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GBLEF (Global Energy Metals) Asset Turnover : 0.00 (As of Dec. 2024)


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What is Global Energy Metals Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Global Energy Metals's Revenue for the three months ended in Dec. 2024 was $0.00 Mil. Global Energy Metals's Total Assets for the quarter that ended in Dec. 2024 was $3.16 Mil. Therefore, Global Energy Metals's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Global Energy Metals's annualized ROE % for the quarter that ended in Dec. 2024 was -11.13%. It is also linked to ROA % through Du Pont Formula. Global Energy Metals's annualized ROA % for the quarter that ended in Dec. 2024 was -10.65%.


Global Energy Metals Asset Turnover Historical Data

The historical data trend for Global Energy Metals'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.

Global Energy Metals Asset Turnover Chart

Global Energy Metals Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Asset Turnover
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Global Energy Metals Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of Global Energy Metals's Asset Turnover

For the Other Industrial Metals & Mining subindustry, Global Energy Metals'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.


Global Energy Metals's Asset Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Global Energy Metals's Asset Turnover falls into.


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Global Energy Metals Asset Turnover Calculation

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

Global Energy Metals'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/( (3.695+3.124)/ 2 )
=0/3.4095
=0.00

Global Energy Metals'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/( (3.297+3.013)/ 2 )
=0/3.155
=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.


Global Energy Metals  (OTCPK:GBLEF) Asset Turnover Explanation

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

Global Energy Metals's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-0.336/3.0195
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.336 / 0)*(0 / 3.155)*(3.155/ 3.0195)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0449
=ROA %*Equity Multiplier
=-10.65 %*1.0449
=-11.13 %

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:

Global Energy Metals's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-0.336/3.155
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.336 / 0)*(0 / 3.155)
=Net Margin %*Asset Turnover
= %*0
=-10.65 %

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.


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.


Global Energy Metals Asset Turnover Related Terms

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Global Energy Metals Business Description

Traded in Other Exchanges
Address
128 West Pender Street, Suite 1501, Vancouver, BC, CAN, V6B 1R8
Global Energy Metals Corp offers investment exposure to the growing rechargeable battery and electric vehicle market by building a diversified portfolio of exploration and growth-stage cobalt assets. The company is a cobalt explorer and developer in the famed Mount Is a mining district in Queensland, Australia through the advancement of the Millennium Cobalt Project. Its other projects include Werner Lake Cobalt Project and Lovelock Mine, Rana Project, Monument PK, & Treasure Box Projects.