SILS (Silver Scott Mines) Asset Turnover: 0.00 (As of Dec. 2024)


What is Silver Scott Mines Asset Turnover?

Silver Scott Mines SILS +13.19% Asset Turnover is 0.00 as of Dec. 2024.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Silver Scott Mines's Revenue for the six months ended in Dec. 2024 was $0.00 Mil. Silver Scott Mines's Total Assets for the quarter that ended in Dec. 2024 was $0.46 Mil. Therefore, Silver Scott Mines's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Silver Scott Mines's annualized ROE % for the quarter that ended in Dec. 2024 was -30.64%. It is also linked to ROA % through Du Pont Formula. Silver Scott Mines's annualized ROA % for the quarter that ended in Dec. 2024 was -24.18%.

Silver Scott Mines  (OTCPK:SILS) Asset Turnover Explanation

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

Silver Scott Mines's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-0.11/0.359
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.11 / 0)*(0 / 0.455)*(0.455/ 0.359)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.2674
=ROA %*Equity Multiplier
=-24.18 %*1.2674
=-30.64 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (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:

Silver Scott Mines's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-0.11/0.455
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.11 / 0)*(0 / 0.455)
=Net Margin %*Asset Turnover
= %*0
=-24.18 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (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.

Silver Scott Mines Asset Turnover Related Terms

Silver Scott Mines Asset Turnover Historical Data

* Premium members only.

The historical data trend for Silver Scott Mines'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.

Silver Scott Mines Asset Turnover Chart

Silver Scott Mines Annual Data
Trend Dec23 Dec24
Asset Turnover
0.03 0.00

Silver Scott Mines Semi-Annual Data
Dec23 Dec24
Asset Turnover 0.03 0.00

SILS vs NMEX, GLNS, PDIV: Asset Turnover Comparison

For the Other Precious Metals & Mining subindustry, Silver Scott Mines'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.

Silver Scott Mines Asset Turnover vs Metals & Mining Industry

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

* The bar in red indicates where Silver Scott Mines's Asset Turnover falls into.


Silver Scott Mines Asset Turnover Calculation

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

Silver Scott Mines's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=0/( (0.457+0.453)/ 2 )
=0/0.455
=0.00

Silver Scott Mines'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: Dec. 2023 )+Total Assets (Q: Dec. 2024 ))/ count )
=0/( (0.457+0.453)/ 2 )
=0/0.455
=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?
Silver Scott Mines (SILS) has a Asset Turnover of 0.00 as of Dec. 2024. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Silver Scott Mines and its competitors.
Is Silver Scott Mines' Asset Turnover too high?
Silver Scott Mines' current Asset Turnover is 0.00.
How does Silver Scott Mines' Asset Turnover compare to NMEX and GLNS?
Silver Scott Mines' Asset Turnover of 0.00 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Asset Turnover depends on the Metals & Mining 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 Silver Scott Mines and its competitors. Silver Scott Mines'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 Silver Scott Mines stock overvalued right now?
Silver Scott Mines (SILS) 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 Silver Scott Mines (SILS), the current Asset Turnover is 0.00 as of Dec. 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.

Silver Scott Mines Business Description

Address 4160 N Highway A1A, Unit 701A, Hutchinson Island, FL, USA, 34949
Silver Scott Mines Inc is a holding company currently owning assets in the digital currency, DeFi, and crypto trading spaces. The company has recently shifted its focus to maximizing the value of its assets and evaluating new business opportunities, including potential acquisitions or business combinations with one or more businesses.