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Resource Capital Gold (Resource Capital Gold) Asset Turnover : 0.00 (As of Sep. 2018)


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What is Resource Capital Gold Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Resource Capital Gold's Revenue for the three months ended in Sep. 2018 was $0.00 Mil. Resource Capital Gold's Total Assets for the quarter that ended in Sep. 2018 was $25.22 Mil. Therefore, Resource Capital Gold's Asset Turnover for the quarter that ended in Sep. 2018 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Resource Capital Gold's annualized ROE % for the quarter that ended in Sep. 2018 was 4.12%. It is also linked to ROA % through Du Pont Formula. Resource Capital Gold's annualized ROA % for the quarter that ended in Sep. 2018 was 1.60%.


Resource Capital Gold Asset Turnover Historical Data

The historical data trend for Resource Capital Gold's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Resource Capital Gold Asset Turnover Chart

Resource Capital Gold Annual Data
Trend Apr09 Apr10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Asset Turnover
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Resource Capital Gold Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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Competitive Comparison of Resource Capital Gold's Asset Turnover

For the Other Precious Metals & Mining subindustry, Resource Capital Gold's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Resource Capital Gold's Asset Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Resource Capital Gold's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Resource Capital Gold's Asset Turnover falls into.



Resource Capital Gold Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Resource Capital Gold's Asset Turnover for the fiscal year that ended in Jun. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2018 )/( (Total Assets (A: Jun. 2017 )+Total Assets (A: Jun. 2018 ))/ count )
=0/( (18.871+25.21)/ 2 )
=0/22.0405
=0.00

Resource Capital Gold's Asset Turnover for the quarter that ended in Sep. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2018 )/( (Total Assets (Q: Jun. 2018 )+Total Assets (Q: Sep. 2018 ))/ count )
=0/( (25.21+25.224)/ 2 )
=0/25.217
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Resource Capital Gold  (OTCPK:GDPEF) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Resource Capital Gold's annulized ROE % for the quarter that ended in Sep. 2018 is

ROE %**(Q: Sep. 2018 )
=Net Income/Total Stockholders Equity
=0.404/9.811
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.404 / 0)*(0 / 25.217)*(25.217/ 9.811)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*2.5703
=ROA %*Equity Multiplier
=1.60 %*2.5703
=4.12 %

Note: The Net Income data used here is four times the quarterly (Sep. 2018) net income data. The Revenue data used here is four times the quarterly (Sep. 2018) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Resource Capital Gold's annulized ROA % for the quarter that ended in Sep. 2018 is

ROA %(Q: Sep. 2018 )
=Net Income/Total Assets
=0.404/25.217
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.404 / 0)*(0 / 25.217)
=Net Margin %*Asset Turnover
= %*0
=1.60 %

Note: The Net Income data used here is four times the quarterly (Sep. 2018) net income data. The Revenue data used here is four times the quarterly (Sep. 2018) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Resource Capital Gold Asset Turnover Related Terms

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Resource Capital Gold (Resource Capital Gold) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6
Resource Capital Gold Corp is a precious-metals developer and producer. The company has the pipeline of late-stage exploration, development and producing gold-silver assets in North America. The company is currently focusing on Dufferin Gold Mine and mill in Nova Scotia. It is also advancing the Corcoran Canyon, Tangier and Forest Hill gold-silver projects. Its mineral operations are located in Canada and the United States of America.

Resource Capital Gold (Resource Capital Gold) Headlines

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