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Fuss Brands (Fuss Brands) Asset Turnover : 0.00 (As of Jan. 2024)


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What is Fuss Brands Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Fuss Brands's Revenue for the three months ended in Jan. 2024 was $0.00 Mil. Fuss Brands's Total Assets for the quarter that ended in Jan. 2024 was $0.15 Mil. Therefore, Fuss Brands's Asset Turnover for the quarter that ended in Jan. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Fuss Brands's annualized ROE % for the quarter that ended in Jan. 2024 was 38.98%. It is also linked to ROA % through Du Pont Formula. Fuss Brands's annualized ROA % for the quarter that ended in Jan. 2024 was -121.45%.


Fuss Brands Asset Turnover Historical Data

The historical data trend for Fuss Brands'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.

Fuss Brands Asset Turnover Chart

Fuss Brands Annual Data
Trend Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct20 Oct21 Oct22 Oct23
Asset Turnover
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Fuss Brands Quarterly Data
Apr13 Jul13 Oct13 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Fuss Brands's Asset Turnover

For the Shell Companies subindustry, Fuss Brands'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.


Fuss Brands's Asset Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Fuss Brands's Asset Turnover distribution charts can be found below:

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



Fuss Brands Asset Turnover Calculation

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

Fuss Brands's Asset Turnover for the fiscal year that ended in Oct. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Oct. 2023 )/( (Total Assets (A: Oct. 2022 )+Total Assets (A: Oct. 2023 ))/ count )
=0/( (0.036+0.139)/ 2 )
=0/0.0875
=0.00

Fuss Brands's Asset Turnover for the quarter that ended in Jan. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=0/( (0.139+0.164)/ 2 )
=0/0.1515
=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.


Fuss Brands  (OTCPK:FBDS) Asset Turnover Explanation

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

Fuss Brands's annulized ROE % for the quarter that ended in Jan. 2024 is

ROE %**(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=-0.184/-0.472
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.184 / 0)*(0 / 0.1515)*(0.1515/ -0.472)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.321
=ROA %*Equity Multiplier
=-121.45 %*-0.321
=38.98 %

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

Fuss Brands's annulized ROA % for the quarter that ended in Jan. 2024 is

ROA %(Q: Jan. 2024 )
=Net Income/Total Assets
=-0.184/0.1515
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.184 / 0)*(0 / 0.1515)
=Net Margin %*Asset Turnover
= %*0
=-121.45 %

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


Fuss Brands Asset Turnover Related Terms

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


Fuss Brands (Fuss Brands) Business Description

Traded in Other Exchanges
N/A
Address
80 Broad Street, New York, NY, USA, 10004
Fuss Brands Corp is a shell company.
Executives
Lei Zhao director LEVEL 11, CHANGLIANG INTERNATIONAL BLDG, NO. 28, CHANGLIANG RD, NANGANG DISTRICT, HEILONGJIAN PROVINCE F4 150090
Zibing Pan director 1813 NW 176TH PL., EDMOND OK 73012
David Dong officer: Chief Financial Officer C/O FEIHE INTERNATIONAL, INC., 2275 HUNTINGTON DRIVE #278, SAN MARINO CA 91108
Xiaoying Lu officer: Interim CFO C/O RENHUANG PHARMACEUTICALS, INC., NO. 281, TAIPING ROAD, TAIPING DISTRICT, HARBIN,HEILONGJIANG PROVINCE F4 150050
Dianjun Pi director 281 TAIPING ROAD, DAOWAI DISTRICT, HARBIN, HEILONGJIANG F4 150300
Changxiong Sun director C/O RENHUANG PHARMACEUTICALS, INC., NO. 281, TAIPING ROAD, TAIPING DISTRICT, HARBIN, HEILONGJIANG PROVINCE F4 150050
Bingchun Wu director C/O RENHUANG PHARMACEUTICALS, INC., NO. 281, TAIPING ROAD, TAIPING DISTRICT, HARBIN, HEILONGJIANG PROVINCE F4 150050
Sean Shao director 21ST FLOOR, EVERBRIGHT BANK BUILDING, ZHUZILIN, FUTIAN DISTRICT, SHENZHEN, GUANGDONG F4 518040
Yan Yi Chen officer: Chief Financial Officer NO. 281, TAIPING ROAD, TAIPING DISTRICT, HARBIN, HEILONGJIANG PROVINCE F4 150050
Magnus Moliteus director 958 SUNSET RIDGE, BRIDGEWATER NJ 08807
Yanfei Kong director, officer: CFO 65 BROADWAY, SUITE 888, NEW YORK NY 10006
Li Shaoming director, 10 percent owner, officer: Chairman and CEO 281 TAIPING ROAD, DAOWAI DISTRICT, HARBIN, HEILONGJIAN F4 150300
Fanrong Meng director 201-5-602 YUNHUA SQUARE, KANGAN ROAD, HARBIN, HEILONGJIAN F4 150010
Kenneth Arevalo director 3200 BRISTOL STREET, SUITE 700, COSTA MESA CA 92626
Sutter Holding Co Inc 10 percent owner 100 SOUTH KING STREET, SEATTLE WA 98104

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