overall, EZRaider Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does EZRaider Co's Asset Turnover compare to HMCO and ACDI?
EZRaider Co's Asset Turnover of 0.04 can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Asset Turnover depends on the Diversified Financial Services 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 EZRaider Co and its competitors. EZRaider Co's current Asset Turnover is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EZRaider Co stock overvalued right now?
EZRaider Co (EZRG) has a current Asset Turnover of 0.04. The current Asset Turnover is 0.04. EZRaider Co's overall GF Score™ is 18/100. 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 EZRaider Co (EZRG), the current Asset Turnover is 0.04 as of Jun. 2022. 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.

EZRaider Co Business Description

Address 1303 Central Avenue South, Unit D, Kent, WA, USA, 98032
EZRaider Co engages in providing manned tactical electric vehicles. Its products include EZRaider LW, EZRaider HD2, EZRaider HD4, and EZRaider E Cart HD.
18GF Score

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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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