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AMIX (Autonomix Medical) Asset Turnover : 0.00 (As of Dec. 2024)


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What is Autonomix Medical Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Autonomix Medical's Revenue for the three months ended in Dec. 2024 was $0.00 Mil. Autonomix Medical's Total Assets for the quarter that ended in Dec. 2024 was $8.66 Mil. Therefore, Autonomix Medical's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Autonomix Medical's annualized ROE % for the quarter that ended in Dec. 2024 was -170.37%. It is also linked to ROA % through Du Pont Formula. Autonomix Medical's annualized ROA % for the quarter that ended in Dec. 2024 was -125.24%.


Autonomix Medical Asset Turnover Historical Data

The historical data trend for Autonomix Medical'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.

Autonomix Medical Asset Turnover Chart

Autonomix Medical Annual Data
Trend Mar23 Mar24
Asset Turnover
- -

Autonomix Medical Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Asset Turnover Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Autonomix Medical's Asset Turnover

For the Medical Devices subindustry, Autonomix Medical'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.


Autonomix Medical's Asset Turnover Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Autonomix Medical's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Autonomix Medical's Asset Turnover falls into.


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Autonomix Medical Asset Turnover Calculation

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

Autonomix Medical's Asset Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=0/( (0.865+9.407)/ 2 )
=0/5.136
=0.00

Autonomix Medical's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=0/( (5.371+11.952)/ 2 )
=0/8.6615
=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.


Autonomix Medical  (NAS:AMIX) Asset Turnover Explanation

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

Autonomix Medical's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-10.848/6.3675
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-10.848 / 0)*(0 / 8.6615)*(8.6615/ 6.3675)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.3603
=ROA %*Equity Multiplier
=-125.24 %*1.3603
=-170.37 %

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

Autonomix Medical's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-10.848/8.6615
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-10.848 / 0)*(0 / 8.6615)
=Net Margin %*Asset Turnover
= %*0
=-125.24 %

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


Autonomix Medical Asset Turnover Related Terms

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Autonomix Medical Business Description

Traded in Other Exchanges
N/A
Address
21 Waterway Avenue, Suite 300, Woodlands, TX, USA, 77380
Autonomix Medical Inc is a development-stage medical device development company focused on advancing innovative technologies for sensing and treating disorders relating to the nervous system. Its first-in-class technology platform includes a catheter-based microchip-enabled array that can detect and differentiate neural signals with a high degree of sensitivity as demonstrated in animal studies.

Autonomix Medical Headlines

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