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Community Redevelopment (Community Redevelopment) Asset Turnover : 0.00 (As of Sep. 2023)


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What is Community Redevelopment Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Community Redevelopment's Revenue for the three months ended in Sep. 2023 was $0.00 Mil. Community Redevelopment's Total Assets for the quarter that ended in Sep. 2023 was $12.89 Mil. Therefore, Community Redevelopment's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Community Redevelopment's annualized ROE % for the quarter that ended in Sep. 2023 was 203.07%. It is also linked to ROA % through Du Pont Formula. Community Redevelopment's annualized ROA % for the quarter that ended in Sep. 2023 was -11.30%.


Community Redevelopment Asset Turnover Historical Data

The historical data trend for Community Redevelopment'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.

Community Redevelopment Asset Turnover Chart

Community Redevelopment Annual Data
Trend Jan01 Jan02 Dec19 Dec20 Dec21 Dec22
Asset Turnover
Get a 7-Day Free Trial 1.30 - - - 0.01

Community Redevelopment Quarterly Data
Jan02 Apr02 Jul02 Jan03 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - 0.01 - - -

Competitive Comparison of Community Redevelopment's Asset Turnover

For the Real Estate - Diversified subindustry, Community Redevelopment'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.


Community Redevelopment's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Community Redevelopment's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Community Redevelopment's Asset Turnover falls into.



Community Redevelopment Asset Turnover Calculation

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

Community Redevelopment's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=0.094/( (19.556+7.584)/ 2 )
=0.094/13.57
=0.01

Community Redevelopment's Asset Turnover for the quarter that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0/( (12.473+13.3)/ 2 )
=0/12.8865
=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.


Community Redevelopment  (OTCPK:CRDV) Asset Turnover Explanation

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

Community Redevelopment's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-1.456/-0.717
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.456 / 0)*(0 / 12.8865)*(12.8865/ -0.717)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-17.9728
=ROA %*Equity Multiplier
=-11.30 %*-17.9728
=203.07 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 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:

Community Redevelopment's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=-1.456/12.8865
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.456 / 0)*(0 / 12.8865)
=Net Margin %*Asset Turnover
= %*0
=-11.30 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


Community Redevelopment Asset Turnover Related Terms

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Community Redevelopment (Community Redevelopment) Business Description

Traded in Other Exchanges
N/A
Address
1910 Towne Centre Boulevard, Suite 250, Annapolis, MD, USA, 21401
Community Redevelopment Inc is a full-service developer of mixed-use commercial and multifamily residential communities in the continental United States. The company provides affordable housing and economic opportunities for the residents.
Executives
Charles Arnold director C/O COMMUNITY REDEVELOPMENT, INC., 20295 NE 29TH PLACE, #200, AVENTURA FL 33180
Joseph Gibbons director 10589 VERSAILLES BLVD., WELLINGTON FL 33449
Robert Grinberg other: Shares received in Merger 19515 PRESIDENTIAL WAY, MIAMI FL 33179
Benjamin Kaplan other: Shares received in Merger C/O EHAVE, INC. 18851 NE 29TH AVENUE,, SUITE 700, AVENTURA FL 33180
Garfield Antonio director, 10 percent owner 20295 NE 29TH PLACE, #200, AVENTURA FL 33180
Kevin Lee Humes director, 10 percent owner 2735 NW 163 STREET, MIAMI GARDENS FL 33054
Ronald Alden Silver director, 10 percent owner 2031 NE 209TH ST., NORTH MIAMI BEACH FL 33179
Stalin A Cruz director, 10 percent owner 20295 NE 29TH PLACE, #200, AVENTURA FL 33180

Community Redevelopment (Community Redevelopment) Headlines