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Mattmar Minerals (Mattmar Minerals) Asset Turnover : 0.00 (As of May. 2012)


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What is Mattmar Minerals Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Mattmar Minerals's Revenue for the six months ended in May. 2012 was $0.00 Mil. Mattmar Minerals's Total Assets for the quarter that ended in May. 2012 was $0.01 Mil. Therefore, Mattmar Minerals's Asset Turnover for the quarter that ended in May. 2012 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Mattmar Minerals's annualized ROE % for the quarter that ended in May. 2012 was -500.00%. It is also linked to ROA % through Du Pont Formula. Mattmar Minerals's annualized ROA % for the quarter that ended in May. 2012 was -384.62%.


Mattmar Minerals Asset Turnover Historical Data

The historical data trend for Mattmar Minerals'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.

Mattmar Minerals Asset Turnover Chart

Mattmar Minerals Annual Data
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Asset Turnover
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Mattmar Minerals Semi-Annual Data
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Competitive Comparison of Mattmar Minerals's Asset Turnover

For the Other Industrial Metals & Mining subindustry, Mattmar Minerals'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.


Mattmar Minerals's Asset Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Mattmar Minerals's Asset Turnover falls into.



Mattmar Minerals Asset Turnover Calculation

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

Mattmar Minerals's Asset Turnover for the fiscal year that ended in May. 2012 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: May. 2012 )/( (Total Assets (A: May. 2011 )+Total Assets (A: May. 2012 ))/ count )
=0/( (0.012+0.014)/ 2 )
=0/0.013
=0.00

Mattmar Minerals's Asset Turnover for the quarter that ended in May. 2012 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: May. 2012 )/( (Total Assets (Q: May. 2011 )+Total Assets (Q: May. 2012 ))/ count )
=0/( (0.012+0.014)/ 2 )
=0/0.013
=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.


Mattmar Minerals  (OTCPK:MTMS) Asset Turnover Explanation

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

Mattmar Minerals's annulized ROE % for the quarter that ended in May. 2012 is

ROE %**(Q: May. 2012 )
=Net Income/Total Stockholders Equity
=-0.05/0.01
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.05 / 0)*(0 / 0.013)*(0.013/ 0.01)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.3
=ROA %*Equity Multiplier
=-384.62 %*1.3
=-500.00 %

Note: The Net Income data used here is two times the semi-annual (May. 2012) net income data. The Revenue data used here is two times the semi-annual (May. 2012) 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:

Mattmar Minerals's annulized ROA % for the quarter that ended in May. 2012 is

ROA %(Q: May. 2012 )
=Net Income/Total Assets
=-0.05/0.013
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.05 / 0)*(0 / 0.013)
=Net Margin %*Asset Turnover
= %*0
=-384.62 %

Note: The Net Income data used here is two times the semi-annual (May. 2012) net income data. The Revenue data used here is two times the semi-annual (May. 2012) 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.


Mattmar Minerals Asset Turnover Related Terms

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Mattmar Minerals (Mattmar Minerals) Business Description

Traded in Other Exchanges
N/A
Address
Website
Mattmar Minerals, Inc. was incorporated in Nevada on April 18, 2006. It operates as a development stage company. The Company focuses on engaging in merger or acquisition transaction with an operating company or business. Its purpose has been to serve as a vehicle to acquire an operating business and is considered as a shell company. It was an exploration-stage company that owned certain mineral rights in Canada.
Executives
Arnold P Kling director, 10 percent owner, officer: President C/O ADELPHIA HOLDINGS LLC, 545 MADISON AVE 6TH FLOOR, NEW YORK NY 10022
Kirk M Warshaw officer: Chief Financial Officer C/O ADELPHIA HOLDINGS LLC, 545 MADISON AVE 6TH FLOOR, NEW YORK NY 10022
R R Biotech Partners Llc 10 percent owner 330 MADISON AVENUE, NEW YORK NY 10017
Partners,llc Moyo 10 percent owner C/O ARNOLD KLING,ESQ, 444 EAST 86TH STREET # PHF, NEW YORK NY 10028

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