Tanami Gold NL (ASX:TAM) Asset Turnover: 0.00 (As of Dec. 2025)


What is Tanami Gold NL Asset Turnover?

Tanami Gold NL ASX:TAM Asset Turnover is 0.00 as of Dec. 2025. The stock has 1 warning sign investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Tanami Gold NL's Revenue for the six months ended in Dec. 2025 was A$0.00 Mil. Tanami Gold NL's Total Assets for the quarter that ended in Dec. 2025 was A$47.80 Mil. Therefore, Tanami Gold NL's Asset Turnover for the quarter that ended in Dec. 2025 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Tanami Gold NL's annualized ROE % for the quarter that ended in Dec. 2025 was -13.95%. It is also linked to ROA % through Du Pont Formula. Tanami Gold NL's annualized ROA % for the quarter that ended in Dec. 2025 was -12.39%.

Tanami Gold NL  (ASX:TAM) Asset Turnover Explanation

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

Tanami Gold NL's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-5.924/42.4565
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-5.924 / 0)*(0 / 47.8)*(47.8/ 42.4565)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.1259
=ROA %*Equity Multiplier
=-12.39 %*1.1259
=-13.95 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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:

Tanami Gold NL's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-5.924/47.8
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-5.924 / 0)*(0 / 47.8)
=Net Margin %*Asset Turnover
= %*0
=-12.39 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.

Tanami Gold NL Asset Turnover Related Terms

Tanami Gold NL Asset Turnover Historical Data

* Premium members only.

The historical data trend for Tanami Gold NL'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.

Tanami Gold NL Asset Turnover Chart

Tanami Gold NL Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Tanami Gold NL Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 0.00 0.00 0.00

ASX:TAM vs NEM, AU: Asset Turnover Comparison

For the Gold subindustry, Tanami Gold NL'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.

Tanami Gold NL Asset Turnover vs Metals & Mining Industry

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

* The bar in red indicates where Tanami Gold NL's Asset Turnover falls into.


Tanami Gold NL Asset Turnover Calculation

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

Tanami Gold NL's Asset Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2025 )/( (Total Assets (A: Jun. 2024 )+Total Assets (A: Jun. 2025 ))/ count )
=0/( (51.729+48.072)/ 2 )
=0/49.9005
=0.00

Tanami Gold NL's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=0/( (48.072+47.528)/ 2 )
=0/47.8
=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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.00 mean?
Tanami Gold NL (ASX:TAM) has a Asset Turnover of 0.00 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Tanami Gold NL and its competitors.
Is Tanami Gold NL's Asset Turnover too high?
Tanami Gold NL's current Asset Turnover is 0.00.
How does Tanami Gold NL's Asset Turnover compare to NEM and AU?
Tanami Gold NL's Asset Turnover of 0.00 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Metals & Mining company?
A good Asset Turnover depends on the Metals & Mining industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Tanami Gold NL and its competitors. Tanami Gold NL's current Asset Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tanami Gold NL stock overvalued right now?
Tanami Gold NL (ASX:TAM) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Tanami Gold NL (ASX:TAM), the current Asset Turnover is 0.00 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tanami Gold NL Business Description

Address 39 Mends Street, Unit 202, Level 2, Echelon, South Perth, Perth, WA, AUS, 6151
Tanami Gold NL is a mineral exploration company that is engaged in gold mining operations. Its principal activity is to develop the Central Tanami Project Joint Venture (CTPJV) in the Northern Territory with Northern Star Resources Limited (Northern Star).