GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Safe Supply Streaming Co Ltd (OTCPK:SSPLF) » Definitions » Asset Turnover

SSPLF (Safe Supply Streaming Co) Asset Turnover : 0.00 (As of Jun. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Safe Supply Streaming Co Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Safe Supply Streaming Co's Revenue for the three months ended in Jun. 2024 was $0.00 Mil. Safe Supply Streaming Co's Total Assets for the quarter that ended in Jun. 2024 was $1.43 Mil. Therefore, Safe Supply Streaming Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Safe Supply Streaming Co's annualized ROE % for the quarter that ended in Jun. 2024 was -151.95%. It is also linked to ROA % through Du Pont Formula. Safe Supply Streaming Co's annualized ROA % for the quarter that ended in Jun. 2024 was -116.92%.


Safe Supply Streaming Co Asset Turnover Historical Data

The historical data trend for Safe Supply Streaming 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.

* Premium members only.

Safe Supply Streaming Co Asset Turnover Chart

Safe Supply Streaming Co Annual Data
Trend Sep23
Asset Turnover
-

Safe Supply Streaming Co Quarterly Data
Jun23 Sep23 Dec23 Mar24 Jun24
Asset Turnover - - - - -

Competitive Comparison of Safe Supply Streaming Co's Asset Turnover

For the Asset Management subindustry, Safe Supply Streaming 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.


Safe Supply Streaming Co's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Safe Supply Streaming Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Safe Supply Streaming Co's Asset Turnover falls into.



Safe Supply Streaming Co Asset Turnover Calculation

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

Safe Supply Streaming Co's Asset Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2023 )/( (Total Assets (A: . 20 )+Total Assets (A: Sep. 2023 ))/ count )
=/( (+)/ )
=/
=

Safe Supply Streaming Co's Asset Turnover for the quarter that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=0/( (1.681+1.186)/ 2 )
=0/1.4335
=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.


Safe Supply Streaming Co  (OTCPK:SSPLF) Asset Turnover Explanation

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

Safe Supply Streaming Co's annulized ROE % for the quarter that ended in Jun. 2024 is

ROE %**(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=-1.676/1.103
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.676 / 0)*(0 / 1.4335)*(1.4335/ 1.103)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.2996
=ROA %*Equity Multiplier
=-116.92 %*1.2996
=-151.95 %

Note: The Net Income data used here is four times the quarterly (Jun. 2024) net income data. The Revenue data used here is four times the quarterly (Jun. 2024) 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:

Safe Supply Streaming Co's annulized ROA % for the quarter that ended in Jun. 2024 is

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=-1.676/1.4335
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.676 / 0)*(0 / 1.4335)
=Net Margin %*Asset Turnover
= %*0
=-116.92 %

Note: The Net Income data used here is four times the quarterly (Jun. 2024) net income data. The Revenue data used here is four times the quarterly (Jun. 2024) 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.


Safe Supply Streaming Co Asset Turnover Related Terms

Thank you for viewing the detailed overview of Safe Supply Streaming Co's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Safe Supply Streaming Co Business Description

Traded in Other Exchanges
Address
666 Burrard Street, 25th Floor, Vancouver, BC, CAN, V6C 2X8
Safe Supply Streaming Co Ltd is investing in and incubating companies at the forefront of the third wave of drug policy reform. The company is focusing on investments in the psychedelic industry and analyzes, manufactures and distributes psychoactive compounds including the coca plant. The Company plans to invest in opportunities involving which are legally permitted, the research, design, development, testing, production, distribution, and sale of psychedelics and related services.

Safe Supply Streaming Co Headlines

No Headlines