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Superior Copper (Superior Copper) Asset Turnover : 0.00 (As of Feb. 2016)


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What is Superior Copper Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Superior Copper's Revenue for the three months ended in Feb. 2016 was $0.00 Mil. Superior Copper's Total Assets for the quarter that ended in Feb. 2016 was $5.51 Mil. Therefore, Superior Copper's Asset Turnover for the quarter that ended in Feb. 2016 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Superior Copper's annualized ROE % for the quarter that ended in Feb. 2016 was -333.75%. It is also linked to ROA % through Du Pont Formula. Superior Copper's annualized ROA % for the quarter that ended in Feb. 2016 was -330.55%.


Superior Copper Asset Turnover Historical Data

The historical data trend for Superior Copper'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.

Superior Copper Asset Turnover Chart

Superior Copper Annual Data
Trend May06 May07 May08 May09 May10 May11 May12 May13 May14 May15
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.15 - - - -

Superior Copper Quarterly Data
May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16
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 - - - - -

Competitive Comparison of Superior Copper's Asset Turnover

For the Other Industrial Metals & Mining subindustry, Superior Copper'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.


Superior Copper's Asset Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Superior Copper's Asset Turnover falls into.



Superior Copper Asset Turnover Calculation

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

Superior Copper's Asset Turnover for the fiscal year that ended in May. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: May. 2015 )/( (Total Assets (A: May. 2014 )+Total Assets (A: May. 2015 ))/ count )
=0/( (6.876+8.845)/ 2 )
=0/7.8605
=0.00

Superior Copper's Asset Turnover for the quarter that ended in Feb. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Feb. 2016 )/( (Total Assets (Q: Nov. 2015 )+Total Assets (Q: Feb. 2016 ))/ count )
=0/( (7.963+3.066)/ 2 )
=0/5.5145
=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.


Superior Copper  (OTCPK:CNTGF) Asset Turnover Explanation

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

Superior Copper's annulized ROE % for the quarter that ended in Feb. 2016 is

ROE %**(Q: Feb. 2016 )
=Net Income/Total Stockholders Equity
=-18.228/5.4615
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-18.228 / 0)*(0 / 5.5145)*(5.5145/ 5.4615)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0097
=ROA %*Equity Multiplier
=-330.55 %*1.0097
=-333.75 %

Note: The Net Income data used here is four times the quarterly (Feb. 2016) net income data. The Revenue data used here is four times the quarterly (Feb. 2016) 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:

Superior Copper's annulized ROA % for the quarter that ended in Feb. 2016 is

ROA %(Q: Feb. 2016 )
=Net Income/Total Assets
=-18.228/5.5145
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-18.228 / 0)*(0 / 5.5145)
=Net Margin %*Asset Turnover
= %*0
=-330.55 %

Note: The Net Income data used here is four times the quarterly (Feb. 2016) net income data. The Revenue data used here is four times the quarterly (Feb. 2016) 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.


Superior Copper Asset Turnover Related Terms

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Superior Copper (Superior Copper) Business Description

Traded in Other Exchanges
N/A
Address
Superior Copper Corp was incorporated on January 14, 1993. It is a mineral exploration company focused on emerging and transitional environments and is exploring base metal assets located in Ontario and Quebec. The Company has two focal exploration projects, the Batchawana Copper Property in Ontario and the Rivière Doré Project in Québec.

Superior Copper (Superior Copper) Headlines

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