Great Red Lake Gold (FRA:G2T) Asset Turnover: 0.00 (As of Mar. 2026)

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FRA:G2T Great Red Lake Gold Corp FRA:G2T
15 GF Score
Price €0.26
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What is Great Red Lake Gold Asset Turnover?

Great Red Lake Gold FRA:G2T -25.00% 15 Asset Turnover is 0.00 as of Mar. 2026. GuruFocus rates FRA:G2T with a GF Score™ of 15/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Great Red Lake Gold's Revenue for the three months ended in Mar. 2026 was €0.00 Mil. Great Red Lake Gold's Total Assets for the quarter that ended in Mar. 2026 was €0.28 Mil. Therefore, Great Red Lake Gold's Asset Turnover for the quarter that ended in Mar. 2026 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Great Red Lake Gold's annualized ROE % for the quarter that ended in Mar. 2026 was -358.28%. It is also linked to ROA % through Du Pont Formula. Great Red Lake Gold's annualized ROA % for the quarter that ended in Mar. 2026 was -307.91%.


Great Red Lake Gold  (FRA:G2T) Asset Turnover Explanation

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

Great Red Lake Gold's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-0.876/0.2445
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.876 / 0)*(0 / 0.2845)*(0.2845/ 0.2445)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.1636
=ROA %*Equity Multiplier
=-307.91 %*1.1636
=-358.28 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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:

Great Red Lake Gold's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-0.876/0.2845
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.876 / 0)*(0 / 0.2845)
=Net Margin %*Asset Turnover
= %*0
=-307.91 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.


Great Red Lake Gold Asset Turnover Related Terms


Great Red Lake Gold Asset Turnover Historical Data

* Premium members only.

The historical data trend for Great Red Lake Gold'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.

Great Red Lake Gold Asset Turnover Chart

Great Red Lake Gold Annual Data
Trend
Asset Turnover

Great Red Lake Gold Quarterly Data
Dec25 Mar26
Asset Turnover 0.00 0.00

FRA:G2T vs HL: Asset Turnover Comparison

For the Other Precious Metals & Mining subindustry, Great Red Lake Gold'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.


Great Red Lake Gold Asset Turnover vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Great Red Lake Gold's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Great Red Lake Gold's Asset Turnover falls into.


FRA:G2T
15GF Score
Great Red Lake Gold Corp FRA:G2T
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Great Red Lake Gold Asset Turnover Calculation

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

Great Red Lake Gold's Asset Turnover for the fiscal year that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
=

Great Red Lake Gold's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=0/( (0.283+0.286)/ 2 )
=0/0.2845
=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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.00 mean?
Great Red Lake Gold (FRA:G2T) has a Asset Turnover of 0.00 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Great Red Lake Gold and its competitors.
Is Great Red Lake Gold's Asset Turnover too high?
Great Red Lake Gold's current Asset Turnover is 0.00. Overall, Great Red Lake Gold has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Great Red Lake Gold's Asset Turnover compare to HL?
Great Red Lake Gold's Asset Turnover of 0.00 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Asset Turnover depends on the Metals & Mining 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 Great Red Lake Gold and its competitors. Great Red Lake Gold's current Asset Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great Red Lake Gold stock overvalued right now?
Great Red Lake Gold (FRA:G2T) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. Great Red Lake Gold's overall GF Score™ is 15/100. 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 Great Red Lake Gold (FRA:G2T), the current Asset Turnover is 0.00 as of Mar. 2026. 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.

Great Red Lake Gold Business Description

Other Exchanges RLGC:Canada
Great Red Lake Gold Corp is a Toronto-based exploration and development company focused on the acquisition,exploration and development of properties which are prospective for gold and other metals.
15GF Score

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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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