Ammo Inc Preferred

NASDAQ POWWP

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Ammo Inc Preferred Asset Turnover Ratio for the quarter ending December 31, 2023: 0.18

Ammo Inc Preferred Asset Turnover Ratio is 0.18 for the quarter ending December 31, 2023, a -2.79% change year over year. The asset turnover ratio measures a company's efficiency in utilizing its assets to generate revenue. It is calculated by dividing the company's revenue by the average of its total assets and total non-current assets. This ratio indicates how effectively a company generates sales from its asset base. A higher ratio implies better asset utilization and revenue generation, while a lower ratio may suggest underutilization of assets or inefficient operations.

Ammo Inc Preferred Asset Turnover Ratio for the quarter ending December 31, 2022 was 0.18.

NASDAQ: POWWP

Ammo Inc Preferred

CEO	-
IPO Date	May 21, 2021
Location	United States
Headquarters	7681 East Gray Road, Scottsdale, AZ, United States, 85260
Employees	342
Sector	Industrials
Industry	Aerospace & defense

Description

AMMO, Inc. designs, produces, and markets ammunition and ammunition component products for sport and recreational shooters, hunters, individuals seeking home or personal protection, manufacturers, and law enforcement and military agencies. The company's products include STREAK Visual Ammunition that enables shooters to see the path of the bullets fired by them; and Stelth Subsonic ammunition primarily for suppressed firearms. It also owns and operates GunBroker.com, an auction site that supports the lawful sale of firearms, ammunition, and hunting/shooting accessories. In addition, the company's products comprises of armor piercing and hard armor piercing incendiary precision ammunition; and ammunition casings for pistol ammunition through large rifle ammunition. The company has a license agreement with Jeff Rann's ammunition for game hunting. AMMO, Inc. was founded in 2016 and is based in Scottsdale, Arizona.

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