GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ceylon Graphite Corp (OTCPK:CYLYF) » Definitions » Asset Turnover

Ceylon Graphite (Ceylon Graphite) Asset Turnover : 0.00 (As of Sep. 2022)


View and export this data going back to 1986. Start your Free Trial

What is Ceylon Graphite Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Ceylon Graphite's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Ceylon Graphite's Total Assets for the quarter that ended in Sep. 2022 was $4.53 Mil. Therefore, Ceylon Graphite's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Ceylon Graphite's annualized ROE % for the quarter that ended in Sep. 2022 was -102.67%. It is also linked to ROA % through Du Pont Formula. Ceylon Graphite's annualized ROA % for the quarter that ended in Sep. 2022 was -40.22%.


Ceylon Graphite Asset Turnover Historical Data

The historical data trend for Ceylon Graphite'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.

Ceylon Graphite Asset Turnover Chart

Ceylon Graphite Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Ceylon Graphite 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 - - - - -

Competitive Comparison of Ceylon Graphite's Asset Turnover

For the Other Industrial Metals & Mining subindustry, Ceylon Graphite'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.


Ceylon Graphite's Asset Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Ceylon Graphite's Asset Turnover falls into.



Ceylon Graphite Asset Turnover Calculation

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

Ceylon Graphite's Asset Turnover for the fiscal year that ended in Mar. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2022 )/( (Total Assets (A: Mar. 2021 )+Total Assets (A: Mar. 2022 ))/ count )
=0/( (4.532+3.15)/ 2 )
=0/3.841
=0.00

Ceylon Graphite'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/( (4.818+4.251)/ 2 )
=0/4.5345
=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.


Ceylon Graphite  (OTCPK:CYLYF) Asset Turnover Explanation

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

Ceylon Graphite's annulized ROE % for the quarter that ended in Sep. 2022 is

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=-1.824/1.7765
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.824 / 0)*(0 / 4.5345)*(4.5345/ 1.7765)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*2.5525
=ROA %*Equity Multiplier
=-40.22 %*2.5525
=-102.67 %

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:

Ceylon Graphite's annulized ROA % for the quarter that ended in Sep. 2022 is

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=-1.824/4.5345
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.824 / 0)*(0 / 4.5345)
=Net Margin %*Asset Turnover
= %*0
=-40.22 %

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.


Ceylon Graphite Asset Turnover Related Terms

Thank you for viewing the detailed overview of Ceylon Graphite's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Ceylon Graphite (Ceylon Graphite) Business Description

Traded in Other Exchanges
N/A
Address
1100-1111 Melville Street, Vancouver, BC, CAN, V6E 3V6
Ceylon Graphite Corp is a graphite mining company. It is engaged in the exploration and production of high-grade graphite. The company owns the K1 production site and several other sites advancing towards production including M1, N1 and H1.