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Altiplano Metals (STU:9AJ1) Asset Turnover : 0.04 (As of Dec. 2024)


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What is Altiplano Metals Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Altiplano Metals's Revenue for the three months ended in Dec. 2024 was €0.16 Mil. Altiplano Metals's Total Assets for the quarter that ended in Dec. 2024 was €3.92 Mil. Therefore, Altiplano Metals's Asset Turnover for the quarter that ended in Dec. 2024 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Altiplano Metals's annualized ROE % for the quarter that ended in Dec. 2024 was -120.64%. It is also linked to ROA % through Du Pont Formula. Altiplano Metals's annualized ROA % for the quarter that ended in Dec. 2024 was -39.61%.


Altiplano Metals Asset Turnover Historical Data

The historical data trend for Altiplano Metals'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.

Altiplano Metals Asset Turnover Chart

Altiplano Metals Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
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Altiplano Metals Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Jun24 Sep24 Dec24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.04 0.08 0.15 0.04

Competitive Comparison of Altiplano Metals's Asset Turnover

For the Other Industrial Metals & Mining subindustry, Altiplano Metals'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.


Altiplano Metals's Asset Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Altiplano Metals's Asset Turnover falls into.


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Altiplano Metals Asset Turnover Calculation

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

Altiplano Metals's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=0/( (6.965+3.625)/ 2 )
=0/5.295
=0.00

Altiplano Metals'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: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=0.158/( (3.93+3.906)/ 2 )
=0.158/3.918
=0.04

* 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.


Altiplano Metals  (STU:9AJ1) Asset Turnover Explanation

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

Altiplano Metals's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-1.552/1.2865
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.552 / 0.632)*(0.632 / 3.918)*(3.918/ 1.2865)
=Net Margin %*Asset Turnover*Equity Multiplier
=-245.57 %*0.1613*3.0455
=ROA %*Equity Multiplier
=-39.61 %*3.0455
=-120.64 %

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

Altiplano Metals's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-1.552/3.918
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.552 / 0.632)*(0.632 / 3.918)
=Net Margin %*Asset Turnover
=-245.57 %*0.1613
=-39.61 %

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


Altiplano Metals Asset Turnover Related Terms

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Altiplano Metals Business Description

Traded in Other Exchanges
Address
10545 - 45 Avenue NW, 250 Southridge NW, Suite 300, Edmonton, AB, CAN, T6H 4M9
Altiplano Metals Inc is a Canadian mineral development company focused on acquiring projects with the potential for advancement from discovery through to production. The company has a diversified portfolio of assets that include an operating copper/gold/iron mine, development of near-term producing gold/copper projects, and exploration land packages with district-scale potential. Some of the projects include the Santa Beatriz Project, Maria Luisa Property, Farellon Property, and Pastillas Gold Project.

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