HAON (Halitron) Asset Turnover: 0.16 (As of Jun. 2008)

What is Halitron Asset Turnover?

Halitron HAON -99.00% Asset Turnover is 0.16 as of Jun. 2008.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Halitron's Revenue for the three months ended in Jun. 2008 was $0.11 Mil. Halitron's Total Assets for the quarter that ended in Jun. 2008 was $0.69 Mil. Therefore, Halitron's Asset Turnover for the quarter that ended in Jun. 2008 was 0.16.

Asset Turnover is linked to ROE % through Du Pont Formula. Halitron's annualized ROE % for the quarter that ended in Jun. 2008 was 111.57%. It is also linked to ROA % through Du Pont Formula. Halitron's annualized ROA % for the quarter that ended in Jun. 2008 was -283.31%.

Halitron (OTCPK:HAON) Asset Turnover Explanation

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

Halitron's annulized ROE % for the quarter that ended in Jun. 2008 is

	ROE %^**		(Q: Jun. 2008 )
=	Net Income	/	Total Stockholders Equity
=	-1.952	/	-1.7495
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-1.952 / 0.448)	*	(0.448 / 0.689)	*	(0.689/ -1.7495)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	-435.71 %	*	0.6502	*	-0.3938
=	ROA %	*	Equity Multiplier
=	-283.31 %	*	-0.3938
=	111.57 %

Note: The Net Income data used here is four times the quarterly (Jun. 2008) net income data. The Revenue data used here is four times the quarterly (Jun. 2008) 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:

Halitron's annulized ROA % for the quarter that ended in Jun. 2008 is

	ROA %		(Q: Jun. 2008 )
=	Net Income	/	Total Assets
=	-1.952	/	0.689
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(-1.952 / 0.448)	*	(0.448 / 0.689)
=	Net Margin %	*	Asset Turnover
=	-435.71 %	*	0.6502
=	-283.31 %

Note: The Net Income data used here is four times the quarterly (Jun. 2008) net income data. The Revenue data used here is four times the quarterly (Jun. 2008) revenue data.

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.

Halitron Asset Turnover Related Terms

Halitron Asset Turnover Historical Data

* Premium members only.

The historical data trend for Halitron's Asset Turnover can be seen below:

Halitron Asset Turnover Chart

Halitron Annual Data

Trend

Sep05

Sep06

Sep07

Asset Turnover

0.00

0.02

0.00

Halitron Quarterly Data
	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08
Asset Turnover	Get a 7-Day Free Trial								0.00	0.00	0.00	0.54	0.16

HAON vs PHIL, AAMTF, QMCI: Asset Turnover Comparison

For the Capital Markets subindustry, Halitron'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.

Halitron Asset Turnover vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Halitron's Asset Turnover distribution charts can be found below:

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

Save Embed

Halitron Asset Turnover Calculation

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

Halitron's Asset Turnover for the fiscal year that ended in Sep. 2007 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (A: Sep. 2007 )	/	( (Total Assets (A: Sep. 2006 )	+	Total Assets (A: Sep. 2007 ))	/ count )
=	0	/	( (0.361	+	0.304)	/ 2 )
=	0	/	0.3325
=	0.00

Halitron's Asset Turnover for the quarter that ended in Jun. 2008 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: Jun. 2008 )	/	( (Total Assets (Q: Mar. 2008 )	+	Total Assets (Q: Jun. 2008 ))	/ count )
=	0.112	/	( (0.759	+	0.619)	/ 2 )
=	0.112	/	0.689
=	0.16

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 0.16 mean?

Halitron (HAON) has a Asset Turnover of 0.16 as of Jun. 2008. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Halitron and its competitors.

Is Halitron's Asset Turnover too high?

Halitron's current Asset Turnover is 0.16.

How does Halitron's Asset Turnover compare to PHIL and AAMTF?

Halitron's Asset Turnover of 0.16 can be compared against companies in the Capital Markets 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 Capital Markets company?

A good Asset Turnover depends on the Capital Markets 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 Halitron and its competitors. Halitron's current Asset Turnover is 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Halitron stock overvalued right now?

Halitron (HAON) has a current Asset Turnover of 0.16. The current Asset Turnover is 0.16. 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 Halitron (HAON), the current Asset Turnover is 0.16 as of Jun. 2008. 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.

Halitron Business Description

Industry Financial Services Capital Markets

Comparable Companies PHIL AAMTF QMCI DIGAF GAHC IFMI PNPFF GOPH MNTR FGCO TST NHLD FBRC CSGGF SIEB CURN JMP AMRK CFLSF AC

Address 3 Simm Lane, Suite 2F, Newtown, CT, USA, 06470

Website http://www.halitroninc.com

Halitron Inc is a multisector holding company. It is focused on acquiring sales, marketing, and manufacturing businesses, and then rolling them into an efficient, low-cost operating infrastructure.