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Balamara Resources (FRA:CDU) Asset Turnover : 0.00 (As of Dec. 2014)


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What is Balamara Resources Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Balamara Resources's Revenue for the six months ended in Dec. 2014 was €0.00 Mil. Balamara Resources's Total Assets for the quarter that ended in Dec. 2014 was €6.05 Mil. Therefore, Balamara Resources's Asset Turnover for the quarter that ended in Dec. 2014 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Balamara Resources's annualized ROE % for the quarter that ended in Dec. 2014 was -78.60%. It is also linked to ROA % through Du Pont Formula. Balamara Resources's annualized ROA % for the quarter that ended in Dec. 2014 was -65.16%.


Balamara Resources Asset Turnover Historical Data

The historical data trend for Balamara Resources'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.

Balamara Resources Asset Turnover Chart

Balamara Resources Annual Data
Trend Jun02 Jun03 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Asset Turnover
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Balamara Resources Semi-Annual Data
Dec02 Jun03 Dec03 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
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Competitive Comparison of Balamara Resources's Asset Turnover

For the Other Industrial Metals & Mining subindustry, Balamara Resources'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.


Balamara Resources's Asset Turnover Distribution in the Metals & Mining Industry

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

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



Balamara Resources Asset Turnover Calculation

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

Balamara Resources's Asset Turnover for the fiscal year that ended in Jun. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2014 )/( (Total Assets (A: Jun. 2013 )+Total Assets (A: Jun. 2014 ))/ count )
=0/( (5.335+2.287)/ 2 )
=0/3.811
=0.00

Balamara Resources's Asset Turnover for the quarter that ended in Dec. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2014 )/( (Total Assets (Q: Jun. 2014 )+Total Assets (Q: Dec. 2014 ))/ count )
=0/( (2.287+9.818)/ 2 )
=0/6.0525
=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.


Balamara Resources  (FRA:CDU) Asset Turnover Explanation

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

Balamara Resources's annulized ROE % for the quarter that ended in Dec. 2014 is

ROE %**(Q: Dec. 2014 )
=Net Income/Total Stockholders Equity
=-3.944/5.0175
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.944 / 0)*(0 / 6.0525)*(6.0525/ 5.0175)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.2063
=ROA %*Equity Multiplier
=-65.16 %*1.2063
=-78.60 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2014) net income data. The Revenue data used here is two times the semi-annual (Dec. 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:

Balamara Resources's annulized ROA % for the quarter that ended in Dec. 2014 is

ROA %(Q: Dec. 2014 )
=Net Income/Total Assets
=-3.944/6.0525
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.944 / 0)*(0 / 6.0525)
=Net Margin %*Asset Turnover
= %*0
=-65.16 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2014) net income data. The Revenue data used here is two times the semi-annual (Dec. 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.


Balamara Resources Asset Turnover Related Terms

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Balamara Resources (FRA:CDU) Business Description

Traded in Other Exchanges
N/A
Address
Balamara Resources Ltd formerly known as Sultan Corporation Limited was incorporated in New South Wales on 16 August 1993 under the name of Asia-Pacific Minerals NL and on 21 November 1993 it changed its name to Caledonian Pacific Minerals NL. On 13 May, 2000 the Company changed its name again to Quadtel NL. The name of the Company was changed once more to Wytomic Limited on 17 February, 2005. The Company is engaged in exploration of mineral resources and reserves, primarily in Central Europe. It acquires assets at low cost with significant upside potential and develops them to a pre-production status. The Company's projects are located in Poland, Montenegro, Bosnia and NSW Australia. It operates in three reportable segments: Exploration Balkans region, Exploration Poland, and Exploration Australia.

Balamara Resources (FRA:CDU) Headlines

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