GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Intact Gold Corp (STU:1A51) » Definitions » Asset Turnover

Intact Gold (STU:1A51) Asset Turnover : 0.00 (As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Intact 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. Intact Gold's Revenue for the three months ended in Dec. 2023 was €0.00 Mil. Intact Gold's Total Assets for the quarter that ended in Dec. 2023 was €0.51 Mil. Therefore, Intact Gold's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Intact Gold's annualized ROE % for the quarter that ended in Dec. 2023 was 510.64%. It is also linked to ROA % through Du Pont Formula. Intact Gold's annualized ROA % for the quarter that ended in Dec. 2023 was -23.32%.


Intact Gold Asset Turnover Historical Data

The historical data trend for Intact 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.

Intact Gold Asset Turnover Chart

Intact Gold Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Intact Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Intact Gold's Asset Turnover

For the Other Industrial Metals & Mining subindustry, Intact 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.


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

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

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



Intact Gold Asset Turnover Calculation

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

Intact Gold's Asset Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=0/( (0.481+0.486)/ 2 )
=0/0.4835
=0.00

Intact Gold's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (0.501+0.528)/ 2 )
=0/0.5145
=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.


Intact Gold  (STU:1A51) Asset Turnover Explanation

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

Intact Gold's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-0.12/-0.0235
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.12 / 0)*(0 / 0.5145)*(0.5145/ -0.0235)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-21.8936
=ROA %*Equity Multiplier
=-23.32 %*-21.8936
=510.64 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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:

Intact Gold's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-0.12/0.5145
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.12 / 0)*(0 / 0.5145)
=Net Margin %*Asset Turnover
= %*0
=-23.32 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


Intact Gold Asset Turnover Related Terms

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


Intact Gold (STU:1A51) Business Description

Traded in Other Exchanges
N/A
Address
837 West Hastings Street, Suite 400, Vancouver, BC, CAN, V6C 3N6
Intact Gold Corp is a mineral exploration company. The company engages in the acquisition and exploration of mining projects. Its exploration properties portfolio includes Belle terre Property located in Quebec, Canada; Gold Hill - Blackjack Property located in the Kenora Mining Division of Ontario; Little Phoenix Property located in British Columbia, Canada; and Lac Gueret South Property located in Quebec, Canada.

Intact Gold (STU:1A51) Headlines

No Headlines