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AMG Critical Materials NV (AMG Critical Materials NV) Asset Turnover : 0.19 (As of Dec. 2023)


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What is AMG Critical Materials NV Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. AMG Critical Materials NV's Revenue for the three months ended in Dec. 2023 was $367 Mil. AMG Critical Materials NV's Total Assets for the quarter that ended in Dec. 2023 was $1,956 Mil. Therefore, AMG Critical Materials NV's Asset Turnover for the quarter that ended in Dec. 2023 was 0.19.

Asset Turnover is linked to ROE % through Du Pont Formula. AMG Critical Materials NV's annualized ROE % for the quarter that ended in Dec. 2023 was 1.53%. It is also linked to ROA % through Du Pont Formula. AMG Critical Materials NV's annualized ROA % for the quarter that ended in Dec. 2023 was 0.44%.


AMG Critical Materials NV Asset Turnover Historical Data

The historical data trend for AMG Critical Materials NV'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.

AMG Critical Materials NV Asset Turnover Chart

AMG Critical Materials NV 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 0.85 0.64 0.77 0.92 0.85

AMG Critical Materials NV 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 0.21 0.24 0.22 0.19 0.19

Competitive Comparison of AMG Critical Materials NV's Asset Turnover

For the Other Industrial Metals & Mining subindustry, AMG Critical Materials NV'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.


AMG Critical Materials NV's Asset Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where AMG Critical Materials NV's Asset Turnover falls into.



AMG Critical Materials NV Asset Turnover Calculation

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

AMG Critical Materials NV'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 )
=1625.861/( (1872.635+1962.807)/ 2 )
=1625.861/1917.721
=0.85

AMG Critical Materials NV'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 )
=367.235/( (1949.884+1962.807)/ 2 )
=367.235/1956.3455
=0.19

* 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.


AMG Critical Materials NV  (OTCPK:AMVMF) Asset Turnover Explanation

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

AMG Critical Materials NV's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=8.692/569.0415
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8.692 / 1468.94)*(1468.94 / 1956.3455)*(1956.3455/ 569.0415)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.59 %*0.7509*3.438
=ROA %*Equity Multiplier
=0.44 %*3.438
=1.53 %

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:

AMG Critical Materials NV's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=8.692/1956.3455
=(Net Income / Revenue)*(Revenue / Total Assets)
=(8.692 / 1468.94)*(1468.94 / 1956.3455)
=Net Margin %*Asset Turnover
=0.59 %*0.7509
=0.44 %

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.


AMG Critical Materials NV Asset Turnover Related Terms

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AMG Critical Materials NV (AMG Critical Materials NV) Business Description

Traded in Other Exchanges
Address
WTC Amsterdam, Toren C, Strawinskylaan 1343, 13th Floor, Amsterdam, NH, NLD, 1077 XX
AMG Critical Materials NV produces specialty metals and mineral products and also provides related vacuum furnace systems and services to the transportation, energy, infrastructure, and specialty metals and chemicals. The company operates through three segments namely AMG Clean Energy Materials (CEM), AMG Critical Minerals (CMI), and AMG Critical Materials Technologies (CMT).

AMG Critical Materials NV (AMG Critical Materials NV) Headlines