Newater Technology Inc Asset Turnover Ratio (NEWA), as of fourth quarter 2020, current and historic results, rankings and more - CSIMarket
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Newater Technology Inc   (NEWA)
    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services
 

Newater Technology Inc Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Newater Technology Inc asset turnover ratio, the ability of Newater Technology Inc 's assets to generate revenue in the fourth quarter 2020, increased sequentially to 0.61 in the fourth quarter (Dec 31 2020), NEWA's balance sheet remain strong.

Within sector 75 more businesses have achieved higher asset turnover ratio. While ranking the asset turnover ratio, among all other companies, it is fair to say, that the company's position has deteriorated in the fourth quarter 2020 compared to the preceding quarter from 1887 to 1890.

Asset Turnover Ratio Definition



NEWA Asset Turnover Ratio (Dec 31 2020)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2019)
IV. Quarter
Y / Y Asset Change 28.54 % 19.44 % 19.44 % 19.44 % 87.26 %
Y / Y Revenue Change 36.15 % - - - -20.12 %
Asset Turnover Ratio (TTM) 0.61 - - - 0.54
NEWA's Total Ranking # 1890 # 1887 # 3575 # 0 # 1890
Seq. Asset Change -37.91 % 0 % 0 % 107.01 % -42.3 %
Seq. Revenue Change - - - - -



Asset Turnover Ratio Company Ranking
Within: No.
Professional Services Industry # 76
Services Sector # 276
Overall Market # 1890

Asset Turnover Ratio Statistics
High Average Low
0.76 0.59 0.48
(Dec 31 2018)   (Dec 31 2019)







Companies with similar Asset Turnover Ratio for the quarter ending Dec 31 2020, within Services Sector Asset Turnover Ratio Revenues for 12 Months ending Dec 31 2020 Assets at quarter ending Dec 31 2020
Staffing 360 Solutions Inc   2.35 $ 204.527  Millions$ 87.203  Millions
Investview Inc   2.34 $ 25.684  Millions$ 10.977  Millions
Starco Brands Inc   2.34 $ 1.365  Millions$ 0.584  Millions
Davidstea Inc   2.33 $ 150.490  Millions$ 64.663  Millions
Cross Country Healthcare Inc  2.30 $ 836.417  Millions$ 363.498  Millions
Papa John s International Inc   2.29 $ 1,813.234  Millions$ 791.363  Millions
Quhuo Ltd  2.28 $ 395.526  Millions$ 173.266  Millions
Digital Brand Media And Marketing Group Inc  2.28 $ 0.146  Millions$ 0.064  Millions
Nextplat Corp  2.23 $ 5.690  Millions$ 2.555  Millions
Laix Inc   2.18 $ 149.062  Millions$ 68.314  Millions
Alj Regional Holdings Inc  2.13 $ 418.514  Millions$ 196.850  Millions
Rcm Technologies Inc   2.11 $ 150.409  Millions$ 71.255  Millions
Bsquare Corp  2.11 $ 47.144  Millions$ 22.348  Millions
Mastech Digital Inc   2.11 $ 194.101  Millions$ 92.173  Millions
Scores Holding Co Inc  2.10 $ 0.263  Millions$ 0.125  Millions
Robert Half Inc   2.09 $ 5,107.657  Millions$ 2,449.436  Millions
Research Solutions inc   2.06 $ 31.131  Millions$ 15.137  Millions
Manpowergroup Inc   2.03 $ 18,001.000  Millions$ 8,853.500  Millions
Umatrin Holding Limited  1.99 $ 3.681  Millions$ 1.848  Millions
Bgsf Inc  1.96 $ 257.318  Millions$ 131.118  Millions
Fullnet Communications Inc  1.92 $ 3.502  Millions$ 1.826  Millions
V2x Inc   1.92 $ 1,395.529  Millions$ 727.780  Millions
Trueblue Inc   1.88 $ 1,846.360  Millions$ 981.730  Millions
Flexshopper Inc   1.86 $ 102.085  Millions$ 55.016  Millions
Cfn Enterprises Inc   1.82 $ 0.506  Millions$ 0.279  Millions
Maximus Inc   1.77 $ 3,588.862  Millions$ 2,028.582  Millions
Lingerie Fighting Championships Inc   1.75 $ 0.028  Millions$ 0.016  Millions
Pfsweb Inc   1.74 $ 342.505  Millions$ 196.453  Millions
Upbound Group Inc   1.70 $ 2,814.191  Millions$ 1,650.558  Millions
Collectors Universe Inc  1.70 $ 105.450  Millions$ 62.072  Millions



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