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InCapta (InCapta) Asset Turnover : 23.05 (As of Dec. 2020)


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What is InCapta Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. InCapta's Revenue for the six months ended in Dec. 2020 was $1.16 Mil. InCapta's Total Assets for the quarter that ended in Dec. 2020 was $0.05 Mil. Therefore, InCapta's Asset Turnover for the quarter that ended in Dec. 2020 was 23.05.

Asset Turnover is linked to ROE % through Du Pont Formula. InCapta's annualized ROE % for the quarter that ended in Dec. 2020 was -26.23%. It is also linked to ROA % through Du Pont Formula. InCapta's annualized ROA % for the quarter that ended in Dec. 2020 was 693.07%.


InCapta Asset Turnover Historical Data

The historical data trend for InCapta'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.

InCapta Asset Turnover Chart

InCapta Annual Data
Trend Dec07 Dec08 Dec09 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.30 0.13 18.61 23.05

InCapta Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
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 0.06 0.30 0.13 18.61 23.05

Competitive Comparison of InCapta's Asset Turnover

For the Broadcasting subindustry, InCapta'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.


InCapta's Asset Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, InCapta's Asset Turnover distribution charts can be found below:

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



InCapta Asset Turnover Calculation

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

InCapta'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 )
=1.164/( (0.054+0.047)/ 2 )
=1.164/0.0505
=23.05

InCapta's Asset Turnover for the quarter that ended in Dec. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2020 )/( (Total Assets (Q: Dec. 2019 )+Total Assets (Q: Dec. 2020 ))/ count )
=1.164/( (0.054+0.047)/ 2 )
=1.164/0.0505
=23.05

* 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.


InCapta  (OTCPK:INCT) Asset Turnover Explanation

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

InCapta's annulized ROE % for the quarter that ended in Dec. 2020 is

ROE %**(Q: Dec. 2020 )
=Net Income/Total Stockholders Equity
=0.35/-1.3345
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.35 / 2.328)*(2.328 / 0.0505)*(0.0505/ -1.3345)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.03 %*46.099*-0.0378
=ROA %*Equity Multiplier
=693.07 %*-0.0378
=-26.23 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2020) net income data. The Revenue data used here is two times the semi-annual (Dec. 2020) 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:

InCapta's annulized ROA % for the quarter that ended in Dec. 2020 is

ROA %(Q: Dec. 2020 )
=Net Income/Total Assets
=0.35/0.0505
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.35 / 2.328)*(2.328 / 0.0505)
=Net Margin %*Asset Turnover
=15.03 %*46.099
=693.07 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2020) net income data. The Revenue data used here is two times the semi-annual (Dec. 2020) 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.


InCapta Asset Turnover Related Terms

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


InCapta (InCapta) Business Description

Traded in Other Exchanges
N/A
Address
1876 Horse Creek Road, Cheyenne, WY, USA, 82009
InCapta Inc is a media holding company which invests in radio, television, movie production, and television productions to be used in online cloud television and radio. The company is engaged in pre-production of two full-length movies; developing half-hour television shows and producing radio talk shows on Leading Edge Radio Network. It derives revenue from media consulting, online television clients, monthly fees for online cloud television networks, websites, and membership fees with clients. In addition, the company also owns a nationwide wholesale grocery operation with clients in 48 states and is developing an online movie channel.
Executives
Creative Financial Services Inc. director, 10 percent owner, officer: Chief Executive Officer 638 N. 5TH AVENUE PHOENIX AZ 85003
Gregory Bryan Martin officer: President 1950 FIFTH AVE #100 SAN DIEGO CA 92101
Acunto John P Jr 10 percent owner 1609 SCOTLAND AVE, CHARLOTTE NC 28207
Arlene Mcmachen 10 percent owner PO BOX 5532 LIGHTHOUSE POINT FL 33074
Glenn Sr Mcmachen director, 10 percent owner PO BOX 5532 LIGHTHOUSE POINT FL 33074
Marty Schiff director 61 LEMON ST. UNIONTOWN PA 15401
Flexible Growth & Income Fund Co, Llc 10 percent owner 1015 MASSACHUSETTS AVE. LEXINGTON MA 02420
Mark Crist director
Donald Neal Gallent officer: President 701 WOODRIDGE COURT BRENTWOOD TN 37027
Joya Arthur De officer: CFO 361 WISETON AVENUE, LAS VEGAS NV 89123
Gary J Hohman officer: President
Ismat Sawaqed director 1535 BLACKJACK ROAD FRANKLIN KY 42134
John Fleming director, 10 percent owner, officer: CEO ONE AMERICAN ROAD, DEARBORN MI 48126
John Fleming director, 10 percent owner, officer: CEO 1535 BLACKJACK ROAD FRANKLIN KY 42134

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