OOOOO Entertainment Commerce (TSXV:OOOO.H) Asset Turnover: 0.00 (As of Jul. 2023)

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What is OOOOO Entertainment Commerce Asset Turnover?

OOOOO Entertainment Commerce TSXV:OOOO.H Asset Turnover is 0.00 as of Jul. 2023.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. OOOOO Entertainment Commerce's Revenue for the three months ended in Jul. 2023 was C$0.00 Mil. OOOOO Entertainment Commerce's Total Assets for the quarter that ended in Jul. 2023 was C$2.11 Mil. Therefore, OOOOO Entertainment Commerce's Asset Turnover for the quarter that ended in Jul. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. OOOOO Entertainment Commerce's annualized ROE % for the quarter that ended in Jul. 2023 was 17.12%. It is also linked to ROA % through Du Pont Formula. OOOOO Entertainment Commerce's annualized ROA % for the quarter that ended in Jul. 2023 was -22.79%.


OOOOO Entertainment Commerce  (TSXV:OOOO.H) Asset Turnover Explanation

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

OOOOO Entertainment Commerce's annulized ROE % for the quarter that ended in Jul. 2023 is

ROE %**(Q: Jul. 2023 )
=Net Income/Total Stockholders Equity
=-0.48/-2.804
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.48 / 0)*(0 / 2.1065)*(2.1065/ -2.804)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.7512
=ROA %*Equity Multiplier
=-22.79 %*-0.7512
=17.12 %

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

OOOOO Entertainment Commerce's annulized ROA % for the quarter that ended in Jul. 2023 is

ROA %(Q: Jul. 2023 )
=Net Income/Total Assets
=-0.48/2.1065
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.48 / 0)*(0 / 2.1065)
=Net Margin %*Asset Turnover
= %*0
=-22.79 %

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


OOOOO Entertainment Commerce Asset Turnover Related Terms


OOOOO Entertainment Commerce Asset Turnover Historical Data

* Premium members only.

The historical data trend for OOOOO Entertainment Commerce'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.

OOOOO Entertainment Commerce Asset Turnover Chart

OOOOO Entertainment Commerce Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Oct21 Oct22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.41 0.14

OOOOO Entertainment Commerce Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
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 0.05 -0.00 0.00 0.00 0.00

TSXV:OOOO.H vs GOOGL, META, BIDU: Asset Turnover Comparison

For the Internet Content & Information subindustry, OOOOO Entertainment Commerce'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.


OOOOO Entertainment Commerce Asset Turnover vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, OOOOO Entertainment Commerce's Asset Turnover distribution charts can be found below:

* The bar in red indicates where OOOOO Entertainment Commerce's Asset Turnover falls into.



OOOOO Entertainment Commerce Asset Turnover Calculation

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

OOOOO Entertainment Commerce's Asset Turnover for the fiscal year that ended in Oct. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Oct. 2022 )/( (Total Assets (A: Oct. 2021 )+Total Assets (A: Oct. 2022 ))/ count )
=0.352/( (0+2.609)/ 1 )
=0.352/2.609
=0.13

OOOOO Entertainment Commerce's Asset Turnover for the quarter that ended in Jul. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jul. 2023 )/( (Total Assets (Q: Apr. 2023 )+Total Assets (Q: Jul. 2023 ))/ count )
=0/( (2.17+2.043)/ 2 )
=0/2.1065
=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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.00 mean?
OOOOO Entertainment Commerce (TSXV:OOOO.H) has a Asset Turnover of 0.00 as of Jul. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on OOOOO Entertainment Commerce and its competitors.
Is OOOOO Entertainment Commerce's Asset Turnover too high?
OOOOO Entertainment Commerce's current Asset Turnover is 0.00.
How does OOOOO Entertainment Commerce's Asset Turnover compare to GOOGL and META?
OOOOO Entertainment Commerce's Asset Turnover of 0.00 can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Asset Turnover depends on the Interactive Media 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 OOOOO Entertainment Commerce and its competitors. OOOOO Entertainment Commerce's current Asset Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OOOOO Entertainment Commerce stock overvalued right now?
OOOOO Entertainment Commerce (TSXV:OOOO.H) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. 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 OOOOO Entertainment Commerce (TSXV:OOOO.H), the current Asset Turnover is 0.00 as of Jul. 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.

OOOOO Entertainment Commerce Business Description

Address C/O 1000 - 925 West Georgia Street, Vancouver, BC, CAN, V6C 3L2
OOOOO Entertainment Commerce Ltd operates a technology platform that enables retailers, brands, and entrepreneurs to share product-based opinions directly to consumers through live, interactive, shoppable videos. The platform also offers gamification and social features which reward the community for helping to grow the user base, reducing the need for traditional ad networks.