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Quest Water Global (Quest Water Global) Asset Turnover : 0.00 (As of Dec. 2023)


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What is Quest Water Global Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Quest Water Global's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Quest Water Global's Total Assets for the quarter that ended in Dec. 2023 was $0.00 Mil. Therefore, Quest Water Global's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Quest Water Global's annualized ROE % for the quarter that ended in Dec. 2023 was 34.00%. It is also linked to ROA % through Du Pont Formula. Quest Water Global's annualized ROA % for the quarter that ended in Dec. 2023 was -15,100.00%.


Quest Water Global Asset Turnover Historical Data

The historical data trend for Quest Water Global'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.

Quest Water Global Asset Turnover Chart

Quest Water Global Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
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Quest Water Global Quarterly Data
Mar14 Jun14 Sep14 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Quest Water Global's Asset Turnover

For the Pollution & Treatment Controls subindustry, Quest Water Global'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.


Quest Water Global's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Quest Water Global's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Quest Water Global's Asset Turnover falls into.



Quest Water Global Asset Turnover Calculation

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

Quest Water Global's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=0/( (0.002+0.002)/ 2 )
=0/0.002
=0.00

Quest Water Global's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (0.006+0.002)/ 2 )
=0/0.004
=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.


Quest Water Global  (OTCPK:QWTR) Asset Turnover Explanation

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

Quest Water Global's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-0.604/-1.7765
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.604 / 0)*(0 / 0.004)*(0.004/ -1.7765)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.0023
=ROA %*Equity Multiplier
=-15,100.00 %*-0.0023
=34.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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:

Quest Water Global's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-0.604/0.004
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.604 / 0)*(0 / 0.004)
=Net Margin %*Asset Turnover
= %*0
=-15,100.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


Quest Water Global Asset Turnover Related Terms

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Quest Water Global (Quest Water Global) Business Description

Traded in Other Exchanges
N/A
Address
828 Harbourside Drive, Suite 209, North Vancouver, BC, CAN, V7P 3R9
Quest Water Global Inc is engaged in the pollution and treatment controls business sector. The company provides various solutions to water-scarce regions. The company's product portfolio consists of AQUAtap, which is a self-contained, solar-powered, decentralized water purification and distribution system, and WEPS (Water Extraction and Purification Systems), which provide water-scarce regions with an alternate, sustainable, pure source of water.
Executives
Peter Miele director, 10 percent owner 2434 NELSON AVENUE, WEST VANCOUVER A1 V7V 4H6
John Balanko director, 10 percent owner, officer: President, CEO 775 ST. ANDREWS ROAD, WEST VANCOUVER A1 V7S 1V5

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