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Strathmore Plus Uranium (FRA:TO3) Asset Turnover : 0.00 (As of Jan. 2024)


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What is Strathmore Plus Uranium Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Strathmore Plus Uranium's Revenue for the three months ended in Jan. 2024 was €0.00 Mil. Strathmore Plus Uranium's Total Assets for the quarter that ended in Jan. 2024 was €2.59 Mil. Therefore, Strathmore Plus Uranium's Asset Turnover for the quarter that ended in Jan. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Strathmore Plus Uranium's annualized ROE % for the quarter that ended in Jan. 2024 was -100.05%. It is also linked to ROA % through Du Pont Formula. Strathmore Plus Uranium's annualized ROA % for the quarter that ended in Jan. 2024 was -81.25%.


Strathmore Plus Uranium Asset Turnover Historical Data

The historical data trend for Strathmore Plus Uranium'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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Strathmore Plus Uranium Asset Turnover Chart

Strathmore Plus Uranium Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Asset Turnover
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Strathmore Plus Uranium Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Strathmore Plus Uranium's Asset Turnover

For the Uranium subindustry, Strathmore Plus Uranium'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.


Strathmore Plus Uranium's Asset Turnover Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Strathmore Plus Uranium's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Strathmore Plus Uranium's Asset Turnover falls into.



Strathmore Plus Uranium Asset Turnover Calculation

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

Strathmore Plus Uranium's Asset Turnover for the fiscal year that ended in Jul. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jul. 2023 )/( (Total Assets (A: Jul. 2022 )+Total Assets (A: Jul. 2023 ))/ count )
=0/( (0.35+1.592)/ 2 )
=0/0.971
=0.00

Strathmore Plus Uranium'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/( (2.787+2.402)/ 2 )
=0/2.5945
=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.


Strathmore Plus Uranium  (FRA:TO3) Asset Turnover Explanation

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

Strathmore Plus Uranium's annulized ROE % for the quarter that ended in Jan. 2024 is

ROE %**(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=-2.108/2.107
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.108 / 0)*(0 / 2.5945)*(2.5945/ 2.107)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.2314
=ROA %*Equity Multiplier
=-81.25 %*1.2314
=-100.05 %

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:

Strathmore Plus Uranium's annulized ROA % for the quarter that ended in Jan. 2024 is

ROA %(Q: Jan. 2024 )
=Net Income/Total Assets
=-2.108/2.5945
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.108 / 0)*(0 / 2.5945)
=Net Margin %*Asset Turnover
= %*0
=-81.25 %

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.


Strathmore Plus Uranium Asset Turnover Related Terms

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Strathmore Plus Uranium (FRA:TO3) Business Description

Traded in Other Exchanges
Address
1620 Dickson Ave, Suite 750, Kelowna, BC, CAN, V1Y 9Y2
Strathmore Plus Uranium Corp is uranium explorer based company. The Company operates in one business segment, the exploration, development and evaluation of the projects located in the State of Wyoming.

Strathmore Plus Uranium (FRA:TO3) Headlines

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