TSGO (Trade School Go) Asset Turnover: 0.37 (As of Sep. 2023)


TSGO Trade School Go Inc TSGO
12 GF Score
Price $0.12
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What is Trade School Go Asset Turnover?

Trade School Go TSGO -8.81% 12 Asset Turnover is 0.37 as of Sep. 2023. GuruFocus rates TSGO with a GF Score™ of 12/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Trade School Go's Revenue for the three months ended in Sep. 2023 was $1.18 Mil. Trade School Go's Total Assets for the quarter that ended in Sep. 2023 was $3.17 Mil. Therefore, Trade School Go's Asset Turnover for the quarter that ended in Sep. 2023 was 0.37.

Asset Turnover is linked to ROE % through Du Pont Formula. Trade School Go's annualized ROE % for the quarter that ended in Sep. 2023 was -88.28%. It is also linked to ROA % through Du Pont Formula. Trade School Go's annualized ROA % for the quarter that ended in Sep. 2023 was -36.31%.

Trade School Go  (OTCPK:TSGO) Asset Turnover Explanation

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

Trade School Go's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-1.152/1.305
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.152 / 4.704)*(4.704 / 3.173)*(3.173/ 1.305)
=Net Margin %*Asset Turnover*Equity Multiplier
=-24.49 %*1.4825*2.4314
=ROA %*Equity Multiplier
=-36.31 %*2.4314
=-88.28 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) 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:

Trade School Go's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=-1.152/3.173
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.152 / 4.704)*(4.704 / 3.173)
=Net Margin %*Asset Turnover
=-24.49 %*1.4825
=-36.31 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) 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.

Trade School Go Asset Turnover Related Terms

Trade School Go Asset Turnover Historical Data

* Premium members only.

The historical data trend for Trade School Go'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.

Trade School Go Asset Turnover Chart

Trade School Go Annual Data
Trend Oct07 Oct08 Oct09 Oct12 Oct13 Dec14 Dec15 Dec16 Dec17 Dec18
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 1.13 1.51 1.56 1.42

Trade School Go Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Sep22 Sep23
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 0.34 0.60 0.44 0.73 0.37

TSGO vs FRZT, WINR, VRVR: Asset Turnover Comparison

For the Education & Training Services subindustry, Trade School Go'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.

Trade School Go Asset Turnover vs Education Industry

For the Education industry and Consumer Defensive sector, Trade School Go's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Trade School Go's Asset Turnover falls into.


TSGO
12GF Score
Trade School Go Inc TSGO
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Trade School Go Asset Turnover Calculation

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

Trade School Go'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 )
=2.872/( (1.826+2.228)/ 2 )
=2.872/2.027
=1.42

Trade School Go's Asset Turnover for the quarter that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Sep. 2023 ))/ count )
=1.176/( (0+3.173)/ 1 )
=1.176/3.173
=0.37

* 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 0.37 mean?
Trade School Go (TSGO) has a Asset Turnover of 0.37 as of Sep. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Trade School Go and its competitors.
Is Trade School Go's Asset Turnover too high?
Trade School Go's current Asset Turnover is 0.37. Overall, Trade School Go has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Trade School Go's Asset Turnover compare to FRZT and WINR?
Trade School Go's Asset Turnover of 0.37 can be compared against companies in the Education 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 an Education company?
A good Asset Turnover depends on the Education 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 Trade School Go and its competitors. Trade School Go's current Asset Turnover is 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trade School Go stock overvalued right now?
Trade School Go (TSGO) has a current Asset Turnover of 0.37. The current Asset Turnover is 0.37. Trade School Go's overall GF Score™ is 12/100. 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 Trade School Go (TSGO), the current Asset Turnover is 0.37 as of Sep. 2023. 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.

Trade School Go Business Description

Address 1776 Broadway, Suite 2002, New York, NY, USA, 10019
Trade School Go Inc is engaged in providing right training program for in-demand trades like electrical work, plumbing, HVAC, welding, automotive technology, healthcare, IT, and more. It provides guidance to individuals through every step - from choosing a program to understanding licensing requirements to landing a job.
12GF Score

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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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