ITNF (Internet Infinity) Asset Turnover: 0.00 (As of Sep. 2013)


What is Internet Infinity Asset Turnover?

Internet Infinity ITNF Asset Turnover is 0.00 as of Sep. 2013.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Internet Infinity's Revenue for the three months ended in Sep. 2013 was $0.00 Mil. Internet Infinity's Total Assets for the quarter that ended in Sep. 2013 was $0.01 Mil. Therefore, Internet Infinity's Asset Turnover for the quarter that ended in Sep. 2013 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Internet Infinity's annualized ROE % for the quarter that ended in Sep. 2013 was 5.84%. It is also linked to ROA % through Du Pont Formula. Internet Infinity's annualized ROA % for the quarter that ended in Sep. 2013 was -880.00%.

Internet Infinity  (OTCPK:ITNF) Asset Turnover Explanation

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

Internet Infinity's annulized ROE % for the quarter that ended in Sep. 2013 is

ROE %**(Q: Sep. 2013 )
=Net Income/Total Stockholders Equity
=-0.044/-0.753
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.044 / 0)*(0 / 0.005)*(0.005/ -0.753)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.0066
=ROA %*Equity Multiplier
=-880.00 %*-0.0066
=5.84 %

Note: The Net Income data used here is four times the quarterly (Sep. 2013) net income data. The Revenue data used here is four times the quarterly (Sep. 2013) 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:

Internet Infinity's annulized ROA % for the quarter that ended in Sep. 2013 is

ROA %(Q: Sep. 2013 )
=Net Income/Total Assets
=-0.044/0.005
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.044 / 0)*(0 / 0.005)
=Net Margin %*Asset Turnover
= %*0
=-880.00 %

Note: The Net Income data used here is four times the quarterly (Sep. 2013) net income data. The Revenue data used here is four times the quarterly (Sep. 2013) 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.

Internet Infinity Asset Turnover Related Terms

Internet Infinity Asset Turnover Historical Data

* Premium members only.

The historical data trend for Internet Infinity'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.

Internet Infinity Asset Turnover Chart

Internet Infinity Annual Data
Trend Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.56 1.63

Internet Infinity Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 0.46 0.80 0.55 0.67 0.00

ITNF vs DKGH, CYBF, QPAGD: Asset Turnover Comparison

For the Specialty Business Services subindustry, Internet Infinity'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.

Internet Infinity Asset Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, Internet Infinity's Asset Turnover distribution charts can be found below:

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


Internet Infinity Asset Turnover Calculation

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

Internet Infinity's Asset Turnover for the fiscal year that ended in Mar. 2013 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2013 )/( (Total Assets (A: Mar. 2012 )+Total Assets (A: Mar. 2013 ))/ count )
=0.013/( (0.009+0.007)/ 2 )
=0.013/0.008
=1.63

Internet Infinity's Asset Turnover for the quarter that ended in Sep. 2013 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2013 )/( (Total Assets (Q: Jun. 2013 )+Total Assets (Q: Sep. 2013 ))/ count )
=0/( (0.005+0)/ 1 )
=0/0.005
=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?
Internet Infinity (ITNF) has a Asset Turnover of 0.00 as of Sep. 2013. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Internet Infinity and its competitors.
Is Internet Infinity's Asset Turnover too high?
Internet Infinity's current Asset Turnover is 0.00.
How does Internet Infinity's Asset Turnover compare to DKGH and CYBF?
Internet Infinity's Asset Turnover of 0.00 can be compared against companies in the Business Services 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 Business Services company?
A good Asset Turnover depends on the Business Services 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 Internet Infinity and its competitors. Internet Infinity'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 Internet Infinity stock overvalued right now?
Internet Infinity (ITNF) 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 Internet Infinity (ITNF), the current Asset Turnover is 0.00 as of Sep. 2013. 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.

Internet Infinity Business Description

Address 3500 Oak Lawn Avenue, Suite 460S, Dallas, TX, USA, 75219
Internet Infinity Inc along with its subsidiary hosts events for startup and early-stage companies to present their business opportunities to American Business Network (ABN) members. Early-stage and Start-Up companies present their business to the members at events hosted by the American Business Network, and revenues are earned from fees charged for hosting the events and membership dues.