Sales to Assets = Sales (Trailing 12 months) / Total Assets
The ratio lets you screen for asset light companies, in other words they do not need a lot of assets to generate sales. Think of an auto manufacturer compared to a software company.
How to use the ratio
Available as a screening ratio: No
Available as an output column ratio: Yes (Look under the Quality tab)
How to select asset light companies
To find asset light companies sort the column from high to low.
A high Sales to asset ratio means it is an asset light company whereas a low Sales to Assets ratio means the company needs a lot of assets to generate sales.