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Integrated Cyber Solutions (XCNQ:ICS) Asset Turnover : 1.76 (As of Dec. 2024)


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What is Integrated Cyber Solutions Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Integrated Cyber Solutions's Revenue for the three months ended in Dec. 2024 was C$0.36 Mil. Integrated Cyber Solutions's Total Assets for the quarter that ended in Dec. 2024 was C$0.20 Mil. Therefore, Integrated Cyber Solutions's Asset Turnover for the quarter that ended in Dec. 2024 was 1.76.

Asset Turnover is linked to ROE % through Du Pont Formula. Integrated Cyber Solutions's annualized ROE % for the quarter that ended in Dec. 2024 was 39.91%. It is also linked to ROA % through Du Pont Formula. Integrated Cyber Solutions's annualized ROA % for the quarter that ended in Dec. 2024 was -223.76%.


Integrated Cyber Solutions Asset Turnover Historical Data

The historical data trend for Integrated Cyber Solutions'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.

Integrated Cyber Solutions Asset Turnover Chart

Integrated Cyber Solutions Annual Data
Trend Jun22 Jun23 Jun24
Asset Turnover
- 2.73 2.68

Integrated Cyber Solutions Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.99 1.35 0.71 1.76

Competitive Comparison of Integrated Cyber Solutions's Asset Turnover

For the Software - Infrastructure subindustry, Integrated Cyber Solutions'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.


Integrated Cyber Solutions's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Integrated Cyber Solutions's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Integrated Cyber Solutions's Asset Turnover falls into.


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Integrated Cyber Solutions Asset Turnover Calculation

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

Integrated Cyber Solutions'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 )
=0.181/( (0.057+0.078)/ 2 )
=0.181/0.0675
=2.68

Integrated Cyber Solutions's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=0.356/( (0.103+0.301)/ 2 )
=0.356/0.202
=1.76

* 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.


Integrated Cyber Solutions  (XCNQ:ICS) Asset Turnover Explanation

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

Integrated Cyber Solutions's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-0.452/-1.1325
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.452 / 1.424)*(1.424 / 0.202)*(0.202/ -1.1325)
=Net Margin %*Asset Turnover*Equity Multiplier
=-31.74 %*7.0495*-0.1784
=ROA %*Equity Multiplier
=-223.76 %*-0.1784
=39.91 %

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

Integrated Cyber Solutions's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-0.452/0.202
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.452 / 1.424)*(1.424 / 0.202)
=Net Margin %*Asset Turnover
=-31.74 %*7.0495
=-223.76 %

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


Integrated Cyber Solutions Asset Turnover Related Terms

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Integrated Cyber Solutions Business Description

Traded in Other Exchanges
Address
1 Stiles Road, Salem, NH, USA, 03079
Integrated Cyber Solutions Inc is engaged in cybersecurity managed services in the United States of America (USA). The group-managed security service provider (MSSP) delivers cybersecurity-managed services to the Small-to-Medium Business (SMB) and Small-to-Medium Enterprise (SME) segments, integrating capabilities from third-party cybersecurity providers. Its long-lived assets are located in the USA, and all revenue is in the USA.

Integrated Cyber Solutions Headlines

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