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Integrated Environmental Technologies (Integrated Environmental Technologies) Asset Turnover : 0.10 (As of Sep. 2016)


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What is Integrated Environmental Technologies Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Integrated Environmental Technologies's Revenue for the three months ended in Sep. 2016 was $0.06 Mil. Integrated Environmental Technologies's Total Assets for the quarter that ended in Sep. 2016 was $0.58 Mil. Therefore, Integrated Environmental Technologies's Asset Turnover for the quarter that ended in Sep. 2016 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. Integrated Environmental Technologies's annualized ROE % for the quarter that ended in Sep. 2016 was 140.43%. It is also linked to ROA % through Du Pont Formula. Integrated Environmental Technologies's annualized ROA % for the quarter that ended in Sep. 2016 was -441.92%.


Integrated Environmental Technologies Asset Turnover Historical Data

The historical data trend for Integrated Environmental Technologies'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.

Integrated Environmental Technologies Asset Turnover Chart

Integrated Environmental Technologies Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.24 0.13 0.15 0.55

Integrated Environmental Technologies Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 0.12 0.13 0.04 0.14 0.10

Competitive Comparison of Integrated Environmental Technologies's Asset Turnover

For the Chemicals subindustry, Integrated Environmental Technologies'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.


Integrated Environmental Technologies's Asset Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Integrated Environmental Technologies's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Integrated Environmental Technologies's Asset Turnover falls into.



Integrated Environmental Technologies Asset Turnover Calculation

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

Integrated Environmental Technologies's Asset Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2015 )/( (Total Assets (A: Dec. 2014 )+Total Assets (A: Dec. 2015 ))/ count )
=0.589/( (0.909+1.238)/ 2 )
=0.589/1.0735
=0.55

Integrated Environmental Technologies's Asset Turnover for the quarter that ended in Sep. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2016 )/( (Total Assets (Q: Jun. 2016 )+Total Assets (Q: Sep. 2016 ))/ count )
=0.056/( (0.514+0.65)/ 2 )
=0.056/0.582
=0.10

* 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.


Integrated Environmental Technologies  (OTCPK:IEVM) Asset Turnover Explanation

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

Integrated Environmental Technologies's annulized ROE % for the quarter that ended in Sep. 2016 is

ROE %**(Q: Sep. 2016 )
=Net Income/Total Stockholders Equity
=-2.572/-1.8315
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.572 / 0.224)*(0.224 / 0.582)*(0.582/ -1.8315)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1148.21 %*0.3849*-0.3178
=ROA %*Equity Multiplier
=-441.92 %*-0.3178
=140.43 %

Note: The Net Income data used here is four times the quarterly (Sep. 2016) net income data. The Revenue data used here is four times the quarterly (Sep. 2016) 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:

Integrated Environmental Technologies's annulized ROA % for the quarter that ended in Sep. 2016 is

ROA %(Q: Sep. 2016 )
=Net Income/Total Assets
=-2.572/0.582
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.572 / 0.224)*(0.224 / 0.582)
=Net Margin %*Asset Turnover
=-1148.21 %*0.3849
=-441.92 %

Note: The Net Income data used here is four times the quarterly (Sep. 2016) net income data. The Revenue data used here is four times the quarterly (Sep. 2016) 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.


Integrated Environmental Technologies Asset Turnover Related Terms

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Integrated Environmental Technologies (Integrated Environmental Technologies) Business Description

Traded in Other Exchanges
N/A
Address
4235 Commerce Street, Little River, SC, USA, 29566
Integrated Environmental Technologies Ltd is a US based company engaged in the production of a hypochlorous acid based solution, commonly known as anolyte and anti-oxidizing, mildly alkaline solution, commonly known as catholyte. It markets anolyte under the brand name Excelyte and catholyte under the brand name Catholyte Zero. The group also manufactures equipment to produce Excelyte and Catholyte Zero. It sells the products to customers in the oil and gas industry and in other industries. Its oil and gas customers are located in Utah, New Mexico and Texas and the other customers are located in the geographical regions throughout the US. The firm segments its activities in the oil and gas business into three categories, Well Maintenance, Drilling and Completions and Water Remediation.
Executives
Lavance David R Jr director, officer: President and CEO C/O HOLOGIC, INC., BEDFORD MA 01730
Anthony Iii Giordano director 4 KELLY LANE, LONG BRANCH NJ 07740
Kubacki Raymond C Jr director 125 NAGOG PARK, ACTON MA 01720
William E Prince director, officer: President & CEO
Paul Branagan other: Former Director of the Company
Gary Grieco 10 percent owner 10457 W. 84TH TERRACE, LENEXA KS 66214

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