TMSH (TransGlobal Assets) Asset Turnover: 8.48 (As of Dec. 2011)

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What is TransGlobal Assets Asset Turnover?

TransGlobal Assets TMSH Asset Turnover is 8.48 as of Dec. 2011.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. TransGlobal Assets's Revenue for the six months ended in Dec. 2011 was $0.12 Mil. TransGlobal Assets's Total Assets for the quarter that ended in Dec. 2011 was $0.01 Mil. Therefore, TransGlobal Assets's Asset Turnover for the quarter that ended in Dec. 2011 was 8.48.

Asset Turnover is linked to ROE % through Du Pont Formula. TransGlobal Assets's annualized ROE % for the quarter that ended in Dec. 2011 was 69.25%. It is also linked to ROA % through Du Pont Formula. TransGlobal Assets's annualized ROA % for the quarter that ended in Dec. 2011 was -7,448.28%.


TransGlobal Assets  (OTCPK:TMSH) Asset Turnover Explanation

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

TransGlobal Assets's annulized ROE % for the quarter that ended in Dec. 2011 is

ROE %**(Q: Dec. 2011 )
=Net Income/Total Stockholders Equity
=-1.08/-1.5595
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.08 / 0.246)*(0.246 / 0.0145)*(0.0145/ -1.5595)
=Net Margin %*Asset Turnover*Equity Multiplier
=-439.02 %*16.9655*-0.0093
=ROA %*Equity Multiplier
=-7,448.28 %*-0.0093
=69.25 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2011) net income data. The Revenue data used here is two times the semi-annual (Dec. 2011) 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:

TransGlobal Assets's annulized ROA % for the quarter that ended in Dec. 2011 is

ROA %(Q: Dec. 2011 )
=Net Income/Total Assets
=-1.08/0.0145
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.08 / 0.246)*(0.246 / 0.0145)
=Net Margin %*Asset Turnover
=-439.02 %*16.9655
=-7,448.28 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2011) net income data. The Revenue data used here is two times the semi-annual (Dec. 2011) 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.


TransGlobal Assets Asset Turnover Related Terms


TransGlobal Assets Asset Turnover Historical Data

* Premium members only.

The historical data trend for TransGlobal Assets'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.

TransGlobal Assets Asset Turnover Chart

TransGlobal Assets Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Asset Turnover
0.00 0.00 0.00 0.52 8.48

TransGlobal Assets Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11
Asset Turnover 0.00 0.00 0.00 0.52 8.48

TMSH vs CLDOF: Asset Turnover Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, TransGlobal Assets'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.


TransGlobal Assets Asset Turnover vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, TransGlobal Assets's Asset Turnover distribution charts can be found below:

* The bar in red indicates where TransGlobal Assets's Asset Turnover falls into.



TransGlobal Assets Asset Turnover Calculation

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

TransGlobal Assets's Asset Turnover for the fiscal year that ended in Dec. 2011 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2011 )/( (Total Assets (A: Dec. 2010 )+Total Assets (A: Dec. 2011 ))/ count )
=0.123/( (0.014+0.015)/ 2 )
=0.123/0.0145
=8.48

TransGlobal Assets's Asset Turnover for the quarter that ended in Dec. 2011 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2011 )/( (Total Assets (Q: Dec. 2010 )+Total Assets (Q: Dec. 2011 ))/ count )
=0.123/( (0.014+0.015)/ 2 )
=0.123/0.0145
=8.48

* 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 8.48 mean?
TransGlobal Assets (TMSH) has a Asset Turnover of 8.48 as of Dec. 2011. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on TransGlobal Assets and its competitors.
Is TransGlobal Assets' Asset Turnover too high?
TransGlobal Assets' current Asset Turnover is 8.48.
How does TransGlobal Assets' Asset Turnover compare to CLDOF?
TransGlobal Assets' Asset Turnover of 8.48 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Asset Turnover depends on the Drug Manufacturers 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 TransGlobal Assets and its competitors. TransGlobal Assets's current Asset Turnover is 8.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TransGlobal Assets stock overvalued right now?
TransGlobal Assets (TMSH) has a current Asset Turnover of 8.48. The current Asset Turnover is 8.48. 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 TransGlobal Assets (TMSH), the current Asset Turnover is 8.48 as of Dec. 2011. 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.

TransGlobal Assets Business Description

Address No. 14, 5555 Sagamore Avenue, Portsmouth, NH, USA, 03801
TransGlobal Assets Inc through its subsidiary Mindwell Solutions Group LLC (MWSG), the company develops proprietary solutions that harness AI, biometric analysis, and behavioral data to address high-growth markets, including mental health, relationship wellness, performance analytics, and sports/entertainment. and also offers a pioneer in transforming the health and wellness industries through cutting-edge products and services. The products and services are focused on being at the forefront of the health and wellness sectors, developing technologies and solutions that are driving industry growth and transforming lives. The portfolio includes a range- of-products and services, from telemedicine platforms to wellness retreats and natural health remedies.