GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Green Ballast Inc (GREY:GBLL) » Definitions » Asset Turnover

Green Ballast (Green Ballast) Asset Turnover : 0.00 (As of Dec. 2014)


View and export this data going back to 2012. Start your Free Trial

What is Green Ballast Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Green Ballast's Revenue for the three months ended in Dec. 2014 was $0.00 Mil. Green Ballast's Total Assets for the quarter that ended in Dec. 2014 was $2.14 Mil. Therefore, Green Ballast's Asset Turnover for the quarter that ended in Dec. 2014 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Green Ballast's annualized ROE % for the quarter that ended in Dec. 2014 was 0.00%. It is also linked to ROA % through Du Pont Formula. Green Ballast's annualized ROA % for the quarter that ended in Dec. 2014 was 0.00%.


Green Ballast Asset Turnover Historical Data

The historical data trend for Green Ballast'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.

Green Ballast Asset Turnover Chart

Green Ballast Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Asset Turnover
- 0.26 0.54 0.15

Green Ballast Quarterly Data
Sep11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Dec13 Dec14
Asset Turnover Get a 7-Day Free Trial Premium Member Only 0.22 0.08 0.18 - -

Competitive Comparison of Green Ballast's Asset Turnover

For the Electrical Equipment & Parts subindustry, Green Ballast'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.


Green Ballast's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Green Ballast's Asset Turnover distribution charts can be found below:

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



Green Ballast Asset Turnover Calculation

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

Green Ballast's Asset Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2014 )/( (Total Assets (A: Dec. 2013 )+Total Assets (A: Dec. 2014 ))/ count )
=0.318/( (2.354+1.929)/ 2 )
=0.318/2.1415
=0.15

Green Ballast's Asset Turnover for the quarter that ended in Dec. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2014 )/( (Total Assets (Q: Dec. 2013 )+Total Assets (Q: Dec. 2014 ))/ count )
=0/( (2.354+1.929)/ 2 )
=0/2.1415
=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.


Green Ballast  (GREY:GBLL) Asset Turnover Explanation

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

Green Ballast's annulized ROE % for the quarter that ended in Dec. 2014 is

ROE %**(Q: Dec. 2014 )
=Net Income/Total Stockholders Equity
=0/-5.7905
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 2.1415)*(2.1415/ -5.7905)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.3698
=ROA %*Equity Multiplier
=0.00 %*-0.3698
=0.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 2014) net income data. The Revenue data used here is four times the quarterly (Dec. 2014) 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:

Green Ballast's annulized ROA % for the quarter that ended in Dec. 2014 is

ROA %(Q: Dec. 2014 )
=Net Income/Total Assets
=0/2.1415
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 2.1415)
=Net Margin %*Asset Turnover
= %*0
=0.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 2014) net income data. The Revenue data used here is four times the quarterly (Dec. 2014) 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.


Green Ballast Asset Turnover Related Terms

Thank you for viewing the detailed overview of Green Ballast's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Green Ballast (Green Ballast) Business Description

Traded in Other Exchanges
N/A
Address
2620 Thousand Oaks Boulevard, Suite 4000, Memphis, TN, USA, 38118
Green Ballast Inc develops, markets and distributes energy-efficient electronic ballasts for fluorescent fixtures in the lighting industry. The company's electronic ballast is used with a fluorescent bulb to regulate the amount of electric current delivered to start and operate the bulb. It offers energy-efficient electronic ballasts as an alternative to traditional ballasts and existing daylight harvesting ballasts. Its product daylight harvesting ballasts can be applied to two-lamp, three-lamp, or four-lamp light fixtures.

Green Ballast (Green Ballast) Headlines

No Headlines