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KDKCF (Kodiak Copper) Asset Turnover : 0.00 (As of Dec. 2024)


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What is Kodiak Copper Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Kodiak Copper's Revenue for the three months ended in Dec. 2024 was $0.00 Mil. Kodiak Copper's Total Assets for the quarter that ended in Dec. 2024 was $28.81 Mil. Therefore, Kodiak Copper's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Kodiak Copper's annualized ROE % for the quarter that ended in Dec. 2024 was -5.51%. It is also linked to ROA % through Du Pont Formula. Kodiak Copper's annualized ROA % for the quarter that ended in Dec. 2024 was -5.01%.


Kodiak Copper Asset Turnover Historical Data

The historical data trend for Kodiak Copper'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.

Kodiak Copper Asset Turnover Chart

Kodiak Copper Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Asset Turnover
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Kodiak Copper 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 Kodiak Copper's Asset Turnover

For the Other Precious Metals & Mining subindustry, Kodiak Copper'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.


Kodiak Copper's Asset Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Kodiak Copper's Asset Turnover falls into.


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Kodiak Copper Asset Turnover Calculation

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

Kodiak Copper's Asset Turnover for the fiscal year that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2024 )/( (Total Assets (A: Sep. 2023 )+Total Assets (A: Sep. 2024 ))/ count )
=0/( (26.605+29.885)/ 2 )
=0/28.245
=0.00

Kodiak Copper'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/( (29.885+27.74)/ 2 )
=0/28.8125
=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.


Kodiak Copper  (OTCPK:KDKCF) Asset Turnover Explanation

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

Kodiak Copper's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-1.444/26.215
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.444 / 0)*(0 / 28.8125)*(28.8125/ 26.215)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0991
=ROA %*Equity Multiplier
=-5.01 %*1.0991
=-5.51 %

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:

Kodiak Copper's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-1.444/28.8125
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.444 / 0)*(0 / 28.8125)
=Net Margin %*Asset Turnover
= %*0
=-5.01 %

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.


Kodiak Copper Asset Turnover Related Terms

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


Kodiak Copper Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 1020, Vancouver, BC, CAN, V6C 2V6
Kodiak Copper Corp is focused on its owned copper porphyry projects in Canada and the USA. The company's asset includes the MPD copper-gold porphyry project in the prolific Quesnel Trough in southern British Columbia, Canada, where the firm made a high-grade discovery at the Gate Zone, which is part of a zoned, copper-gold enriched envelope of a particular size. Kodiak also holds the Mohave copper-molybdenum-silver porphyry project in Arizona, USA, near the Bagdad mine. Both of Kodiak's porphyry projects have been historically drilled.