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MRPT (MacReport net) Asset Turnover : 0.59 (As of Nov. 2005)


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What is MacReport net Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. MacReport net's Revenue for the six months ended in Nov. 2005 was $1.64 Mil. MacReport net's Total Assets for the quarter that ended in Nov. 2005 was $2.77 Mil. Therefore, MacReport net's Asset Turnover for the quarter that ended in Nov. 2005 was 0.59.

Asset Turnover is linked to ROE % through Du Pont Formula. MacReport net's annualized ROE % for the quarter that ended in Nov. 2005 was -1,028.65%. It is also linked to ROA % through Du Pont Formula. MacReport net's annualized ROA % for the quarter that ended in Nov. 2005 was -132.35%.


MacReport net Asset Turnover Historical Data

The historical data trend for MacReport net'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.

MacReport net Asset Turnover Chart

MacReport net Annual Data
Trend Nov02 Nov03 Nov04 Nov05
Asset Turnover
0.14 3.08 1.67 0.59

MacReport net Semi-Annual Data
Nov02 Nov03 Nov04 Nov05
Asset Turnover 0.14 3.08 1.67 0.59

Competitive Comparison of MacReport net's Asset Turnover

For the Internet Content & Information subindustry, MacReport net'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.


MacReport net's Asset Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, MacReport net's Asset Turnover distribution charts can be found below:

* The bar in red indicates where MacReport net's Asset Turnover falls into.



MacReport net Asset Turnover Calculation

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

MacReport net's Asset Turnover for the fiscal year that ended in Nov. 2005 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Nov. 2005 )/( (Total Assets (A: Nov. 2004 )+Total Assets (A: Nov. 2005 ))/ count )
=1.639/( (2.472+3.062)/ 2 )
=1.639/2.767
=0.59

MacReport net's Asset Turnover for the quarter that ended in Nov. 2005 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Nov. 2005 )/( (Total Assets (Q: Nov. 2004 )+Total Assets (Q: Nov. 2005 ))/ count )
=1.639/( (2.472+3.062)/ 2 )
=1.639/2.767
=0.59

* 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.


MacReport net  (OTCPK:MRPT) Asset Turnover Explanation

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

MacReport net's annulized ROE % for the quarter that ended in Nov. 2005 is

ROE %**(Q: Nov. 2005 )
=Net Income/Total Stockholders Equity
=-3.662/0.356
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.662 / 3.278)*(3.278 / 2.767)*(2.767/ 0.356)
=Net Margin %*Asset Turnover*Equity Multiplier
=-111.71 %*1.1847*7.7725
=ROA %*Equity Multiplier
=-132.35 %*7.7725
=-1,028.65 %

Note: The Net Income data used here is two times the semi-annual (Nov. 2005) net income data. The Revenue data used here is two times the semi-annual (Nov. 2005) 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:

MacReport net's annulized ROA % for the quarter that ended in Nov. 2005 is

ROA %(Q: Nov. 2005 )
=Net Income/Total Assets
=-3.662/2.767
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.662 / 3.278)*(3.278 / 2.767)
=Net Margin %*Asset Turnover
=-111.71 %*1.1847
=-132.35 %

Note: The Net Income data used here is two times the semi-annual (Nov. 2005) net income data. The Revenue data used here is two times the semi-annual (Nov. 2005) 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.


MacReport net Asset Turnover Related Terms

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MacReport net Business Description

Traded in Other Exchanges
N/A
Address
15 Garfield Street, Auburn, NY, USA, 13021
MacReport net Inc is an internet information and media company formed to allow publicly and privately held companies to communicate relevant corporate information directly with the investing public. The business activity is carried out through the use of a website that provides the user with key information via management interviews, press releases, and other information.

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