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Traction Uranium (FRA:Z1K0) Asset Turnover : 0.00 (As of Dec. 2024)


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What is Traction 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. Traction Uranium's Revenue for the three months ended in Dec. 2024 was €0.00 Mil. Traction Uranium's Total Assets for the quarter that ended in Dec. 2024 was €2.52 Mil. Therefore, Traction Uranium's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Traction Uranium's annualized ROE % for the quarter that ended in Dec. 2024 was -8.65%. It is also linked to ROA % through Du Pont Formula. Traction Uranium's annualized ROA % for the quarter that ended in Dec. 2024 was -7.62%.


Traction Uranium Asset Turnover Historical Data

The historical data trend for Traction 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.

* Premium members only.

Traction Uranium Asset Turnover Chart

Traction Uranium Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24
Asset Turnover
- - - - -

Traction Uranium Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24 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 - - - - -

Competitive Comparison of Traction Uranium's Asset Turnover

For the Other Industrial Metals & Mining subindustry, Traction 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.


Traction Uranium's Asset Turnover Distribution in the Metals & Mining Industry

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

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



Traction Uranium Asset Turnover Calculation

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

Traction Uranium's Asset Turnover for the fiscal year that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2024 )/( (Total Assets (A: Sep. 2023 )+Total Assets (A: Sep. 2024 ))/ count )
=0/( (3.669+2.545)/ 2 )
=0/3.107
=0.00

Traction Uranium'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/( (2.545+2.493)/ 2 )
=0/2.519
=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.


Traction Uranium  (FRA:Z1K0) Asset Turnover Explanation

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

Traction Uranium's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-0.192/2.219
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.192 / 0)*(0 / 2.519)*(2.519/ 2.219)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.1352
=ROA %*Equity Multiplier
=-7.62 %*1.1352
=-8.65 %

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:

Traction Uranium's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-0.192/2.519
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.192 / 0)*(0 / 2.519)
=Net Margin %*Asset Turnover
= %*0
=-7.62 %

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.


Traction Uranium Asset Turnover Related Terms

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Traction Uranium Business Description

Traded in Other Exchanges
Address
100-521, 3rd Avenue SW, Calgary, AB, CAN, T2P 3T3
Traction Uranium Corp is engaged in the acquisition, exploration, and evaluation of resource properties. The projects of the company include Key Lake South, Hearty Bay and Grease River.

Traction Uranium Headlines

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