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Barton Gold Holdings (ASX:BGD) Asset Turnover : 0.00 (As of Dec. 2023)


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What is Barton Gold Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Barton Gold Holdings's Revenue for the six months ended in Dec. 2023 was A$0.00 Mil. Barton Gold Holdings's Total Assets for the quarter that ended in Dec. 2023 was A$22.50 Mil. Therefore, Barton Gold Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Barton Gold Holdings's annualized ROE % for the quarter that ended in Dec. 2023 was -179.31%. It is also linked to ROA % through Du Pont Formula. Barton Gold Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -52.36%.


Barton Gold Holdings Asset Turnover Historical Data

The historical data trend for Barton Gold Holdings'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.

Barton Gold Holdings Asset Turnover Chart

Barton Gold Holdings Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Asset Turnover
- - - -

Barton Gold Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Asset Turnover Get a 7-Day Free Trial - - - - -

Competitive Comparison of Barton Gold Holdings's Asset Turnover

For the Gold subindustry, Barton Gold Holdings'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.


Barton Gold Holdings's Asset Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Barton Gold Holdings's Asset Turnover falls into.



Barton Gold Holdings Asset Turnover Calculation

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

Barton Gold Holdings's Asset Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=0/( (25.933+25.093)/ 2 )
=0/25.513
=0.00

Barton Gold Holdings'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: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (25.093+19.9)/ 2 )
=0/22.4965
=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.


Barton Gold Holdings  (ASX:BGD) Asset Turnover Explanation

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

Barton Gold Holdings's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-11.78/6.5695
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-11.78 / 0)*(0 / 22.4965)*(22.4965/ 6.5695)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*3.4244
=ROA %*Equity Multiplier
=-52.36 %*3.4244
=-179.31 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (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:

Barton Gold Holdings's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-11.78/22.4965
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-11.78 / 0)*(0 / 22.4965)
=Net Margin %*Asset Turnover
= %*0
=-52.36 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (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.


Barton Gold Holdings Asset Turnover Related Terms

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Barton Gold Holdings Business Description

Traded in Other Exchanges
Address
12 Gilles Street, Level 4, Adelaide, SA, AUS, 5000
Barton Gold Holdings Ltd is a mineral exploration company. Its projects comprise Tarcoola, Tunkillia and Challenger, among others. The company operates in one operating segment, being exploration in Australia.

Barton Gold Holdings Headlines

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