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Greenchek Technology (Greenchek Technology) Asset Turnover : 0.00 (As of Nov. 2010)


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What is Greenchek Technology Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Greenchek Technology's Revenue for the three months ended in Nov. 2010 was $0.00 Mil. Greenchek Technology's Total Assets for the quarter that ended in Nov. 2010 was $0.10 Mil. Therefore, Greenchek Technology's Asset Turnover for the quarter that ended in Nov. 2010 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Greenchek Technology's annualized ROE % for the quarter that ended in Nov. 2010 was 40.26%. It is also linked to ROA % through Du Pont Formula. Greenchek Technology's annualized ROA % for the quarter that ended in Nov. 2010 was -1,215.84%.


Greenchek Technology Asset Turnover Historical Data

The historical data trend for Greenchek Technology'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.

Greenchek Technology Asset Turnover Chart

Greenchek Technology Annual Data
Trend Feb07 Feb08 Feb09 Feb10
Asset Turnover
- - - -

Greenchek Technology Quarterly Data
May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10
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 - - 0.04 - -

Competitive Comparison of Greenchek Technology's Asset Turnover

For the Pollution & Treatment Controls subindustry, Greenchek Technology'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.


Greenchek Technology's Asset Turnover Distribution in the Industrial Products Industry

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

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



Greenchek Technology Asset Turnover Calculation

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

Greenchek Technology's Asset Turnover for the fiscal year that ended in Feb. 2010 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Feb. 2010 )/( (Total Assets (A: Feb. 2009 )+Total Assets (A: Feb. 2010 ))/ count )
=0/( (0.008+0.09)/ 2 )
=0/0.049
=0.00

Greenchek Technology's Asset Turnover for the quarter that ended in Nov. 2010 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Nov. 2010 )/( (Total Assets (Q: Aug. 2010 )+Total Assets (Q: Nov. 2010 ))/ count )
=0/( (0.133+0.069)/ 2 )
=0/0.101
=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.


Greenchek Technology  (OTCPK:GCHK) Asset Turnover Explanation

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

Greenchek Technology's annulized ROE % for the quarter that ended in Nov. 2010 is

ROE %**(Q: Nov. 2010 )
=Net Income/Total Stockholders Equity
=-1.228/-3.0505
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.228 / 0)*(0 / 0.101)*(0.101/ -3.0505)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.0331
=ROA %*Equity Multiplier
=-1,215.84 %*-0.0331
=40.26 %

Note: The Net Income data used here is four times the quarterly (Nov. 2010) net income data. The Revenue data used here is four times the quarterly (Nov. 2010) 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:

Greenchek Technology's annulized ROA % for the quarter that ended in Nov. 2010 is

ROA %(Q: Nov. 2010 )
=Net Income/Total Assets
=-1.228/0.101
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.228 / 0)*(0 / 0.101)
=Net Margin %*Asset Turnover
= %*0
=-1,215.84 %

Note: The Net Income data used here is four times the quarterly (Nov. 2010) net income data. The Revenue data used here is four times the quarterly (Nov. 2010) 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.


Greenchek Technology Asset Turnover Related Terms

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Greenchek Technology (Greenchek Technology) Business Description

Traded in Other Exchanges
N/A
Address
7901 4th St. N, Suite 6394, Saint Petersburg, FL, USA, 33702
Greenchek Technology Inc is engaged in manufacturing, marketing, and distributing of products designed to reduce gas emissions by motor vehicles through the use of hydrogen technology. The company's product ERD provides Emission Reduction and Fuel enhancement Technology. It serves Heavy Goods Vehicles; Locomotives; Buses; Automobiles and Generators markets. The company's segment includes Hydrogen energy for emission reduction and Hydrogen energy based Cryptocurrency self mining.

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