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Seach Medical Group (XTAE:SEMG) Asset Turnover : 0.00 (As of . 20)


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What is Seach Medical Group Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Seach Medical Group's Revenue for the three months ended in . 20 was ₪ Mil. Seach Medical Group's Total Assets for the quarter that ended in . 20 was ₪ Mil. Therefore, Seach Medical Group's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Seach Medical Group's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. Seach Medical Group's annualized ROA % for the quarter that ended in . 20 was %.


Seach Medical Group Asset Turnover Historical Data

The historical data trend for Seach Medical Group'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.

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Seach Medical Group Asset Turnover Chart

Seach Medical Group Annual Data
Trend
Asset Turnover

Seach Medical Group Quarterly Data
Asset Turnover

Competitive Comparison of Seach Medical Group's Asset Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, Seach Medical Group'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.


Seach Medical Group's Asset Turnover Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Seach Medical Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Seach Medical Group's Asset Turnover falls into.



Seach Medical Group Asset Turnover Calculation

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

Seach Medical Group's Asset Turnover for the fiscal year that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
=

Seach Medical Group's Asset Turnover for the quarter that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
=

* 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.


Seach Medical Group  (XTAE:SEMG) Asset Turnover Explanation

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

Seach Medical Group's annulized ROE % for the quarter that ended in . 20 is

ROE %**(Q: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=( / )*( / )*(/ )
=Net Margin %*Asset Turnover*Equity Multiplier
= %**
=ROA %*Equity Multiplier
= %*
= %

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) 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:

Seach Medical Group's annulized ROA % for the quarter that ended in . 20 is

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) 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.


Seach Medical Group Asset Turnover Related Terms

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Seach Medical Group (XTAE:SEMG) Business Description

Traded in Other Exchanges
N/A
Address
Sharf 23, PO Box 1074, Hod Hasharon, ISR, 45110
Seach Medical Group Ltd is engaged in growing medical cannabis strains. The medical cannabis, in its various forms, is supplied to patients with a medical marijuana. It offers a variety of strains and products suitable to all clients. The company develop new strains and products that are customized to respond to the needs of patients and doctors. The company operates at both ends of the value chain, on the one hand, propagation and cultivation of cannabis medical, and on the other hand, the distribution and sale of final products to end customers, and at the same time actively exports its products.

Seach Medical Group (XTAE:SEMG) Headlines

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