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American Blockchain (American Blockchain) Asset Turnover : 2.00 (As of Dec. 2007)


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What is American Blockchain Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. American Blockchain's Revenue for the three months ended in Dec. 2007 was $0.09 Mil. American Blockchain's Total Assets for the quarter that ended in Dec. 2007 was $0.05 Mil. Therefore, American Blockchain's Asset Turnover for the quarter that ended in Dec. 2007 was 2.00.

Asset Turnover is linked to ROE % through Du Pont Formula. American Blockchain's annualized ROE % for the quarter that ended in Dec. 2007 was 51.99%. It is also linked to ROA % through Du Pont Formula. American Blockchain's annualized ROA % for the quarter that ended in Dec. 2007 was -929.03%.


American Blockchain Asset Turnover Historical Data

The historical data trend for American Blockchain'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.

American Blockchain Asset Turnover Chart

American Blockchain Annual Data
Trend Mar00 Mar01 Mar02 Mar03 Mar04 Mar05 Mar06
Asset Turnover
Get a 7-Day Free Trial 0.24 2.69 1.36 2.00 1.17

American Blockchain Quarterly Data
Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07
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 0.24 0.54 1.90 - 2.00

Competitive Comparison of American Blockchain's Asset Turnover

For the Shell Companies subindustry, American Blockchain'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.


American Blockchain's Asset Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, American Blockchain's Asset Turnover distribution charts can be found below:

* The bar in red indicates where American Blockchain's Asset Turnover falls into.



American Blockchain Asset Turnover Calculation

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

American Blockchain's Asset Turnover for the fiscal year that ended in Mar. 2006 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2006 )/( (Total Assets (A: Mar. 2005 )+Total Assets (A: Mar. 2006 ))/ count )
=0.569/( (0.618+0.352)/ 2 )
=0.569/0.485
=1.17

American Blockchain's Asset Turnover for the quarter that ended in Dec. 2007 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2007 )/( (Total Assets (Q: Sep. 2007 )+Total Assets (Q: Dec. 2007 ))/ count )
=0.093/( (0.042+0.051)/ 2 )
=0.093/0.0465
=2.00

* 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.


American Blockchain  (OTCPK:GVSI) Asset Turnover Explanation

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

American Blockchain's annulized ROE % for the quarter that ended in Dec. 2007 is

ROE %**(Q: Dec. 2007 )
=Net Income/Total Stockholders Equity
=-0.432/-0.831
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.432 / 0.372)*(0.372 / 0.0465)*(0.0465/ -0.831)
=Net Margin %*Asset Turnover*Equity Multiplier
=-116.13 %*8*-0.056
=ROA %*Equity Multiplier
=-929.03 %*-0.056
=51.99 %

Note: The Net Income data used here is four times the quarterly (Dec. 2007) net income data. The Revenue data used here is four times the quarterly (Dec. 2007) 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:

American Blockchain's annulized ROA % for the quarter that ended in Dec. 2007 is

ROA %(Q: Dec. 2007 )
=Net Income/Total Assets
=-0.432/0.0465
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.432 / 0.372)*(0.372 / 0.0465)
=Net Margin %*Asset Turnover
=-116.13 %*8
=-929.03 %

Note: The Net Income data used here is four times the quarterly (Dec. 2007) net income data. The Revenue data used here is four times the quarterly (Dec. 2007) 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.


American Blockchain Asset Turnover Related Terms

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American Blockchain (American Blockchain) Business Description

Traded in Other Exchanges
N/A
Address
3535 Executive Terminal Drive, Suite 110, Henderson, NV, USA, 89052
Good Vibration Shoes Inc is an opportunistic investor seeking assets in the blockchain industry.

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