Draganfly Investments (LSE:DRG) Asset Turnover: 0.00 (As of Oct. 2017)


What is Draganfly Investments Asset Turnover?

Draganfly Investments LSE:DRG Asset Turnover is 0.00 as of Oct. 2017. The stock has 5 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Draganfly Investments's Revenue for the six months ended in Oct. 2017 was £0.00 Mil. Draganfly Investments's Total Assets for the quarter that ended in Oct. 2017 was £0.21 Mil. Therefore, Draganfly Investments's Asset Turnover for the quarter that ended in Oct. 2017 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Draganfly Investments's annualized ROE % for the quarter that ended in Oct. 2017 was -203.60%. It is also linked to ROA % through Du Pont Formula. Draganfly Investments's annualized ROA % for the quarter that ended in Oct. 2017 was -184.62%.

Draganfly Investments  (LSE:DRG) Asset Turnover Explanation

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

Draganfly Investments's annulized ROE % for the quarter that ended in Oct. 2017 is

ROE %**(Q: Oct. 2017 )
=Net Income/Total Stockholders Equity
=-0.396/0.1945
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.396 / 0)*(0 / 0.2145)*(0.2145/ 0.1945)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.1028
=ROA %*Equity Multiplier
=-184.62 %*1.1028
=-203.60 %

Note: The Net Income data used here is two times the semi-annual (Oct. 2017) net income data. The Revenue data used here is two times the semi-annual (Oct. 2017) 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:

Draganfly Investments's annulized ROA % for the quarter that ended in Oct. 2017 is

ROA %(Q: Oct. 2017 )
=Net Income/Total Assets
=-0.396/0.2145
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.396 / 0)*(0 / 0.2145)
=Net Margin %*Asset Turnover
= %*0
=-184.62 %

Note: The Net Income data used here is two times the semi-annual (Oct. 2017) net income data. The Revenue data used here is two times the semi-annual (Oct. 2017) 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.

Draganfly Investments Asset Turnover Related Terms

Draganfly Investments Asset Turnover Historical Data

* Premium members only.

The historical data trend for Draganfly Investments'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.

Draganfly Investments Asset Turnover Chart

Draganfly Investments Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 -0.05 -0.01 -0.03 0.30

Draganfly Investments Semi-Annual Data
Oct09 Apr10 Oct10 Apr11 Oct11 Apr12 Oct12 Apr13 Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17
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 -0.05 0.04 0.04 0.07 0.00

Draganfly Investments Asset Turnover Competitor Comparison

For the Asset Management subindustry, Draganfly Investments'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.

Draganfly Investments Asset Turnover vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Draganfly Investments's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Draganfly Investments's Asset Turnover falls into.


Draganfly Investments Asset Turnover Calculation

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

Draganfly Investments's Asset Turnover for the fiscal year that ended in Apr. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Apr. 2017 )/( (Total Assets (A: Apr. 2016 )+Total Assets (A: Apr. 2017 ))/ count )
=0.02/( (0.065+0.068)/ 2 )
=0.02/0.0665
=0.30

Draganfly Investments's Asset Turnover for the quarter that ended in Oct. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Oct. 2017 )/( (Total Assets (Q: Apr. 2017 )+Total Assets (Q: Oct. 2017 ))/ count )
=0/( (0.068+0.361)/ 2 )
=0/0.2145
=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?
Draganfly Investments (LSE:DRG) has a Asset Turnover of 0.00 as of Oct. 2017. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Draganfly Investments and its competitors.
Is Draganfly Investments' Asset Turnover too high?
Draganfly Investments' current Asset Turnover is 0.00.
How does Draganfly Investments' Asset Turnover compare to competitors?
Draganfly Investments' Asset Turnover of 0.00 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Asset Turnover depends on the Asset Management 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 Draganfly Investments and its competitors. Draganfly Investments'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 Draganfly Investments stock overvalued right now?
Draganfly Investments (LSE:DRG) 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 Draganfly Investments (LSE:DRG), the current Asset Turnover is 0.00 as of Oct. 2017. 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.

Draganfly Investments Business Description

Draganfly Investments Ltd is a part of the financial services sector in the United Kingdom. The key activities of the company include investment trading and holding a small portfolio of investments. The company's objective is that the funding of investment assets is primarily met from shareholders' funds. Draganfly Investments focus on a wide range of economic sector for investment opportunities.