SRMX (Saddle Ranch Media) Asset Turnover: 0.08 (As of Dec. 2014)


What is Saddle Ranch Media Asset Turnover?

Saddle Ranch Media SRMX +50.00% Asset Turnover is 0.08 as of Dec. 2014.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Saddle Ranch Media's Revenue for the three months ended in Dec. 2014 was $0.05 Mil. Saddle Ranch Media's Total Assets for the quarter that ended in Dec. 2014 was $0.60 Mil. Therefore, Saddle Ranch Media's Asset Turnover for the quarter that ended in Dec. 2014 was 0.08.

Asset Turnover is linked to ROE % through Du Pont Formula. Saddle Ranch Media's annualized ROE % for the quarter that ended in Dec. 2014 was 633.33%. It is also linked to ROA % through Du Pont Formula. Saddle Ranch Media's annualized ROA % for the quarter that ended in Dec. 2014 was -127.30%.

Saddle Ranch Media  (OTCPK:SRMX) Asset Turnover Explanation

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

Saddle Ranch Media's annulized ROE % for the quarter that ended in Dec. 2014 is

ROE %**(Q: Dec. 2014 )
=Net Income/Total Stockholders Equity
=-0.76/-0.12
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.76 / 0.184)*(0.184 / 0.597)*(0.597/ -0.12)
=Net Margin %*Asset Turnover*Equity Multiplier
=-413.04 %*0.3082*-4.975
=ROA %*Equity Multiplier
=-127.30 %*-4.975
=633.33 %

Note: The Net Income data used here is four times the quarterly (Dec. 2014) net income data. The Revenue data used here is four times the quarterly (Dec. 2014) 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:

Saddle Ranch Media's annulized ROA % for the quarter that ended in Dec. 2014 is

ROA %(Q: Dec. 2014 )
=Net Income/Total Assets
=-0.76/0.597
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.76 / 0.184)*(0.184 / 0.597)
=Net Margin %*Asset Turnover
=-413.04 %*0.3082
=-127.30 %

Note: The Net Income data used here is four times the quarterly (Dec. 2014) net income data. The Revenue data used here is four times the quarterly (Dec. 2014) 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.

Saddle Ranch Media Asset Turnover Related Terms

Saddle Ranch Media Asset Turnover Historical Data

* Premium members only.

The historical data trend for Saddle Ranch Media'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.

Saddle Ranch Media Asset Turnover Chart

Saddle Ranch Media Annual Data
Trend Dec97 Dec98 Dec99 Dec00 Dec01 Dec06 Dec07 Dec12 Dec13 Dec14
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.01 0.00 0.51 0.32

Saddle Ranch Media Quarterly Data
Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec12 Sep13 Dec13 Jun14 Sep14 Dec14
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 0.24 0.07 0.00 0.04 0.08

SRMX vs INMG, VNUE, FLCR: Asset Turnover Comparison

For the Scientific & Technical Instruments subindustry, Saddle Ranch Media'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.

Saddle Ranch Media Asset Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Saddle Ranch Media's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Saddle Ranch Media's Asset Turnover falls into.


Saddle Ranch Media Asset Turnover Calculation

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

Saddle Ranch Media's Asset Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2014 )/( (Total Assets (A: Dec. 2013 )+Total Assets (A: Dec. 2014 ))/ count )
=0.207/( (0.704+0.601)/ 2 )
=0.207/0.6525
=0.32

Saddle Ranch Media's Asset Turnover for the quarter that ended in Dec. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2014 )/( (Total Assets (Q: Sep. 2014 )+Total Assets (Q: Dec. 2014 ))/ count )
=0.046/( (0.593+0.601)/ 2 )
=0.046/0.597
=0.08

* 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 0.08 mean?
Saddle Ranch Media (SRMX) has a Asset Turnover of 0.08 as of Dec. 2014. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Saddle Ranch Media and its competitors.
Is Saddle Ranch Media's Asset Turnover too high?
Saddle Ranch Media's current Asset Turnover is 0.08.
How does Saddle Ranch Media's Asset Turnover compare to INMG and VNUE?
Saddle Ranch Media's Asset Turnover of 0.08 can be compared against companies in the Hardware 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 Hardware company?
A good Asset Turnover depends on the Hardware 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 Saddle Ranch Media and its competitors. Saddle Ranch Media's current Asset Turnover is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saddle Ranch Media stock overvalued right now?
Saddle Ranch Media (SRMX) has a current Asset Turnover of 0.08. The current Asset Turnover is 0.08. 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 Saddle Ranch Media (SRMX), the current Asset Turnover is 0.08 as of Dec. 2014. 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.

Saddle Ranch Media Business Description

Address 19200 Von Karman Avenue, Suite 425, Irvine, CA, USA, 91612
Saddle Ranch Media Inc is a multi-division technology company. It operates through its subsidiary, which provides 5G solutions and innovation, through its various telecom devices and ONENET B2B Onboarding Platform - certified by Microsoft IoT Sphere under Microsoft's Azure Hub - for business infrastructure operations. It also focuses on the Internet of Things (IoT) in energy management, creating future smart neighborhoods and eco-based energy solutions for future smart homes. Its smart home consists of Temperature control, Air quality, Lightning control, and electrical control, and it also has i.VA(Intelligent Voice assistant), Smart Outlet, Smart Dimmer, and other Smart Home solutions. The company operates in the United States and Taiwan.