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Infinito Gold (Infinito Gold) Asset Turnover : 0.00 (As of Dec. 2014)


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What is Infinito Gold Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Infinito Gold's Revenue for the three months ended in Dec. 2014 was $0.00 Mil. Infinito Gold's Total Assets for the quarter that ended in Dec. 2014 was $1.97 Mil. Therefore, Infinito Gold's Asset Turnover for the quarter that ended in Dec. 2014 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Infinito Gold's annualized ROE % for the quarter that ended in Dec. 2014 was 15.10%. It is also linked to ROA % through Du Pont Formula. Infinito Gold's annualized ROA % for the quarter that ended in Dec. 2014 was -1,060.97%.


Infinito Gold Asset Turnover Historical Data

The historical data trend for Infinito Gold'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.

Infinito Gold Asset Turnover Chart

Infinito Gold Annual Data
Trend Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
Asset Turnover
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Infinito Gold Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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Competitive Comparison of Infinito Gold's Asset Turnover

For the Other Industrial Metals & Mining subindustry, Infinito Gold'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.


Infinito Gold's Asset Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Infinito Gold's Asset Turnover falls into.



Infinito Gold Asset Turnover Calculation

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

Infinito Gold's Asset Turnover for the fiscal year that ended in Mar. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2014 )/( (Total Assets (A: Mar. 2013 )+Total Assets (A: Mar. 2014 ))/ count )
=0/( (7.361+3.138)/ 2 )
=0/5.2495
=0.00

Infinito Gold's Asset Turnover for the quarter that ended in Dec. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2014 )/( (Total Assets (Q: Sep. 2014 )+Total Assets (Q: Dec. 2014 ))/ count )
=0/( (2.252+1.678)/ 2 )
=0/1.965
=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.


Infinito Gold  (OTCPK:IGFFF) Asset Turnover Explanation

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

Infinito Gold's annulized ROE % for the quarter that ended in Dec. 2014 is

ROE %**(Q: Dec. 2014 )
=Net Income/Total Stockholders Equity
=-20.848/-138.0375
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-20.848 / 0)*(0 / 1.965)*(1.965/ -138.0375)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.0142
=ROA %*Equity Multiplier
=-1,060.97 %*-0.0142
=15.10 %

Note: The Net Income data used here is four times the quarterly (Dec. 2014) net income data. The Revenue data used here is four times the quarterly (Dec. 2014) 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:

Infinito Gold's annulized ROA % for the quarter that ended in Dec. 2014 is

ROA %(Q: Dec. 2014 )
=Net Income/Total Assets
=-20.848/1.965
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-20.848 / 0)*(0 / 1.965)
=Net Margin %*Asset Turnover
= %*0
=-1,060.97 %

Note: The Net Income data used here is four times the quarterly (Dec. 2014) net income data. The Revenue data used here is four times the quarterly (Dec. 2014) 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.


Infinito Gold Asset Turnover Related Terms

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Infinito Gold (Infinito Gold) Business Description

Traded in Other Exchanges
N/A
Address
1100 1st Street, Suite 600, Calgary, AB, CAN, T2G 1B1
Infinito Gold Ltd is a Canadian based company, engaged in the exploration and development activity. The business activity of the group includes acquisition, exploration, and development of mineral interests primarily in Costa Rica. The company primarily explores for gold and holds an interest in the activity of the Crucitas project located in Northern Costa Rica.

Infinito Gold (Infinito Gold) Headlines

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