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St-Georges Eco-Mining (STU:85G1) Asset Turnover : 0.00 (As of Dec. 2023)


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What is St-Georges Eco-Mining Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. St-Georges Eco-Mining's Revenue for the three months ended in Dec. 2023 was €0.00 Mil. St-Georges Eco-Mining's Total Assets for the quarter that ended in Dec. 2023 was €18.32 Mil. Therefore, St-Georges Eco-Mining's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. St-Georges Eco-Mining's annualized ROE % for the quarter that ended in Dec. 2023 was -6.79%. It is also linked to ROA % through Du Pont Formula. St-Georges Eco-Mining's annualized ROA % for the quarter that ended in Dec. 2023 was -7.33%.


St-Georges Eco-Mining Asset Turnover Historical Data

The historical data trend for St-Georges Eco-Mining'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.

St-Georges Eco-Mining Asset Turnover Chart

St-Georges Eco-Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar22 Mar23
Asset Turnover
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St-Georges Eco-Mining Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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Competitive Comparison of St-Georges Eco-Mining's Asset Turnover

For the Other Industrial Metals & Mining subindustry, St-Georges Eco-Mining'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.


St-Georges Eco-Mining's Asset Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where St-Georges Eco-Mining's Asset Turnover falls into.



St-Georges Eco-Mining Asset Turnover Calculation

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

St-Georges Eco-Mining'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/( (15.361+18.051)/ 2 )
=0/16.706
=0.00

St-Georges Eco-Mining'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/( (17.862+18.787)/ 2 )
=0/18.3245
=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.


St-Georges Eco-Mining  (STU:85G1) Asset Turnover Explanation

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

St-Georges Eco-Mining's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-1.344/19.785
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.344 / 0)*(0 / 18.3245)*(18.3245/ 19.785)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*0.9262
=ROA %*Equity Multiplier
=-7.33 %*0.9262
=-6.79 %

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:

St-Georges Eco-Mining's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-1.344/18.3245
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.344 / 0)*(0 / 18.3245)
=Net Margin %*Asset Turnover
= %*0
=-7.33 %

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.


St-Georges Eco-Mining Asset Turnover Related Terms

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St-Georges Eco-Mining (STU:85G1) Business Description

Traded in Other Exchanges
Address
1000 Sherbrooke Street West, Suite 2700, Montreal, QC, CAN, H3A3G4
St-Georges Eco-Mining Corp develops new technologies to solve some of the most common environmental problems in the mining sector, including maximizing metal recovery results throughout the value chain. The company has an integrated urban mining strategy which includes full-circle battery recycling and green hydrogen production. It also has verticals in critical mineral exploration in Quebec and Iceland. Its segment includes the acquisition and exploration of mining properties.

St-Georges Eco-Mining (STU:85G1) Headlines

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