LQAVF (Liquid Avatar Technologies) Asset Turnover: 0.00 (As of Sep. 2022)


What is Liquid Avatar Technologies Asset Turnover?

Liquid Avatar Technologies LQAVF -99.00% Asset Turnover is 0.00 as of Sep. 2022.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Liquid Avatar Technologies's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Liquid Avatar Technologies's Total Assets for the quarter that ended in Sep. 2022 was $1.44 Mil. Therefore, Liquid Avatar Technologies's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Liquid Avatar Technologies's annualized ROE % for the quarter that ended in Sep. 2022 was 169.90%. It is also linked to ROA % through Du Pont Formula. Liquid Avatar Technologies's annualized ROA % for the quarter that ended in Sep. 2022 was -460.24%.

Liquid Avatar Technologies  (OTCPK:LQAVF) Asset Turnover Explanation

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

Liquid Avatar Technologies's annulized ROE % for the quarter that ended in Sep. 2022 is

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=-6.632/-3.9035
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-6.632 / 0.004)*(0.004 / 1.441)*(1.441/ -3.9035)
=Net Margin %*Asset Turnover*Equity Multiplier
=-165800 %*0.0028*-0.3692
=ROA %*Equity Multiplier
=-460.24 %*-0.3692
=169.90 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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:

Liquid Avatar Technologies's annulized ROA % for the quarter that ended in Sep. 2022 is

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=-6.632/1.441
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-6.632 / 0.004)*(0.004 / 1.441)
=Net Margin %*Asset Turnover
=-165800 %*0.0028
=-460.24 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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.

Liquid Avatar Technologies Asset Turnover Related Terms

Liquid Avatar Technologies Asset Turnover Historical Data

* Premium members only.

The historical data trend for Liquid Avatar 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.

Liquid Avatar Technologies Asset Turnover Chart

Liquid Avatar Technologies Annual Data
Trend Dec19 Dec20 Dec21
Asset Turnover
0.00 0.00 0.01

Liquid Avatar Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.00 0.00 0.00 0.00 0.00

LQAVF vs CRM, INTU, NOW: Asset Turnover Comparison

For the Software - Application subindustry, Liquid Avatar 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.

Liquid Avatar Technologies Asset Turnover vs Software Industry

For the Software industry and Technology sector, Liquid Avatar Technologies's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Liquid Avatar Technologies's Asset Turnover falls into.


Liquid Avatar Technologies Asset Turnover Calculation

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

Liquid Avatar Technologies's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=0.013/( (3.217+2.309)/ 2 )
=0.013/2.763
=0.00

Liquid Avatar Technologies's Asset Turnover for the quarter that ended in Sep. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=0.001/( (1.263+1.619)/ 2 )
=0.001/1.441
=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?
Liquid Avatar Technologies (LQAVF) has a Asset Turnover of 0.00 as of Sep. 2022. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Liquid Avatar Technologies and its competitors.
Is Liquid Avatar Technologies' Asset Turnover too high?
Liquid Avatar Technologies' current Asset Turnover is 0.00.
How does Liquid Avatar Technologies' Asset Turnover compare to CRM and INTU?
Liquid Avatar Technologies' Asset Turnover of 0.00 can be compared against companies in the Software 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 Software company?
A good Asset Turnover depends on the Software 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 Liquid Avatar Technologies and its competitors. Liquid Avatar Technologies'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 Liquid Avatar Technologies stock overvalued right now?
Liquid Avatar Technologies (LQAVF) 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 Liquid Avatar Technologies (LQAVF), the current Asset Turnover is 0.00 as of Sep. 2022. 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.

Liquid Avatar Technologies Business Description

Address 7030 Woodbine Avenue, Suite 500, Markham, ON, CAN, L3R 6G2
Liquid Avatar Technologies Inc focuses on verification, management and monetization of Digital ID, letting users control and benefit from engagements. The Liquid Avatar App allows users to create facets of their online ID giving control over the use of the data through its biometrically based SSI, using blockchain tech. At no cost to consumers, Liquid Avatar gains revenues through permission-based offers and services, such as KABN Visa Card, KABN KASH and other services and marketplace programs.