Damon (DMNID) Asset Turnover: 0.03 (As of Sep. 2025)


What is Damon Asset Turnover?

Damon DMNID -17.14% Asset Turnover is 0.03 as of Sep. 2025. The stock has 2 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Damon's Revenue for the three months ended in Sep. 2025 was $0.08 Mil. Damon's Total Assets for the quarter that ended in Sep. 2025 was $2.95 Mil. Therefore, Damon's Asset Turnover for the quarter that ended in Sep. 2025 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Damon's annualized ROE % for the quarter that ended in Sep. 2025 was 114.53%. It is also linked to ROA % through Du Pont Formula. Damon's annualized ROA % for the quarter that ended in Sep. 2025 was -447.80%.

Damon  (OTCPK:DMNID) Asset Turnover Explanation

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

Damon's annulized ROE % for the quarter that ended in Sep. 2025 is

ROE %**(Q: Sep. 2025 )
=Net Income/Total Stockholders Equity
=-13.208/-11.532
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-13.208 / 0.324)*(0.324 / 2.9495)*(2.9495/ -11.532)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4076.54 %*0.1098*-0.2558
=ROA %*Equity Multiplier
=-447.80 %*-0.2558
=114.53 %

Note: The Net Income data used here is four times the quarterly (Sep. 2025) net income data. The Revenue data used here is four times the quarterly (Sep. 2025) 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:

Damon's annulized ROA % for the quarter that ended in Sep. 2025 is

ROA %(Q: Sep. 2025 )
=Net Income/Total Assets
=-13.208/2.9495
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-13.208 / 0.324)*(0.324 / 2.9495)
=Net Margin %*Asset Turnover
=-4076.54 %*0.1098
=-447.80 %

Note: The Net Income data used here is four times the quarterly (Sep. 2025) net income data. The Revenue data used here is four times the quarterly (Sep. 2025) 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.

Damon Asset Turnover Related Terms

Damon Asset Turnover Historical Data

* Premium members only.

The historical data trend for Damon'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.

Damon Asset Turnover Chart

Damon Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Asset Turnover
0.00 0.00 0.00 0.00 0.08

Damon Quarterly Data
Jun22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.01 0.01 0.01 0.03

DMNID vs ZAPPF, SVUHF, BINI: Asset Turnover Comparison

For the Auto Manufacturers subindustry, Damon'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.

Damon Asset Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Damon's Asset Turnover distribution charts can be found below:

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


Damon Asset Turnover Calculation

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

Damon's Asset Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2025 )/( (Total Assets (A: Jun. 2024 )+Total Assets (A: Jun. 2025 ))/ count )
=0.223/( (1.751+4.083)/ 2 )
=0.223/2.917
=0.08

Damon's Asset Turnover for the quarter that ended in Sep. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Sep. 2025 ))/ count )
=0.081/( (4.083+1.816)/ 2 )
=0.081/2.9495
=0.03

* 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 0.03 mean?
Damon (DMNID) has a Asset Turnover of 0.03 as of Sep. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Damon and its competitors.
Is Damon's Asset Turnover too high?
Damon's current Asset Turnover is 0.03.
How does Damon's Asset Turnover compare to ZAPPF and SVUHF?
Damon's Asset Turnover of 0.03 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Asset Turnover depends on the Vehicles & Parts 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 Damon and its competitors. Damon's current Asset Turnover is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Damon stock overvalued right now?
Damon (DMNID) has a current Asset Turnover of 0.03. The current Asset Turnover is 0.03. 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 Damon (DMNID), the current Asset Turnover is 0.03 as of Sep. 2025. 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.

Damon Business Description

Address 4601 Canada Way, Suite 402, Burnaby, BC, CAN, V5G 4X7
Damon Inc is a motorcycle manufacturing company that aims to revolutionize the motorcycle industry by building a smart and technologically advanced motorcycle. Damon is developing technology and investing in capabilities to lead the transformation of the high-performance electric motorcycle market. It is introducing existing enthusiasts to high-performance electric products while attracting new riders to the motorcycle community with first-of-its-kind advances in zero-emissions motorcycle performance, safety, connectivity, and AI.