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GECSF (Global Education Communities) Asset Turnover : 0.04 (As of Nov. 2024)


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What is Global Education Communities Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Global Education Communities's Revenue for the three months ended in Nov. 2024 was $12.71 Mil. Global Education Communities's Total Assets for the quarter that ended in Nov. 2024 was $332.51 Mil. Therefore, Global Education Communities's Asset Turnover for the quarter that ended in Nov. 2024 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Global Education Communities's annualized ROE % for the quarter that ended in Nov. 2024 was -35.24%. It is also linked to ROA % through Du Pont Formula. Global Education Communities's annualized ROA % for the quarter that ended in Nov. 2024 was -1.86%.


Global Education Communities Asset Turnover Historical Data

The historical data trend for Global Education Communities'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.

Global Education Communities Asset Turnover Chart

Global Education Communities Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.13 0.15 0.16 0.16

Global Education Communities Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 Premium Member Only 0.05 0.04 0.04 0.04 0.04

Competitive Comparison of Global Education Communities's Asset Turnover

For the Education & Training Services subindustry, Global Education Communities'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.


Global Education Communities's Asset Turnover Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Global Education Communities's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Global Education Communities's Asset Turnover falls into.



Global Education Communities Asset Turnover Calculation

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

Global Education Communities's Asset Turnover for the fiscal year that ended in Aug. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Aug. 2024 )/( (Total Assets (A: Aug. 2023 )+Total Assets (A: Aug. 2024 ))/ count )
=56.42/( (369.255+348.012)/ 2 )
=56.42/358.6335
=0.16

Global Education Communities's Asset Turnover for the quarter that ended in Nov. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Nov. 2024 )/( (Total Assets (Q: Aug. 2024 )+Total Assets (Q: Nov. 2024 ))/ count )
=12.705/( (348.012+317.009)/ 2 )
=12.705/332.5105
=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.


Global Education Communities  (OTCPK:GECSF) Asset Turnover Explanation

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

Global Education Communities's annulized ROE % for the quarter that ended in Nov. 2024 is

ROE %**(Q: Nov. 2024 )
=Net Income/Total Stockholders Equity
=-6.18/17.536
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-6.18 / 50.82)*(50.82 / 332.5105)*(332.5105/ 17.536)
=Net Margin %*Asset Turnover*Equity Multiplier
=-12.16 %*0.1528*18.9616
=ROA %*Equity Multiplier
=-1.86 %*18.9616
=-35.24 %

Note: The Net Income data used here is four times the quarterly (Nov. 2024) net income data. The Revenue data used here is four times the quarterly (Nov. 2024) 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:

Global Education Communities's annulized ROA % for the quarter that ended in Nov. 2024 is

ROA %(Q: Nov. 2024 )
=Net Income/Total Assets
=-6.18/332.5105
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-6.18 / 50.82)*(50.82 / 332.5105)
=Net Margin %*Asset Turnover
=-12.16 %*0.1528
=-1.86 %

Note: The Net Income data used here is four times the quarterly (Nov. 2024) net income data. The Revenue data used here is four times the quarterly (Nov. 2024) 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.


Global Education Communities Asset Turnover Related Terms

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Global Education Communities Business Description

Traded in Other Exchanges
Address
777 West Broadway, Suite 1200, Vancouver, BC, CAN, V5Z 4J7
Global Education Communities Corp is an educational and student-housing real estate company. Its business operations include education, media communications, revenue-producing properties, and real estate development. The company currently has five main business units, namely Sprott Shaw College Corp. (SSCC), Sprott Shaw Language College (SSLC), including Vancouver International College (VIC), CIBT School of Business & Technology (CIBT), IRIX Design Group Inc. (IRIX) and Global Education City Holdings Inc. (GECH). The majority of the company's revenue is generated from its Sprott Shaw College Corp. (SSCC) unit.