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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Kintara Therapeutics's Revenue for the three months ended in Jun. 2024 was $0.00 Mil. Kintara Therapeutics's Total Assets for the quarter that ended in Jun. 2024 was $6.82 Mil. Therefore, Kintara Therapeutics's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.
Asset Turnover is linked to ROE % through Du Pont Formula. Kintara Therapeutics's annualized ROE % for the quarter that ended in Jun. 2024 was -192.09%. It is also linked to ROA % through Du Pont Formula. Kintara Therapeutics's annualized ROA % for the quarter that ended in Jun. 2024 was -136.23%.
The historical data trend for Kintara Therapeutics'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.
Kintara Therapeutics Annual Data | |||||||||||||||||||||
Trend | Jun15 | Jun16 | Jun17 | Jun18 | Jun19 | Jun20 | Jun21 | Jun22 | Jun23 | Jun24 | |||||||||||
Asset Turnover | Get a 7-Day Free Trial |
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Kintara Therapeutics Quarterly Data | ||||||||||||||||||||
Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
Asset Turnover | Get a 7-Day Free Trial |
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For the Biotechnology subindustry, Kintara Therapeutics'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.
For the Biotechnology industry and Healthcare sector, Kintara Therapeutics's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Kintara Therapeutics's Asset Turnover falls into.
Asset Turnover measures how quickly a company turns over its asset through sales.
Kintara Therapeutics's Asset Turnover for the fiscal year that ended in Jun. 2024 is calculated as
Asset Turnover | ||||||
= | Revenue | / | Average Total Assets | |||
= | Revenue (A: Jun. 2024 ) | / | ( (Total Assets (A: Jun. 2023 ) | + | Total Assets (A: Jun. 2024 )) | / count ) |
= | 0 | / | ( (3.979 | + | 6.202) | / 2 ) |
= | 0 | / | 5.0905 | |||
= | 0.00 |
Kintara Therapeutics's Asset Turnover for the quarter that ended in Jun. 2024 is calculated as
Asset Turnover | ||||||
= | Revenue | / | Average Total Assets | |||
= | Revenue (Q: Jun. 2024 ) | / | ( (Total Assets (Q: Mar. 2024 ) | + | Total Assets (Q: Jun. 2024 )) | / count ) |
= | 0 | / | ( (7.446 | + | 6.202) | / 2 ) |
= | 0 | / | 6.824 | |||
= | 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.
Kintara Therapeutics (NAS:KTRA) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Kintara Therapeutics's annulized ROE % for the quarter that ended in Jun. 2024 is
ROE %** | (Q: Jun. 2024 ) | ||||
= | Net Income | / | Total Stockholders Equity | ||
= | -9.296 | / | 4.8395 | ||
= | (Net Income / Revenue) | * | (Revenue / Total Assets) | * | (Total Assets / Total Stockholders Equity) |
= | (-9.296 / 0) | * | (0 / 6.824) | * | (6.824/ 4.8395) |
= | Net Margin % | * | Asset Turnover | * | Equity Multiplier |
= | % | * | 0 | * | 1.4101 |
= | ROA % | * | Equity Multiplier | ||
= | -136.23 % | * | 1.4101 | ||
= | -192.09 % |
Note: The Net Income data used here is four times the quarterly (Jun. 2024) net income data. The Revenue data used here is four times the quarterly (Jun. 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:
Kintara Therapeutics's annulized ROA % for the quarter that ended in Jun. 2024 is
ROA % | (Q: Jun. 2024 ) | ||
= | Net Income | / | Total Assets |
= | -9.296 | / | 6.824 |
= | (Net Income / Revenue) | * | (Revenue / Total Assets) |
= | (-9.296 / 0) | * | (0 / 6.824) |
= | Net Margin % | * | Asset Turnover |
= | % | * | 0 |
= | -136.23 % |
Note: The Net Income data used here is four times the quarterly (Jun. 2024) net income data. The Revenue data used here is four times the quarterly (Jun. 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.
Thank you for viewing the detailed overview of Kintara Therapeutics's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Robert Hoffman | director, officer: President and CEO | ARENA PHARMACEUTICALS INC, 6166 NANCY RIDER DRIVE, SAN DIEGO CA 92121 |
Anthony Scott Praill | officer: Chief Financial Officer | 2001-889 HOMER STREET, VANCOUVER A1 V6B 5S3 |
Saiid Zarrabian | director, officer: Head of Strategic Partnerships | P.O. BOX 675765, RANCHO SANTA FE CA 92067 |
Laura L. Johnson | director | C/O LA JOLLA PHARMACEUTICAL COMPANY, LA JOLLA VILLAGE DRIVE, SUITE 1070, SAN DIEGO CA 92122 |
Tamara A Seymour | director | C/O SIGNAL GENETICS, INC., 5740 FLEET STREET, CARLSBAD CA 92008 |
Toth Robert Joseph Jr | director | 543 LOMBARD ST, SAN FRANCISCO CA 94133 |
Dennis M Brown | officer: Chief Scientific Officer | 100 SAN MATEO DR, MENLO PARK CA 94025 |
Keith Murphy | director | 6275 NANCY RIDGE DRIVE, SUITE 110, SAN DIEGO CA 92121 |
John Liatos | director, officer: SVP, Business Development | 12707 HIGH BLUFF DRIVE, SUITE 200, SAN DIEGO CA 92130 |
John K Bell | director | 38 FALLBROOK LANE RR 33, CAMBRIDGE A6 N3H 4R8 |
Napoleone Ferrara | director | 550 FRONT STREET, UNIT 1103, SAN DIEGO CA 92101 |
Lynda Sarah Cranston | director | 4316 LOCARNO CRESCENT, VANCOUVER A1 V6R 1G3 |
Erich Mohr | director | 8300 GREENSBORO DRIVE, MCLEAN VA 22102 |
Jeffrey Bacha | director | SUITE 3 1545 WEST 14TH AVENUE, VANCOUVER A1 V6J 2J1 |
William J Garner | director | 875 MAHLER ROAD, SUITE 235, BURLINGAME CA 94010 |
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