Asset Turnover is linked to ROE % through Du Pont Formula. Independent Film Development's annualizedROE % for the quarter that ended in Jun. 2016 was 82.67%. It is also linked to ROA % through Du Pont Formula. Independent Film Development's annualizedROA % for the quarter that ended in Jun. 2016 was -1,895.19%.
Independent Film Development (OTCPK:IFLM) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Independent Film Development's annulizedROE % for the quarter that ended in Jun. 2016 is
Note:
The Net Income data used here is four times the quarterly (Jun. 2016) net income data. The Revenue data used here is four times the quarterly (Jun. 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:
Independent Film Development's annulizedROA % for the quarter that ended in Jun. 2016 is
Note:
The Net Income data used here is four times the quarterly (Jun. 2016) net income data. The Revenue data used here is four times the quarterly (Jun. 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.
Independent Film Development Asset Turnover Related Terms
Independent Film Development Asset Turnover Historical 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.
IFLM vs ASKH, CRCO, PTSX: Asset Turnover Comparison
For the Entertainment subindustry, Independent Film Development'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.
Independent Film Development Asset Turnover vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Independent Film Development's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Independent Film Development's Asset Turnover falls into.
* 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.
Independent Film Development (IFLM) has a Asset Turnover of 0.62 as of Jun. 2016. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Independent Film Development and its competitors.
Is Independent Film Development's Asset Turnover too high?
Independent Film Development's current Asset Turnover is 0.62.
How does Independent Film Development's Asset Turnover compare to ASKH and CRCO?
Independent Film Development's Asset Turnover of 0.62 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Asset Turnover depends on the Media - Diversified 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 Independent Film Development and its competitors. Independent Film Development's current Asset Turnover is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Independent Film Development stock overvalued right now?
Independent Film Development (IFLM) has a current Asset Turnover of 0.62. The current Asset Turnover is 0.62. 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 Independent Film Development (IFLM), the current Asset Turnover is 0.62 as of Jun. 2016. 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.
Independent Film Development Corp has its business spread through three domains. It holds interests in C2C Restaurant Group, Inc. (C2C), a restaurant holding company. The company focuses on the development of content creation/distribution projects, both in the form of original theatrical material, as well as related and/or derivative programming related to the operations of C2C. The firm also intends to acquire real estate assets.
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