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BTU Metals (BTU Metals) Asset Turnover : 0.00 (As of Jan. 2024)


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What is BTU Metals Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. BTU Metals's Revenue for the three months ended in Jan. 2024 was $0.00 Mil. BTU Metals's Total Assets for the quarter that ended in Jan. 2024 was $5.82 Mil. Therefore, BTU Metals's Asset Turnover for the quarter that ended in Jan. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. BTU Metals's annualized ROE % for the quarter that ended in Jan. 2024 was -6.69%. It is also linked to ROA % through Du Pont Formula. BTU Metals's annualized ROA % for the quarter that ended in Jan. 2024 was -6.66%.


BTU Metals Asset Turnover Historical Data

The historical data trend for BTU Metals'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.

BTU Metals Asset Turnover Chart

BTU Metals Annual Data
Trend Apr12 Apr13 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Asset Turnover
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BTU Metals Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Jul23 Oct23 Jan24
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Competitive Comparison of BTU Metals's Asset Turnover

For the Gold subindustry, BTU Metals'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.


BTU Metals's Asset Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where BTU Metals's Asset Turnover falls into.



BTU Metals Asset Turnover Calculation

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

BTU Metals's Asset Turnover for the fiscal year that ended in Apr. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Apr. 2022 )/( (Total Assets (A: Apr. 2021 )+Total Assets (A: Apr. 2022 ))/ count )
=0/( (8.004+8.578)/ 2 )
=0/8.291
=0.00

BTU Metals's Asset Turnover for the quarter that ended in Jan. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=0/( (5.81+5.836)/ 2 )
=0/5.823
=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.


BTU Metals  (OTCPK:BTUMF) Asset Turnover Explanation

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

BTU Metals's annulized ROE % for the quarter that ended in Jan. 2024 is

ROE %**(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=-0.388/5.8015
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.388 / 0)*(0 / 5.823)*(5.823/ 5.8015)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0037
=ROA %*Equity Multiplier
=-6.66 %*1.0037
=-6.69 %

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

BTU Metals's annulized ROA % for the quarter that ended in Jan. 2024 is

ROA %(Q: Jan. 2024 )
=Net Income/Total Assets
=-0.388/5.823
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.388 / 0)*(0 / 5.823)
=Net Margin %*Asset Turnover
= %*0
=-6.66 %

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


BTU Metals Asset Turnover Related Terms

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BTU Metals (BTU Metals) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6C 1H2
BTU Metals Corp is a Canadian-based company engaged in the identifying, acquisition, and exploration of mineral property. Its Projects include Galway Gold Property, Dixie Halo East Project, Dixie Halo South Project, Dixie Halo Southeast Project, Dixie Halo Southeast Extension Project, and others.

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