GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » ECO Buildings Group Plc (LSE:ECOB) » Definitions » Asset Turnover

ECO Buildings Group (LSE:ECOB) Asset Turnover : 0.00 (As of Jun. 2023)


View and export this data going back to 2023. Start your Free Trial

What is ECO Buildings Group Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. ECO Buildings Group's Revenue for the six months ended in Jun. 2023 was £0.03 Mil. ECO Buildings Group's Total Assets for the quarter that ended in Jun. 2023 was £13.26 Mil. Therefore, ECO Buildings Group's Asset Turnover for the quarter that ended in Jun. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. ECO Buildings Group's annualized ROE % for the quarter that ended in Jun. 2023 was -25.38%. It is also linked to ROA % through Du Pont Formula. ECO Buildings Group's annualized ROA % for the quarter that ended in Jun. 2023 was -11.73%.


ECO Buildings Group Asset Turnover Historical Data

The historical data trend for ECO Buildings Group'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.

* Premium members only.

ECO Buildings Group Asset Turnover Chart

ECO Buildings Group Annual Data
Trend Dec21
Asset Turnover
-

ECO Buildings Group Semi-Annual Data
Jun22 Jun23
Asset Turnover - -

Competitive Comparison of ECO Buildings Group's Asset Turnover

For the Building Materials subindustry, ECO Buildings Group'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.


ECO Buildings Group's Asset Turnover Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, ECO Buildings Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where ECO Buildings Group's Asset Turnover falls into.



ECO Buildings Group Asset Turnover Calculation

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

ECO Buildings Group'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: . 20 )+Total Assets (A: Dec. 2021 ))/ count )
=/( (+)/ )
=/
=

ECO Buildings Group's Asset Turnover for the quarter that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=0.027/( (0+13.264)/ 1 )
=0.027/13.264
=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.


ECO Buildings Group  (LSE:ECOB) Asset Turnover Explanation

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

ECO Buildings Group's annulized ROE % for the quarter that ended in Jun. 2023 is

ROE %**(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=-1.556/6.131
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.556 / 0.054)*(0.054 / 13.264)*(13.264/ 6.131)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2881.48 %*0.0041*2.1634
=ROA %*Equity Multiplier
=-11.73 %*2.1634
=-25.38 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2023) net income data. The Revenue data used here is two times the semi-annual (Jun. 2023) 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:

ECO Buildings Group's annulized ROA % for the quarter that ended in Jun. 2023 is

ROA %(Q: Jun. 2023 )
=Net Income/Total Assets
=-1.556/13.264
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.556 / 0.054)*(0.054 / 13.264)
=Net Margin %*Asset Turnover
=-2881.48 %*0.0041
=-11.73 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2023) net income data. The Revenue data used here is two times the semi-annual (Jun. 2023) 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.


ECO Buildings Group Asset Turnover Related Terms

Thank you for viewing the detailed overview of ECO Buildings Group's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


ECO Buildings Group (LSE:ECOB) Business Description

Traded in Other Exchanges
Address
160 Camden High Street, London, GBR, NW1 0NE
ECO Buildings Group Plc will operate in the prefabricated modular housing sector. The company has acquired the proven and innovative prefabricated modular technology using glass fibre-reinforced gypsum (GFRG), an alternative construction method to achieve faster and more economical development of residential, commercial, and industrial dwellings. Eco Buildings' range of modular housing products provides a solution for the construction of both affordable and high-end housing, with Eco Buildings' products being up to 50% cheaper, two-thirds lighter and five times faster to deploy than conventionally built homes.

ECO Buildings Group (LSE:ECOB) Headlines

No Headlines