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Real Brands (Real Brands) Asset Turnover : 0.00 (As of Mar. 2024)


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What is Real 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. Real Brands's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Real Brands's Total Assets for the quarter that ended in Mar. 2024 was $1.24 Mil. Therefore, Real Brands's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Real Brands's annualized ROE % for the quarter that ended in Mar. 2024 was 44.30%. It is also linked to ROA % through Du Pont Formula. Real Brands's annualized ROA % for the quarter that ended in Mar. 2024 was -48.97%.


Real Brands Asset Turnover Historical Data

The historical data trend for Real 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.

Real Brands Asset Turnover Chart

Real Brands Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 - 0.01 0.05

Real Brands Quarterly Data
Sep07 Dec07 Mar08 Jun08 Sep08 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.02 0.02 - 0.01 -

Competitive Comparison of Real Brands's Asset Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, Real 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.


Real Brands's Asset Turnover Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Real Brands's Asset Turnover distribution charts can be found below:

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



Real Brands Asset Turnover Calculation

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

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=0.06/( (1.162+1.28)/ 2 )
=0.06/1.221
=0.05

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0/( (1.28+1.203)/ 2 )
=0/1.2415
=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.


Real Brands  (OTCPK:RLBD) Asset Turnover Explanation

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

Real Brands's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-0.608/-1.3725
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.608 / 0)*(0 / 1.2415)*(1.2415/ -1.3725)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.9046
=ROA %*Equity Multiplier
=-48.97 %*-0.9046
=44.30 %

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

Real Brands's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-0.608/1.2415
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.608 / 0)*(0 / 1.2415)
=Net Margin %*Asset Turnover
= %*0
=-48.97 %

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


Real Brands Asset Turnover Related Terms

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


Real Brands (Real Brands) Business Description

Traded in Other Exchanges
N/A
Address
12 Humbert Street, North Providence, RI, USA, 02991
Real Brands Inc is a brand-building company in the legal hemp and cannabis industry. Its brand includes CBD Pharmacy, Omega Hemp, Hempaid, and Humboldt among others. The company sells its hemp-based products to the wholesale and retail markets.
Executives
James Wells Dobbins director 5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Thomas Kidrin officer: President and CEO 11 ROYAL ROAD, BROOKLINE MA 02445
Christopher John Ryan officer: CFO 11 ROYAL RD, BROOKLINE MA 02445
Leonard Toboroff director 39 N MOORE ST, STE 6B, NEW YORK NY 10013
Peter N Christos director
Turning Point Brands, Inc. 10 percent owner 5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Brett S. Spitalny officer: Chief Operating Officer 2 SOUTH UNIVERSITY DRIVE, SUITE 220, PLANTATION FL 33324
Jerry Pearring director, officer: President & CEO 2 SOUTH UNIVERSITY DRIVE, SUITE 220, PLANTATION FL 33324
Ross E Silvey director 7633 EAST 63RD PLACE, #220, TULSA OK 74133
Terry J Turner director 7633 EAST 63RD PLACE, #220, TULSA OK 74133
Bernie Gurr officer: Chief Financial Officer 32751 MATTHEW DRIVE, DANA POINT CA 92629
Bruce Macgregor officer: Chief Executive Officer, Pres. 5092 RHOADS AVENUE UNIT A, SANTA BARBARA CA 93111
Ken Wiedrich director 43180 BUSINESS PARK DRIVE SUITE 202, TEMECULA CA 92590

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