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Creek Road Miners Asset Turnover

: 0.04 (As of Sep. 2021)
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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. Creek Road Miners's Revenue for the three months ended in Sep. 2021 was $0.15 Mil. Creek Road Miners's Total Assets for the quarter that ended in Sep. 2021 was $4.09 Mil. Therefore, Creek Road Miners's Asset Turnover for the quarter that ended in Sep. 2021 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Creek Road Miners's annualized ROE % for the quarter that ended in Sep. 2021 was 49.54%. It is also linked to ROA % through Du Pont Formula. Creek Road Miners's annualized ROA % for the quarter that ended in Sep. 2021 was -58.91%.


Creek Road Miners Asset Turnover Historical Data

The historical data trend for Creek Road Miners'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.

Creek Road Miners Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Asset Turnover
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.60 3.43 5.38 3.72 1.48

Creek Road Miners Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.19 0.18 0.12 0.07 0.04

Creek Road Miners Asset Turnover Calculation

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

Creek Road Miners's Asset Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=4.518/( (3.456+2.67)/ 2 )
=4.518/3.063
=1.48

Creek Road Miners's Asset Turnover for the quarter that ended in Sep. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2021 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Sep. 2021 ))/ count )
=0.148/( (2.671+5.504)/ 2 )
=0.148/4.0875
=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.


Creek Road Miners  (OTCPK:CRKR) Asset Turnover Explanation

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

Creek Road Miners's annulized ROE % for the quarter that ended in Sep. 2021 is

ROE %**(Q: Sep. 2021 )
=Net Income/Total Stockholders Equity
=-2.408/-4.861
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.408 / 0.592)*(0.592 / 4.0875)*(4.0875/ -4.861)
=Net Margin %*Asset Turnover*Equity Multiplier
=-406.76 %*0.1448*-0.8409
=ROA %*Equity Multiplier
=-58.91 %*-0.8409
=49.54 %

Note: The Net Income data used here is four times the quarterly (Sep. 2021) net income data. The Revenue data used here is four times the quarterly (Sep. 2021) 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:

Creek Road Miners's annulized ROA % for the quarter that ended in Sep. 2021 is

ROA %(Q: Sep. 2021 )
=Net Income/Total Assets
=-2.408/4.0875
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.408 / 0.592)*(0.592 / 4.0875)
=Net Margin %*Asset Turnover
=-406.76 %*0.1448
=-58.91 %

Note: The Net Income data used here is four times the quarterly (Sep. 2021) net income data. The Revenue data used here is four times the quarterly (Sep. 2021) 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.


Creek Road Miners Asset Turnover Related Terms

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


Creek Road Miners Business Description

Creek Road Miners logo
Industry
Financial Services » Capital Markets NAICS : 523130 SIC : 6221
Traded in Other Exchanges
N/A
Address
2700 Homestead Road, Park City, UT, USA, 84098
Wizard Brands Inc produces live pop culture conventions (Comic Conventions) across the United States that provide a social networking and entertainment venue for enthusiasts of movies, TV shows, video games, technology, toys, social networking, gaming, comic books, and graphic novels. Its Comic Conventions provide an opportunity for companies in the entertainment, toy, gaming, publishing, and retail business to carry out sales, marketing, product promotion, public relations, advertising, and sponsorship efforts. The company receives revenue from its Comic Conventions from three sources namely consumer admissions; exhibitor booth sales; and national and/or regional sponsorships.
Executives
Kessler Paul 10 percent owner, officer: Executive Chairman 662 N. SEPULVEDA BLVD., SUITE 300 LOS ANGELES CA 90049
Macaluso John Michael other: Former 10% owner C/O WIZARD WORLD, INC. 2201 PARK PLACE, SUITE 101 EL SEGUNDO CA 90245
Malinoff Randall S officer: Chief Operating Officer 25262 PRADO DE LA PUMA CALABASAS CA 91302
Maatta John D director, officer: President & CEO 15266 VALLEY VISTA BLVD SHERMAN OAKS CA 91403
Mats Vadim director 285 GRAND AVENUE ENGLEWOOD NJ 07631
Suess Gregory director 9701 WILSHIRE BLVD 8TH FLOOR BEVERLY HILLS CA 90212
Bristol Capital Llc 10 percent owner PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: BRISTOL CAPITAL LLC a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Shamus Kenneth director 11 DEER HORN TRAIL UPPER SADDLE RIVER NJ 07458
Bristol Investment Fund Ltd 10 percent owner 89 NEXUS WAY CAMANA BAY, PO BOX 311063 GRAND CAYMAN E9 KY1-1205
Mathews Michael director 257 PARK AVENUE SOUTH SUITE 602 NEW YORK NY 10010
Fields Terry R director, officer: CEO and CFO 3960 HOWARD HUGHES PKWY #500 LAS VEGAS NV 89169
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