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Sprott Physical Uranium Trust (TSX:U.UN) Asset Turnover : 0.00 (As of Dec. 2022)


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What is Sprott Physical Uranium Trust Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Sprott Physical Uranium Trust's Revenue for the six months ended in Dec. 2022 was C$0.00 Mil. Sprott Physical Uranium Trust's Total Assets for the quarter that ended in Dec. 2022 was C$3,946.55 Mil. Therefore, Sprott Physical Uranium Trust's Asset Turnover for the quarter that ended in Dec. 2022 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Sprott Physical Uranium Trust's annualized ROE % for the quarter that ended in Dec. 2022 was -9.57%. It is also linked to ROA % through Du Pont Formula. Sprott Physical Uranium Trust's annualized ROA % for the quarter that ended in Dec. 2022 was -9.28%.


Sprott Physical Uranium Trust Asset Turnover Historical Data

The historical data trend for Sprott Physical Uranium Trust'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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Sprott Physical Uranium Trust Asset Turnover Chart

Sprott Physical Uranium Trust Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Dec22 Dec23
Asset Turnover
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Sprott Physical Uranium Trust Semi-Annual Data
Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Jun22 Dec22 Dec23
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Competitive Comparison of Sprott Physical Uranium Trust's Asset Turnover

For the Uranium subindustry, Sprott Physical Uranium Trust'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.


Sprott Physical Uranium Trust's Asset Turnover Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Sprott Physical Uranium Trust's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Sprott Physical Uranium Trust's Asset Turnover falls into.



Sprott Physical Uranium Trust Asset Turnover Calculation

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

Sprott Physical Uranium Trust'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/( (3928.173+7770.457)/ 2 )
=0/5849.315
=0.00

Sprott Physical Uranium Trust's Asset Turnover for the quarter that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Dec. 2022 ))/ count )
=0/( (3964.935+3928.173)/ 2 )
=0/3946.554
=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.


Sprott Physical Uranium Trust  (TSX:U.UN) Asset Turnover Explanation

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

Sprott Physical Uranium Trust's annulized ROE % for the quarter that ended in Dec. 2022 is

ROE %**(Q: Dec. 2022 )
=Net Income/Total Stockholders Equity
=-366.43/3828.6455
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-366.43 / 0)*(0 / 3946.554)*(3946.554/ 3828.6455)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0308
=ROA %*Equity Multiplier
=-9.28 %*1.0308
=-9.57 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2022) net income data. The Revenue data used here is two times the semi-annual (Dec. 2022) 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:

Sprott Physical Uranium Trust's annulized ROA % for the quarter that ended in Dec. 2022 is

ROA %(Q: Dec. 2022 )
=Net Income/Total Assets
=-366.43/3946.554
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-366.43 / 0)*(0 / 3946.554)
=Net Margin %*Asset Turnover
= %*0
=-9.28 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2022) net income data. The Revenue data used here is two times the semi-annual (Dec. 2022) 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.


Sprott Physical Uranium Trust Asset Turnover Related Terms

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Sprott Physical Uranium Trust (TSX:U.UN) Business Description

Traded in Other Exchanges
Address
200 Bay Street, Royal Bank Plaza, South Tower, Suite 2600, Toronto, ON, CAN, M5J 2J1
Sprott Physical Uranium Trust is an investment company managed by Denison Mines Inc. Its primary interest lies in investing in Uranium based assets, including uranium oxide and uranium hexafluoride. The company stores its uranium deposits at uranium conversion facilities.

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