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Uranium Energy (Uranium Energy) Asset Turnover : 0.00 (As of Jan. 2024)


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What is Uranium Energy Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Uranium Energy's Revenue for the three months ended in Jan. 2024 was $0.12 Mil. Uranium Energy's Total Assets for the quarter that ended in Jan. 2024 was $838.50 Mil. Therefore, Uranium Energy's Asset Turnover for the quarter that ended in Jan. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Uranium Energy's annualized ROE % for the quarter that ended in Jan. 2024 was 1.24%. It is also linked to ROA % through Du Pont Formula. Uranium Energy's annualized ROA % for the quarter that ended in Jan. 2024 was 1.07%.


Uranium Energy Asset Turnover Historical Data

The historical data trend for Uranium Energy'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.

Uranium Energy Asset Turnover Chart

Uranium Energy Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.09 0.30

Uranium Energy Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.07 0.03 0.05 - -

Competitive Comparison of Uranium Energy's Asset Turnover

For the Uranium subindustry, Uranium Energy'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.


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

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

* The bar in red indicates where Uranium Energy's Asset Turnover falls into.



Uranium Energy Asset Turnover Calculation

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

Uranium Energy's Asset Turnover for the fiscal year that ended in Jul. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jul. 2023 )/( (Total Assets (A: Jul. 2022 )+Total Assets (A: Jul. 2023 ))/ count )
=164.389/( (354.247+737.589)/ 2 )
=164.389/545.918
=0.30

Uranium Energy's Asset Turnover for the quarter that ended in Jan. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=0.116/( (798.129+878.878)/ 2 )
=0.116/838.5035
=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.


Uranium Energy  (AMEX:UEC) Asset Turnover Explanation

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

Uranium Energy's annulized ROE % for the quarter that ended in Jan. 2024 is

ROE %**(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=9/725.6775
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(9 / 0.464)*(0.464 / 838.5035)*(838.5035/ 725.6775)
=Net Margin %*Asset Turnover*Equity Multiplier
=1939.66 %*0.0006*1.1555
=ROA %*Equity Multiplier
=1.07 %*1.1555
=1.24 %

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

Uranium Energy's annulized ROA % for the quarter that ended in Jan. 2024 is

ROA %(Q: Jan. 2024 )
=Net Income/Total Assets
=9/838.5035
=(Net Income / Revenue)*(Revenue / Total Assets)
=(9 / 0.464)*(0.464 / 838.5035)
=Net Margin %*Asset Turnover
=1939.66 %*0.0006
=1.07 %

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


Uranium Energy Asset Turnover Related Terms

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


Uranium Energy (Uranium Energy) Business Description

Traded in Other Exchanges
Address
500 North Shoreline Boulevard, Suite 800N, Corpus Christi, TX, USA, 78401
Uranium Energy Corp is engaged in uranium mining and related activities. The company is working towards fueling the global demand for carbon-free nuclear energy, a key solution to climate change, and energy source for the low-carbon future. UEC is a pure-play uranium company and is advancing its next generation of low-cost, environmentally friendly, in-situ recovery (ISR) mining uranium projects. It has two extraction-ready ISR hub and spoke platforms in South Texas and Wyoming. UEC also has seven U.S. ISR uranium projects with all of their major permits in place, with additional diversified holdings of uranium assets across the U.S., Canada and Paraguay.
Executives
Pat Obara officer: Interim Chief Financial Office 1111 WEST HASTINGS STREET, SUITE 320, VANCOUVER A1 V6E 2J3
Ballesta Moya Gloria L director CII 142 #6-69, TORRE 10-101, BOGOTA F8 110121
Volpe Vincent Della director 32 EVERGREEN DRIVE, LINCOLN PARK NJ 07032
David Kong director 7440 AFTON DRIVE, RICHMOND A1 V7A 1A3
Amir Adnani director, officer: President and CEO 1111 WEST HASTINGS STREET, SUITE 320, VANCOUVER A1 V6E 2J3
Scott Melbye officer: Executive Vice President 618 CLIFFGATE LANE, CASTLE ROCK CO 80108
Spencer Abraham director 600 14TH STREET, NW, SUITE 500, WASHINGTON DC 20005
Trecia M Canty director 1 SYLVAN WAY, 2ND FLOOR, C/O PBF ENERGY INC., PARSIPPANY NJ 07054
Donna Wichers officer: VP of Wyoming Operations 109 TAILGATE LANE, HAMILTON MT 59840
Pacific Road Capital Management G.p. Ltd 10 percent owner 89 NEXUS WAY, CAMANA BAY E9 KY1-9007
Jian Hua Zhang officer: CONTROLLER UNIT 32, 10489 DELSOM CRESCENT, DELTA A1 V4C 0B9
Ganpat Mani director 1249 SARAH CT, HIGHLANDS RANCH CO 80126
Kurrus Andrew William Iii officer: VP Resource Development 2722 WIND ROCK DRIVE, CORPUS CHRISTI TX 78410
Powell Iii Fred Pasco officer: VP of Marketing and Sales 375 BEACH ROAD, #204, JUPITER FL 33469
Mark Katsumata director 14447 BLACKBURN CRESCENT, WHITE ROCK A1 V4B 3A3