KLYG (Kelyniam Global) Asset Turnover: 0.08 (As of Mar. 2008)

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What is Kelyniam Global Asset Turnover?

Kelyniam Global KLYG +4.82% Asset Turnover is 0.08 as of Mar. 2008.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Kelyniam Global's Revenue for the three months ended in Mar. 2008 was $0.01 Mil. Kelyniam Global's Total Assets for the quarter that ended in Mar. 2008 was $0.07 Mil. Therefore, Kelyniam Global's Asset Turnover for the quarter that ended in Mar. 2008 was 0.08.

Asset Turnover is linked to ROE % through Du Pont Formula. Kelyniam Global's annualized ROE % for the quarter that ended in Mar. 2008 was 306.49%. It is also linked to ROA % through Du Pont Formula. Kelyniam Global's annualized ROA % for the quarter that ended in Mar. 2008 was -360.31%.


Kelyniam Global  (OTCPK:KLYG) Asset Turnover Explanation

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

Kelyniam Global's annulized ROE % for the quarter that ended in Mar. 2008 is

ROE %**(Q: Mar. 2008 )
=Net Income/Total Stockholders Equity
=-0.236/-0.077
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.236 / 0.02)*(0.02 / 0.0655)*(0.0655/ -0.077)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1180 %*0.3053*-0.8506
=ROA %*Equity Multiplier
=-360.31 %*-0.8506
=306.49 %

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

Kelyniam Global's annulized ROA % for the quarter that ended in Mar. 2008 is

ROA %(Q: Mar. 2008 )
=Net Income/Total Assets
=-0.236/0.0655
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.236 / 0.02)*(0.02 / 0.0655)
=Net Margin %*Asset Turnover
=-1180 %*0.3053
=-360.31 %

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


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.


Kelyniam Global Asset Turnover Related Terms


Kelyniam Global Asset Turnover Historical Data

* Premium members only.

The historical data trend for Kelyniam Global'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.

Kelyniam Global Asset Turnover Chart

Kelyniam Global Annual Data
Trend Dec06 Dec07
Asset Turnover
0.82 0.62

Kelyniam Global Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08
Asset Turnover Get a 7-Day Free Trial 0.29 0.12 0.09 0.10 0.08

KLYG vs VASO, WCUI, MODD: Asset Turnover Comparison

For the Medical Devices subindustry, Kelyniam Global'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.


Kelyniam Global Asset Turnover vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Kelyniam Global's Asset Turnover distribution charts can be found below:

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



Kelyniam Global Asset Turnover Calculation

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

Kelyniam Global's Asset Turnover for the fiscal year that ended in Dec. 2007 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2007 )/( (Total Assets (A: Dec. 2006 )+Total Assets (A: Dec. 2007 ))/ count )
=0.047/( (0.084+0.068)/ 2 )
=0.047/0.076
=0.62

Kelyniam Global's Asset Turnover for the quarter that ended in Mar. 2008 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2008 )/( (Total Assets (Q: Dec. 2007 )+Total Assets (Q: Mar. 2008 ))/ count )
=0.005/( (0.068+0.063)/ 2 )
=0.005/0.0655
=0.08

* 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 0.08 mean?
Kelyniam Global (KLYG) has a Asset Turnover of 0.08 as of Mar. 2008. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Kelyniam Global and its competitors.
Is Kelyniam Global's Asset Turnover too high?
Kelyniam Global's current Asset Turnover is 0.08.
How does Kelyniam Global's Asset Turnover compare to VASO and WCUI?
Kelyniam Global's Asset Turnover of 0.08 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Asset Turnover depends on the Medical Devices & Instruments 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 Kelyniam Global and its competitors. Kelyniam Global's current Asset Turnover is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kelyniam Global stock overvalued right now?
Kelyniam Global (KLYG) has a current Asset Turnover of 0.08. The current Asset Turnover is 0.08. 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 Kelyniam Global (KLYG), the current Asset Turnover is 0.08 as of Mar. 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.

Kelyniam Global Business Description

Address 97 River Road, Suite A, Canton, CT, USA, 06019
Kelyniam Global Inc specializes in the rapid production of custom prosthetic cranial implants utilizing computer-aided design and computer aided manufacturing of developed medical grade polymers. The Company develops, manufactures, and distributes custom cranial and maxilla-facial implants for patients requiring the reconstruction of cranial and certain facial structures. The Company's business operations consist of regulatory approvals, manufacturing operations and distribution to customers and markets in the United States.