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Equity Turnover Ratio- Meaning, Formula, Calculation & Interpretations [Video]

Equity Turnover Ratio- Meaning, Formula, Calculation & Interpretations

This comprehensive tutorial discusses the Equity Turnover Ratio in detail. You will learn exactly what the Equity Turnover Ratio is, how to calculate it, and how to interpret the results. We will also go over how to calculate the Equity Turnover Ratio in Excel using the Colgate Case Study.
You can download the Colgate Equity Turnover Ratio template from this link – https://www.wallstreetmojo.com/ratio-analysis-template/

What is Equity Turnover Ratio?
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The ratio of a firm’s net sales to its average equity over a specific period is known as equity turnover, and it can be used to determine if the company is generating enough revenue to justify the shareholders’ holding of its equity.

Formula
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Equity Turnover Formula = Net Sales / Average Shareholders’ Equity

Interpretation
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– Comparing the Equity Turnover Ratio between firms in the same industry is a good idea. For example, the oil refinery industry’s turnover ratio is substantially lower than a service business because oil refineries require a significant capital investment to generate sales.
– If a firm wishes to attract more shareholders by boosting its equity turnover ratio, it might skew the equity by increasing the debt component in the capital structure. This is a very risky action because it puts the business in a position of taking on too much debt.

For more details, you can refer to our article – https://www.wallstreetmojo.com/equity-turnover-ratio/
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Resources for Accountants

IFRS CPE Courses [Video]

Check out our IFRS CPE at - https://www.cpethink.com/ifrs-cpe-for-cpasToday, we're going to go over the IFRS CPE courses for CPAs course list on CPE think.com. IFRS, which stands for International Financial Reporting Standards refers to a set f International Accounting Standards in a global economy that US companies sometimes need to be aware of and how they compare to GAAP. We have 16 courses that deal with IFRS issues. We have comparison courses, business combination of several that we have a series here of seven courses that a lot of people have a lot of positive feedback on. We've got a comparison course here real short one, US GAAP versus IFRS new guidelines, new lease accounting standards and how that applies or how IFRS fits into that. And then US GAAP and IFRS revenue recognition and business combinations. Any questions? Click the chat bubble down in the lower right. Let us know. To Contact Us please go to https://www.cpethink.com/contact-us or just open a chat on any page on our site.

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Inspiring Short Stories | The House with the Golden Windows | Motivational & Inspirational Video [Video]

The House with the Golden Windows. Inspiring short stories. Motivational & inspirational video. Best short inspirational videos. Inspirational quotes about life and love.The motivational stories and famous anecdotes presented in this video are excerpts from our book: Top 100 motivational stories: the best inspirational short stories and anecdotes of all time. Get the book here: https://www.bizmove.com/inspiration/m9b.htm

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5 Best Sports Betting Apps ★ 2022 | Online Sports Betting Tips [Video]

Discover the best 5 sports betting sites and apps. Here’re our picks for the 5 best sports betting sites, apps and sportbooks: 1. Bovada (bonus: $750): https://record.revenuenetwork.com/_4FiJyM5mQu397H-d5Ks7MGNd7ZgqdRLk/1/ 2. BetUS (Bonus: up to $2500): https://record.revmasters.com/_GDJId2cL3emhvo5nC3tZQ2Nd7ZgqdRLk/1/ 3. XBet (Bonus: up to $500): https://record.webpartners.co/_pI3eS84syUppj9fKdCJ9umNd7ZgqdRLk/1/ 4. BUSR (Bonus: up to $1000): https://record.webpartners.co/_pI3eS84syUrYGgllr3Vm5GNd7ZgqdRLk/1/ 5. MyBookie (Bonus: double first deposit): https://record.webpartners.co/_pI3eS84syUo-tw2NZ2I77WNd7ZgqdRLk/1/One of the most critical factors in sports betting success is finding the right sportsbook to bet at. Problem is, there are so many of them. It’s easy to lose time scanning the net for sports betting sites, time which could be better spent winning a few bucks on tonight’s game. Now, to help you quickly find the betting site best suited to your needs, we have tried and evaluated dozens of sites to come up with a list of 5 top sports betting sites. The above are our picks for the 5 best sports betting sites, apps, and sportsbooks. Note that we may earn a small commission from some of the links at no additional cost to you to help support this channel.

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Inspiring Short Stories | The Angry Father [Video]

The Angry Father. Inspiring short stories. Motivational & inspirational video. Best short inspirational videos. Inspirational quotes about life and love. The motivational stories and famous anecdotes presented in this video are excerpts from our book: Top 100 motivational stories: the best inspirational short stories and anecdotes of all time. Get the book here: https://www.bizmove.com/inspiration/m9b.htm