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Metallic Minerals (FRA:9MM1) Asset Turnover : 0.00 (As of Jan. 2024)


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What is Metallic Minerals Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Metallic Minerals's Revenue for the three months ended in Jan. 2024 was €0.00 Mil. Metallic Minerals's Total Assets for the quarter that ended in Jan. 2024 was €5.63 Mil. Therefore, Metallic Minerals's Asset Turnover for the quarter that ended in Jan. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Metallic Minerals's annualized ROE % for the quarter that ended in Jan. 2024 was -70.68%. It is also linked to ROA % through Du Pont Formula. Metallic Minerals's annualized ROA % for the quarter that ended in Jan. 2024 was -66.75%.


Metallic Minerals Asset Turnover Historical Data

The historical data trend for Metallic Minerals'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.

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Metallic Minerals Asset Turnover Chart

Metallic Minerals Annual Data
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Asset Turnover
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Metallic Minerals Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Oct23 Jan24
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Competitive Comparison of Metallic Minerals's Asset Turnover

For the Other Precious Metals & Mining subindustry, Metallic Minerals'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.


Metallic Minerals's Asset Turnover Distribution in the Metals & Mining Industry

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

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



Metallic Minerals Asset Turnover Calculation

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

Metallic Minerals's Asset Turnover for the fiscal year that ended in Jul. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jul. 2022 )/( (Total Assets (A: Jul. 2021 )+Total Assets (A: Jul. 2022 ))/ count )
=0/( (5.656+6.918)/ 2 )
=0/6.287
=0.00

Metallic Minerals's Asset Turnover for the quarter that ended in Jan. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=0/( (5.979+5.287)/ 2 )
=0/5.633
=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.


Metallic Minerals  (FRA:9MM1) Asset Turnover Explanation

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

Metallic Minerals's annulized ROE % for the quarter that ended in Jan. 2024 is

ROE %**(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=-3.76/5.3195
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.76 / 0)*(0 / 5.633)*(5.633/ 5.3195)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0589
=ROA %*Equity Multiplier
=-66.75 %*1.0589
=-70.68 %

Note: The Net Income data used here is four times the quarterly (Jan. 2024) net income data. The Revenue data used here is four times the quarterly (Jan. 2024) 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:

Metallic Minerals's annulized ROA % for the quarter that ended in Jan. 2024 is

ROA %(Q: Jan. 2024 )
=Net Income/Total Assets
=-3.76/5.633
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.76 / 0)*(0 / 5.633)
=Net Margin %*Asset Turnover
= %*0
=-66.75 %

Note: The Net Income data used here is four times the quarterly (Jan. 2024) net income data. The Revenue data used here is four times the quarterly (Jan. 2024) 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.


Metallic Minerals Asset Turnover Related Terms

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Metallic Minerals (FRA:9MM1) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 904, Vancouver, BC, CAN, V6C 1T2
Metallic Minerals Corp is an exploration company focused on the acquisition and development of high-grade silver and gold projects. It seeks to create value through a disciplined, systematic approach to exploration, reducing investment risk and maximizing the probability of long-term success. Metallic's core Keno Silver Project is located in the historic Keno Hill Silver District of Canada's Yukon Territory, a region that has produced over 200 million ounces of silver. The company's La Plata silver-gold-copper project is located in the high-grade La Plata district of the prolific Colorado Mineral Belt and its McKay Hill project northeast of Keno Hill is a high-grade historic silver-gold producer. The company is building a portfolio of gold royalties in the historic Klondike Gold District.

Metallic Minerals (FRA:9MM1) Headlines

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