CEXPF (Cache Exploration) Asset Turnover: 0.00 (As of Dec. 2020)


What is Cache Exploration Asset Turnover?

Cache Exploration CEXPF -99.00% Asset Turnover is 0.00 as of Dec. 2020.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Cache Exploration's Revenue for the three months ended in Dec. 2020 was $0.00 Mil. Cache Exploration's Total Assets for the quarter that ended in Dec. 2020 was $2.64 Mil. Therefore, Cache Exploration's Asset Turnover for the quarter that ended in Dec. 2020 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Cache Exploration's annualized ROE % for the quarter that ended in Dec. 2020 was -188.09%. It is also linked to ROA % through Du Pont Formula. Cache Exploration's annualized ROA % for the quarter that ended in Dec. 2020 was -129.73%.

Cache Exploration  (OTCPK:CEXPF) Asset Turnover Explanation

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

Cache Exploration's annulized ROE % for the quarter that ended in Dec. 2020 is

ROE %**(Q: Dec. 2020 )
=Net Income/Total Stockholders Equity
=-3.428/1.8225
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.428 / 0)*(0 / 2.6425)*(2.6425/ 1.8225)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.4499
=ROA %*Equity Multiplier
=-129.73 %*1.4499
=-188.09 %

Note: The Net Income data used here is four times the quarterly (Dec. 2020) net income data. The Revenue data used here is four times the quarterly (Dec. 2020) 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:

Cache Exploration's annulized ROA % for the quarter that ended in Dec. 2020 is

ROA %(Q: Dec. 2020 )
=Net Income/Total Assets
=-3.428/2.6425
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.428 / 0)*(0 / 2.6425)
=Net Margin %*Asset Turnover
= %*0
=-129.73 %

Note: The Net Income data used here is four times the quarterly (Dec. 2020) net income data. The Revenue data used here is four times the quarterly (Dec. 2020) 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.

Cache Exploration Asset Turnover Related Terms

Cache Exploration Asset Turnover Historical Data

* Premium members only.

The historical data trend for Cache Exploration'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.

Cache Exploration Asset Turnover Chart

Cache Exploration Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Cache Exploration Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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

Cache Exploration Asset Turnover Competitor Comparison

For the Gold subindustry, Cache Exploration'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.

Cache Exploration Asset Turnover vs Metals & Mining Industry

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

* The bar in red indicates where Cache Exploration's Asset Turnover falls into.


Cache Exploration Asset Turnover Calculation

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

Cache Exploration's Asset Turnover for the fiscal year that ended in Sep. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2020 )/( (Total Assets (A: Sep. 2019 )+Total Assets (A: Sep. 2020 ))/ count )
=0/( (1.323+1.937)/ 2 )
=0/1.63
=0.00

Cache Exploration's Asset Turnover for the quarter that ended in Dec. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2020 )/( (Total Assets (Q: Sep. 2020 )+Total Assets (Q: Dec. 2020 ))/ count )
=0/( (1.937+3.348)/ 2 )
=0/2.6425
=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?
Cache Exploration (CEXPF) has a Asset Turnover of 0.00 as of Dec. 2020. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Cache Exploration and its competitors.
Is Cache Exploration's Asset Turnover too high?
Cache Exploration's current Asset Turnover is 0.00.
How does Cache Exploration's Asset Turnover compare to competitors?
Cache Exploration'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 Cache Exploration and its competitors. Cache Exploration'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 Cache Exploration stock overvalued right now?
Cache Exploration (CEXPF) 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 Cache Exploration (CEXPF), the current Asset Turnover is 0.00 as of Dec. 2020. 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.

Cache Exploration Business Description

Address 213 - 333 Terminal Avenue, Vancouver, BC, CAN, V6A 4C1
Cache Exploration Inc is a gold focused company that holds and operates the Kiyuk Lake Property which covers 590km2 in SW Nunavut: the project features number of gold bearing prospects including 2017 identification of 8m of 26.4 g/t gold at the Rusty Zone and extensive mineralization at East Gold Point with 64 m at 1.5 g/t gold and 10 m at 6.5 g/t gold.