Emergence Global Enterprises (XTER:9VDA) Asset Turnover: 0.14 (As of Jul. 2022)


XTER:9VDA Emergence Global Enterprises Inc XTER:9VDA
39 GF Score
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What is Emergence Global Enterprises Asset Turnover?

Emergence Global Enterprises XTER:9VDA 39 Asset Turnover is 0.14 as of Jul. 2022. GuruFocus rates XTER:9VDA with a GF Score™ of 39/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Emergence Global Enterprises's Revenue for the three months ended in Jul. 2022 was €0.82 Mil. Emergence Global Enterprises's Total Assets for the quarter that ended in Jul. 2022 was €6.05 Mil. Therefore, Emergence Global Enterprises's Asset Turnover for the quarter that ended in Jul. 2022 was 0.14.

Asset Turnover is linked to ROE % through Du Pont Formula. Emergence Global Enterprises's annualized ROE % for the quarter that ended in Jul. 2022 was -12.19%. It is also linked to ROA % through Du Pont Formula. Emergence Global Enterprises's annualized ROA % for the quarter that ended in Jul. 2022 was -6.88%.


Emergence Global Enterprises  (XTER:9VDA) Asset Turnover Explanation

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

Emergence Global Enterprises's annulized ROE % for the quarter that ended in Jul. 2022 is

ROE %**(Q: Jul. 2022 )
=Net Income/Total Stockholders Equity
=-0.416/3.414
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.416 / 3.296)*(3.296 / 6.049)*(6.049/ 3.414)
=Net Margin %*Asset Turnover*Equity Multiplier
=-12.62 %*0.5449*1.7718
=ROA %*Equity Multiplier
=-6.88 %*1.7718
=-12.19 %

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

Emergence Global Enterprises's annulized ROA % for the quarter that ended in Jul. 2022 is

ROA %(Q: Jul. 2022 )
=Net Income/Total Assets
=-0.416/6.049
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.416 / 3.296)*(3.296 / 6.049)
=Net Margin %*Asset Turnover
=-12.62 %*0.5449
=-6.88 %

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


Emergence Global Enterprises Asset Turnover Related Terms


Emergence Global Enterprises Asset Turnover Historical Data

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The historical data trend for Emergence Global Enterprises'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.

Emergence Global Enterprises Asset Turnover Chart

Emergence Global Enterprises Annual Data
Trend Apr12 Apr13 Apr14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.00 0.00 0.00 0.76

Emergence Global Enterprises Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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 0.15 0.17 0.09 0.05 0.14

XTER:9VDA vs KHC, GIS, HRL: Asset Turnover Comparison

For the Packaged Foods subindustry, Emergence Global Enterprises'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.


Emergence Global Enterprises Asset Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Emergence Global Enterprises's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Emergence Global Enterprises's Asset Turnover falls into.


XTER:9VDA
39GF Score
Emergence Global Enterprises Inc XTER:9VDA
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Emergence Global Enterprises Asset Turnover Calculation

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

Emergence Global Enterprises's Asset Turnover for the fiscal year that ended in Oct. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Oct. 2021 )/( (Total Assets (A: Oct. 2020 )+Total Assets (A: Oct. 2021 ))/ count )
=1.66/( (0.003+4.36)/ 2 )
=1.66/2.1815
=0.76

Emergence Global Enterprises's Asset Turnover for the quarter that ended in Jul. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jul. 2022 )/( (Total Assets (Q: Apr. 2022 )+Total Assets (Q: Jul. 2022 ))/ count )
=0.824/( (4.91+7.188)/ 2 )
=0.824/6.049
=0.14

* 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 0.14 mean?
Emergence Global Enterprises (XTER:9VDA) has a Asset Turnover of 0.14 as of Jul. 2022. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Emergence Global Enterprises and its competitors.
Is Emergence Global Enterprises' Asset Turnover too high?
Emergence Global Enterprises' current Asset Turnover is 0.14. Overall, Emergence Global Enterprises has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Emergence Global Enterprises' Asset Turnover compare to KHC and GIS?
Emergence Global Enterprises' Asset Turnover of 0.14 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Asset Turnover depends on the Consumer Packaged Goods 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 Emergence Global Enterprises and its competitors. Emergence Global Enterprises's current Asset Turnover is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emergence Global Enterprises stock overvalued right now?
Emergence Global Enterprises (XTER:9VDA) has a current Asset Turnover of 0.14. The current Asset Turnover is 0.14. Emergence Global Enterprises' overall GF Score™ is 39/100. 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 Emergence Global Enterprises (XTER:9VDA), the current Asset Turnover is 0.14 as of Jul. 2022. 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.

Emergence Global Enterprises Business Description

Address 14 Centre Street, Essex, ON, CAN, N8M 1N9
Emergence Global Enterprises Inc is engaged in the business activity of acquiring, creating and building reputable consumer brands using innovation, integrated platforms and full traceability for the health food marketplace. Business is organized into segments being; Nature and Alternative, Health and wellness, Fitness and nutrition and Product Development. Revenue consists of income from the sales of sports nutrition and health products to distributors and retailers.
39GF Score

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