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For The Earth (For The Earth) Asset Turnover : 0.00 (As of Sep. 2004)


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What is For The Earth Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. For The Earth's Revenue for the three months ended in Sep. 2004 was $0.00 Mil. For The Earth's Total Assets for the quarter that ended in Sep. 2004 was $0.22 Mil. Therefore, For The Earth's Asset Turnover for the quarter that ended in Sep. 2004 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. For The Earth's annualized ROE % for the quarter that ended in Sep. 2004 was 132.09%. It is also linked to ROA % through Du Pont Formula. For The Earth's annualized ROA % for the quarter that ended in Sep. 2004 was -293.09%.


For The Earth Asset Turnover Historical Data

The historical data trend for For The Earth'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.

For The Earth Asset Turnover Chart

For The Earth Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03
Asset Turnover
0.07 0.36 1.73 3.66 -

For The Earth Quarterly Data
Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04
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 - - 0.08 - -

Competitive Comparison of For The Earth's Asset Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, For The Earth'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.


For The Earth's Asset Turnover Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, For The Earth's Asset Turnover distribution charts can be found below:

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



For The Earth Asset Turnover Calculation

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

For The Earth's Asset Turnover for the fiscal year that ended in Dec. 2003 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2003 )/( (Total Assets (A: Dec. 2002 )+Total Assets (A: Dec. 2003 ))/ count )
=0/( (0.831+0.353)/ 2 )
=0/0.592
=0.00

For The Earth's Asset Turnover for the quarter that ended in Sep. 2004 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2004 )/( (Total Assets (Q: Jun. 2004 )+Total Assets (Q: Sep. 2004 ))/ count )
=0/( (0.252+0.182)/ 2 )
=0/0.217
=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.


For The Earth  (OTCPK:FTEG) Asset Turnover Explanation

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

For The Earth's annulized ROE % for the quarter that ended in Sep. 2004 is

ROE %**(Q: Sep. 2004 )
=Net Income/Total Stockholders Equity
=-0.636/-0.4815
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.636 / 0)*(0 / 0.217)*(0.217/ -0.4815)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.4507
=ROA %*Equity Multiplier
=-293.09 %*-0.4507
=132.09 %

Note: The Net Income data used here is four times the quarterly (Sep. 2004) net income data. The Revenue data used here is four times the quarterly (Sep. 2004) 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:

For The Earth's annulized ROA % for the quarter that ended in Sep. 2004 is

ROA %(Q: Sep. 2004 )
=Net Income/Total Assets
=-0.636/0.217
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.636 / 0)*(0 / 0.217)
=Net Margin %*Asset Turnover
= %*0
=-293.09 %

Note: The Net Income data used here is four times the quarterly (Sep. 2004) net income data. The Revenue data used here is four times the quarterly (Sep. 2004) 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.


For The Earth Asset Turnover Related Terms

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For The Earth (For The Earth) Business Description

Traded in Other Exchanges
N/A
Address
2375 East Camelback Road, Suite 600, Phoenix, AZ, USA, 85016
For The Earth Corp is an emerging integrated CBD producer and retailer in the United States. The company is in the process of establishing a vertical framework that will extend from cultivation to extraction and production to a strategic retail footprint that includes multiple locations in Las Vegas and New York featuring mall kiosks, vending machines, e-commerce, and full store locations serving both the human and pet CBD markets.