GPTC (Golden Patriot) Asset Turnover: 0.00 (As of Jan. 2008)


What is Golden Patriot Asset Turnover?

Golden Patriot GPTC -99.83% Asset Turnover is 0.00 as of Jan. 2008.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Golden Patriot's Revenue for the three months ended in Jan. 2008 was $0.00 Mil. Golden Patriot's Total Assets for the quarter that ended in Jan. 2008 was $0.12 Mil. Therefore, Golden Patriot's Asset Turnover for the quarter that ended in Jan. 2008 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Golden Patriot's annualized ROE % for the quarter that ended in Jan. 2008 was 12.75%. It is also linked to ROA % through Du Pont Formula. Golden Patriot's annualized ROA % for the quarter that ended in Jan. 2008 was -114.29%.


Golden Patriot  (OTCPK:GPTC) Asset Turnover Explanation

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

Golden Patriot's annulized ROE % for the quarter that ended in Jan. 2008 is

ROE %**(Q: Jan. 2008 )
=Net Income/Total Stockholders Equity
=-0.14/-1.098
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.14 / 0)*(0 / 0.1225)*(0.1225/ -1.098)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.1116
=ROA %*Equity Multiplier
=-114.29 %*-0.1116
=12.75 %

Note: The Net Income data used here is four times the quarterly (Jan. 2008) net income data. The Revenue data used here is four times the quarterly (Jan. 2008) 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:

Golden Patriot's annulized ROA % for the quarter that ended in Jan. 2008 is

ROA %(Q: Jan. 2008 )
=Net Income/Total Assets
=-0.14/0.1225
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.14 / 0)*(0 / 0.1225)
=Net Margin %*Asset Turnover
= %*0
=-114.29 %

Note: The Net Income data used here is four times the quarterly (Jan. 2008) net income data. The Revenue data used here is four times the quarterly (Jan. 2008) 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.


Golden Patriot Asset Turnover Related Terms


Golden Patriot Asset Turnover Historical Data

* Premium members only.

The historical data trend for Golden Patriot'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.

Golden Patriot Asset Turnover Chart

Golden Patriot Annual Data
Trend Apr02 Apr03 Apr04 Apr05 Apr06 Apr07
Asset Turnover
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Golden Patriot Quarterly Data
Apr03 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08
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 Premium Member Only 0.00 0.00 0.00 0.00 0.00

GPTC vs GLRI, HELIQ, TIRTZ: Asset Turnover Comparison

For the Oil & Gas Equipment & Services subindustry, Golden Patriot'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.


Golden Patriot Asset Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Golden Patriot's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Golden Patriot's Asset Turnover falls into.



Golden Patriot Asset Turnover Calculation

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

Golden Patriot's Asset Turnover for the fiscal year that ended in Apr. 2007 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Apr. 2007 )/( (Total Assets (A: Apr. 2006 )+Total Assets (A: Apr. 2007 ))/ count )
=0/( (0.335+0.225)/ 2 )
=0/0.28
=0.00

Golden Patriot's Asset Turnover for the quarter that ended in Jan. 2008 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2008 )/( (Total Assets (Q: Oct. 2007 )+Total Assets (Q: Jan. 2008 ))/ count )
=0/( (0.101+0.144)/ 2 )
=0/0.1225
=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?
Golden Patriot (GPTC) has a Asset Turnover of 0.00 as of Jan. 2008. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Golden Patriot and its competitors.
Is Golden Patriot's Asset Turnover too high?
Golden Patriot's current Asset Turnover is 0.00.
How does Golden Patriot's Asset Turnover compare to GLRI and HELIQ?
Golden Patriot's Asset Turnover of 0.00 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Asset Turnover depends on the Oil & Gas 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 Golden Patriot and its competitors. Golden Patriot'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 Golden Patriot stock overvalued right now?
Golden Patriot (GPTC) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. 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 Golden Patriot (GPTC), the current Asset Turnover is 0.00 as of Jan. 2008. 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.

Golden Patriot Business Description

Industry EnergyOil & Gas
Address 8 Bond Street, Suite 124, Great Neck, NY, USA, 11021
Golden Patriot Corp is engaged in the exploration of its Lucky Boy uranium property in Arizona.