GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Industrial Nanotech Inc (OTCPK:INTK) » Definitions » Asset Turnover

Industrial Nanotech (Industrial Nanotech) Asset Turnover : 0.00 (As of . 20)


View and export this data going back to 2004. Start your Free Trial

What is Industrial Nanotech Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Industrial Nanotech's Revenue for the three months ended in . 20 was $ Mil. Industrial Nanotech's Total Assets for the quarter that ended in . 20 was $ Mil. Therefore, Industrial Nanotech's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Industrial Nanotech's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. Industrial Nanotech's annualized ROA % for the quarter that ended in . 20 was %.


Industrial Nanotech Asset Turnover Historical Data

The historical data trend for Industrial Nanotech'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.

Industrial Nanotech Asset Turnover Chart

Industrial Nanotech Annual Data
Trend
Asset Turnover

Industrial Nanotech Quarterly Data
Asset Turnover

Competitive Comparison of Industrial Nanotech's Asset Turnover

For the Specialty Chemicals subindustry, Industrial Nanotech'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.


Industrial Nanotech's Asset Turnover Distribution in the Chemicals Industry

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

* The bar in red indicates where Industrial Nanotech's Asset Turnover falls into.



Industrial Nanotech Asset Turnover Calculation

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

Industrial Nanotech's Asset Turnover for the fiscal year that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
=

Industrial Nanotech's Asset Turnover for the quarter that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
=

* 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.


Industrial Nanotech  (OTCPK:INTK) Asset Turnover Explanation

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

Industrial Nanotech's annulized ROE % for the quarter that ended in . 20 is

ROE %**(Q: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=( / )*( / )*(/ )
=Net Margin %*Asset Turnover*Equity Multiplier
= %**
=ROA %*Equity Multiplier
= %*
= %

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) 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:

Industrial Nanotech's annulized ROA % for the quarter that ended in . 20 is

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) 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.


Industrial Nanotech Asset Turnover Related Terms

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


Industrial Nanotech (Industrial Nanotech) Business Description

Traded in Other Exchanges
N/A
Address
1415 Panther Lane, Suite 397, Naples, FL, USA, 34109
Industrial Nanotech Inc. is a rising nanoscience solution and research leader. The Company develops and commercializes applications for sustainable manufacturing and buildings which are sold worldwide, including patented thermal insulation and asset protection coatings which provide energy savings, thermal insulation, corrosion resistance, prevention of CUI, moisture resistance, UV resistance, chemical resistance, and other protective benefits. The coatings are low VOC, water-based, and sustainable. The Company manufactures the products at a factory in Sumter, South Carolina, and sells the products directly through the Company's subsidiaries and through distributors in the .U.S and internationally.

Industrial Nanotech (Industrial Nanotech) Headlines

From GuruFocus

/C O R R E C T I O N -- Industrial Nanotech, Inc./

By PRNewswire PRNewswire 12-27-2021