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Ultimate Sports (Ultimate Sports) Asset Turnover : 0.00 (As of . 20)


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What is Ultimate Sports Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Ultimate Sports's Revenue for the three months ended in . 20 was $ Mil. Ultimate Sports's Total Assets for the quarter that ended in . 20 was $ Mil. Therefore, Ultimate Sports's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Ultimate Sports's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. Ultimate Sports's annualized ROA % for the quarter that ended in . 20 was %.


Ultimate Sports Asset Turnover Historical Data

The historical data trend for Ultimate Sports'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.

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Ultimate Sports Asset Turnover Chart

Ultimate Sports Annual Data
Trend
Asset Turnover

Ultimate Sports Quarterly Data
Asset Turnover

Competitive Comparison of Ultimate Sports's Asset Turnover

For the Health Information Services subindustry, Ultimate Sports'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.


Ultimate Sports's Asset Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ultimate Sports's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Ultimate Sports's Asset Turnover falls into.



Ultimate Sports Asset Turnover Calculation

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

Ultimate Sports's Asset Turnover for the fiscal year that ended in . 20 is calculated as

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

Ultimate Sports's Asset Turnover for the quarter that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
=

* 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.


Ultimate Sports  (OTCPK:USPS) Asset Turnover Explanation

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

Ultimate Sports's annulized ROE % for the quarter that ended in . 20 is

ROE %**(Q: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=( / )*( / )*(/ )
=Net Margin %*Asset Turnover*Equity Multiplier
= %**
=ROA %*Equity Multiplier
= %*
= %

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) 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:

Ultimate Sports's annulized ROA % for the quarter that ended in . 20 is

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) 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.


Ultimate Sports Asset Turnover Related Terms

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Ultimate Sports (Ultimate Sports) Business Description

Traded in Other Exchanges
N/A
Address
1843 North 15th Street, Lafayette, IN, USA, 47904
Ultimate Sports Inc's Mens Advanced RX Online Medical Clinic provides licensed physicians to diagnose and treat male health and wellness issues using a new standard of care for men that simply don't have the time or want to avoid the potential embarrassment of sitting in a men's ED clinic waiting for diagnosis and treatment.

Ultimate Sports (Ultimate Sports) Headlines