Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. RM2 International's Revenue for the
three
months ended in Jun. 2020 was $0.00 Mil. RM2 International's Total Assets for the quarter that ended in Jun. 2020 was $63.49 Mil. Therefore, RM2 International's Asset Turnover for the quarter that ended in Jun. 2020 was 0.00.
Asset Turnover is linked to ROE % through Du Pont Formula. RM2 International's annualizedROE % for the quarter that ended in Jun. 2020 was 0.00%. It is also linked to ROA % through Du Pont Formula. RM2 International's annualizedROA % for the quarter that ended in Jun. 2020 was 0.00%.
RM2 International (OTCPK:RMTO) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
RM2 International's annulizedROE % for the quarter that ended in Jun. 2020 is
Note:
The Net Income data used here is four times the quarterly (Jun. 2020) net income data. The Revenue data used here is four times the quarterly (Jun. 2020) 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:
RM2 International's annulizedROA % for the quarter that ended in Jun. 2020 is
Note:
The Net Income data used here is four times the quarterly (Jun. 2020) net income data. The Revenue data used here is four times the quarterly (Jun. 2020) 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.
RM2 International Asset Turnover Related Terms
RM2 International Asset Turnover Historical Data
* Premium members only.
The historical data trend for RM2 International'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.
For the Metal Fabrication subindustry, RM2 International'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.
RM2 International Asset Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, RM2 International's Asset Turnover distribution charts can be found below:
* The bar in red indicates where RM2 International's Asset Turnover falls into.
* 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.
RM2 International (RMTO) has a Asset Turnover of 0.00 as of Jun. 2020. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on RM2 International and its competitors.
Is RM2 International's Asset Turnover too high?
RM2 International's current Asset Turnover is 0.00. Overall, RM2 International has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does RM2 International's Asset Turnover compare to SGBX?
RM2 International's Asset Turnover of 0.00 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Asset Turnover depends on the Industrial Products 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 RM2 International and its competitors. RM2 International'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 RM2 International stock overvalued right now?
RM2 International (RMTO) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. RM2 International's overall GF Score™ is 16/100. 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 RM2 International (RMTO), the current Asset Turnover is 0.00 as of Jun. 2020. 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.
RM2 International Inc is engaged in providing pallet pooling solutions for supply chains through its BLOCKPal composite pallets. The company focuses on durable, hygienic, and automation-compatible pallets designed for high-volume distribution networks, offering solutions that improve load capacity, stability, safety, and operational efficiency across retail and logistics industries.
16GF Score
Get the complete analysis for RMTO
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
RMTO has been successfully added to your 
