CHCX (CTGX Mining) Asset Turnover: 0.02 (As of Jan. 2005)


What is CTGX Mining Asset Turnover?

CTGX Mining CHCX Asset Turnover is 0.02 as of Jan. 2005.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. CTGX Mining's Revenue for the three months ended in Jan. 2005 was $0.09 Mil. CTGX Mining's Total Assets for the quarter that ended in Jan. 2005 was $4.81 Mil. Therefore, CTGX Mining's Asset Turnover for the quarter that ended in Jan. 2005 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. CTGX Mining's annualized ROE % for the quarter that ended in Jan. 2005 was -206.52%. It is also linked to ROA % through Du Pont Formula. CTGX Mining's annualized ROA % for the quarter that ended in Jan. 2005 was -169.20%.

CTGX Mining  (OTCPK:CHCX) Asset Turnover Explanation

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

CTGX Mining's annulized ROE % for the quarter that ended in Jan. 2005 is

ROE %**(Q: Jan. 2005 )
=Net Income/Total Stockholders Equity
=-8.14/3.9415
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-8.14 / 0.344)*(0.344 / 4.811)*(4.811/ 3.9415)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2366.28 %*0.0715*1.2206
=ROA %*Equity Multiplier
=-169.20 %*1.2206
=-206.52 %

Note: The Net Income data used here is four times the quarterly (Jan. 2005) net income data. The Revenue data used here is four times the quarterly (Jan. 2005) 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:

CTGX Mining's annulized ROA % for the quarter that ended in Jan. 2005 is

ROA %(Q: Jan. 2005 )
=Net Income/Total Assets
=-8.14/4.811
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-8.14 / 0.344)*(0.344 / 4.811)
=Net Margin %*Asset Turnover
=-2366.28 %*0.0715
=-169.20 %

Note: The Net Income data used here is four times the quarterly (Jan. 2005) net income data. The Revenue data used here is four times the quarterly (Jan. 2005) 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.

CTGX Mining Asset Turnover Related Terms

CTGX Mining Asset Turnover Historical Data

* Premium members only.

The historical data trend for CTGX Mining'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.

CTGX Mining Asset Turnover Chart

CTGX Mining Annual Data
Trend Mar03
Asset Turnover
0.00

CTGX Mining Quarterly Data
Mar03 Jun03 Sep03 Dec03 Mar04 Jul04 Oct04 Jan05
Asset Turnover Get a 7-Day Free Trial 0.00 0.00 0.08 0.08 0.02

CTGX Mining Asset Turnover Competitor Comparison

For the Other Industrial Metals & Mining subindustry, CTGX Mining'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.

CTGX Mining Asset Turnover vs Metals & Mining Industry

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

* The bar in red indicates where CTGX Mining's Asset Turnover falls into.


CTGX Mining Asset Turnover Calculation

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

CTGX Mining's Asset Turnover for the fiscal year that ended in Mar. 2003 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2003 )/( (Total Assets (A: . 20 )+Total Assets (A: Mar. 2003 ))/ count )
=/( (+)/ )
=/
=

CTGX Mining's Asset Turnover for the quarter that ended in Jan. 2005 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2005 )/( (Total Assets (Q: Oct. 2004 )+Total Assets (Q: Jan. 2005 ))/ count )
=0.086/( (5.725+3.897)/ 2 )
=0.086/4.811
=0.02

* 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 0.02 mean?
CTGX Mining (CHCX) has a Asset Turnover of 0.02 as of Jan. 2005. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on CTGX Mining and its competitors.
Is CTGX Mining's Asset Turnover too high?
CTGX Mining's current Asset Turnover is 0.02.
How does CTGX Mining's Asset Turnover compare to competitors?
CTGX Mining's Asset Turnover of 0.02 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 CTGX Mining and its competitors. CTGX Mining's current Asset Turnover is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CTGX Mining stock overvalued right now?
CTGX Mining (CHCX) has a current Asset Turnover of 0.02. The current Asset Turnover is 0.02. 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 CTGX Mining (CHCX), the current Asset Turnover is 0.02 as of Jan. 2005. 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.

CTGX Mining Business Description

Address 1015 G Waterwood Parkway, Suite O-2, Edmund, OK, USA, 73034
CTGX Mining Inc is an international, environmentally sensitive, minerals and resource development company. It holds mining interests in both Mexico and Columbia focused on a large reserve of rare earth elements, gold, silver lithium and other valuable ores.