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iSign Media Solutions (TSXV:ISD.H) Asset Turnover : 0.00 (As of Jan. 2023)


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What is iSign Media Solutions Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. iSign Media Solutions's Revenue for the three months ended in Jan. 2023 was C$0.00 Mil. iSign Media Solutions's Total Assets for the quarter that ended in Jan. 2023 was C$1.02 Mil. Therefore, iSign Media Solutions's Asset Turnover for the quarter that ended in Jan. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. iSign Media Solutions's annualized ROE % for the quarter that ended in Jan. 2023 was 29.35%. It is also linked to ROA % through Du Pont Formula. iSign Media Solutions's annualized ROA % for the quarter that ended in Jan. 2023 was -100.34%.


iSign Media Solutions Asset Turnover Historical Data

The historical data trend for iSign Media Solutions'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.

iSign Media Solutions Asset Turnover Chart

iSign Media Solutions Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.17 0.18 0.01 -

iSign Media Solutions Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
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 - - - - -

Competitive Comparison of iSign Media Solutions's Asset Turnover

For the Software - Application subindustry, iSign Media Solutions'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.


iSign Media Solutions's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, iSign Media Solutions's Asset Turnover distribution charts can be found below:

* The bar in red indicates where iSign Media Solutions's Asset Turnover falls into.



iSign Media Solutions Asset Turnover Calculation

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

iSign Media Solutions's Asset Turnover for the fiscal year that ended in Apr. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Apr. 2022 )/( (Total Assets (A: Apr. 2021 )+Total Assets (A: Apr. 2022 ))/ count )
=0/( (0.234+1.181)/ 2 )
=0/0.7075
=0.00

iSign Media Solutions's Asset Turnover for the quarter that ended in Jan. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2023 )/( (Total Assets (Q: Oct. 2022 )+Total Assets (Q: Jan. 2023 ))/ count )
=0/( (1.025+1.008)/ 2 )
=0/1.0165
=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.


iSign Media Solutions  (TSXV:ISD.H) Asset Turnover Explanation

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

iSign Media Solutions's annulized ROE % for the quarter that ended in Jan. 2023 is

ROE %**(Q: Jan. 2023 )
=Net Income/Total Stockholders Equity
=-1.02/-3.4755
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.02 / 0)*(0 / 1.0165)*(1.0165/ -3.4755)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.2925
=ROA %*Equity Multiplier
=-100.34 %*-0.2925
=29.35 %

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

iSign Media Solutions's annulized ROA % for the quarter that ended in Jan. 2023 is

ROA %(Q: Jan. 2023 )
=Net Income/Total Assets
=-1.02/1.0165
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.02 / 0)*(0 / 1.0165)
=Net Margin %*Asset Turnover
= %*0
=-100.34 %

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


iSign Media Solutions Asset Turnover Related Terms

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iSign Media Solutions (TSXV:ISD.H) Business Description

Traded in Other Exchanges
N/A
Address
105 West Beaver Creek Road, Suite 303, Richmond Hill, ON, CAN, L4B 1C6
iSign Media Solutions Inc is a data-focused Software-as-a-Service (SaaS) company. It is engaged in gathering point-of-sale data and mobile shopper preferences to generate actionable data and reveal valuable consumer insights. It mainly offers two solutions, which includes Smart Antenna which utilizes Bluetooth and Wi-Fi location-aware technology and Interactive Marketing System which uses Bluetooth. Most of its revenue is generated from North America.

iSign Media Solutions (TSXV:ISD.H) Headlines

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