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Green Planet Group (Green Planet Group) Asset Turnover : 1.26 (As of Sep. 2011)


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What is Green Planet Group 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 Planet Group's Revenue for the three months ended in Sep. 2011 was $6.26 Mil. Green Planet Group's Total Assets for the quarter that ended in Sep. 2011 was $4.98 Mil. Therefore, Green Planet Group's Asset Turnover for the quarter that ended in Sep. 2011 was 1.26.

Asset Turnover is linked to ROE % through Du Pont Formula. Green Planet Group's annualized ROE % for the quarter that ended in Sep. 2011 was -270.99%. It is also linked to ROA % through Du Pont Formula. Green Planet Group's annualized ROA % for the quarter that ended in Sep. 2011 was 1,413.63%.


Green Planet Group Asset Turnover Historical Data

The historical data trend for Green Planet Group'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 Planet Group Asset Turnover Chart

Green Planet Group Annual Data
Trend Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11
Asset Turnover
Get a 7-Day Free Trial 0.41 0.73 0.71 3.11 3.58

Green Planet Group Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 0.75 0.70 0.83 1.56 1.26

Competitive Comparison of Green Planet Group's Asset Turnover

For the Specialty Chemicals subindustry, Green Planet Group'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 Planet Group's Asset Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Green Planet Group's Asset Turnover distribution charts can be found below:

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



Green Planet Group Asset Turnover Calculation

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

Green Planet Group's Asset Turnover for the fiscal year that ended in Mar. 2011 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2011 )/( (Total Assets (A: Mar. 2010 )+Total Assets (A: Mar. 2011 ))/ count )
=37.07/( (15.135+5.589)/ 2 )
=37.07/10.362
=3.58

Green Planet Group's Asset Turnover for the quarter that ended in Sep. 2011 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2011 )/( (Total Assets (Q: Jun. 2011 )+Total Assets (Q: Sep. 2011 ))/ count )
=6.261/( (6.056+3.907)/ 2 )
=6.261/4.9815
=1.26

* 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 Planet Group  (OTCPK:GNPG) Asset Turnover Explanation

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

Green Planet Group's annulized ROE % for the quarter that ended in Sep. 2011 is

ROE %**(Q: Sep. 2011 )
=Net Income/Total Stockholders Equity
=70.42/-25.9865
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(70.42 / 25.044)*(25.044 / 4.9815)*(4.9815/ -25.9865)
=Net Margin %*Asset Turnover*Equity Multiplier
=281.19 %*5.0274*-0.1917
=ROA %*Equity Multiplier
=1,413.63 %*-0.1917
=-270.99 %

Note: The Net Income data used here is four times the quarterly (Sep. 2011) net income data. The Revenue data used here is four times the quarterly (Sep. 2011) 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 Planet Group's annulized ROA % for the quarter that ended in Sep. 2011 is

ROA %(Q: Sep. 2011 )
=Net Income/Total Assets
=70.42/4.9815
=(Net Income / Revenue)*(Revenue / Total Assets)
=(70.42 / 25.044)*(25.044 / 4.9815)
=Net Margin %*Asset Turnover
=281.19 %*5.0274
=1,413.63 %

Note: The Net Income data used here is four times the quarterly (Sep. 2011) net income data. The Revenue data used here is four times the quarterly (Sep. 2011) 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 Planet Group Asset Turnover Related Terms

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Green Planet Group (Green Planet Group) Business Description

Traded in Other Exchanges
N/A
Address
3259 E. Harbour Drive, Suite 101, Phoenix, AZ, USA, 85034
Green Planet Group Inc, through its subsidiaries, is engaged in the following businesses: production of lubricants and additives for gasoline and diesel-fueled engines; developing a hydrogen generator that reduces hydrocarbon emissions while improving fuel efficiency; developing a new "fast track" growing system capable of growing vast amounts of fresh organic food at the point of consumption reducing transportation costs while reducing water use by 90+% and increasing productivity by 300%; and developing green technologies for use in the mining of rare and precious metals and elements.

Green Planet Group (Green Planet Group) Headlines