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LifeQuest World (LifeQuest World) Asset Turnover : 0.22 (As of May. 2009)


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What is LifeQuest World Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. LifeQuest World's Revenue for the six months ended in May. 2009 was $0.77 Mil. LifeQuest World's Total Assets for the quarter that ended in May. 2009 was $3.53 Mil. Therefore, LifeQuest World's Asset Turnover for the quarter that ended in May. 2009 was 0.22.

Asset Turnover is linked to ROE % through Du Pont Formula. LifeQuest World's annualized ROE % for the quarter that ended in May. 2009 was -171.87%. It is also linked to ROA % through Du Pont Formula. LifeQuest World's annualized ROA % for the quarter that ended in May. 2009 was -69.15%.


LifeQuest World Asset Turnover Historical Data

The historical data trend for LifeQuest World'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.

LifeQuest World Asset Turnover Chart

LifeQuest World Annual Data
Trend May00 May01 May02 May03 May04 May05 May06 May07 May08 May09
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.82 8.03 0.72 0.36 0.22

LifeQuest World Semi-Annual Data
May99 May00 May01 May02 May03 May04 May05 May06 May07 May08 May09
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 8.82 8.03 0.72 0.36 0.22

Competitive Comparison of LifeQuest World's Asset Turnover

For the Pollution & Treatment Controls subindustry, LifeQuest World'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.


LifeQuest World's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, LifeQuest World's Asset Turnover distribution charts can be found below:

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



LifeQuest World Asset Turnover Calculation

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

LifeQuest World's Asset Turnover for the fiscal year that ended in May. 2009 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: May. 2009 )/( (Total Assets (A: May. 2008 )+Total Assets (A: May. 2009 ))/ count )
=0.77/( (2.718+4.333)/ 2 )
=0.77/3.5255
=0.22

LifeQuest World's Asset Turnover for the quarter that ended in May. 2009 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: May. 2009 )/( (Total Assets (Q: May. 2008 )+Total Assets (Q: May. 2009 ))/ count )
=0.77/( (2.718+4.333)/ 2 )
=0.77/3.5255
=0.22

* 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.


LifeQuest World  (OTCPK:LQWC) Asset Turnover Explanation

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

LifeQuest World's annulized ROE % for the quarter that ended in May. 2009 is

ROE %**(Q: May. 2009 )
=Net Income/Total Stockholders Equity
=-2.438/1.4185
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.438 / 1.54)*(1.54 / 3.5255)*(3.5255/ 1.4185)
=Net Margin %*Asset Turnover*Equity Multiplier
=-158.31 %*0.4368*2.4854
=ROA %*Equity Multiplier
=-69.15 %*2.4854
=-171.87 %

Note: The Net Income data used here is two times the semi-annual (May. 2009) net income data. The Revenue data used here is two times the semi-annual (May. 2009) 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:

LifeQuest World's annulized ROA % for the quarter that ended in May. 2009 is

ROA %(Q: May. 2009 )
=Net Income/Total Assets
=-2.438/3.5255
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.438 / 1.54)*(1.54 / 3.5255)
=Net Margin %*Asset Turnover
=-158.31 %*0.4368
=-69.15 %

Note: The Net Income data used here is two times the semi-annual (May. 2009) net income data. The Revenue data used here is two times the semi-annual (May. 2009) 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.


LifeQuest World Asset Turnover Related Terms

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


LifeQuest World (LifeQuest World) Business Description

Traded in Other Exchanges
N/A
Address
100 Challenger Road, 8th Floor, Ridgefield Park, NJ, USA, 07660
LifeQuest World Corp is a technology leader in low-cost, low-maintenance, eco-friendly, decentralized wastewater treatment. It intends to rapidly add solutions for the treatment of effluents. The company markets the following products namely BioPipe; Abrimix water treatment technology is capable of treating industrial wastewater and Goslyn is a patented fat, oil, and grease recovery device used in restaurants, hotels, and industrial kitchens.
Executives
Anthony Carl Jurak director, 10 percent owner, officer: CEO 297 MARIN ST, SAINTE ADELE QUEBEC A1 J8B2P8
Roger Theriault director, officer: President 1181 GRIER DR., SUITE C, LAS VEGAS NV 89119
Maria Jose Guedes officer: V.P. of Operations/Asst. Secy. 1181 GRIER DR., SUITE C, LAS VEGAS NV 89119

LifeQuest World (LifeQuest World) Headlines

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