Mountain High Acquisitions (Mountain High Acquisitions) Asset Turnover : 0.00 (As of Dec. 2020)

Mountain High Acquisitions Asset Turnover Chart

Mountain High Acquisitions Annual Data
	Trend	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20
Asset Turnover		Get a 7-Day Free Trial					0.32	0.31	0.65	0.32	-

Mountain High Acquisitions Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Asset Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Mountain High Acquisitions's Asset Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, Mountain High Acquisitions'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.

Mountain High Acquisitions's Asset Turnover Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Mountain High Acquisitions's Asset Turnover falls into.

Mountain High Acquisitions Asset Turnover Calculation

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

Mountain High Acquisitions's Asset Turnover for the fiscal year that ended in Mar. 2020 is calculated as

Mountain High Acquisitions's Asset Turnover for the quarter that ended in Dec. 2020 is calculated as

* 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.

Mountain High Acquisitions  (OTCPK:MYHI) Asset Turnover Explanation

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

Mountain High Acquisitions's annulized ROE % for the quarter that ended in Dec. 2020 is

Note: The Net Income data used here is four times the quarterly (Dec. 2020) net income data. The Revenue data used here is four times the quarterly (Dec. 2020) 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:

Mountain High Acquisitions's annulized ROA % for the quarter that ended in Dec. 2020 is

Note: The Net Income data used here is four times the quarterly (Dec. 2020) net income data. The Revenue data used here is four times the quarterly (Dec. 2020) 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.

Mountain High Acquisitions Asset Turnover Related Terms

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Mountain High Acquisitions (Mountain High Acquisitions) Business Description