UBQU (Ubiquitech Software) Asset Turnover: 0.21 (As of Aug. 2023)


What is Ubiquitech Software Asset Turnover?

Ubiquitech Software UBQU -95.00% Asset Turnover is 0.21 as of Aug. 2023.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Ubiquitech Software's Revenue for the three months ended in Aug. 2023 was $0.04 Mil. Ubiquitech Software's Total Assets for the quarter that ended in Aug. 2023 was $0.20 Mil. Therefore, Ubiquitech Software's Asset Turnover for the quarter that ended in Aug. 2023 was 0.21.

Asset Turnover is linked to ROE % through Du Pont Formula. Ubiquitech Software's annualized ROE % for the quarter that ended in Aug. 2023 was 13.14%. It is also linked to ROA % through Du Pont Formula. Ubiquitech Software's annualized ROA % for the quarter that ended in Aug. 2023 was -95.43%.

Ubiquitech Software  (OTCPK:UBQU) Asset Turnover Explanation

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

Ubiquitech Software's annulized ROE % for the quarter that ended in Aug. 2023 is

ROE %**(Q: Aug. 2023 )
=Net Income/Total Stockholders Equity
=-0.188/-1.431
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.188 / 0.168)*(0.168 / 0.197)*(0.197/ -1.431)
=Net Margin %*Asset Turnover*Equity Multiplier
=-111.9 %*0.8528*-0.1377
=ROA %*Equity Multiplier
=-95.43 %*-0.1377
=13.14 %

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

Ubiquitech Software's annulized ROA % for the quarter that ended in Aug. 2023 is

ROA %(Q: Aug. 2023 )
=Net Income/Total Assets
=-0.188/0.197
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.188 / 0.168)*(0.168 / 0.197)
=Net Margin %*Asset Turnover
=-111.9 %*0.8528
=-95.43 %

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

Ubiquitech Software Asset Turnover Related Terms

Ubiquitech Software Asset Turnover Historical Data

* Premium members only.

The historical data trend for Ubiquitech Software'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.

Ubiquitech Software Asset Turnover Chart

Ubiquitech Software Annual Data
Trend Aug08
Asset Turnover
0.00

Ubiquitech Software Quarterly Data
Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug22 Aug23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 78.00 0.21

UBQU vs ZTS: Asset Turnover Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Ubiquitech Software'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.

Ubiquitech Software Asset Turnover vs Drug Manufacturers Industry

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

* The bar in red indicates where Ubiquitech Software's Asset Turnover falls into.


Ubiquitech Software Asset Turnover Calculation

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

Ubiquitech Software's Asset Turnover for the fiscal year that ended in Aug. 2008 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Aug. 2008 )/( (Total Assets (A: . 20 )+Total Assets (A: Aug. 2008 ))/ count )
=/( (+)/ )
=/
=

Ubiquitech Software's Asset Turnover for the quarter that ended in Aug. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Aug. 2023 )/( (Total Assets (Q: Aug. 2022 )+Total Assets (Q: Aug. 2023 ))/ count )
=0.042/( (0+0.197)/ 1 )
=0.042/0.197
=0.21

* 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 0.21 mean?
Ubiquitech Software (UBQU) has a Asset Turnover of 0.21 as of Aug. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Ubiquitech Software and its competitors.
Is Ubiquitech Software's Asset Turnover too high?
Ubiquitech Software's current Asset Turnover is 0.21.
How does Ubiquitech Software's Asset Turnover compare to ZTS?
Ubiquitech Software's Asset Turnover of 0.21 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 Ubiquitech Software and its competitors. Ubiquitech Software's current Asset Turnover is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ubiquitech Software stock overvalued right now?
Ubiquitech Software (UBQU) has a current Asset Turnover of 0.21. The current Asset Turnover is 0.21. 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 Ubiquitech Software (UBQU), the current Asset Turnover is 0.21 as of Aug. 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.

Ubiquitech Software Business Description

Address 3570 East 12th Avenue, Denver, CO, USA, 80206
Ubiquitech Software Corp is a United States-based multi-media, multi-faceted company. It is engaged in utilizing world-wide internet marketing, direct response television, radio, and traditional marketing to drive traffic to the new industries. The company also focuses on developing Cannabidiol (CBD) Hemp derived products. It owns the proprietary CBD brand CannazALL. The company offers the products through its internally designed and operated web portal.