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Quantum Metal Exchange (Quantum Metal Exchange) Asset Turnover : 0.03 (As of Feb. 2013)


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What is Quantum Metal Exchange Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Quantum Metal Exchange's Revenue for the three months ended in Feb. 2013 was $0.02 Mil. Quantum Metal Exchange's Total Assets for the quarter that ended in Feb. 2013 was $0.55 Mil. Therefore, Quantum Metal Exchange's Asset Turnover for the quarter that ended in Feb. 2013 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Quantum Metal Exchange's annualized ROE % for the quarter that ended in Feb. 2013 was 273.26%. It is also linked to ROA % through Du Pont Formula. Quantum Metal Exchange's annualized ROA % for the quarter that ended in Feb. 2013 was -220.69%.


Quantum Metal Exchange Asset Turnover Historical Data

The historical data trend for Quantum Metal Exchange'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.

Quantum Metal Exchange Asset Turnover Chart

Quantum Metal Exchange Annual Data
Trend Aug09 Aug10
Asset Turnover
- -

Quantum Metal Exchange Quarterly Data
May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 Nov12 Feb13
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 - - - 0.05 0.03

Competitive Comparison of Quantum Metal Exchange's Asset Turnover

For the Shell Companies subindustry, Quantum Metal Exchange'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.


Quantum Metal Exchange's Asset Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Quantum Metal Exchange's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Quantum Metal Exchange's Asset Turnover falls into.



Quantum Metal Exchange Asset Turnover Calculation

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

Quantum Metal Exchange's Asset Turnover for the fiscal year that ended in Aug. 2010 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Aug. 2010 )/( (Total Assets (A: Aug. 2009 )+Total Assets (A: Aug. 2010 ))/ count )
=0/( (0.046+0.025)/ 2 )
=0/0.0355
=0.00

Quantum Metal Exchange's Asset Turnover for the quarter that ended in Feb. 2013 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Feb. 2013 )/( (Total Assets (Q: Nov. 2012 )+Total Assets (Q: Feb. 2013 ))/ count )
=0.019/( (0.556+0.546)/ 2 )
=0.019/0.551
=0.03

* 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.


Quantum Metal Exchange  (OTCPK:QMEI) Asset Turnover Explanation

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

Quantum Metal Exchange's annulized ROE % for the quarter that ended in Feb. 2013 is

ROE %**(Q: Feb. 2013 )
=Net Income/Total Stockholders Equity
=-1.216/-0.445
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.216 / 0.076)*(0.076 / 0.551)*(0.551/ -0.445)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1600 %*0.1379*-1.2382
=ROA %*Equity Multiplier
=-220.69 %*-1.2382
=273.26 %

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

Quantum Metal Exchange's annulized ROA % for the quarter that ended in Feb. 2013 is

ROA %(Q: Feb. 2013 )
=Net Income/Total Assets
=-1.216/0.551
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.216 / 0.076)*(0.076 / 0.551)
=Net Margin %*Asset Turnover
=-1600 %*0.1379
=-220.69 %

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


Quantum Metal Exchange Asset Turnover Related Terms

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Quantum Metal Exchange (Quantum Metal Exchange) Business Description

Traded in Other Exchanges
N/A
Address
One World Trade Center, Suite 8500, New York, NY, USA, 10007
Quantum Metal Exchange Inc is a company with bullion based technology capacities, empowering people and businesses from upstream to downstream of the precious metal industry through technologies and cutting-edge corporate solutions. The company geographically operates in Malaysia, Singapore, Thailand, Australia, Indonesia and Nigeria.

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