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Vortex Brands Co (Vortex Brands Co) Asset Turnover : 0.00 (As of Jun. 2007)


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What is Vortex Brands Co Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Vortex Brands Co's Revenue for the six months ended in Jun. 2007 was $0.00 Mil. Vortex Brands Co's Total Assets for the quarter that ended in Jun. 2007 was $0.04 Mil. Therefore, Vortex Brands Co's Asset Turnover for the quarter that ended in Jun. 2007 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Vortex Brands Co's annualized ROE % for the quarter that ended in Jun. 2007 was -3,800.00%. It is also linked to ROA % through Du Pont Formula. Vortex Brands Co's annualized ROA % for the quarter that ended in Jun. 2007 was -211.11%.


Vortex Brands Co Asset Turnover Historical Data

The historical data trend for Vortex Brands Co'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.

Vortex Brands Co Asset Turnover Chart

Vortex Brands Co Annual Data
Trend Jun05 Jun06 Jun07
Asset Turnover
- - -

Vortex Brands Co Semi-Annual Data
Jun05 Jun06 Jun07
Asset Turnover - - -

Competitive Comparison of Vortex Brands Co's Asset Turnover

For the Capital Markets subindustry, Vortex Brands Co'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.


Vortex Brands Co's Asset Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Vortex Brands Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Vortex Brands Co's Asset Turnover falls into.



Vortex Brands Co Asset Turnover Calculation

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

Vortex Brands Co's Asset Turnover for the fiscal year that ended in Jun. 2007 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2007 )/( (Total Assets (A: Jun. 2006 )+Total Assets (A: Jun. 2007 ))/ count )
=0/( (0.036+0)/ 1 )
=0/0.036
=0.00

Vortex Brands Co's Asset Turnover for the quarter that ended in Jun. 2007 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2007 )/( (Total Assets (Q: Jun. 2006 )+Total Assets (Q: Jun. 2007 ))/ count )
=0/( (0.036+0)/ 1 )
=0/0.036
=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.


Vortex Brands Co  (OTCPK:VTXB) Asset Turnover Explanation

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

Vortex Brands Co's annulized ROE % for the quarter that ended in Jun. 2007 is

ROE %**(Q: Jun. 2007 )
=Net Income/Total Stockholders Equity
=-0.076/0.002
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.076 / 0)*(0 / 0.036)*(0.036/ 0.002)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*18
=ROA %*Equity Multiplier
=-211.11 %*18
=-3,800.00 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2007) net income data. The Revenue data used here is two times the semi-annual (Jun. 2007) 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:

Vortex Brands Co's annulized ROA % for the quarter that ended in Jun. 2007 is

ROA %(Q: Jun. 2007 )
=Net Income/Total Assets
=-0.076/0.036
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.076 / 0)*(0 / 0.036)
=Net Margin %*Asset Turnover
= %*0
=-211.11 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2007) net income data. The Revenue data used here is two times the semi-annual (Jun. 2007) 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.


Vortex Brands Co Asset Turnover Related Terms

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Vortex Brands Co (Vortex Brands Co) Business Description

Traded in Other Exchanges
N/A
Address
3511 Del Paso Road, Suite 160 PMB 432, Sacramento, CA, USA, 95835
Vortex Brands Co has two business operations: Bitcoin Mining and Multi-purpose Phase Angle Synchronization equipment as a service to electric utilities in the United States.
Executives
Alfred M. Dube director 950 17TH STREET, SUITE 2300, DENVER CO 80202
David Weisgerber officer: Executive Officer 950 17TH STREET, SUITE 2300, DENVER CO 80202
James Hostetler officer: Executive Vice President 950 17TH STREET, SUITE 2300, DENVER CO 80202
Brian D. Hughes director, 10 percent owner 950 17TH STREET, SUITE 2300, DENVER CO 80202
Keith Reeves officer: Vice President of Exploration 950 17TH STREET, SUITE 2300, DENVER CO 80202
Hughes Lllp Lma 10 percent owner 8400 EAST PRENTICE AVENUE, PH 1500, GREENWOOD VILLAGE CO 80111
Mohamed H. Gova director, other: Vice Chairman 122 NORTH MAIN STREET, SHERIDAN WY 82801
Paul Stroud director, officer: PRESIDENT & CEO 950 SEVENTEENTH STREET, SUITE 2300, DENVER CO 80202
Pierre Besuchet director 29 QUAI DES BERGUES, GENEVA V8 1201
Al Fahim Abdul Majeed Ismail director 950 17TH STREET, SUITE 2300, DENVER CO 80202