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Stealth Technologies (Stealth Technologies) Asset Turnover : 0.16 (As of Sep. 2019)


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What is Stealth 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. Stealth Technologies's Revenue for the three months ended in Sep. 2019 was $0.06 Mil. Stealth Technologies's Total Assets for the quarter that ended in Sep. 2019 was $0.39 Mil. Therefore, Stealth Technologies's Asset Turnover for the quarter that ended in Sep. 2019 was 0.16.

Asset Turnover is linked to ROE % through Du Pont Formula. Stealth Technologies's annualized ROE % for the quarter that ended in Sep. 2019 was 20.24%. It is also linked to ROA % through Du Pont Formula. Stealth Technologies's annualized ROA % for the quarter that ended in Sep. 2019 was -427.21%.


Stealth Technologies Asset Turnover Historical Data

The historical data trend for Stealth 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.

Stealth Technologies Asset Turnover Chart

Stealth Technologies Annual Data
Trend Jun11 Jun12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Asset Turnover
Get a 7-Day Free Trial 1.12 2.10 3.27 2.80 6.21

Stealth Technologies Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.55 1.70 0.38 0.19 0.16

Competitive Comparison of Stealth Technologies's Asset Turnover

For the Software - Application subindustry, Stealth 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.


Stealth Technologies's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Stealth Technologies's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Stealth Technologies's Asset Turnover falls into.



Stealth Technologies Asset Turnover Calculation

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

Stealth Technologies's Asset Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2018 )/( (Total Assets (A: Dec. 2017 )+Total Assets (A: Dec. 2018 ))/ count )
=3.01/( (0.41+0.56)/ 2 )
=3.01/0.485
=6.21

Stealth Technologies's Asset Turnover for the quarter that ended in Sep. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2019 )/( (Total Assets (Q: Jun. 2019 )+Total Assets (Q: Sep. 2019 ))/ count )
=0.061/( (0.697+0.082)/ 2 )
=0.061/0.3895
=0.16

* 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.


Stealth Technologies  (GREY:STTH) Asset Turnover Explanation

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

Stealth Technologies's annulized ROE % for the quarter that ended in Sep. 2019 is

ROE %**(Q: Sep. 2019 )
=Net Income/Total Stockholders Equity
=-1.664/-8.2215
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.664 / 0.244)*(0.244 / 0.3895)*(0.3895/ -8.2215)
=Net Margin %*Asset Turnover*Equity Multiplier
=-681.97 %*0.6264*-0.0474
=ROA %*Equity Multiplier
=-427.21 %*-0.0474
=20.24 %

Note: The Net Income data used here is four times the quarterly (Sep. 2019) net income data. The Revenue data used here is four times the quarterly (Sep. 2019) 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:

Stealth Technologies's annulized ROA % for the quarter that ended in Sep. 2019 is

ROA %(Q: Sep. 2019 )
=Net Income/Total Assets
=-1.664/0.3895
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.664 / 0.244)*(0.244 / 0.3895)
=Net Margin %*Asset Turnover
=-681.97 %*0.6264
=-427.21 %

Note: The Net Income data used here is four times the quarterly (Sep. 2019) net income data. The Revenue data used here is four times the quarterly (Sep. 2019) 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.


Stealth Technologies Asset Turnover Related Terms

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Stealth Technologies (Stealth Technologies) Business Description

Traded in Other Exchanges
N/A
Address
801 West Bay Drive, Suite 470, Largo, FL, USA, 33770
Stealth Technologies Inc engages in identifying and capitalizing on emerging technology with a focus on product development and sales in the security and personal protection industry. Its product Stealth Card is designed to protect the EMV chip in a consumer's credit card from 'electronic pickpocketing' that uses a smartphone, credit card reader, or RFID antenna to remotely access data stored on the consumer's EMV Smartchip. It operates through the following brands: 911 Help Now, Squeezee, Data Secure, Ezee, Zeus, and My Safe Identity.
Executives
Jimmy Wayne Anderson 10 percent owner 501 1ST AVENUE NORTH, SUITE 901, ST. PETERSBURG FL 33701
Ted Korin 10 percent owner 800 WOODBURY ROAD SUITE H WOODBURY NY 11797
Michelle Pannoni officer: Secretary/Treasurer 801 WEST BAY DRIVE #495 LARGO FL 33770
Brian Mcfadden officer: CEO/President 855 BAYWAY BLVD, CLEARWATER BEACH FL 33767

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