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United States Antimony (United States Antimony) Asset Turnover : 0.06 (As of Dec. 2023)


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What is United States Antimony Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. United States Antimony's Revenue for the three months ended in Dec. 2023 was $1.67 Mil. United States Antimony's Total Assets for the quarter that ended in Dec. 2023 was $29.51 Mil. Therefore, United States Antimony's Asset Turnover for the quarter that ended in Dec. 2023 was 0.06.

Asset Turnover is linked to ROE % through Du Pont Formula. United States Antimony's annualized ROE % for the quarter that ended in Dec. 2023 was -52.16%. It is also linked to ROA % through Du Pont Formula. United States Antimony's annualized ROA % for the quarter that ended in Dec. 2023 was -48.25%.


United States Antimony Asset Turnover Historical Data

The historical data trend for United States Antimony'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.

United States Antimony Asset Turnover Chart

United States Antimony Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.39 0.32 0.32 0.28

United States Antimony Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.07 0.08 0.07 0.06

Competitive Comparison of United States Antimony's Asset Turnover

For the Other Industrial Metals & Mining subindustry, United States Antimony'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.


United States Antimony's Asset Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where United States Antimony's Asset Turnover falls into.



United States Antimony Asset Turnover Calculation

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

United States Antimony'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 )
=8.693/( (34.7+28.095)/ 2 )
=8.693/31.3975
=0.28

United States Antimony'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 )
=1.665/( (30.927+28.095)/ 2 )
=1.665/29.511
=0.06

* 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.


United States Antimony  (AMEX:UAMY) Asset Turnover Explanation

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

United States Antimony's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-14.24/27.301
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-14.24 / 6.66)*(6.66 / 29.511)*(29.511/ 27.301)
=Net Margin %*Asset Turnover*Equity Multiplier
=-213.81 %*0.2257*1.0809
=ROA %*Equity Multiplier
=-48.25 %*1.0809
=-52.16 %

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:

United States Antimony's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-14.24/29.511
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-14.24 / 6.66)*(6.66 / 29.511)
=Net Margin %*Asset Turnover
=-213.81 %*0.2257
=-48.25 %

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.


United States Antimony Asset Turnover Related Terms

Thank you for viewing the detailed overview of United States Antimony's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


United States Antimony (United States Antimony) Business Description

Traded in Other Exchanges
N/A
Address
47 Cox Gulch Road, P.O. Box 643, Thompson Falls, MT, USA, 59873
United States Antimony Corp is a fully integrated mining, transportation, milling, smelting, and selling company. The company has four operating segments: United States Antimony, Mexican antimony, United States zeolite, and Precious metals. Its products and services include antimony; silver; gold; zeolite products; and storage, handling, & packaging services. The company's geographical segments are the United States, Canada, and Mexico, of which the vast majority of its revenue comes from the United States.
Executives
Lloyd Bardswich director 571 CEDAR HILLS ROAD, WHITEHALL MT 59759
Gary C Evans director 1048 TEXAN TRAIL, GRAPEVINE TX 76051
Timothy Hasara director 7733 FORSYTH BLVD, CLAYTON MO 63105
John C. Gustavsen officer: Interim CEO PO BOX 876, THOMPSON FALLS MT 59873
Daniel Lyle Parks officer: Chief Financial Officer PO BOX 2525, 538 BIG HORN DRIVE, THOMPSON FALLS MT 59873
Kenneth M Reed 10 percent owner 328 ADAMS STREET, MILTON MA 02186
Craig W Thomas director 2100 CRESCENT AVENUE, CHARLOTTE NC 28207
Whitney H. Ferer director 2910 NORTH 9TH ST., CARTER LAKE IA 51510
Jeffrey D. Wright director 9036 NE 28TH ST., CLYDE HILL WA 98004
John C Lawrence director, officer: President 4946 ROUTE 200, THOMPSON FALLS MT 59873
Bernard John Guarnera director 9213 LAS MANAITAS AVENUE, SUITE 401, LAS VEGAS NV 89144
Patrick W Dugan 10 percent owner 1415 LOUISIANA SUITE 3100, HOUSTON TX 77002
Lydia Dugan 10 percent owner 1415 LOUISIANA, SUITE 3100, HOUSTON TX 77002
Russ C Lawrence director 1500 JOHNSON ROAD, DEARY ID 83823
Gary D Babbitt director 7709 WEST PRINCE ST., BOISE ID 83714