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Bayfield Ventures (FRA:B4N) Asset Turnover : 0.00 (As of Jul. 2014)


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What is Bayfield Ventures Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Bayfield Ventures's Revenue for the three months ended in Jul. 2014 was €0.00 Mil. Bayfield Ventures's Total Assets for the quarter that ended in Jul. 2014 was €12.70 Mil. Therefore, Bayfield Ventures's Asset Turnover for the quarter that ended in Jul. 2014 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Bayfield Ventures's annualized ROE % for the quarter that ended in Jul. 2014 was -8.32%. It is also linked to ROA % through Du Pont Formula. Bayfield Ventures's annualized ROA % for the quarter that ended in Jul. 2014 was -7.40%.


Bayfield Ventures Asset Turnover Historical Data

The historical data trend for Bayfield Ventures'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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Bayfield Ventures Asset Turnover Chart

Bayfield Ventures Annual Data
Trend Oct04 Oct05 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13
Asset Turnover
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Bayfield Ventures Quarterly Data
Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14
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Competitive Comparison of Bayfield Ventures's Asset Turnover

For the Gold subindustry, Bayfield Ventures'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.


Bayfield Ventures's Asset Turnover Distribution in the Metals & Mining Industry

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

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



Bayfield Ventures Asset Turnover Calculation

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

Bayfield Ventures's Asset Turnover for the fiscal year that ended in Oct. 2013 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Oct. 2013 )/( (Total Assets (A: Oct. 2012 )+Total Assets (A: Oct. 2013 ))/ count )
=0/( (14.666+13.252)/ 2 )
=0/13.959
=0.00

Bayfield Ventures's Asset Turnover for the quarter that ended in Jul. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jul. 2014 )/( (Total Assets (Q: Apr. 2014 )+Total Assets (Q: Jul. 2014 ))/ count )
=0/( (12.233+13.175)/ 2 )
=0/12.704
=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.


Bayfield Ventures  (FRA:B4N) Asset Turnover Explanation

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

Bayfield Ventures's annulized ROE % for the quarter that ended in Jul. 2014 is

ROE %**(Q: Jul. 2014 )
=Net Income/Total Stockholders Equity
=-0.94/11.2935
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.94 / 0)*(0 / 12.704)*(12.704/ 11.2935)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.1249
=ROA %*Equity Multiplier
=-7.40 %*1.1249
=-8.32 %

Note: The Net Income data used here is four times the quarterly (Jul. 2014) net income data. The Revenue data used here is four times the quarterly (Jul. 2014) 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:

Bayfield Ventures's annulized ROA % for the quarter that ended in Jul. 2014 is

ROA %(Q: Jul. 2014 )
=Net Income/Total Assets
=-0.94/12.704
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.94 / 0)*(0 / 12.704)
=Net Margin %*Asset Turnover
= %*0
=-7.40 %

Note: The Net Income data used here is four times the quarterly (Jul. 2014) net income data. The Revenue data used here is four times the quarterly (Jul. 2014) 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.


Bayfield Ventures Asset Turnover Related Terms

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Bayfield Ventures (FRA:B4N) Business Description

Traded in Other Exchanges
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Address
Bayfield Ventures Corporation is a gold and silver exploration Company. The Company's project includes burns claim block gold-silver project in which it owns 100% of the mineral rights. The property is surrounded by Rainy River Resources property and adjoins the immediate east of Rainy River Resources' ODM17 gold-silver deposit and to the west of their expanding Intrepid gold-silver zone. It also holds interest in Red lake gold camp and Baird gold properties.

Bayfield Ventures (FRA:B4N) Headlines

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