Lords and Company Worldwide Holdings (XCNQ:LRDS) Asset Turnover: -0.11 (As of Aug. 2023)

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What is Lords and Company Worldwide Holdings Asset Turnover?

Lords and Company Worldwide Holdings XCNQ:LRDS Asset Turnover is -0.11 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. Lords and Company Worldwide Holdings's Revenue for the three months ended in Aug. 2023 was C$-0.31 Mil. Lords and Company Worldwide Holdings's Total Assets for the quarter that ended in Aug. 2023 was C$2.70 Mil. Therefore, Lords and Company Worldwide Holdings's Asset Turnover for the quarter that ended in Aug. 2023 was -0.11.

Asset Turnover is linked to ROE % through Du Pont Formula. Lords and Company Worldwide Holdings's annualized ROE % for the quarter that ended in Aug. 2023 was -165.47%. It is also linked to ROA % through Du Pont Formula. Lords and Company Worldwide Holdings's annualized ROA % for the quarter that ended in Aug. 2023 was -53.88%.


Lords and Company Worldwide Holdings  (XCNQ:LRDS) Asset Turnover Explanation

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

Lords and Company Worldwide Holdings's annulized ROE % for the quarter that ended in Aug. 2023 is

ROE %**(Q: Aug. 2023 )
=Net Income/Total Stockholders Equity
=-1.452/0.8775
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.452 / -1.232)*(-1.232 / 2.695)*(2.695/ 0.8775)
=Net Margin %*Asset Turnover*Equity Multiplier
=117.86 %*-0.4571*3.0712
=ROA %*Equity Multiplier
=-53.88 %*3.0712
=-165.47 %

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:

Lords and Company Worldwide Holdings's annulized ROA % for the quarter that ended in Aug. 2023 is

ROA %(Q: Aug. 2023 )
=Net Income/Total Assets
=-1.452/2.695
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.452 / -1.232)*(-1.232 / 2.695)
=Net Margin %*Asset Turnover
=117.86 %*-0.4571
=-53.88 %

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.


Lords and Company Worldwide Holdings Asset Turnover Related Terms


Lords and Company Worldwide Holdings Asset Turnover Historical Data

* Premium members only.

The historical data trend for Lords and Company Worldwide Holdings'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.

Lords and Company Worldwide Holdings Asset Turnover Chart

Lords and Company Worldwide Holdings Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Aug20 Nov21 Nov22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 1.01

Lords and Company Worldwide Holdings Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
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 -0.04 0.29 -0.03 0.01 -0.11

XCNQ:LRDS vs ZTS, CTLT, VTRS: Asset Turnover Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Lords and Company Worldwide Holdings'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.


Lords and Company Worldwide Holdings Asset Turnover vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Lords and Company Worldwide Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Lords and Company Worldwide Holdings's Asset Turnover falls into.



Lords and Company Worldwide Holdings Asset Turnover Calculation

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

Lords and Company Worldwide Holdings's Asset Turnover for the fiscal year that ended in Nov. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Nov. 2022 )/( (Total Assets (A: Nov. 2021 )+Total Assets (A: Nov. 2022 ))/ count )
=0.245/( (0.072+0.411)/ 2 )
=0.245/0.2415
=1.01

Lords and Company Worldwide Holdings'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: May. 2023 )+Total Assets (Q: Aug. 2023 ))/ count )
=-0.308/( (2.673+2.717)/ 2 )
=-0.308/2.695
=-0.11

* 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 -0.11 mean?
Lords and Company Worldwide Holdings (XCNQ:LRDS) has a Asset Turnover of -0.11 as of Aug. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Lords and Company Worldwide Holdings and its competitors.
Is Lords and Company Worldwide Holdings' Asset Turnover too high?
Lords and Company Worldwide Holdings' current Asset Turnover is -0.11.
How does Lords and Company Worldwide Holdings' Asset Turnover compare to ZTS and CTLT?
Lords and Company Worldwide Holdings' Asset Turnover of -0.11 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 Lords and Company Worldwide Holdings and its competitors. Lords and Company Worldwide Holdings's current Asset Turnover is -0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lords and Company Worldwide Holdings stock overvalued right now?
Lords and Company Worldwide Holdings (XCNQ:LRDS) has a current Asset Turnover of -0.11. The current Asset Turnover is -0.11. 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 Lords and Company Worldwide Holdings (XCNQ:LRDS), the current Asset Turnover is -0.11 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.

Lords and Company Worldwide Holdings Business Description

Address 409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2
Lords and Company Worldwide Holdings Corp develops, produces, and markets lifestyle apparel and natural health products through its e-Commerce platform to retail, B2B and B2C, consumers in North America and Europe utilizing its proprietary direct-to-consumer platform. Through continuous strategic white labelling, Lords has a footprint in the nutraceutical product markets.