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Hycroft Mining Holding (Hycroft Mining Holding) Asset Turnover : 0.00 (As of Dec. 2023)


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What is Hycroft Mining Holding Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Hycroft Mining Holding's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Hycroft Mining Holding's Total Assets for the quarter that ended in Dec. 2023 was $206.75 Mil. Therefore, Hycroft Mining Holding's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Hycroft Mining Holding's annualized ROE % for the quarter that ended in Dec. 2023 was -261.42%. It is also linked to ROA % through Du Pont Formula. Hycroft Mining Holding's annualized ROA % for the quarter that ended in Dec. 2023 was -22.28%.


Hycroft Mining Holding Asset Turnover Historical Data

The historical data trend for Hycroft Mining Holding'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.

Hycroft Mining Holding Asset Turnover Chart

Hycroft Mining Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
0.10 0.26 0.59 0.17 -

Hycroft Mining Holding Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.04 - - - -

Competitive Comparison of Hycroft Mining Holding's Asset Turnover

For the Gold subindustry, Hycroft Mining Holding'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.


Hycroft Mining Holding's Asset Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Hycroft Mining Holding's Asset Turnover falls into.



Hycroft Mining Holding Asset Turnover Calculation

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

Hycroft Mining Holding's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=0/( (248.954+201.693)/ 2 )
=0/225.3235
=0.00

Hycroft Mining Holding's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (211.813+201.693)/ 2 )
=0/206.753
=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.


Hycroft Mining Holding  (NAS:HYMC) Asset Turnover Explanation

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

Hycroft Mining Holding's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-46.056/17.6175
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-46.056 / 0)*(0 / 206.753)*(206.753/ 17.6175)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*11.7357
=ROA %*Equity Multiplier
=-22.28 %*11.7357
=-261.42 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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:

Hycroft Mining Holding's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-46.056/206.753
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-46.056 / 0)*(0 / 206.753)
=Net Margin %*Asset Turnover
= %*0
=-22.28 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


Hycroft Mining Holding Asset Turnover Related Terms

Thank you for viewing the detailed overview of Hycroft Mining Holding's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Hycroft Mining Holding (Hycroft Mining Holding) Business Description

Traded in Other Exchanges
N/A
Address
4300 Water Canyon Road, Unit 1, Winnemucca, NV, USA, 89445
Hycroft Mining Holding Corp is a gold and silver producer. Its operating mine, the Hycroft Mine, is an open-pit heap leach operation located approximately fifty four miles west of Winnemucca, Nevada.
Executives
Diane R Garrett director, officer: President, CEO & Director C/O NOVAGOLD RESOURCES INC., 201 SOUTH MAIN, SUITE 400, SALT LAKE CITY UT 84111
Stanton K Rideout officer: Executive Vice President & CFO C/O HYCROFT MINING HOLDING CORPORATION, 8181 E. TUFTS AVE. SUITE 510, DENVER CO 80237
Rebecca Jennings officer: Senior Vice President 4300 WATER CANYON ROAD, UNIT 1, WINNEMUCCA NV 89445
Mudrick Capital Management, L.p. director, 10 percent owner 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
Stephen A Lang director 1 UNIVERSITY AVENUE, SUITE 1500, TORONTO A6 M5J 2P1
Eric Sprott 10 percent owner 2700-200 BAY STREET, ROYAL BANK PLAZA SOUTH TOWER, TORONTO A6 M5J 2J1
David C Naccarati director ONE NORTH CENTRAL AVENUE, CORPORATE SECRETARY DEPARTMENT, PHOENIX AZ 85004
Sean D. Goodman director 11500 ASH STREET, LEAWOOD KS 66211
2176423 Ontario Ltd. 10 percent owner 200 BAY STREET, SUITE 2600, ROYAL BANK PLAZA, SOUTH TOWER, TORONTO A6 M5J 2J1
American Multi-cinema, Inc. 10 percent owner ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211
Amc Entertainment Holdings, Inc. 10 percent owner ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211
Whitebox Advisors Llc 10 percent owner 3033 EXCELSIOR BLVD., SUITE 500, MINNEAPOLIS MN 55416
Whitebox General Partner Llc 10 percent owner 3033 EXCELSIOR BLVD., SUITE 300, MINNEAPOLIS MN 55416
Highbridge Capital Management Llc 10 percent owner 277 PARK AVE, 23RD FLOOR, NEW YORK NY 10172
Jeffrey Stieber officer: Chief Financial Officer 8181 E. TUFTS AVE., SUITE510, DENVER CO 80237

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