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Exeo Entertainment (Exeo Entertainment) Asset Turnover : 0.04 (As of Feb. 2022)


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What is Exeo Entertainment Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Exeo Entertainment's Revenue for the three months ended in Feb. 2022 was $0.01 Mil. Exeo Entertainment's Total Assets for the quarter that ended in Feb. 2022 was $0.20 Mil. Therefore, Exeo Entertainment's Asset Turnover for the quarter that ended in Feb. 2022 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Exeo Entertainment's annualized ROE % for the quarter that ended in Feb. 2022 was 21.30%. It is also linked to ROA % through Du Pont Formula. Exeo Entertainment's annualized ROA % for the quarter that ended in Feb. 2022 was -368.77%.


Exeo Entertainment Asset Turnover Historical Data

The historical data trend for Exeo Entertainment'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.

Exeo Entertainment Asset Turnover Chart

Exeo Entertainment Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.02 0.31 0.05 0.04

Exeo Entertainment Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
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 0.01 0.01 0.01 0.01 0.04

Competitive Comparison of Exeo Entertainment's Asset Turnover

For the Consumer Electronics subindustry, Exeo Entertainment'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.


Exeo Entertainment's Asset Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Exeo Entertainment's Asset Turnover distribution charts can be found below:

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



Exeo Entertainment Asset Turnover Calculation

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

Exeo Entertainment's Asset Turnover for the fiscal year that ended in Nov. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Nov. 2021 )/( (Total Assets (A: Nov. 2020 )+Total Assets (A: Nov. 2021 ))/ count )
=0.014/( (0.501+0.202)/ 2 )
=0.014/0.3515
=0.04

Exeo Entertainment's Asset Turnover for the quarter that ended in Feb. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Feb. 2022 )/( (Total Assets (Q: Nov. 2021 )+Total Assets (Q: Feb. 2022 ))/ count )
=0.007/( (0.202+0.195)/ 2 )
=0.007/0.1985
=0.04

* 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.


Exeo Entertainment  (OTCPK:EXEO) Asset Turnover Explanation

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

Exeo Entertainment's annulized ROE % for the quarter that ended in Feb. 2022 is

ROE %**(Q: Feb. 2022 )
=Net Income/Total Stockholders Equity
=-0.732/-3.437
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.732 / 0.028)*(0.028 / 0.1985)*(0.1985/ -3.437)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2614.29 %*0.1411*-0.0578
=ROA %*Equity Multiplier
=-368.77 %*-0.0578
=21.30 %

Note: The Net Income data used here is four times the quarterly (Feb. 2022) net income data. The Revenue data used here is four times the quarterly (Feb. 2022) 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:

Exeo Entertainment's annulized ROA % for the quarter that ended in Feb. 2022 is

ROA %(Q: Feb. 2022 )
=Net Income/Total Assets
=-0.732/0.1985
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.732 / 0.028)*(0.028 / 0.1985)
=Net Margin %*Asset Turnover
=-2614.29 %*0.1411
=-368.77 %

Note: The Net Income data used here is four times the quarterly (Feb. 2022) net income data. The Revenue data used here is four times the quarterly (Feb. 2022) 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.


Exeo Entertainment Asset Turnover Related Terms

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Exeo Entertainment (Exeo Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
4478 Wagon Trail Avenue, Las Vegas, NV, USA, 89118
Exeo Entertainment Inc is a United States based company engaged in designing, developing, licensing, manufacturing, and marketing consumer electronics in the video gaming, music and smart television sector. The company is focused on the development of Psyko, which is a surround sound gaming headphone for consoles; Krankz MAXX Bluetooth wireless headphones; Zaaz Smart television keyboards; the Extreme Gamer; a multi-disc video game changer, and an Android-based portable gaming system.
Executives
Robert Scott Amaral director, 10 percent owner, officer: CEO 4478 WAGON TRAIL AVE, LAS VEGAS NV 89118
Jeffrey Alan Weiland director, 10 percent owner, officer: President 4478 WAGON TRAIL AVE, LAS VEGAS NV 89118

Exeo Entertainment (Exeo Entertainment) Headlines