RLND (RoyaLand Co) Asset Turnover: 0.00 (As of Dec. 2022)

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What is RoyaLand Co Asset Turnover?

RoyaLand Co RLND Asset Turnover is 0.00 as of Dec. 2022.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. RoyaLand Co's Revenue for the three months ended in Dec. 2022 was $0.00 Mil. RoyaLand Co's Total Assets for the quarter that ended in Dec. 2022 was $0.09 Mil. Therefore, RoyaLand Co's Asset Turnover for the quarter that ended in Dec. 2022 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. RoyaLand Co's annualized ROE % for the quarter that ended in Dec. 2022 was 0.00%. It is also linked to ROA % through Du Pont Formula. RoyaLand Co's annualized ROA % for the quarter that ended in Dec. 2022 was 0.00%.


RoyaLand Co  (NAS:RLND) Asset Turnover Explanation

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

RoyaLand Co's annulized ROE % for the quarter that ended in Dec. 2022 is

ROE %**(Q: Dec. 2022 )
=Net Income/Total Stockholders Equity
=0/-0.0015
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 0.09)*(0.09/ -0.0015)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-60
=ROA %*Equity Multiplier
=0.00 %*-60
=0.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 2022) net income data. The Revenue data used here is four times the quarterly (Dec. 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:

RoyaLand Co's annulized ROA % for the quarter that ended in Dec. 2022 is

ROA %(Q: Dec. 2022 )
=Net Income/Total Assets
=0/0.09
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 0.09)
=Net Margin %*Asset Turnover
= %*0
=0.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 2022) net income data. The Revenue data used here is four times the quarterly (Dec. 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.


RoyaLand Co Asset Turnover Related Terms


RoyaLand Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for RoyaLand Co'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.

RoyaLand Co Asset Turnover Chart

RoyaLand Co Annual Data
Trend Jun22
Asset Turnover
0.42

RoyaLand Co Quarterly Data
Dec21 Jun22 Dec22
Asset Turnover 0.00 0.00 0.00

RLND vs : Asset Turnover Comparison

For the Electronic Gaming & Multimedia subindustry, RoyaLand Co'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.


RoyaLand Co Asset Turnover vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, RoyaLand Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where RoyaLand Co's Asset Turnover falls into.



RoyaLand Co Asset Turnover Calculation

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

RoyaLand Co's Asset Turnover for the fiscal year that ended in Jun. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2022 )/( (Total Assets (A: . 20 )+Total Assets (A: Jun. 2022 ))/ count )
=/( (+)/ )
=/
=

RoyaLand Co's Asset Turnover for the quarter that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Dec. 2022 ))/ count )
=0/( (0.071+0.109)/ 2 )
=0/0.09
=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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.00 mean?
RoyaLand Co (RLND) has a Asset Turnover of 0.00 as of Dec. 2022. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on RoyaLand Co and its competitors.
Is RoyaLand Co's Asset Turnover too high?
RoyaLand Co's current Asset Turnover is 0.00.
How does RoyaLand Co's Asset Turnover compare to ?
RoyaLand Co's Asset Turnover of 0.00 can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Asset Turnover depends on the Interactive Media 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 RoyaLand Co and its competitors. RoyaLand Co'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 RoyaLand Co stock overvalued right now?
RoyaLand Co (RLND) 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 RoyaLand Co (RLND), the current Asset Turnover is 0.00 as of Dec. 2022. 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.

RoyaLand Co Business Description

Comparable Companies
Address 2 Church Street, Clarendon House, Pembroke, Hamilton, BMU, HM11
RoyaLand Co Ltd is a Bermuda holding company focused on creating an online and offline immersive, fantasy-based royalty-themed experience called myRoyal.World, primarily centered around a mobile-first massively multiplayer online role-playing game, or MMORPG, called TheRoyal.Land. It is actively focused on developing a novel, interactive and immersive game based on a player-empowered design. The company plans to build proprietary digital avatars and provide opportunities to players to earn in-game reward currency, build virtual land, and own their online assets while enhancing all of these features with premium incremental in-game content.