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Puma Exploration (TSXV:PUMA) Asset Turnover : 0.00 (As of Nov. 2023)


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What is Puma Exploration Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Puma Exploration's Revenue for the three months ended in Nov. 2023 was C$0.00 Mil. Puma Exploration's Total Assets for the quarter that ended in Nov. 2023 was C$15.84 Mil. Therefore, Puma Exploration's Asset Turnover for the quarter that ended in Nov. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Puma Exploration's annualized ROE % for the quarter that ended in Nov. 2023 was -8.48%. It is also linked to ROA % through Du Pont Formula. Puma Exploration's annualized ROA % for the quarter that ended in Nov. 2023 was -8.18%.


Puma Exploration Asset Turnover Historical Data

The historical data trend for Puma Exploration'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.

Puma Exploration Asset Turnover Chart

Puma Exploration Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Asset Turnover
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Puma Exploration Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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Competitive Comparison of Puma Exploration's Asset Turnover

For the Gold subindustry, Puma Exploration'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.


Puma Exploration's Asset Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Puma Exploration's Asset Turnover falls into.



Puma Exploration Asset Turnover Calculation

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

Puma Exploration's Asset Turnover for the fiscal year that ended in Feb. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Feb. 2023 )/( (Total Assets (A: Feb. 2022 )+Total Assets (A: Feb. 2023 ))/ count )
=0/( (14.753+13.995)/ 2 )
=0/14.374
=0.00

Puma Exploration's Asset Turnover for the quarter that ended in Nov. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Nov. 2023 )/( (Total Assets (Q: Aug. 2023 )+Total Assets (Q: Nov. 2023 ))/ count )
=0/( (16.203+15.468)/ 2 )
=0/15.8355
=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.


Puma Exploration  (TSXV:PUMA) Asset Turnover Explanation

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

Puma Exploration's annulized ROE % for the quarter that ended in Nov. 2023 is

ROE %**(Q: Nov. 2023 )
=Net Income/Total Stockholders Equity
=-1.296/15.285
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.296 / 0)*(0 / 15.8355)*(15.8355/ 15.285)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.036
=ROA %*Equity Multiplier
=-8.18 %*1.036
=-8.48 %

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

Puma Exploration's annulized ROA % for the quarter that ended in Nov. 2023 is

ROA %(Q: Nov. 2023 )
=Net Income/Total Assets
=-1.296/15.8355
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.296 / 0)*(0 / 15.8355)
=Net Margin %*Asset Turnover
= %*0
=-8.18 %

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


Puma Exploration Asset Turnover Related Terms

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Puma Exploration (TSXV:PUMA) Business Description

Traded in Other Exchanges
Address
175, Legare Street, Rimouski, QC, CAN, G5L 3B9
Puma Exploration Inc is a Canadian-based mineral exploration company. It focuses on the discovery of precious metals orebodies in the Bathurst Mining Camp (BMC) in New Brunswick. The company made several gold discoveries at its flagship Williams Brook property. Puma is focused on generating maximum shareholder value through its development, exploration, acquisition, and royalties (DEAR) strategy.
Executives
Marcel Robillard Director, Senior Officer

Puma Exploration (TSXV:PUMA) Headlines

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