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Silver Predator (TSXV:SPD) Asset Turnover : 0.00 (As of Mar. 2024)


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What is Silver Predator Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Silver Predator's Revenue for the three months ended in Mar. 2024 was C$0.00 Mil. Silver Predator's Total Assets for the quarter that ended in Mar. 2024 was C$4.24 Mil. Therefore, Silver Predator's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Silver Predator's annualized ROE % for the quarter that ended in Mar. 2024 was -0.57%. It is also linked to ROA % through Du Pont Formula. Silver Predator's annualized ROA % for the quarter that ended in Mar. 2024 was -0.57%.


Silver Predator Asset Turnover Historical Data

The historical data trend for Silver Predator'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.

Silver Predator Asset Turnover Chart

Silver Predator Annual Data
Trend May14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
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Silver Predator Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Silver Predator's Asset Turnover

For the Silver subindustry, Silver Predator'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.


Silver Predator's Asset Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Silver Predator's Asset Turnover falls into.



Silver Predator Asset Turnover Calculation

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

Silver Predator'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/( (3.781+3.925)/ 2 )
=0/3.853
=0.00

Silver Predator's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0/( (3.925+4.557)/ 2 )
=0/4.241
=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.


Silver Predator  (TSXV:SPD) Asset Turnover Explanation

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

Silver Predator's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-0.024/4.186
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.024 / 0)*(0 / 4.241)*(4.241/ 4.186)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0131
=ROA %*Equity Multiplier
=-0.57 %*1.0131
=-0.57 %

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

Silver Predator's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-0.024/4.241
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.024 / 0)*(0 / 4.241)
=Net Margin %*Asset Turnover
= %*0
=-0.57 %

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


Silver Predator Asset Turnover Related Terms

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Silver Predator (TSXV:SPD) Business Description

Traded in Other Exchanges
Address
34 King Street East, Suite 1200, Toronto, ON, CAN, M5C 2X8
Silver Predator Corp is a mining exploration company with properties in the western United States. The company owns the Copper King project, located in the eastern portion of the famous Coeur d' Alene Silver District near Mullan, ID, the Taylor silver project near Ely, NV, and the Cordero, Cornucopia, and Treasure Hill properties in Nevada. It operates in a single segment, which is the exploration and development of resource properties.

Silver Predator (TSXV:SPD) Headlines

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