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ADVFN HomeHelpFinancialsDeeper AnalysisOPERATING RATIOS - OthersTotal Assets-to-Sales
  Total Assets-to-Sales
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Total Assets-to-Sales

Total Assets to Sales ratio, is defined as the total assets divided by the turnover of the company. Roughly speaking, it shows how many pounds need to be employed by the company in order to create one pound of sales. The formula is the following:

= average total assets / turnover