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Pan American Energy (Pan American Energy) Asset Turnover : 0.00 (As of Dec. 2023)


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What is Pan American Energy Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Pan American Energy's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Pan American Energy's Total Assets for the quarter that ended in Dec. 2023 was $11.35 Mil. Therefore, Pan American Energy's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Pan American Energy's annualized ROE % for the quarter that ended in Dec. 2023 was -47.30%. It is also linked to ROA % through Du Pont Formula. Pan American Energy's annualized ROA % for the quarter that ended in Dec. 2023 was -38.74%.


Pan American Energy Asset Turnover Historical Data

The historical data trend for Pan American Energy'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.

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Pan American Energy Asset Turnover Chart

Pan American Energy Annual Data
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Pan American Energy Quarterly Data
Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Apr21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Pan American Energy's Asset Turnover

For the Other Industrial Metals & Mining subindustry, Pan American Energy'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.


Pan American Energy's Asset Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Pan American Energy's Asset Turnover falls into.



Pan American Energy Asset Turnover Calculation

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

Pan American Energy'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/( (1.155+7.734)/ 2 )
=0/4.4445
=0.00

Pan American Energy'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/( (7.43+15.267)/ 2 )
=0/11.3485
=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.


Pan American Energy  (OTCPK:PAANF) Asset Turnover Explanation

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

Pan American Energy's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-4.396/9.2945
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-4.396 / 0)*(0 / 11.3485)*(11.3485/ 9.2945)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.221
=ROA %*Equity Multiplier
=-38.74 %*1.221
=-47.30 %

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:

Pan American Energy's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-4.396/11.3485
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-4.396 / 0)*(0 / 11.3485)
=Net Margin %*Asset Turnover
= %*0
=-38.74 %

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.


Pan American Energy Asset Turnover Related Terms

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Pan American Energy (Pan American Energy) Business Description

Traded in Other Exchanges
Address
521 3rd Avenue SW, Suite 100, Calgary, AB, CAN, T2P 3T3
Pan American Energy Corp is a North American mining exploration company engaged in the business of expanding the boundaries of the lithium supply chain through the acquisition, exploration and development of mineral properties. The company has a diversified asset base in Canada and the USA including hard rock lithium (Ontario) and claystone lithium (Nevada).

Pan American Energy (Pan American Energy) Headlines