PKLE (PickleJar Entertainment Group) Asset Turnover: 0.00 (As of . 20)

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What is PickleJar Entertainment Group Asset Turnover?

PickleJar Entertainment Group PKLE Asset Turnover is 0.00 as of . 20.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. PickleJar Entertainment Group's Revenue for the six months ended in . 20 was $ Mil. PickleJar Entertainment Group's Total Assets for the quarter that ended in . 20 was $ Mil. Therefore, PickleJar Entertainment Group's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. PickleJar Entertainment Group's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. PickleJar Entertainment Group's annualized ROA % for the quarter that ended in . 20 was %.


PickleJar Entertainment Group  (OTCPK:PKLE) Asset Turnover Explanation

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

PickleJar Entertainment Group's annulized ROE % for the quarter that ended in . 20 is

ROE %**(Q: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=( / )*( / )*(/ )
=Net Margin %*Asset Turnover*Equity Multiplier
= %**
=ROA %*Equity Multiplier
= %*
= %

Note: The Net Income data used here is two times the semi-annual (. 20) net income data. The Revenue data used here is two times the semi-annual (. 20) 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:

PickleJar Entertainment Group's annulized ROA % for the quarter that ended in . 20 is

Note: The Net Income data used here is two times the semi-annual (. 20) net income data. The Revenue data used here is two times the semi-annual (. 20) 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.


PickleJar Entertainment Group Asset Turnover Related Terms


PickleJar Entertainment Group Asset Turnover Historical Data

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The historical data trend for PickleJar Entertainment Group'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.

PickleJar Entertainment Group Asset Turnover Chart

PickleJar Entertainment Group Annual Data
Trend
Asset Turnover

PickleJar Entertainment Group Semi-Annual Data
Asset Turnover

PKLE vs LIVG, ALDS, FMTOF: Asset Turnover Comparison

For the Software - Application subindustry, PickleJar Entertainment Group'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.


PickleJar Entertainment Group Asset Turnover vs Software Industry

For the Software industry and Technology sector, PickleJar Entertainment Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where PickleJar Entertainment Group's Asset Turnover falls into.



PickleJar Entertainment Group Asset Turnover Calculation

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

PickleJar Entertainment Group's Asset Turnover for the fiscal year that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
=

PickleJar Entertainment Group's Asset Turnover for the quarter that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
=

* 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 0.00 mean?
PickleJar Entertainment Group (PKLE) has a Asset Turnover of 0.00 as of . 20. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on PickleJar Entertainment Group and its competitors.
Is PickleJar Entertainment Group's Asset Turnover too high?
PickleJar Entertainment Group's current Asset Turnover is 0.00.
How does PickleJar Entertainment Group's Asset Turnover compare to LIVG and ALDS?
PickleJar Entertainment Group's Asset Turnover of 0.00 can be compared against companies in the Software 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 Software company?
A good Asset Turnover depends on the Software 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 PickleJar Entertainment Group and its competitors. PickleJar Entertainment Group's current Asset Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PickleJar Entertainment Group stock overvalued right now?
PickleJar Entertainment Group (PKLE) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. 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 PickleJar Entertainment Group (PKLE), the current Asset Turnover is 0.00 as of . 20. 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.

PickleJar Entertainment Group Business Description

Address 2 Riverway, Suite 1750, Houston, TX, USA, 77056
PickleJar Entertainment Group Inc is a technology-driven entertainment platform company that unlocks the potential of shared entertainment experiences through an integrated suite of software and services. The Company's platform is designed to inspire human creativity and enrich lives by connecting fans with emerging artists, mid-sized venues, and brands within the era of social commerce. The Company generates revenues from the following segments: Artist Promotions; Venue-Managed Event Ticket Sales; Related Party IT Services; Radio Show Bookings; Point-of-Sale Services; and Sponsorship Income.