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Total Telcom (TSXV:TTZ) Asset Turnover : 0.09 (As of Sep. 2024)


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What is Total Telcom Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Total Telcom's Revenue for the three months ended in Sep. 2024 was C$0.48 Mil. Total Telcom's Total Assets for the quarter that ended in Sep. 2024 was C$5.55 Mil. Therefore, Total Telcom's Asset Turnover for the quarter that ended in Sep. 2024 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. Total Telcom's annualized ROE % for the quarter that ended in Sep. 2024 was 5.12%. It is also linked to ROA % through Du Pont Formula. Total Telcom's annualized ROA % for the quarter that ended in Sep. 2024 was 4.54%.


Total Telcom Asset Turnover Historical Data

The historical data trend for Total Telcom'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.

Total Telcom Asset Turnover Chart

Total Telcom Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.48 0.40 0.52 0.38

Total Telcom Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.07 0.12 0.10 0.09 0.09

Competitive Comparison of Total Telcom's Asset Turnover

For the Communication Equipment subindustry, Total Telcom'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.


Total Telcom's Asset Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Total Telcom's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Total Telcom's Asset Turnover falls into.



Total Telcom Asset Turnover Calculation

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

Total Telcom's Asset Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2024 )/( (Total Assets (A: Jun. 2023 )+Total Assets (A: Jun. 2024 ))/ count )
=1.971/( (4.928+5.529)/ 2 )
=1.971/5.2285
=0.38

Total Telcom's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0.484/( (5.529+5.561)/ 2 )
=0.484/5.545
=0.09

* 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.


Total Telcom  (TSXV:TTZ) Asset Turnover Explanation

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

Total Telcom's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=0.252/4.923
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.252 / 1.936)*(1.936 / 5.545)*(5.545/ 4.923)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.02 %*0.3491*1.1263
=ROA %*Equity Multiplier
=4.54 %*1.1263
=5.12 %

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

Total Telcom's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=0.252/5.545
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.252 / 1.936)*(1.936 / 5.545)
=Net Margin %*Asset Turnover
=13.02 %*0.3491
=4.54 %

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


Total Telcom Asset Turnover Related Terms

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


Total Telcom Business Description

Traded in Other Exchanges
Address
1632 Dickson Avenue, Suite 540, Kelowna, BC, CAN, V1Y 7T2
Total Telcom Inc along with its subsidiaries is engaged in the development and sale of remote asset monitoring and tracking products and services. Geographically, the company derives a majority of revenue from the United States and also has a presence in Canada, and other countries.
Executives
Gianpaolo Fabrisio Andreola Director
Scott Allen Director
David Harry Hammermeister Director

Total Telcom Headlines

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