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Perpetua Resources (Perpetua Resources) Asset Turnover : 0.00 (As of Mar. 2024)


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What is Perpetua Resources Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Perpetua Resources's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Perpetua Resources's Total Assets for the quarter that ended in Mar. 2024 was $80.70 Mil. Therefore, Perpetua Resources's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Perpetua Resources's annualized ROE % for the quarter that ended in Mar. 2024 was -16.51%. It is also linked to ROA % through Du Pont Formula. Perpetua Resources's annualized ROA % for the quarter that ended in Mar. 2024 was -14.60%.


Perpetua Resources Asset Turnover Historical Data

The historical data trend for Perpetua Resources'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.

Perpetua Resources Asset Turnover Chart

Perpetua Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
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Perpetua Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Perpetua Resources's Asset Turnover

For the Other Precious Metals & Mining subindustry, Perpetua Resources'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.


Perpetua Resources's Asset Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Perpetua Resources's Asset Turnover falls into.



Perpetua Resources Asset Turnover Calculation

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

Perpetua Resources's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=0/( (99.445+83.087)/ 2 )
=0/91.266
=0.00

Perpetua Resources's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0/( (83.087+78.317)/ 2 )
=0/80.702
=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.


Perpetua Resources  (NAS:PPTA) Asset Turnover Explanation

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

Perpetua Resources's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-11.78/71.3295
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-11.78 / 0)*(0 / 80.702)*(80.702/ 71.3295)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.1314
=ROA %*Equity Multiplier
=-14.60 %*1.1314
=-16.51 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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:

Perpetua Resources's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-11.78/80.702
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-11.78 / 0)*(0 / 80.702)
=Net Margin %*Asset Turnover
= %*0
=-14.60 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


Perpetua Resources Asset Turnover Related Terms

Thank you for viewing the detailed overview of Perpetua Resources's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Perpetua Resources (Perpetua Resources) Business Description

Traded in Other Exchanges
Address
405 S 8th Street, Suite 201, Boise, ID, USA, 83702
Perpetua Resources Corp is focused on the exploration, site restoration, and redevelopment of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central Idaho that are encompassed by the Stibnite Gold Project. The Project is one of the highest-grade, open-pit gold deposits in the United States and is designed to apply a modern, responsible mining approach to restore an abandoned mine site and produce both gold and the only mined source of antimony in the United States. It has one segment, mineral exploration in the United States.
Executives
Chris J Robison director 6363 SOUTH FIDDLER'S GREEN CIRCLE, GREENWOOD VILLAGE CO 80111
L Michael Bogert officer: See remarks. COEUR D'ALENE MINES CORPORATION, 505 FRONT AVENUE, P.O. BOX I, COEUR D'ALENE ID 83816
Laurel Sayer director, officer: See remarks. 405 S. 8TH STREET, SUITE 201, BOISE ID 83702
Michael Stephen Wright officer: See remarks. 405 S. 8TH STREET, SUITE 201, BOISE ID 83702
Alan Douglas Haslam officer: See remarks. 405 S. 8TH STREET, SUITE 201, BOISE ID 83702
Richie Darrin Haddock director 405 S. 8TH STREET, SUITE 201, BOISE ID 83702
Jessica Marie Largent officer: See remarks. 405 S. 8TH STREET, SUITE 201, BOISE ID 83702
Tanya Dawn Nelson officer: See remarks. 405 S. 8TH STREET, SUITE 201, BOISE ID 83702
Mckinsey Margaret Lyon officer: See remarks. 405 S. 8TH STREET, SUITE 201, BOISE ID 83702
David Deisley director C/O NOVAGOLD RESOURCES INC., 201 SOUTH MAIN STREET, SUITE 400, SALT LAKE CITY UT 84111
Laura Dove director 405 S 8TH STREET, SUITE 201, BOISE ID 83702
Marcelo Kim director C/O PAULSON & CO. INC., 1251 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Alexander Mcleod Sternhell director 405 S. 8TH STREET, SUITE 201, BOISE ID 83702
Robert Alan Dean director 405 S. 8TH STREET, SUITE 201, BOISE ID 83702
Paulson Partners Lp other: Member of 10% Owner Group 1251 AVENUE OF THE AMERICAS, NEW YORK NY 10020