LZGI (LZG International) Asset Turnover: 0.19 (As of Feb. 2023)

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What is LZG International Asset Turnover?

LZG International LZGI Asset Turnover is 0.19 as of Feb. 2023.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. LZG International's Revenue for the three months ended in Feb. 2023 was $9.56 Mil. LZG International's Total Assets for the quarter that ended in Feb. 2023 was $49.17 Mil. Therefore, LZG International's Asset Turnover for the quarter that ended in Feb. 2023 was 0.19.

Asset Turnover is linked to ROE % through Du Pont Formula. LZG International's annualized ROE % for the quarter that ended in Feb. 2023 was -1.28%. It is also linked to ROA % through Du Pont Formula. LZG International's annualized ROA % for the quarter that ended in Feb. 2023 was -0.43%.


LZG International  (OTCPK:LZGI) Asset Turnover Explanation

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

LZG International's annulized ROE % for the quarter that ended in Feb. 2023 is

ROE %**(Q: Feb. 2023 )
=Net Income/Total Stockholders Equity
=-0.212/16.53
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.212 / 38.252)*(38.252 / 49.1745)*(49.1745/ 16.53)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.55 %*0.7779*2.9749
=ROA %*Equity Multiplier
=-0.43 %*2.9749
=-1.28 %

Note: The Net Income data used here is four times the quarterly (Feb. 2023) net income data. The Revenue data used here is four times the quarterly (Feb. 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:

LZG International's annulized ROA % for the quarter that ended in Feb. 2023 is

ROA %(Q: Feb. 2023 )
=Net Income/Total Assets
=-0.212/49.1745
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.212 / 38.252)*(38.252 / 49.1745)
=Net Margin %*Asset Turnover
=-0.55 %*0.7779
=-0.43 %

Note: The Net Income data used here is four times the quarterly (Feb. 2023) net income data. The Revenue data used here is four times the quarterly (Feb. 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.


LZG International Asset Turnover Related Terms


LZG International Asset Turnover Historical Data

* Premium members only.

The historical data trend for LZG International'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.

LZG International Asset Turnover Chart

LZG International Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.02

LZG International Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
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 0.11 0.01 0.08 0.15 0.19

LZGI vs QGSI, BMTX, NXPL: Asset Turnover Comparison

For the Software - Application subindustry, LZG International'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.


LZG International Asset Turnover vs Software Industry

For the Software industry and Technology sector, LZG International's Asset Turnover distribution charts can be found below:

* The bar in red indicates where LZG International's Asset Turnover falls into.



LZG International Asset Turnover Calculation

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

LZG International's Asset Turnover for the fiscal year that ended in May. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: May. 2022 )/( (Total Assets (A: May. 2021 )+Total Assets (A: May. 2022 ))/ count )
=0.216/( (0.005+21.496)/ 2 )
=0.216/10.7505
=0.02

LZG International's Asset Turnover for the quarter that ended in Feb. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Feb. 2023 )/( (Total Assets (Q: Nov. 2022 )+Total Assets (Q: Feb. 2023 ))/ count )
=9.563/( (55.37+42.979)/ 2 )
=9.563/49.1745
=0.19

* 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 0.19 mean?
LZG International (LZGI) has a Asset Turnover of 0.19 as of Feb. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on LZG International and its competitors.
Is LZG International's Asset Turnover too high?
LZG International's current Asset Turnover is 0.19.
How does LZG International's Asset Turnover compare to QGSI and BMTX?
LZG International's Asset Turnover of 0.19 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 LZG International and its competitors. LZG International's current Asset Turnover is 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LZG International stock overvalued right now?
LZG International (LZGI) has a current Asset Turnover of 0.19. The current Asset Turnover is 0.19. 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 LZG International (LZGI), the current Asset Turnover is 0.19 as of Feb. 2023. 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.

LZG International Business Description

Address 135 West 41st Street, Suite 5-104, New York, NY, USA, 10036
LZG International Inc is a provider of AI solutions to businesses. Its AI Solutions are supported by the Outcomes software platform and various team members focused on helping SMEs be more effective and efficient. The company is also engaged in marketing the FatBrain technology, which transforms continuous learning, narrative reasoning, cloud, blockchain, and Web3 technologies into auditable, explainable, and easy-to-integrate products. The FatBrain's subscription model allows all companies to deploy its AI solutions quickly and easily, securely utilizing them on premises behind their firewalls or via the cloud.