MPXOF (MPX International) Asset Turnover: 0.04 (As of Mar. 2022)


What is MPX International Asset Turnover?

MPX International MPXOF -99.00% Asset Turnover is 0.04 as of Mar. 2022.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. MPX International's Revenue for the three months ended in Mar. 2022 was $1.60 Mil. MPX International's Total Assets for the quarter that ended in Mar. 2022 was $37.69 Mil. Therefore, MPX International's Asset Turnover for the quarter that ended in Mar. 2022 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. MPX International's annualized ROE % for the quarter that ended in Mar. 2022 was -317.43%. It is also linked to ROA % through Du Pont Formula. MPX International's annualized ROA % for the quarter that ended in Mar. 2022 was -69.75%.

MPX International  (OTCPK:MPXOF) Asset Turnover Explanation

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

MPX International's annulized ROE % for the quarter that ended in Mar. 2022 is

ROE %**(Q: Mar. 2022 )
=Net Income/Total Stockholders Equity
=-26.288/8.2815
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-26.288 / 6.384)*(6.384 / 37.69)*(37.69/ 8.2815)
=Net Margin %*Asset Turnover*Equity Multiplier
=-411.78 %*0.1694*4.5511
=ROA %*Equity Multiplier
=-69.75 %*4.5511
=-317.43 %

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

MPX International's annulized ROA % for the quarter that ended in Mar. 2022 is

ROA %(Q: Mar. 2022 )
=Net Income/Total Assets
=-26.288/37.69
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-26.288 / 6.384)*(6.384 / 37.69)
=Net Margin %*Asset Turnover
=-411.78 %*0.1694
=-69.75 %

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

MPX International Asset Turnover Related Terms

MPX International Asset Turnover Historical Data

* Premium members only.

The historical data trend for MPX 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.

MPX International Asset Turnover Chart

MPX International Annual Data
Trend Sep18 Sep19 Sep20 Sep21
Asset Turnover
0.00 0.03 0.05 0.14

MPX International Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 0.04 0.03 0.03 0.03 0.04

MPXOF vs ZTS, CTLT, VTRS: Asset Turnover Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, MPX 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.

MPX International Asset Turnover vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, MPX International's Asset Turnover distribution charts can be found below:

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


MPX International Asset Turnover Calculation

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

MPX International's Asset Turnover for the fiscal year that ended in Sep. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2021 )/( (Total Assets (A: Sep. 2020 )+Total Assets (A: Sep. 2021 ))/ count )
=5.691/( (39.584+39.989)/ 2 )
=5.691/39.7865
=0.14

MPX International's Asset Turnover for the quarter that ended in Mar. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Mar. 2022 ))/ count )
=1.596/( (38.15+37.23)/ 2 )
=1.596/37.69
=0.04

* 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 0.04 mean?
MPX International (MPXOF) has a Asset Turnover of 0.04 as of Mar. 2022. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on MPX International and its competitors.
Is MPX International's Asset Turnover too high?
MPX International's current Asset Turnover is 0.04.
How does MPX International's Asset Turnover compare to ZTS and CTLT?
MPX International's Asset Turnover of 0.04 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Asset Turnover depends on the Drug Manufacturers 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 MPX International and its competitors. MPX International's current Asset Turnover is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MPX International stock overvalued right now?
MPX International (MPXOF) has a current Asset Turnover of 0.04. The current Asset Turnover is 0.04. 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 MPX International (MPXOF), the current Asset Turnover is 0.04 as of Mar. 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.

MPX International Business Description

Address 5255 Yonge Street, Suite 701, Toronto, ON, CAN, M2N 6P4
MPX International Corp is a diversified cannabis company focused on developing and operating assets across the global medical and adult use and engaged in cultivating, manufacturing and marketing products that include cannabinoids as their primary active ingredient. The firm is organized into three segments: Canada, Europe/Africa, and Asia-Pacific. The Canada operating segment's principal business activities consist of production and sale of cannabis, video learning and engagement, patient counselling and referral services. The Europe/Africa operating segment's consist of the production and sale of cannabis and hemp-related products. The Asia-Pacific consist of the production and sale of cannabis. The majority of the revenue is generated in Canada.