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Bravo Multinational (Bravo Multinational) Asset Turnover : 0.00 (As of Mar. 2024)


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What is Bravo Multinational Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Bravo Multinational's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Bravo Multinational's Total Assets for the quarter that ended in Mar. 2024 was $0.00 Mil. Therefore, Bravo Multinational's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Bravo Multinational's annualized ROE % for the quarter that ended in Mar. 2024 was 115.60%. It is also linked to ROA % through Du Pont Formula. Bravo Multinational's annualized ROA % for the quarter that ended in Mar. 2024 was -55,200.00%.


Bravo Multinational Asset Turnover Historical Data

The historical data trend for Bravo Multinational'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.

Bravo Multinational Asset Turnover Chart

Bravo Multinational Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
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Bravo Multinational Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Bravo Multinational's Asset Turnover

For the Gambling subindustry, Bravo Multinational'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.


Bravo Multinational's Asset Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bravo Multinational's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Bravo Multinational's Asset Turnover falls into.



Bravo Multinational Asset Turnover Calculation

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

Bravo Multinational's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=0/( (0+0.001)/ 1 )
=0/0.001
=0.00

Bravo Multinational's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0/( (0.001+0)/ 1 )
=0/0.001
=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.


Bravo Multinational  (OTCPK:BRVO) Asset Turnover Explanation

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

Bravo Multinational's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-0.552/-0.4775
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.552 / 0)*(0 / 0.001)*(0.001/ -0.4775)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.0021
=ROA %*Equity Multiplier
=-55,200.00 %*-0.0021
=115.60 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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:

Bravo Multinational's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-0.552/0.001
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.552 / 0)*(0 / 0.001)
=Net Margin %*Asset Turnover
= %*0
=-55,200.00 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


Bravo Multinational Asset Turnover Related Terms

Thank you for viewing the detailed overview of Bravo Multinational's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Bravo Multinational (Bravo Multinational) Business Description

Traded in Other Exchanges
N/A
Address
2020 General Booth Boulevard, Unit 230, Virginia Beach, VA, USA, 23454
Bravo Multinational Inc is engaged in the business of leasing gaming equipment. It offers slot machines; blackjack and miscellaneous game tables, related furniture and equipment; roulette table and bingo equipment. Its equipment also includes casino chips, bill acceptors, coin counter and related equipment, and miscellaneous office equipment, such as chairs and tables. Geographically the operations function through the region of the United States.
Executives
Merle Ferguson director, 10 percent owner, officer: CEO/Chairman 2020 GENERAL BOOTH BLVD., SUITE 230, VIRGINIA BEACH VA 23454
Kayla Slick director, officer: COO 4413 TRIPOLI DRIVE, LAFAYETTE IN 47909
Grant Cramer director, officer: CEO 10311 CLUSTERBERRY CT, LOS ANGELES CA 90077
Hagan Frank J Jr. director, officer: President 7941 SELMA AVENUE, #226, LOS ANGELES CA 90046
Josh Vance director 312 E SOUTH TEMPLE, SALT LAKE CITY UT 84111
Diversified Consultants, Llc 10 percent owner 8068 W. SAHARA AVE, SUITE C, LAS VEGAS NV 89117
Susan Donohue 10 percent owner, other: Company Consultant 19001 S. RICHFIELD AVE, #102, GREEN VALLEY AZ 85614
Julios Kosta 10 percent owner 30 WEST BEAVER CREEK, SUITE 105, RICHMOND HILL A6 L1V 7G8
Douglas Barry Brooks director, officer: Vice-president 590 YORK ROAD, UNIT #3, NIAGARA ON THE LAKE A6 L0S 1J0
Richard Kaiser Kaiser officer: Secretary 3419 VIRGINIA BEACH BLVD, UNIT 252, VIRGINIA BEACH VA 23452
Paul Parliament director P.O.B 299, ST. DAVIDS A6 L0S 1P0
Prosser John G Ii director 691 NORTH SQUIRREL ROAD, SUITE 105, AUBURN HILLS MI 48326
Martin Wolfe director 1807-7 TOWNSGATE DRIVE, THORNHILL A6 L4J7Z9
Lewis J Georges director 101 WEST MAIN STREET, SUITE 400, NORFOLK VA 23510
Denise Quilliam director, 10 percent owner, officer: SECRETARY 7270 WOODBINE AVE, SUITE 200 L3R 4B9, MARKHAM ONTARIO