GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Identi Healthcare Ltd (XTAE:IDNT) » Definitions » Asset Turnover

Identi Healthcare (XTAE:IDNT) Asset Turnover : 0.00 (As of . 20)


View and export this data going back to 2021. Start your Free Trial

What is Identi Healthcare Asset Turnover?

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

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


Identi Healthcare Asset Turnover Historical Data

The historical data trend for Identi Healthcare'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.

Identi Healthcare Asset Turnover Chart

Identi Healthcare Annual Data
Trend
Asset Turnover

Identi Healthcare Semi-Annual Data
Asset Turnover

Competitive Comparison of Identi Healthcare's Asset Turnover

For the Health Information Services subindustry, Identi Healthcare'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.


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

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

* The bar in red indicates where Identi Healthcare's Asset Turnover falls into.


;
;

Identi Healthcare Asset Turnover Calculation

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

Identi Healthcare'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 )
=/( (+)/ )
=/
=

Identi Healthcare'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.


Identi Healthcare  (XTAE:IDNT) Asset Turnover Explanation

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

Identi Healthcare'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 two times the semi-annual (. 20) net income data. The Revenue data used here is two times the semi-annual (. 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:

Identi Healthcare's annulized ROA % for the quarter that ended in . 20 is

Note: The Net Income data used here is two times the semi-annual (. 20) net income data. The Revenue data used here is two times the semi-annual (. 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.


Identi Healthcare Asset Turnover Related Terms

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


Identi Healthcare Business Description

Traded in Other Exchanges
N/A
Address
9 Yad Harutzim Street, Poleg Industrial Zone, Building 9, P.O Box 8249, Netanya, ISR, 4250437
Identi Healthcare Ltd provides hospitals with data-capture solutions to create a real-time account of their medical inventories and consumption. The solutions offered by the company include Snap & Go, Smart Cabinet, Narcotics Cabinet, and LogiPlatform among others.

Identi Healthcare Headlines

No Headlines