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OLVRF (Olivut Resources) Asset Turnover : 0.00 (As of Jan. 2025)


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What is Olivut Resources Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Olivut Resources's Revenue for the three months ended in Jan. 2025 was $0.00 Mil. Olivut Resources's Total Assets for the quarter that ended in Jan. 2025 was $0.45 Mil. Therefore, Olivut Resources's Asset Turnover for the quarter that ended in Jan. 2025 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Olivut Resources's annualized ROE % for the quarter that ended in Jan. 2025 was -89.77%. It is also linked to ROA % through Du Pont Formula. Olivut Resources's annualized ROA % for the quarter that ended in Jan. 2025 was -80.09%.


Olivut Resources Asset Turnover Historical Data

The historical data trend for Olivut Resources'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.

Olivut Resources Asset Turnover Chart

Olivut Resources Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Asset Turnover
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Olivut Resources Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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Competitive Comparison of Olivut Resources's Asset Turnover

For the Other Precious Metals & Mining subindustry, Olivut Resources'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.


Olivut Resources's Asset Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Olivut Resources's Asset Turnover falls into.


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Olivut Resources Asset Turnover Calculation

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

Olivut Resources's Asset Turnover for the fiscal year that ended in Oct. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Oct. 2024 )/( (Total Assets (A: Oct. 2023 )+Total Assets (A: Oct. 2024 ))/ count )
=0/( (0.542+0.532)/ 2 )
=0/0.537
=0.00

Olivut Resources's Asset Turnover for the quarter that ended in Jan. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2025 )/( (Total Assets (Q: Oct. 2024 )+Total Assets (Q: Jan. 2025 ))/ count )
=0/( (0.532+0.377)/ 2 )
=0/0.4545
=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.


Olivut Resources  (OTCPK:OLVRF) Asset Turnover Explanation

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

Olivut Resources's annulized ROE % for the quarter that ended in Jan. 2025 is

ROE %**(Q: Jan. 2025 )
=Net Income/Total Stockholders Equity
=-0.364/0.4055
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.364 / 0)*(0 / 0.4545)*(0.4545/ 0.4055)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.1208
=ROA %*Equity Multiplier
=-80.09 %*1.1208
=-89.77 %

Note: The Net Income data used here is four times the quarterly (Jan. 2025) net income data. The Revenue data used here is four times the quarterly (Jan. 2025) 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:

Olivut Resources's annulized ROA % for the quarter that ended in Jan. 2025 is

ROA %(Q: Jan. 2025 )
=Net Income/Total Assets
=-0.364/0.4545
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.364 / 0)*(0 / 0.4545)
=Net Margin %*Asset Turnover
= %*0
=-80.09 %

Note: The Net Income data used here is four times the quarterly (Jan. 2025) net income data. The Revenue data used here is four times the quarterly (Jan. 2025) 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.


Olivut Resources Asset Turnover Related Terms

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Olivut Resources Business Description

Traded in Other Exchanges
Address
P.O. Box 6690, Hinton, AB, CAN, T7V 1X8
Olivut Resources Ltd is a Canadian company that is engaged in the acquisition, exploration, and evaluation of mineral properties for the purpose of mining diamonds and other precious and base minerals. The company holds an interest in the HOAM project, which is located in the Mackenzie Region, Northwest Territories, Canada. It also holds interests in Seahorse Project located in the Northwest Territories. The other projects include Photo Library -HOAM Project and Photo Library -Seahorse Project.

Olivut Resources Headlines