GSDC (Goldsands Development Co) Asset Turnover: 0.00 (As of Sep. 2011)


What is Goldsands Development Co Asset Turnover?

Goldsands Development Co GSDC -99.67% Asset Turnover is 0.00 as of Sep. 2011.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Goldsands Development Co's Revenue for the three months ended in Sep. 2011 was $0.00 Mil. Goldsands Development Co's Total Assets for the quarter that ended in Sep. 2011 was $0.37 Mil. Therefore, Goldsands Development Co's Asset Turnover for the quarter that ended in Sep. 2011 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Goldsands Development Co's annualized ROE % for the quarter that ended in Sep. 2011 was 122.02%. It is also linked to ROA % through Du Pont Formula. Goldsands Development Co's annualized ROA % for the quarter that ended in Sep. 2011 was -648.18%.


Goldsands Development Co  (OTCPK:GSDC) Asset Turnover Explanation

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

Goldsands Development Co's annulized ROE % for the quarter that ended in Sep. 2011 is

ROE %**(Q: Sep. 2011 )
=Net Income/Total Stockholders Equity
=-2.408/-1.9735
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.408 / 0)*(0 / 0.3715)*(0.3715/ -1.9735)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.1882
=ROA %*Equity Multiplier
=-648.18 %*-0.1882
=122.02 %

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:

Goldsands Development Co's annulized ROA % for the quarter that ended in Sep. 2011 is

ROA %(Q: Sep. 2011 )
=Net Income/Total Assets
=-2.408/0.3715
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.408 / 0)*(0 / 0.3715)
=Net Margin %*Asset Turnover
= %*0
=-648.18 %

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.


Goldsands Development Co Asset Turnover Related Terms


Goldsands Development Co Asset Turnover Historical Data

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The historical data trend for Goldsands Development Co'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.

Goldsands Development Co Asset Turnover Chart

Goldsands Development Co Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Asset Turnover
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Goldsands Development Co 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 0.00 0.00 0.00 0.00 0.00

GSDC vs AGLAF, KSTBF, CHSO: Asset Turnover Comparison

For the Gold subindustry, Goldsands Development Co'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.


Goldsands Development Co Asset Turnover vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Goldsands Development Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Goldsands Development Co's Asset Turnover falls into.



Goldsands Development Co Asset Turnover Calculation

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

Goldsands Development Co's Asset Turnover for the fiscal year that ended in Dec. 2010 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2010 )/( (Total Assets (A: Dec. 2009 )+Total Assets (A: Dec. 2010 ))/ count )
=0/( (20.43+0.299)/ 2 )
=0/10.3645
=0.00

Goldsands Development Co'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 )
=0/( (0.394+0.349)/ 2 )
=0/0.3715
=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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.00 mean?
Goldsands Development Co (GSDC) has a Asset Turnover of 0.00 as of Sep. 2011. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Goldsands Development Co and its competitors.
Is Goldsands Development Co's Asset Turnover too high?
Goldsands Development Co's current Asset Turnover is 0.00.
How does Goldsands Development Co's Asset Turnover compare to AGLAF and KSTBF?
Goldsands Development Co's Asset Turnover of 0.00 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Metals & Mining company?
A good Asset Turnover depends on the Metals & Mining industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Goldsands Development Co and its competitors. Goldsands Development Co's current Asset Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldsands Development Co stock overvalued right now?
Goldsands Development Co (GSDC) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Goldsands Development Co (GSDC), the current Asset Turnover is 0.00 as of Sep. 2011. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Goldsands Development Co Business Description

Address Calle Juan Fanning 219, Miraflores, Lima, PER
Goldsands Development Co is a U.S. based company engages in the exploration and development of gold deposits in Peru.