PT Sumber Mineral Global Abadi Tbk (ISX:SMGA) Asset Turnover: 0.00 (As of . 20)

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What is PT Sumber Mineral Global Abadi Tbk Asset Turnover?

PT Sumber Mineral Global Abadi Tbk ISX:SMGA +2.99% Asset Turnover is 0.00 as of . 20. The stock has 1 warning sign investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. PT Sumber Mineral Global Abadi Tbk's Revenue for the six months ended in . 20 was Rp Mil. PT Sumber Mineral Global Abadi Tbk's Total Assets for the quarter that ended in . 20 was Rp Mil. Therefore, PT Sumber Mineral Global Abadi Tbk's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. PT Sumber Mineral Global Abadi Tbk's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. PT Sumber Mineral Global Abadi Tbk's annualized ROA % for the quarter that ended in . 20 was %.


PT Sumber Mineral Global Abadi Tbk  (ISX:SMGA) Asset Turnover Explanation

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

PT Sumber Mineral Global Abadi Tbk's annulized ROE % for the quarter that ended in . 20 is

ROE %**(Q: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=( / )*( / )*(/ )
=Net Margin %*Asset Turnover*Equity Multiplier
= %**
=ROA %*Equity Multiplier
= %*
= %

Note: The Net Income data used here is two times the semi-annual (. 20) net income data. The Revenue data used here is two times the semi-annual (. 20) 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:

PT Sumber Mineral Global Abadi Tbk's annulized ROA % for the quarter that ended in . 20 is

Note: The Net Income data used here is two times the semi-annual (. 20) net income data. The Revenue data used here is two times the semi-annual (. 20) 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.


PT Sumber Mineral Global Abadi Tbk Asset Turnover Related Terms


PT Sumber Mineral Global Abadi Tbk Asset Turnover Historical Data

* Premium members only.

The historical data trend for PT Sumber Mineral Global Abadi Tbk'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.

PT Sumber Mineral Global Abadi Tbk Asset Turnover Chart

PT Sumber Mineral Global Abadi Tbk Annual Data
Trend
Asset Turnover

PT Sumber Mineral Global Abadi Tbk Semi-Annual Data
Asset Turnover

PT Sumber Mineral Global Abadi Tbk Asset Turnover Competitor Comparison

For the Other Industrial Metals & Mining subindustry, PT Sumber Mineral Global Abadi Tbk'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.


PT Sumber Mineral Global Abadi Tbk Asset Turnover vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Sumber Mineral Global Abadi Tbk's Asset Turnover distribution charts can be found below:

* The bar in red indicates where PT Sumber Mineral Global Abadi Tbk's Asset Turnover falls into.



PT Sumber Mineral Global Abadi Tbk Asset Turnover Calculation

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

PT Sumber Mineral Global Abadi Tbk's Asset Turnover for the fiscal year that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
=

PT Sumber Mineral Global Abadi Tbk's Asset Turnover for the quarter that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
=

* 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?
PT Sumber Mineral Global Abadi Tbk (ISX:SMGA) has a Asset Turnover of 0.00 as of . 20. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on PT Sumber Mineral Global Abadi Tbk and its competitors.
Is PT Sumber Mineral Global Abadi Tbk's Asset Turnover too high?
PT Sumber Mineral Global Abadi Tbk's current Asset Turnover is 0.00.
How does PT Sumber Mineral Global Abadi Tbk's Asset Turnover compare to competitors?
PT Sumber Mineral Global Abadi Tbk's Asset Turnover of 0.00 can be compared against companies in the Metals & Mining 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 a Metals & Mining company?
A good Asset Turnover depends on the Metals & Mining 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 PT Sumber Mineral Global Abadi Tbk and its competitors. PT Sumber Mineral Global Abadi Tbk'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 PT Sumber Mineral Global Abadi Tbk stock overvalued right now?
PT Sumber Mineral Global Abadi Tbk (ISX:SMGA) 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 PT Sumber Mineral Global Abadi Tbk (ISX:SMGA), the current Asset Turnover is 0.00 as of . 20. 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.

PT Sumber Mineral Global Abadi Tbk Business Description

Address Jalan Gatot Subroto Kav. 23, Graha BIP Lantai 2, Karet Semanggi, Setiabudi, South Jakarta, Jakarta, IDN, 12930
PT Sumber Mineral Global Abadi Tbk is engaged in the trading of nickel, Limestone and coal for the domestic market in Indonesia. The Company's business activities include metal and ore trading, sand and nickel trading, cement, lime, sand, stone wholesale trade, solid-liquid fuel and gas wholesale trading and products. Its segment includes nickel, coal, sand and limestone trading. The company generates key revenue from the coal trading segment.