In the retail sector, an asset turnover ratio of 2.5 or more could be considered good, while a company in the utilities sector is more likely to aim for an asset turnover ratio that’s between 0.25 and 0.5.
Also, How many free throws did Kobe average?
After 1,072 games, Bryant took 8,190 free throws (7.6 per game).
Similarly, What is a bad asset turnover ratio?
Key Takeaways. The asset turnover ratio measures is an efficiency ratio which measures how profitably a company uses its assets to produce sales. … A lower ratio indicates poor efficiency, which may be due to poor utilization of fixed assets, poor collection methods, or poor inventory management.
and What is a good leverage ratio? This ratio, which equals operating income divided by interest expenses, showcases the company’s ability to make interest payments. Generally, a ratio of 3.0 or higher is desirable, although this varies from industry to industry.
Is a higher or lower fixed asset turnover better?
A high fixed asset turnover ratio often indicates that a firm effectively and efficiently uses its assets to generate revenues. A low fixed asset turnover ratio generally indicates the opposite: a firm does not use its assets effectively or to its full potential to generate revenue.
Table of Contents
Who was Kobe Bryant’s wife?
Vanessa Bryant, wife of Kobe Bryant, agrees to settle suit over helicopter crash – The Washington Post.
How many times has Kobe been blocked?
Kobe Bryant blocked 640 shots in his career.
| NAME | GP | BLK |
|---|---|---|
| Kobe Bryant | 1346 | 640 |
Is a low asset turnover ratio good?
Is it better to have a high or low asset turnover? Generally, a higher ratio is favored because it implies that the company is efficient in generating sales or revenues from its asset base. A lower ratio indicates that a company is not using its assets efficiently and may have internal problems.
What is a good average collection period?
Company A is likely having some trouble collecting accounts. Most businesses require invoices to be paid in about 30 days, so Company A’s average of 38 days means accounts are often overdue. A lower average, say around 26 days, would indicate collection is efficient and effective.
What causes low asset turnover?
Improve Efficiency
The asset turnover ratio could be low because of the inefficient use of assets. The company should analyze how the assets are used and ways to improve the productivity of each asset. The output should increase without any significant increase in any other expenses.
What is the best leverage level for a beginner?
What is the best leverage level for a beginner? If you are new to Forex, the ideal start would be to use 1:10 leverage and 10,000 USD balance. So, the best leverage for a beginner is definitely not higher than the ratio from 1 to 10.
What is leverage ratio example?
Below are 5 of the most commonly used leverage ratios: Debt-to-Assets Ratio = Total Debt / Total Assets. … Debt-to-Capital Ratio = Today Debt / (Total Debt + Total Equity) Debt-to-EBITDA Ratio = Total Debt / Earnings Before Interest Taxes Depreciation & Amortization (EBITDA.
How do you tell if a company is highly leveraged?
If the same business used $2.5 million of its own money and $2.5 million of borrowed cash to buy the same piece of real estate, the company is using financial leverage. If the same business borrows the entire sum of $5 million to purchase the property, that business is considered to be highly leveraged.
What is the ideal proprietary ratio?
Proprietary Ratio or Net Worth Ratio Ideal ratio : 0.5:1 Higher the ratio better the long term solvency (financial) position of the company.
How much did Vanessa Bryant inherit from Kobe?
Vanessa Bryant inherited control of an estate valued at as much as $600 million after Kobe Bryant’s death, according to financial experts.
What race is Kobe Bryant’s wife Vanessa?
Vanessa Bryant’s age and ethnicity
The former Los Angeles Lakers star’s widow was born Vanessa Urbieta Cornejo on May 5, 1982. According to Hola! she is of Mexican, Irish, English, and German descent.
Did Kobe Bryant win the dunk contest?
Bryant was 18 years and 169 days old when he won the 1997 Slam Dunk Contest in Cleveland as a rookie. It wasn’t one of the most memorable dunk contests, but Bryant beat out Michael Finley and Chris Carr in the final round.
What is Kobe Bryant’s net worth?
Kobe Bryant died January 26, 2020 at age 41 in a helicopter crash, along with his 13-year-old daughter, Gianna, and 7 other passengers. His net worth at the time of his death was an estimated $600 million.
When was Kobe Bryant’s prime?
kobe’s scoring prime was 2006. his athletic prime was from 1998 to 2003.
What is ideal profitability ratio?
Profitability ratios assess a company’s ability to earn profits from its sales or operations, balance sheet assets, or shareholders’ equity. Profitability ratios indicate how efficiently a company generates profit and value for shareholders.
What if current ratio is less than 1?
The current ratio is an indication of a firm’s liquidity. … If current liabilities exceed current assets the current ratio will be less than 1. A current ratio of less than 1 indicates that the company may have problems meeting its short-term obligations.
What is a good current ratio?
To a certain degree, whether your business has a “good” current ratio is determined by industry type. However, in most cases, a current ratio between 1.5 and 3 is considered acceptable. Some investors or creditors may look for a slightly higher figure.
What is a good collection ratio?
How the Average Collection Period Ratio Works. Knowing your company’s average collection period ratio can help you determine how effective its credit and collection policies are. If your company requires invoices to be paid within 30 days, then a lower average than 30 would mean that you collect accounts efficiently.
What is average age of receivables?
The average collection period is calculated by dividing the average balance of accounts receivable by total net credit sales for the period and multiplying the quotient by the number of days in the period.
