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Borneo Resource Investments (Borneo Resource Investments) Asset Turnover : 0.00 (As of Mar. 2015)


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What is Borneo Resource Investments Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Borneo Resource Investments's Revenue for the three months ended in Mar. 2015 was $0.00 Mil. Borneo Resource Investments's Total Assets for the quarter that ended in Mar. 2015 was $0.51 Mil. Therefore, Borneo Resource Investments's Asset Turnover for the quarter that ended in Mar. 2015 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Borneo Resource Investments's annualized ROE % for the quarter that ended in Mar. 2015 was 53.34%. It is also linked to ROA % through Du Pont Formula. Borneo Resource Investments's annualized ROA % for the quarter that ended in Mar. 2015 was -899.32%.


Borneo Resource Investments Asset Turnover Historical Data

The historical data trend for Borneo Resource Investments'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.

Borneo Resource Investments Asset Turnover Chart

Borneo Resource Investments Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Asset Turnover
- - 0.31 0.39

Borneo Resource Investments Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 0.05 0.07 0.07 0.01 -

Competitive Comparison of Borneo Resource Investments's Asset Turnover

For the Other Industrial Metals & Mining subindustry, Borneo Resource Investments'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.


Borneo Resource Investments's Asset Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Borneo Resource Investments's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Borneo Resource Investments's Asset Turnover falls into.



Borneo Resource Investments Asset Turnover Calculation

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

Borneo Resource Investments's Asset Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2014 )/( (Total Assets (A: Dec. 2013 )+Total Assets (A: Dec. 2014 ))/ count )
=1.53/( (7.255+0.531)/ 2 )
=1.53/3.893
=0.39

Borneo Resource Investments's Asset Turnover for the quarter that ended in Mar. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2015 )/( (Total Assets (Q: Dec. 2014 )+Total Assets (Q: Mar. 2015 ))/ count )
=0/( (0.531+0.492)/ 2 )
=0/0.5115
=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.


Borneo Resource Investments  (OTCPK:BRNE) Asset Turnover Explanation

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

Borneo Resource Investments's annulized ROE % for the quarter that ended in Mar. 2015 is

ROE %**(Q: Mar. 2015 )
=Net Income/Total Stockholders Equity
=-4.6/-8.624
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-4.6 / 0)*(0 / 0.5115)*(0.5115/ -8.624)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.0593
=ROA %*Equity Multiplier
=-899.32 %*-0.0593
=53.34 %

Note: The Net Income data used here is four times the quarterly (Mar. 2015) net income data. The Revenue data used here is four times the quarterly (Mar. 2015) 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:

Borneo Resource Investments's annulized ROA % for the quarter that ended in Mar. 2015 is

ROA %(Q: Mar. 2015 )
=Net Income/Total Assets
=-4.6/0.5115
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-4.6 / 0)*(0 / 0.5115)
=Net Margin %*Asset Turnover
= %*0
=-899.32 %

Note: The Net Income data used here is four times the quarterly (Mar. 2015) net income data. The Revenue data used here is four times the quarterly (Mar. 2015) 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.


Borneo Resource Investments Asset Turnover Related Terms

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Borneo Resource Investments (Borneo Resource Investments) Business Description

Traded in Other Exchanges
N/A
Address
300 Lenora Street, No. 876, Seattle, WA, USA, 98121-2411
Borneo Resource Investments Ltd is an exploration-stage company. It is an aggregator of proven EV metal and natural resource concession assets in the Republic of Indonesia. In addition, the company seeks and evaluates other compatible opportunities and will conduct mining operations upon regulatory approval.
Executives
Hon Wai Ku officer: Chief Financial Officer SUITE 815, 8TH FLOOR, OCEAN CENTRE, HARBOUR CITY, 5 CANTON ROAD, KOWLOON,, HONG KONG F4 0000

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