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root9B Holdings (root9B Holdings) Asset Turnover : 0.15 (As of Mar. 2017)


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What is root9B Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. root9B Holdings's Revenue for the three months ended in Mar. 2017 was $2.65 Mil. root9B Holdings's Total Assets for the quarter that ended in Mar. 2017 was $18.29 Mil. Therefore, root9B Holdings's Asset Turnover for the quarter that ended in Mar. 2017 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. root9B Holdings's annualized ROE % for the quarter that ended in Mar. 2017 was -712.07%. It is also linked to ROA % through Du Pont Formula. root9B Holdings's annualized ROA % for the quarter that ended in Mar. 2017 was -99.35%.


root9B Holdings Asset Turnover Historical Data

The historical data trend for root9B Holdings'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.

root9B Holdings Asset Turnover Chart

root9B Holdings Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 1.11 1.11 0.53 0.41

root9B Holdings Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 0.06 0.29 0.26 -0.62 0.15

Competitive Comparison of root9B Holdings's Asset Turnover

For the Information Technology Services subindustry, root9B Holdings'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.


root9B Holdings's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, root9B Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where root9B Holdings's Asset Turnover falls into.



root9B Holdings Asset Turnover Calculation

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

root9B Holdings's Asset Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=10.239/( (30.589+19.739)/ 2 )
=10.239/25.164
=0.41

root9B Holdings's Asset Turnover for the quarter that ended in Mar. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2017 )/( (Total Assets (Q: Dec. 2016 )+Total Assets (Q: Mar. 2017 ))/ count )
=2.654/( (19.739+16.841)/ 2 )
=2.654/18.29
=0.15

* 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.


root9B Holdings  (OTCPK:RTNB) Asset Turnover Explanation

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

root9B Holdings's annulized ROE % for the quarter that ended in Mar. 2017 is

ROE %**(Q: Mar. 2017 )
=Net Income/Total Stockholders Equity
=-18.172/2.552
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-18.172 / 10.616)*(10.616 / 18.29)*(18.29/ 2.552)
=Net Margin %*Asset Turnover*Equity Multiplier
=-171.18 %*0.5804*7.1669
=ROA %*Equity Multiplier
=-99.35 %*7.1669
=-712.07 %

Note: The Net Income data used here is four times the quarterly (Mar. 2017) net income data. The Revenue data used here is four times the quarterly (Mar. 2017) 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:

root9B Holdings's annulized ROA % for the quarter that ended in Mar. 2017 is

ROA %(Q: Mar. 2017 )
=Net Income/Total Assets
=-18.172/18.29
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-18.172 / 10.616)*(10.616 / 18.29)
=Net Margin %*Asset Turnover
=-171.18 %*0.5804
=-99.35 %

Note: The Net Income data used here is four times the quarterly (Mar. 2017) net income data. The Revenue data used here is four times the quarterly (Mar. 2017) 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.


root9B Holdings Asset Turnover Related Terms

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root9B Holdings (root9B Holdings) Business Description

Traded in Other Exchanges
N/A
Address
102 N Cascade Avenue, Suite 220, Colorado Springs, CO, USA, 28211
root9B Holdings Inc is a provider of cybersecurity and business advisory services in regulatory risk mitigation. It designs and provides cybersecurity operations and solutions, risk mitigation services, compilation with complex regulations, and leverageable and integrated technology. The company provides its services through Cyber Solutions and Business Advisory Solutions segments. Cyber Solutions segment provides cyber operations assessments, analysis, and testing, to cyber training, forensics, exploitation, and strategic defense planning. It earns all its revenue from both of its segments.
Executives
Grano Joseph J Jr director, officer: CEO and Chairman C/O MEDGENICS, INC., 435 DEVON PARK DRIVE BLDG 700, WAYNE PA 19087
William Hoke officer: CFO 102 N. CASCADE AVENUE, SUITE 220, COLORADO SPRINGS CO 80919
Gregory C Morris director 421 CRANBORNE CHASE, FORT MILL SC 29708
Seymour Siegel director 91 CABOT COURT, HAUPPAUGE NY 11788
Isaac Blech director, 10 percent owner C/O INSPIREMD, INC., 321 COLUMBUS AVENUE, BOSTON MA 02116
Cary Sucoff director 1612 EAST CAPE CORAL PKWY, C/O LEGACY EDUCATION ALLIANCE, INC., CAPE CORAL FL 33904
Wesley Clark director C/O ARGYLE SECURITY ACQUISITION CORP., 200 CONCORD PLAZA, SUITE 700, SAN ANTONIO TX 78216
River Charitable Remainder Unitrust F/b/o Isaac Blech 10 percent owner 75 ROCKEFELLER PLAZA, 29TH FLOOR, NEW YORK NY 10019
Miriam Blech 10 percent owner 75 ROCKEFELLER PLAZA, 29TH FLOOR, NEW YORK NY 10019
Joseph C. Grano 10 percent owner 1185 AVENUE OF THE AMERICAS, SUITE 1750, NEW YORK NY 10036
James M Orphanides 10 percent owner 633 THIRD AVENUE, NEW YORK NY 10017
Mark S Elliott director, 10 percent owner, officer: President C/O LEVEL BRANDS, INC., 4521 SHARON ROAD, SUITE 450, CHARLOTTE NC 28211
Richard C Siskey 10 percent owner 3545 SHARON ROAD, CHARLOTTE NC 28211
Robert L Frome director, 10 percent owner, officer: President 3220 TILLMAN DRIVE SUITE 300, BENSALEM PA 19020

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