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LeapCharger (LeapCharger) Asset Turnover : 0.01 (As of Aug. 2023)


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What is LeapCharger Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. LeapCharger's Revenue for the three months ended in Aug. 2023 was $0.04 Mil. LeapCharger's Total Assets for the quarter that ended in Aug. 2023 was $5.20 Mil. Therefore, LeapCharger's Asset Turnover for the quarter that ended in Aug. 2023 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. LeapCharger's annualized ROE % for the quarter that ended in Aug. 2023 was -738.76%. It is also linked to ROA % through Du Pont Formula. LeapCharger's annualized ROA % for the quarter that ended in Aug. 2023 was -720.45%.


LeapCharger Asset Turnover Historical Data

The historical data trend for LeapCharger'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.

LeapCharger Asset Turnover Chart

LeapCharger Annual Data
Trend Dec10 Dec11 Dec12 Nov13 Nov14
Asset Turnover
2.17 2.29 3.42 - 0.20

LeapCharger Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Aug22 Aug23
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 LeapCharger's Asset Turnover

For the Conglomerates subindustry, LeapCharger'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.


LeapCharger's Asset Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, LeapCharger's Asset Turnover distribution charts can be found below:

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



LeapCharger Asset Turnover Calculation

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

LeapCharger's Asset Turnover for the fiscal year that ended in Nov. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Nov. 2014 )/( (Total Assets (A: Nov. 2013 )+Total Assets (A: Nov. 2014 ))/ count )
=0.038/( (0.014+0.364)/ 2 )
=0.038/0.189
=0.20

LeapCharger's Asset Turnover for the quarter that ended in Aug. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Aug. 2023 )/( (Total Assets (Q: Aug. 2022 )+Total Assets (Q: Aug. 2023 ))/ count )
=0.044/( (0+5.204)/ 1 )
=0.044/5.204
=0.01

* 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.


LeapCharger  (OTCPK:LCCN) Asset Turnover Explanation

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

LeapCharger's annulized ROE % for the quarter that ended in Aug. 2023 is

ROE %**(Q: Aug. 2023 )
=Net Income/Total Stockholders Equity
=-37.492/5.075
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-37.492 / 0.176)*(0.176 / 5.204)*(5.204/ 5.075)
=Net Margin %*Asset Turnover*Equity Multiplier
=-21302.27 %*0.0338*1.0254
=ROA %*Equity Multiplier
=-720.45 %*1.0254
=-738.76 %

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

LeapCharger's annulized ROA % for the quarter that ended in Aug. 2023 is

ROA %(Q: Aug. 2023 )
=Net Income/Total Assets
=-37.492/5.204
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-37.492 / 0.176)*(0.176 / 5.204)
=Net Margin %*Asset Turnover
=-21302.27 %*0.0338
=-720.45 %

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


LeapCharger Asset Turnover Related Terms

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


LeapCharger (LeapCharger) Business Description

Traded in Other Exchanges
N/A
Address
Abu Hail, 1st Floor/29, Khalifa B A Balila Building, Dubai, ARE
LeapCharger Corp formerly Greenplex Services Inc is doing business with electric vehicle (EV) charging solutions for consumers and businesses.
Executives
Dale Robbins officer: President 2525 E. 29TH AVE., STE 10-B #342, SPOKANE WA 99223
Kurt Boehl director 2525 E. 29TH AVE., STE 10-B #342, SPOKANE WA 99223
Martin Murray director, officer: Treasurer, CFO 425 MADISON AVE, SUITE 902, NEW YORK NY 10017
Manuel Graiwer director 3600 WILSHIRE BLVD, #2100, LOS ANGELES CA 90010
Mark C. Hutchison director, officer: VP of Operations, Secretary 2525 E. 29TH AVE., STE 10-B, SPOKANE WA 99223
Roy Matthew Haskin director 2525 E. 29TH AVE., STE 10-B, SPOKANE WA 99223
Victor T. Foia director, officer: PRESIDENT, CEO 2525 E. 29TH AVE., STE 10-B #342, SPOKANE WA 99223
Bruce Gillis director 710 N. ARDEN DR., BEVERLY HILLS CA 90210
Kyle W. Carlson director, 10 percent owner, officer: Pres, Treas, CEO, CFO 10183 NORTH AERO DRIVE, STE. 2, HAYDEN ID 83835
Andrew Christman director, 10 percent owner, officer: VICE PRESIDENT 10183 NORTH AERO DRIVE, SUITE 2, HAYDEN ID 83835
Susan L. Troyer director, 10 percent owner, officer: TREASURER, SECRETARY, CFO 10183 NORTH AERO DRIVE, SUITE 2, HAYDEN ID 83835