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Potash America (Potash America) Asset Turnover : 0.00 (As of Dec. 2013)


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What is Potash America Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Potash America's Revenue for the three months ended in Dec. 2013 was $0.00 Mil. Potash America's Total Assets for the quarter that ended in Dec. 2013 was $0.00 Mil. Therefore, Potash America's Asset Turnover for the quarter that ended in Dec. 2013 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Potash America's annualized ROE % for the quarter that ended in Dec. 2013 was 254.46%. It is also linked to ROA % through Du Pont Formula. Potash America's annualized ROA % for the quarter that ended in Dec. 2013 was -112,600.00%.


Potash America Asset Turnover Historical Data

The historical data trend for Potash America'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.

Potash America Asset Turnover Chart

Potash America Annual Data
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Potash America Quarterly Data
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Competitive Comparison of Potash America's Asset Turnover

For the Consulting Services subindustry, Potash America'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.


Potash America's Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Potash America's Asset Turnover distribution charts can be found below:

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



Potash America Asset Turnover Calculation

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

Potash America's Asset Turnover for the fiscal year that ended in Mar. 2013 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2013 )/( (Total Assets (A: Mar. 2012 )+Total Assets (A: Mar. 2013 ))/ count )
=0/( (0.659+0.005)/ 2 )
=0/0.332
=0.00

Potash America's Asset Turnover for the quarter that ended in Dec. 2013 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2013 )/( (Total Assets (Q: Sep. 2013 )+Total Assets (Q: Dec. 2013 ))/ count )
=0/( (0.004+0)/ 1 )
=0/0.004
=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.


Potash America  (OTCPK:PTAM) Asset Turnover Explanation

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

Potash America's annulized ROE % for the quarter that ended in Dec. 2013 is

ROE %**(Q: Dec. 2013 )
=Net Income/Total Stockholders Equity
=-4.504/-1.77
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-4.504 / 0)*(0 / 0.004)*(0.004/ -1.77)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.0023
=ROA %*Equity Multiplier
=-112,600.00 %*-0.0023
=254.46 %

Note: The Net Income data used here is four times the quarterly (Dec. 2013) net income data. The Revenue data used here is four times the quarterly (Dec. 2013) 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:

Potash America's annulized ROA % for the quarter that ended in Dec. 2013 is

ROA %(Q: Dec. 2013 )
=Net Income/Total Assets
=-4.504/0.004
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-4.504 / 0)*(0 / 0.004)
=Net Margin %*Asset Turnover
= %*0
=-112,600.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 2013) net income data. The Revenue data used here is four times the quarterly (Dec. 2013) 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.


Potash America Asset Turnover Related Terms

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Potash America (Potash America) Business Description

Traded in Other Exchanges
N/A
Address
501 Las Olas Boulevard, Suite 247, Fort Lauderdale, FL, USA, 33301
Potash America Inc focuses on industries such as renewable energy, commercial agriculture, green energy technology, health and wellness, cannabis/hemp development, and environmentally responsible mining and exploration.

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