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WindGen Energy (WindGen Energy) Asset Turnover : 0.00 (As of Sep. 2022)


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What is WindGen Energy Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. WindGen Energy's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. WindGen Energy's Total Assets for the quarter that ended in Sep. 2022 was $0.01 Mil. Therefore, WindGen Energy's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. WindGen Energy's annualized ROE % for the quarter that ended in Sep. 2022 was 5.06%. It is also linked to ROA % through Du Pont Formula. WindGen Energy's annualized ROA % for the quarter that ended in Sep. 2022 was -400.00%.


WindGen Energy Asset Turnover Historical Data

The historical data trend for WindGen Energy'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.

WindGen Energy Asset Turnover Chart

WindGen Energy Annual Data
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Asset Turnover
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WindGen Energy Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of WindGen Energy's Asset Turnover

For the Shell Companies subindustry, WindGen Energy'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.


WindGen Energy's Asset Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, WindGen Energy's Asset Turnover distribution charts can be found below:

* The bar in red indicates where WindGen Energy's Asset Turnover falls into.



WindGen Energy Asset Turnover Calculation

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

WindGen Energy's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=0/( (0+0.005)/ 1 )
=0/0.005
=0.00

WindGen Energy's Asset Turnover for the quarter that ended in Sep. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=0/( (0.005+0.005)/ 2 )
=0/0.005
=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.


WindGen Energy  (OTCPK:WGEI) Asset Turnover Explanation

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

WindGen Energy's annulized ROE % for the quarter that ended in Sep. 2022 is

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=-0.02/-0.3955
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.02 / 0)*(0 / 0.005)*(0.005/ -0.3955)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.0126
=ROA %*Equity Multiplier
=-400.00 %*-0.0126
=5.06 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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:

WindGen Energy's annulized ROA % for the quarter that ended in Sep. 2022 is

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=-0.02/0.005
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.02 / 0)*(0 / 0.005)
=Net Margin %*Asset Turnover
= %*0
=-400.00 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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.


WindGen Energy Asset Turnover Related Terms

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


WindGen Energy (WindGen Energy) Business Description

Traded in Other Exchanges
N/A
Address
8432 E. Shea Boulevard, Suite 101, Scottsdale, AZ, USA, 85260
WindGen Energy Inc is a shell company.
Executives
Ronald Conquest director, 10 percent owner, officer: Chairman and CEO (*) 3104 E. CAMELBACK ROAD, SUITE 242, PHOENIX AZ 85016
Law Investments Cr, S.a. 10 percent owner 15029 N. THOMPSON PEAK PARKWAY, SUITE B-111-520, SCOTTSDALE AZ 85260
Wendy Carriere director, officer: Secretary/Treasurer, CFO 14550 N. FRANK LLOYD WRIGHT BLVD., SUITE 100, SCOTTSDALE AZ 85260
Chi Lin Technology Co., Ltd. 10 percent owner NO.18, SHENG LI 1ST ST., JEN TE HSIANG, TAINAN COUNTY 71758, TAIWAN F4 00000
David P Martin director, officer: President 665 PALOMA COURT, BOULDER CITY NV 89005
Christopher R. Miller director, officer: Secretary/Treasurer; CFO 3875 EAST EVERETT DRIVE, PHOENIX AZ 85032
Wayne R. Myers director, officer: President; Prin Oper Officer 193A SUSSEX GARDENS, LONDON X0 W2 2RJ
Sng Consulting Llc 10 percent owner 15029 THOMPSON PEAK PKWY, B111-520, SCOTTSDALE AZ 85250
Ashley Conquest 10 percent owner 3104 E. CAMELBACK ROAD, SUITE 242, PHOENIX AZ 85016
Sheng Jung Chiang director NO. 71, TE LUN RD., JEN TE HSIANG, TAINAN COUNTY F5 717
Mao-song Lee director NO. 71, TE LUN RD., JEN TE HSIANG, TAINAN COUNTY F5 717
Richard Kent Bruggeman director, officer: Secretary/Treasurer 3167 S. 2850 E., SALT LAKE CITY UT 84109
Ralph Hoyt Henson director, officer: President & CEO 3092 TANGLEWOOD DRIVE, LAYTON UT 84040
Larry E Clark director, 10 percent owner 1036 OAKHILLS WAY, SALT LAKE CITY UT 84108

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