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International Graphite (ASX:IG6) Asset Turnover : 0.00 (As of Dec. 2024)


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What is International Graphite Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. International Graphite's Revenue for the six months ended in Dec. 2024 was A$0.01 Mil. International Graphite's Total Assets for the quarter that ended in Dec. 2024 was A$18.97 Mil. Therefore, International Graphite's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. International Graphite's annualized ROE % for the quarter that ended in Dec. 2024 was -20.21%. It is also linked to ROA % through Du Pont Formula. International Graphite's annualized ROA % for the quarter that ended in Dec. 2024 was -16.20%.


International Graphite Asset Turnover Historical Data

The historical data trend for International Graphite'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.

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International Graphite Asset Turnover Chart

International Graphite Annual Data
Trend Jun22 Jun23 Jun24
Asset Turnover
- - -

International Graphite Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Asset Turnover Get a 7-Day Free Trial - - - - -

Competitive Comparison of International Graphite's Asset Turnover

For the Other Industrial Metals & Mining subindustry, International Graphite'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.


International Graphite's Asset Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where International Graphite's Asset Turnover falls into.


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International Graphite Asset Turnover Calculation

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

International Graphite's Asset Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2024 )/( (Total Assets (A: Jun. 2023 )+Total Assets (A: Jun. 2024 ))/ count )
=0/( (18.095+19.634)/ 2 )
=0/18.8645
=0.00

International Graphite'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: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=0.009/( (19.634+18.306)/ 2 )
=0.009/18.97
=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.


International Graphite  (ASX:IG6) Asset Turnover Explanation

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

International Graphite's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-3.074/15.211
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.074 / 0.018)*(0.018 / 18.97)*(18.97/ 15.211)
=Net Margin %*Asset Turnover*Equity Multiplier
=-17077.78 %*0.0009*1.2471
=ROA %*Equity Multiplier
=-16.20 %*1.2471
=-20.21 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (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:

International Graphite's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-3.074/18.97
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.074 / 0.018)*(0.018 / 18.97)
=Net Margin %*Asset Turnover
=-17077.78 %*0.0009
=-16.20 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (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.


International Graphite Asset Turnover Related Terms

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International Graphite Business Description

Traded in Other Exchanges
Address
333 Charles Street, Level 1, North Perth, Perth, WA, AUS, 6006
International Graphite Ltd is engaged in the processing, treatment, and production of graphite. The company intends to develop a downstream graphite processing business to treat mined graphite concentrates and produce finished graphite products for specialised industrial applications and Battery Anode Material (BAM) to meet the projected global of lithium-ion batteries. Western Australia is developing a battery hub in the southwest of the state to feed the growing international battery demand. The company plans to be an integral part of this battery commodity supply chain in Western Australia and internationally.

International Graphite Headlines

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