AURQF (Aurelius Minerals) Asset Turnover: 0.00 (As of Sep. 2022)

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What is Aurelius Minerals Asset Turnover?

Aurelius Minerals AURQF +50.00% Asset Turnover is 0.00 as of Sep. 2022.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Aurelius Minerals's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Aurelius Minerals's Total Assets for the quarter that ended in Sep. 2022 was $3.84 Mil. Therefore, Aurelius Minerals's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Aurelius Minerals's annualized ROE % for the quarter that ended in Sep. 2022 was -204.57%. It is also linked to ROA % through Du Pont Formula. Aurelius Minerals's annualized ROA % for the quarter that ended in Sep. 2022 was -78.05%.


Aurelius Minerals  (OTCPK:AURQF) Asset Turnover Explanation

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

Aurelius Minerals's annulized ROE % for the quarter that ended in Sep. 2022 is

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=-2.996/1.4645
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.996 / 0)*(0 / 3.8385)*(3.8385/ 1.4645)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*2.621
=ROA %*Equity Multiplier
=-78.05 %*2.621
=-204.57 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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:

Aurelius Minerals's annulized ROA % for the quarter that ended in Sep. 2022 is

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=-2.996/3.8385
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.996 / 0)*(0 / 3.8385)
=Net Margin %*Asset Turnover
= %*0
=-78.05 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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.


Aurelius Minerals Asset Turnover Related Terms


Aurelius Minerals Asset Turnover Historical Data

* Premium members only.

The historical data trend for Aurelius Minerals'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.

Aurelius Minerals Asset Turnover Chart

Aurelius Minerals Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Aurelius Minerals Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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

AURQF vs NEM: Asset Turnover Comparison

For the Gold subindustry, Aurelius Minerals'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.


Aurelius Minerals Asset Turnover vs Metals & Mining Industry

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

* The bar in red indicates where Aurelius Minerals's Asset Turnover falls into.



Aurelius Minerals Asset Turnover Calculation

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

Aurelius Minerals's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=0/( (6.404+5.208)/ 2 )
=0/5.806
=0.00

Aurelius Minerals's Asset Turnover for the quarter that ended in Sep. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=0/( (4.079+3.598)/ 2 )
=0/3.8385
=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?
Aurelius Minerals (AURQF) has a Asset Turnover of 0.00 as of Sep. 2022. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Aurelius Minerals and its competitors.
Is Aurelius Minerals' Asset Turnover too high?
Aurelius Minerals' current Asset Turnover is 0.00.
How does Aurelius Minerals' Asset Turnover compare to NEM?
Aurelius Minerals' 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 Aurelius Minerals and its competitors. Aurelius Minerals'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 Aurelius Minerals stock overvalued right now?
Aurelius Minerals (AURQF) 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 Aurelius Minerals (AURQF), the current Asset Turnover is 0.00 as of Sep. 2022. 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.

Aurelius Minerals Business Description

Address 110 Yonge Street, Suite 1900, Toronto, ON, CAN, M5C 1T4
Aurelius Minerals Inc is a gold exploration company which holds the Aureus Gold Properties, including Aureus East and West and the Forest Hill Gold Project located in Nova Scotia. The company also holds a gold project in the Abitibi Greenstone Belt in Ontario, Canada; the 968- hectare Mikwam Property, in the Burntbush area on the Casa Berardi trend.