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Brookmount Explorations (Brookmount Explorations) Asset Turnover : 0.00 (As of Nov. 2009)


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What is Brookmount Explorations Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Brookmount Explorations's Revenue for the six months ended in Nov. 2009 was $0.00 Mil. Brookmount Explorations's Total Assets for the quarter that ended in Nov. 2009 was $0.02 Mil. Therefore, Brookmount Explorations's Asset Turnover for the quarter that ended in Nov. 2009 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Brookmount Explorations's annualized ROE % for the quarter that ended in Nov. 2009 was 107.89%. It is also linked to ROA % through Du Pont Formula. Brookmount Explorations's annualized ROA % for the quarter that ended in Nov. 2009 was -4,436.36%.


Brookmount Explorations Asset Turnover Historical Data

The historical data trend for Brookmount Explorations'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.

Brookmount Explorations Asset Turnover Chart

Brookmount Explorations Annual Data
Trend Nov03 Nov04 Nov05 Nov06 Nov07 Nov08 Nov09
Asset Turnover
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Brookmount Explorations Semi-Annual Data
Nov03 Nov04 Nov05 Nov06 Nov07 Nov08 Nov09
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Competitive Comparison of Brookmount Explorations's Asset Turnover

For the Gold subindustry, Brookmount Explorations'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.


Brookmount Explorations's Asset Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Brookmount Explorations's Asset Turnover falls into.



Brookmount Explorations Asset Turnover Calculation

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

Brookmount Explorations's Asset Turnover for the fiscal year that ended in Nov. 2009 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Nov. 2009 )/( (Total Assets (A: Nov. 2008 )+Total Assets (A: Nov. 2009 ))/ count )
=0/( (0.011+0.022)/ 2 )
=0/0.0165
=0.00

Brookmount Explorations's Asset Turnover for the quarter that ended in Nov. 2009 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Nov. 2009 )/( (Total Assets (Q: Nov. 2008 )+Total Assets (Q: Nov. 2009 ))/ count )
=0/( (0.011+0.022)/ 2 )
=0/0.0165
=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.


Brookmount Explorations  (OTCPK:BMXI) Asset Turnover Explanation

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

Brookmount Explorations's annulized ROE % for the quarter that ended in Nov. 2009 is

ROE %**(Q: Nov. 2009 )
=Net Income/Total Stockholders Equity
=-0.732/-0.6785
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.732 / 0)*(0 / 0.0165)*(0.0165/ -0.6785)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.0243
=ROA %*Equity Multiplier
=-4,436.36 %*-0.0243
=107.89 %

Note: The Net Income data used here is two times the semi-annual (Nov. 2009) net income data. The Revenue data used here is two times the semi-annual (Nov. 2009) 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:

Brookmount Explorations's annulized ROA % for the quarter that ended in Nov. 2009 is

ROA %(Q: Nov. 2009 )
=Net Income/Total Assets
=-0.732/0.0165
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.732 / 0)*(0 / 0.0165)
=Net Margin %*Asset Turnover
= %*0
=-4,436.36 %

Note: The Net Income data used here is two times the semi-annual (Nov. 2009) net income data. The Revenue data used here is two times the semi-annual (Nov. 2009) 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.


Brookmount Explorations Asset Turnover Related Terms

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Brookmount Explorations (Brookmount Explorations) Business Description

Traded in Other Exchanges
N/A
Address
1 East Liberty, Suite 600, Reno, NV, USA, 89501
Brookmount Explorations is a United States based operator of producing gold properties in the Republic of Indonesia. It operates two gold producing properties in volcanic hosted sediment within the tropical rain forest region of Sulawesi Province in north east Indonesia.
Executives
Vic Stilwell director 16 DOUGLAS WOODS PARK S.E., CALGARY A0 T2Z 2K6
David Dadon director, 10 percent owner, officer: Chairman & Secretary 717 JERVIS STREET SUITE 2402, VANCOUVER A1 V6E 4N5