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Arctic Fox Lithium (FRA:O5K) Asset Turnover : 0.00 (As of Dec. 2024)


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What is Arctic Fox Lithium Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Arctic Fox Lithium's Revenue for the three months ended in Dec. 2024 was €0.00 Mil. Arctic Fox Lithium's Total Assets for the quarter that ended in Dec. 2024 was €0.30 Mil. Therefore, Arctic Fox Lithium's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Arctic Fox Lithium's annualized ROE % for the quarter that ended in Dec. 2024 was -100.87%. It is also linked to ROA % through Du Pont Formula. Arctic Fox Lithium's annualized ROA % for the quarter that ended in Dec. 2024 was -77.85%.


Arctic Fox Lithium Asset Turnover Historical Data

The historical data trend for Arctic Fox Lithium'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.

Arctic Fox Lithium Asset Turnover Chart

Arctic Fox Lithium Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Asset Turnover
- - - - -

Arctic Fox Lithium Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Arctic Fox Lithium's Asset Turnover

For the Other Industrial Metals & Mining subindustry, Arctic Fox Lithium'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.


Arctic Fox Lithium's Asset Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Arctic Fox Lithium's Asset Turnover falls into.


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Arctic Fox Lithium Asset Turnover Calculation

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

Arctic Fox Lithium's Asset Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2024 )/( (Total Assets (A: Jun. 2023 )+Total Assets (A: Jun. 2024 ))/ count )
=0/( (0.811+0.3)/ 2 )
=0/0.5555
=0.00

Arctic Fox Lithium's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=0/( (0.304+0.292)/ 2 )
=0/0.298
=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.


Arctic Fox Lithium  (FRA:O5K) Asset Turnover Explanation

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

Arctic Fox Lithium's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-0.232/0.23
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.232 / 0)*(0 / 0.298)*(0.298/ 0.23)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.2957
=ROA %*Equity Multiplier
=-77.85 %*1.2957
=-100.87 %

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

Arctic Fox Lithium's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-0.232/0.298
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.232 / 0)*(0 / 0.298)
=Net Margin %*Asset Turnover
= %*0
=-77.85 %

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


Arctic Fox Lithium Asset Turnover Related Terms

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Arctic Fox Lithium Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 905, Vancouver, BC, CAN, V6E 2Y3
Arctic Fox Lithium Corp. is a junior mineral exploration company engaged in the acquisition, exploration and development of quality mineral properties in Canada. Arctic Fox is collaborating with professional and thoughtful geologists to bridge an ethical and trustworthy lens to mining. With the increase and demand for eco-friendly power over the last five years, pressure on supply of Lithium has been at its all time high. Arctic Fox has made a conscious effort to identify properties of merit in this sector. Its projects include Pontax North Lithium Project, Kana Lake Lithium Project, Delta Lake Lithium project and Spius copper property.

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