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Cyberlux (Cyberlux) Asset Turnover : 4.12 (As of Sep. 2021)


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What is Cyberlux Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Cyberlux's Revenue for the three months ended in Sep. 2021 was $2.25 Mil. Cyberlux's Total Assets for the quarter that ended in Sep. 2021 was $0.55 Mil. Therefore, Cyberlux's Asset Turnover for the quarter that ended in Sep. 2021 was 4.12.

Asset Turnover is linked to ROE % through Du Pont Formula. Cyberlux's annualized ROE % for the quarter that ended in Sep. 2021 was -6.76%. It is also linked to ROA % through Du Pont Formula. Cyberlux's annualized ROA % for the quarter that ended in Sep. 2021 was 113.45%.


Cyberlux Asset Turnover Historical Data

The historical data trend for Cyberlux'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.

Cyberlux Asset Turnover Chart

Cyberlux Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec18 Dec19 Dec20
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.16 4.67 - -

Cyberlux Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 - - - 2.94 4.12

Competitive Comparison of Cyberlux's Asset Turnover

For the Semiconductors subindustry, Cyberlux'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.


Cyberlux's Asset Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Cyberlux's Asset Turnover distribution charts can be found below:

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



Cyberlux Asset Turnover Calculation

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

Cyberlux's Asset Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=0/( (0.079+0.079)/ 2 )
=0/0.079
=0.00

Cyberlux's Asset Turnover for the quarter that ended in Sep. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2021 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Sep. 2021 ))/ count )
=2.251/( (0.171+0.922)/ 2 )
=2.251/0.5465
=4.12

* 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.


Cyberlux  (OTCPK:CYBL) Asset Turnover Explanation

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

Cyberlux's annulized ROE % for the quarter that ended in Sep. 2021 is

ROE %**(Q: Sep. 2021 )
=Net Income/Total Stockholders Equity
=0.62/-9.17
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.62 / 9.004)*(9.004 / 0.5465)*(0.5465/ -9.17)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.89 %*16.4758*-0.0596
=ROA %*Equity Multiplier
=113.45 %*-0.0596
=-6.76 %

Note: The Net Income data used here is four times the quarterly (Sep. 2021) net income data. The Revenue data used here is four times the quarterly (Sep. 2021) 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:

Cyberlux's annulized ROA % for the quarter that ended in Sep. 2021 is

ROA %(Q: Sep. 2021 )
=Net Income/Total Assets
=0.62/0.5465
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.62 / 9.004)*(9.004 / 0.5465)
=Net Margin %*Asset Turnover
=6.89 %*16.4758
=113.45 %

Note: The Net Income data used here is four times the quarterly (Sep. 2021) net income data. The Revenue data used here is four times the quarterly (Sep. 2021) 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.


Cyberlux Asset Turnover Related Terms

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Cyberlux (Cyberlux) Business Description

Traded in Other Exchanges
N/A
Address
800 Park Offices Drive, Suite 3209, Research Triangle, Durham, NC, USA, 27709
Cyberlux Corp is a lighting technology company. It is engaged in four different business units: Unmanned aircraft Solutions, Digital platform solutions, Infrastructure technology, and lighting solutions. It designs, develops, and sells lighting systems that utilize white, infrared (IR), and other light-emitting diodes (LEDs) as illumination elements. It serves the Department of Defense (DoD), Commercial channels, and Design Services, customers.
Executives
Utek Corp 10 percent owner 2109 PALM AVENUE, TAMPA FL 33605
Moore William P Iii As Trustee 10 percent owner 10801 MASTIN SUITE 920 OVERLAND PARK KS 66210
David D Downing 10 percent owner, officer: CFO and Treasurer 4625 CREEKSTONE DRIVE SUITE 100 RESEARCH TRIANGLE PARK DURHAM NC 27703
William P Walker officer: Senior Vice President 4625 CREEKSTONE DRIVE SUITE 100 RESEARCH TRIANGLE PARK DURHAM NC 27703
Alan H Ninneman director, 10 percent owner, officer: Senior Vice President 4625 CREEKSTONE DRIVE SUITE 100 RESEARCH TRIANGLE PARK DURHAM NC 27703
Donald F Evans director, 10 percent owner, officer: Chief Executive Officer 4625 CREEKSTONE DRIVE SUITE 100 RESEARCH TRIANGLE PARK DURHAM NC 27703
John W Ringo director, 10 percent owner, officer: Secretary & Corporate Counsel 4625 CREEKSTONE DRIVE SUITE 100 RESEARCH TRIANGLE PARK DURHAM NC 27703
Mark D Schmidt director, 10 percent owner, officer: President and COO 4625 CREEKSTONE DRIVE SUITE 100 RESEARCH TRIANGLE PARK DURHAM NC 27703

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