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Clean Tech Biofuels (Clean Tech Biofuels) Asset Turnover : 0.00 (As of Sep. 2019)


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What is Clean Tech Biofuels Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Clean Tech Biofuels's Revenue for the three months ended in Sep. 2019 was $0.00 Mil. Clean Tech Biofuels's Total Assets for the quarter that ended in Sep. 2019 was $2.19 Mil. Therefore, Clean Tech Biofuels's Asset Turnover for the quarter that ended in Sep. 2019 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Clean Tech Biofuels's annualized ROE % for the quarter that ended in Sep. 2019 was 10.96%. It is also linked to ROA % through Du Pont Formula. Clean Tech Biofuels's annualized ROA % for the quarter that ended in Sep. 2019 was -25.95%.


Clean Tech Biofuels Asset Turnover Historical Data

The historical data trend for Clean Tech Biofuels'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.

Clean Tech Biofuels Asset Turnover Chart

Clean Tech Biofuels Annual Data
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Clean Tech Biofuels Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of Clean Tech Biofuels's Asset Turnover

For the Specialty Chemicals subindustry, Clean Tech Biofuels'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.


Clean Tech Biofuels's Asset Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Clean Tech Biofuels's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Clean Tech Biofuels's Asset Turnover falls into.



Clean Tech Biofuels Asset Turnover Calculation

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

Clean Tech Biofuels's Asset Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2018 )/( (Total Assets (A: Dec. 2017 )+Total Assets (A: Dec. 2018 ))/ count )
=0/( (2.314+2.222)/ 2 )
=0/2.268
=0.00

Clean Tech Biofuels's Asset Turnover for the quarter that ended in Sep. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2019 )/( (Total Assets (Q: Jun. 2019 )+Total Assets (Q: Sep. 2019 ))/ count )
=0/( (2.189+2.188)/ 2 )
=0/2.1885
=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.


Clean Tech Biofuels  (OTCPK:CLTH) Asset Turnover Explanation

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

Clean Tech Biofuels's annulized ROE % for the quarter that ended in Sep. 2019 is

ROE %**(Q: Sep. 2019 )
=Net Income/Total Stockholders Equity
=-0.568/-5.184
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.568 / 0)*(0 / 2.1885)*(2.1885/ -5.184)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.4222
=ROA %*Equity Multiplier
=-25.95 %*-0.4222
=10.96 %

Note: The Net Income data used here is four times the quarterly (Sep. 2019) net income data. The Revenue data used here is four times the quarterly (Sep. 2019) 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:

Clean Tech Biofuels's annulized ROA % for the quarter that ended in Sep. 2019 is

ROA %(Q: Sep. 2019 )
=Net Income/Total Assets
=-0.568/2.1885
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.568 / 0)*(0 / 2.1885)
=Net Margin %*Asset Turnover
= %*0
=-25.95 %

Note: The Net Income data used here is four times the quarterly (Sep. 2019) net income data. The Revenue data used here is four times the quarterly (Sep. 2019) 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.


Clean Tech Biofuels Asset Turnover Related Terms

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Clean Tech Biofuels (Clean Tech Biofuels) Business Description

Traded in Other Exchanges
N/A
Address
7386 Pershing Avenue, St. Louis, MO, USA, 63130
Clean Tech Biofuels Inc is a development stage company engaged in providing cellulosic biomass derived from municipal solid waste (MSW). The company involves in producing energy and other chemical products, and recyclables (metals, plastics, and glass) from the MSW. Its biomass recovery process which is based on the pressurized steam classification (PSC) technology cleans and separates MSW and generates a clean, homogeneous biomass feedstock. It focuses on designing, building and operating a commercial biomass recovery plant that will allow the company to produce biomass feedstock for its customers.

Clean Tech Biofuels (Clean Tech Biofuels) Headlines

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