MTPP (Mountain Top Properties) Asset Turnover: 0.00 (As of Sep. 2024)


What is Mountain Top Properties Asset Turnover?

Mountain Top Properties MTPP Asset Turnover is 0.00 as of Sep. 2024.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Mountain Top Properties's Revenue for the three months ended in Sep. 2024 was $0.00 Mil. Mountain Top Properties's Total Assets for the quarter that ended in Sep. 2024 was $0.13 Mil. Therefore, Mountain Top Properties's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Mountain Top Properties's annualized ROE % for the quarter that ended in Sep. 2024 was 39.54%. It is also linked to ROA % through Du Pont Formula. Mountain Top Properties's annualized ROA % for the quarter that ended in Sep. 2024 was -39.85%.


Mountain Top Properties  (OTCPK:MTPP) Asset Turnover Explanation

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

Mountain Top Properties's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-0.052/-0.1315
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.052 / 0)*(0 / 0.1305)*(0.1305/ -0.1315)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.9924
=ROA %*Equity Multiplier
=-39.85 %*-0.9924
=39.54 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 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:

Mountain Top Properties's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=-0.052/0.1305
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.052 / 0)*(0 / 0.1305)
=Net Margin %*Asset Turnover
= %*0
=-39.85 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


Mountain Top Properties Asset Turnover Related Terms


Mountain Top Properties Asset Turnover Historical Data

* Premium members only.

The historical data trend for Mountain Top Properties'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.

Mountain Top Properties Asset Turnover Chart

Mountain Top Properties Annual Data
Trend Dec22 Dec23
Asset Turnover
0.00 0.00

Mountain Top Properties Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

MTPP vs ACAN: Asset Turnover Comparison

For the Real Estate - Development subindustry, Mountain Top Properties'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.


Mountain Top Properties Asset Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Mountain Top Properties's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Mountain Top Properties's Asset Turnover falls into.



Mountain Top Properties Asset Turnover Calculation

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

Mountain Top Properties's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=0/( (0.001+0.157)/ 2 )
=0/0.079
=0.00

Mountain Top Properties's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0/( (0.133+0.128)/ 2 )
=0/0.1305
=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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.00 mean?
Mountain Top Properties (MTPP) has a Asset Turnover of 0.00 as of Sep. 2024. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Mountain Top Properties and its competitors.
Is Mountain Top Properties' Asset Turnover too high?
Mountain Top Properties' current Asset Turnover is 0.00.
How does Mountain Top Properties' Asset Turnover compare to ACAN?
Mountain Top Properties' Asset Turnover of 0.00 can be compared against companies in the Real Estate 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 Real Estate company?
A good Asset Turnover depends on the Real Estate 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 Mountain Top Properties and its competitors. Mountain Top Properties'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 Mountain Top Properties stock overvalued right now?
Mountain Top Properties (MTPP) 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 Mountain Top Properties (MTPP), the current Asset Turnover is 0.00 as of Sep. 2024. 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.

Mountain Top Properties Business Description

Address 7325 Oswego Road, Liverpool, TX, USA, 13090
Mountain Top Properties Inc is focused on identifying and negotiating with potential portfolio companies for acquisition. It intends to acquire interests in these companies and provide them with capital-raising assistance and managerial support. Currently, the company is not engaged in any operational activities.