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Kalamazoo Resources (ASX:KZR) Asset Turnover : 0.00 (As of Dec. 2024)


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What is Kalamazoo Resources Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Kalamazoo Resources's Revenue for the six months ended in Dec. 2024 was A$0.00 Mil. Kalamazoo Resources's Total Assets for the quarter that ended in Dec. 2024 was A$26.39 Mil. Therefore, Kalamazoo Resources's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Kalamazoo Resources's annualized ROE % for the quarter that ended in Dec. 2024 was -25.48%. It is also linked to ROA % through Du Pont Formula. Kalamazoo Resources's annualized ROA % for the quarter that ended in Dec. 2024 was -20.92%.


Kalamazoo Resources Asset Turnover Historical Data

The historical data trend for Kalamazoo Resources'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.

Kalamazoo Resources Asset Turnover Chart

Kalamazoo Resources Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Asset Turnover
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Kalamazoo Resources Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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Competitive Comparison of Kalamazoo Resources's Asset Turnover

For the Gold subindustry, Kalamazoo Resources'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.


Kalamazoo Resources's Asset Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Kalamazoo Resources's Asset Turnover falls into.


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Kalamazoo Resources Asset Turnover Calculation

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

Kalamazoo Resources'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/( (21.326+27.07)/ 2 )
=0/24.198
=0.00

Kalamazoo Resources'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/( (27.07+25.714)/ 2 )
=0/26.392
=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.


Kalamazoo Resources  (ASX:KZR) Asset Turnover Explanation

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

Kalamazoo Resources's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-5.522/21.674
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-5.522 / 0)*(0 / 26.392)*(26.392/ 21.674)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.2177
=ROA %*Equity Multiplier
=-20.92 %*1.2177
=-25.48 %

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:

Kalamazoo Resources's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-5.522/26.392
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-5.522 / 0)*(0 / 26.392)
=Net Margin %*Asset Turnover
= %*0
=-20.92 %

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.


Kalamazoo Resources Asset Turnover Related Terms

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Kalamazoo Resources Business Description

Traded in Other Exchanges
Address
16 Douro Place, West Perth, Perth, WA, AUS, 6005
Kalamazoo Resources Ltd is a gold and copper explorer and developer whose primary focus is on exploring and developing gold projects in Western Australia. Its projects are Castlemaine Gold Project; South Muckleford Gold Project; Pilbara Gold and Base Metal Project; Snake Well Project; Ashburton Gold; Jingellic Lithium Project and Others. Geographically the company only operates in Australia.