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AquaBounty Technologies Asset Turnover

: 0.00 (As of Mar. 2022)
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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. AquaBounty Technologies's Revenue for the three months ended in Mar. 2022 was $0.96 Mil. AquaBounty Technologies's Total Assets for the quarter that ended in Mar. 2022 was $225.04 Mil. Therefore, AquaBounty Technologies's Asset Turnover for the quarter that ended in Mar. 2022 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. AquaBounty Technologies's annualized ROE % for the quarter that ended in Mar. 2022 was -9.68%. It is also linked to ROA % through Du Pont Formula. AquaBounty Technologies's annualized ROA % for the quarter that ended in Mar. 2022 was -9.09%.


AquaBounty Technologies Asset Turnover Historical Data

The historical data trend for AquaBounty Technologies'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.

AquaBounty Technologies Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.01 - 0.01

AquaBounty Technologies Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Asset Turnover 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

AquaBounty Technologies Asset Turnover Calculation

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

AquaBounty Technologies'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: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=1.175/( (125.777+228.436)/ 2 )
=1.175/177.1065
=0.01

AquaBounty Technologies'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 )
=0.963/( (228.436+221.648)/ 2 )
=0.963/225.042
=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.


AquaBounty Technologies  (NAS:AQB) Asset Turnover Explanation

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

AquaBounty Technologies's annulized ROE % for the quarter that ended in Mar. 2022 is

ROE %**(Q: Mar. 2022 )
=Net Income/Total Stockholders Equity
=-20.448/211.337
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-20.448 / 3.852)*(3.852 / 225.042)*(225.042/ 211.337)
=Net Margin %*Asset Turnover*Equity Multiplier
=-530.84 %*0.0171*1.0648
=ROA %*Equity Multiplier
=-9.09 %*1.0648
=-9.68 %

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:

AquaBounty Technologies's annulized ROA % for the quarter that ended in Mar. 2022 is

ROA %(Q: Mar. 2022 )
=Net Income/Total Assets
=-20.448/225.042
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-20.448 / 3.852)*(3.852 / 225.042)
=Net Margin %*Asset Turnover
=-530.84 %*0.0171
=-9.09 %

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.


AquaBounty Technologies Asset Turnover Related Terms

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


AquaBounty Technologies Business Description

AquaBounty Technologies logo
Industry
Traded in Other Exchanges
Address
2 Mill and Main Place, Suite 395, Maynard, MA, USA, 01754
AquaBounty Technologies Inc is engaged in the field of land-based aquaculture and the use of technology for improving its productivity and sustainability. The company's objective is to ensure the availability of high-quality seafood to meet global consumer demand while addressing critical production constraints in the most popular farmed species.
Executives
Kirk Randal J 10 percent owner 1881 GROVE AVENUE RADFORD VA 24141
Czypinski Alana director, 10 percent owner 1881 GROVE AVENUE RADFORD VA 24141
Turk James C Jr director TWO CLOCK TOWER PLACE SUITE 395 MAYNARD MA 01745
Frank David A officer: See Remarks 2 MILL & MAIN PLACE, SUITE 395 MAYNARD MA 01754
Sterling Rick L. director 20374 SENECA MEADOWS PARKWAY GERMANTOWN MD 20876
Huber Richard L director 2 MILL & MAIN PLACE, SUITE 395 MAYNARD MA 01754
Fisher Theodore John director 1881 GROVE AVENUE RADFORD VA 24141
St.clare Christine director 405 EAGLEVIEW BLVD. EXTON PA 19341
Clothier Richard J director TWO CLOCK TOWER PLACE SUITE 395 MAYNARD MA 01745
Rojas Alejandro officer: See Remarks TWO CLOCK TOWER PLACE SUITE 395 MAYNARD MA 01745
Wulf Sylvia director, officer: See Remarks 2 MILL & MAIN PLACE, SUITE 395 MAYNARD MA 01754
Olsen Angela M officer: See Remarks C/O AQUABOUNTY TECHNOLOGIES, INC. 2 MILL & MAIN PLACE, SUITE 395 MAYNARD MA 01754
Intrexon Corp 10 percent owner 20374 SENECA MEADOWS PARKWAY GERMANTOWN MD 20876
Perez Jeffrey Thomas director 20358 SENECA MEADOWS PARKWAY GERMANTOWN MD 20876
Stotish Ronald L director, officer: See Remarks 2 MILL & MAIN PLACE, SUITE 395 MAYNARD MA 01754

AquaBounty Technologies Headlines

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