GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Augwind Energy Tech Storage Ltd (OTCPK:ITGMF) » Definitions » Asset Turnover

Augwind Energy Tech Storage (Augwind Energy Tech Storage) Asset Turnover : 0.00 (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Augwind Energy Tech Storage Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Augwind Energy Tech Storage's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Augwind Energy Tech Storage's Total Assets for the quarter that ended in Dec. 2023 was $21.55 Mil. Therefore, Augwind Energy Tech Storage's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Augwind Energy Tech Storage's annualized ROE % for the quarter that ended in Dec. 2023 was 0.00%. It is also linked to ROA % through Du Pont Formula. Augwind Energy Tech Storage's annualized ROA % for the quarter that ended in Dec. 2023 was 0.00%.


Augwind Energy Tech Storage Asset Turnover Historical Data

The historical data trend for Augwind Energy Tech Storage'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.

Augwind Energy Tech Storage Asset Turnover Chart

Augwind Energy Tech Storage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.10 0.01 0.03 0.02

Augwind Energy Tech Storage Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23
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 0.01 - - -

Competitive Comparison of Augwind Energy Tech Storage's Asset Turnover

For the Specialty Industrial Machinery subindustry, Augwind Energy Tech Storage'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.


Augwind Energy Tech Storage's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Augwind Energy Tech Storage's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Augwind Energy Tech Storage's Asset Turnover falls into.



Augwind Energy Tech Storage Asset Turnover Calculation

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

Augwind Energy Tech Storage'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 )
=0.589/( (31.049+20.253)/ 2 )
=0.589/25.651
=0.02

Augwind Energy Tech Storage's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (22.841+20.253)/ 2 )
=0/21.547
=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.


Augwind Energy Tech Storage  (OTCPK:ITGMF) Asset Turnover Explanation

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

Augwind Energy Tech Storage's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=0/17.277
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 21.547)*(21.547/ 17.277)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.2471
=ROA %*Equity Multiplier
=0.00 %*1.2471
=0.00 %

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

Augwind Energy Tech Storage's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=0/21.547
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 21.547)
=Net Margin %*Asset Turnover
= %*0
=0.00 %

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


Augwind Energy Tech Storage Asset Turnover Related Terms

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


Augwind Energy Tech Storage (Augwind Energy Tech Storage) Business Description

Traded in Other Exchanges
Address
8 Pinhas Sapir Street, Rehovot Science Park, 3rd floor, Ness Ziona, ISR, 7414003
Augwind Energy Tech Storage Ltd is an Israel based technology company. It is engaged in installing and maintaining operational compressed air storage units throughout Israel. The company offers its products to the electricity sector, solar farms, industrial plants, and wind farms.