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Dror Ortho-Design (Dror Ortho-Design) Asset Turnover : 0.00 (As of Mar. 2024)


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What is Dror Ortho-Design Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Dror Ortho-Design's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Dror Ortho-Design's Total Assets for the quarter that ended in Mar. 2024 was $3.07 Mil. Therefore, Dror Ortho-Design's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Dror Ortho-Design's annualized ROE % for the quarter that ended in Mar. 2024 was -188.44%. It is also linked to ROA % through Du Pont Formula. Dror Ortho-Design's annualized ROA % for the quarter that ended in Mar. 2024 was -170.48%.


Dror Ortho-Design Asset Turnover Historical Data

The historical data trend for Dror Ortho-Design'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.

Dror Ortho-Design Asset Turnover Chart

Dror Ortho-Design Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.01 - -

Dror Ortho-Design Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Dror Ortho-Design's Asset Turnover

For the Electronic Gaming & Multimedia subindustry, Dror Ortho-Design'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.


Dror Ortho-Design's Asset Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Dror Ortho-Design's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Dror Ortho-Design's Asset Turnover falls into.



Dror Ortho-Design Asset Turnover Calculation

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

Dror Ortho-Design's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=0/( (1.143+3.464)/ 2 )
=0/2.3035
=0.00

Dror Ortho-Design's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0/( (3.464+2.674)/ 2 )
=0/3.069
=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.


Dror Ortho-Design  (OTCPK:DROR) Asset Turnover Explanation

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

Dror Ortho-Design's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-5.232/2.7765
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-5.232 / 0)*(0 / 3.069)*(3.069/ 2.7765)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.1053
=ROA %*Equity Multiplier
=-170.48 %*1.1053
=-188.44 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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:

Dror Ortho-Design's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-5.232/3.069
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-5.232 / 0)*(0 / 3.069)
=Net Margin %*Asset Turnover
= %*0
=-170.48 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


Dror Ortho-Design Asset Turnover Related Terms

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


Dror Ortho-Design (Dror Ortho-Design) Business Description

Traded in Other Exchanges
N/A
Address
100 Merrick Road, Suite 400W, Rockville Center, New York, NY, USA, 11570
Dror Ortho-Design Inc Formerly Novint Technologies Inc is engaged in the development and sale of 3D haptics products and equipment. The company's focus is on the consumer interactive computer gaming market, but it also does project work in other areas. Its operations are based in New Mexico with sales of its haptics products primarily to consumers through retail outlets.
Executives
Eliyahu Haddad director, officer: Chief Executive Officer SHATNER STREET 3, JERUSALEM L3 NA
Chaim Ravad director SHATNER STREET 3, JERUSALEM L3 NA
Yehuda Englander director SHATNER STREET 3, JERUSALEM L3 NA
Moshe Shvets director, officer: Chief Technology Officer SHATNER STREET 3, JERUSALEM L3 NA
Chaim Hurvitz director C/O GALMED PHARMACEUTICALS LTD., 8 SHAUL, HAMELECH BLVD, AMOT HAMISHPAT BLDG., TEL AVIV L3 64733
Orin Hirschman director, officer: Chief Executive Officer 101 EAST 52ND ST, NEW YORK NY 10022
Ryan Christoff director 480 JOHNSON ROAD SUITE 303, WASHINGTON PA 15301
Congregation Ahavas Tzdokah Vchesed Inc. 10 percent owner, other: See Explanation of Responses 1347 42ND STREET, BROOKLYN NY 11219
Ellis International L.p. other: See Explanation of Responses 100 MERRICK ROAD, SUITE 400W, ROCKVILLE CENTRE NY 11570
Brian W Long director 1010 OHIO RIVER BLVD., PITTSBURGH PA 15202
Shannon Lee Vissman director, 10 percent owner 1241 TURNBERRY DRIVE, UPPER ST. CLAIR PA 15241
Jan K Richardson director 1821 HILLANDALE RD., SUITE 307, DURHAM NC 27705
Aigh Investment Partners, Llc 10 percent owner 6006 BERKELEY AVENUE, BALTIMORE MD 21209
V Gerald Grafe director 901 RIO GRANDE BOULEVARD NW, BUILDING H, SUITE 262, ALBUQUERQUE NM 87104
Walter A Aviles 10 percent owner, officer: Chief Technical Officer 9620 SAN MATEO BOULEVARD NE, ALBUQUERQUE NM 87113

Dror Ortho-Design (Dror Ortho-Design) Headlines