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R-Three Technologies (R-Three Technologies) Asset Turnover : 0.00 (As of Oct. 2016)


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What is R-Three Technologies Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. R-Three Technologies's Revenue for the three months ended in Oct. 2016 was $0.00 Mil. R-Three Technologies's Total Assets for the quarter that ended in Oct. 2016 was $0.01 Mil. Therefore, R-Three Technologies's Asset Turnover for the quarter that ended in Oct. 2016 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. R-Three Technologies's annualized ROE % for the quarter that ended in Oct. 2016 was 896.55%. It is also linked to ROA % through Du Pont Formula. R-Three Technologies's annualized ROA % for the quarter that ended in Oct. 2016 was -4,160.00%.


R-Three Technologies Asset Turnover Historical Data

The historical data trend for R-Three Technologies'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.

R-Three Technologies Asset Turnover Chart

R-Three Technologies Annual Data
Trend Apr11 Apr12 Apr13 Apr15
Asset Turnover
- - - -

R-Three Technologies Quarterly Data
Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16
Asset Turnover Get a 7-Day Free Trial 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 - - - - -

Competitive Comparison of R-Three Technologies's Asset Turnover

For the Packaged Foods subindustry, R-Three Technologies'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.


R-Three Technologies's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, R-Three Technologies's Asset Turnover distribution charts can be found below:

* The bar in red indicates where R-Three Technologies's Asset Turnover falls into.



R-Three Technologies Asset Turnover Calculation

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

R-Three Technologies's Asset Turnover for the fiscal year that ended in Apr. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Apr. 2015 )/( (Total Assets (A: Apr. 2013 )+Total Assets (A: Apr. 2015 ))/ count )
=0/( (0+0.01)/ 1 )
=0/0.01
=0.00

R-Three Technologies's Asset Turnover for the quarter that ended in Oct. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Oct. 2016 )/( (Total Assets (Q: Jul. 2016 )+Total Assets (Q: Oct. 2016 ))/ count )
=0/( (0.012+0.013)/ 2 )
=0/0.0125
=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.


R-Three Technologies  (OTCPK:RRRT) Asset Turnover Explanation

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

R-Three Technologies's annulized ROE % for the quarter that ended in Oct. 2016 is

ROE %**(Q: Oct. 2016 )
=Net Income/Total Stockholders Equity
=-0.52/-0.058
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.52 / 0)*(0 / 0.0125)*(0.0125/ -0.058)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.2155
=ROA %*Equity Multiplier
=-4,160.00 %*-0.2155
=896.55 %

Note: The Net Income data used here is four times the quarterly (Oct. 2016) net income data. The Revenue data used here is four times the quarterly (Oct. 2016) 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:

R-Three Technologies's annulized ROA % for the quarter that ended in Oct. 2016 is

ROA %(Q: Oct. 2016 )
=Net Income/Total Assets
=-0.52/0.0125
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.52 / 0)*(0 / 0.0125)
=Net Margin %*Asset Turnover
= %*0
=-4,160.00 %

Note: The Net Income data used here is four times the quarterly (Oct. 2016) net income data. The Revenue data used here is four times the quarterly (Oct. 2016) 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.


R-Three Technologies Asset Turnover Related Terms

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R-Three Technologies (R-Three Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1270 Ave of the Americas, 7th Floor-1053, New York, NY, USA, 10020
R-Three Technologies Inc is an early-stage development company with a success-driven Board which is focused on carefully pursuing several ventures it believes show promise.