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Cyclone Metals (STU:HM5) Asset Turnover : 0.00 (As of Dec. 2023)


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What is Cyclone 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. Cyclone Metals's Revenue for the six months ended in Dec. 2023 was €0.00 Mil. Cyclone Metals's Total Assets for the quarter that ended in Dec. 2023 was €8.79 Mil. Therefore, Cyclone Metals's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Cyclone Metals's annualized ROE % for the quarter that ended in Dec. 2023 was -14.02%. It is also linked to ROA % through Du Pont Formula. Cyclone Metals's annualized ROA % for the quarter that ended in Dec. 2023 was -12.58%.


Cyclone Metals Asset Turnover Historical Data

The historical data trend for Cyclone 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.

Cyclone Metals Asset Turnover Chart

Cyclone Metals Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Asset Turnover
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Cyclone Metals Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Competitive Comparison of Cyclone Metals's Asset Turnover

For the Other Industrial Metals & Mining subindustry, Cyclone 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.


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

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

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



Cyclone Metals Asset Turnover Calculation

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

Cyclone Metals's Asset Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2024 )/( (Total Assets (A: Jun. 2023 )+Total Assets (A: Jun. 2024 ))/ count )
=0.012/( (8.489+7.471)/ 2 )
=0.012/7.98
=0.00

Cyclone Metals's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (8.489+9.1)/ 2 )
=0/8.7945
=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.


Cyclone Metals  (STU:HM5) Asset Turnover Explanation

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

Cyclone Metals's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-1.106/7.887
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.106 / 0)*(0 / 8.7945)*(8.7945/ 7.887)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.1151
=ROA %*Equity Multiplier
=-12.58 %*1.1151
=-14.02 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 2023) 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:

Cyclone Metals's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-1.106/8.7945
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.106 / 0)*(0 / 8.7945)
=Net Margin %*Asset Turnover
= %*0
=-12.58 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 2023) 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.


Cyclone Metals Asset Turnover Related Terms

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Cyclone Metals Business Description

Traded in Other Exchanges
Address
32 Harrogate Street, West Leederville, Perth, WA, AUS, 6007
Cyclone Metals Ltd is an Australian-based exploration and development company. It is focused on developing its flagship iron ore project, Iron Bear located in the Labrador Trough in Canada. The company also has interests in several exploration and mining projects and companies, providing exposure to lithium, iron ore, copper, and gold, assets globally. Along with its flagship project, the company's project portfolio includes the Nickol River Gold Project, the Wee MacGregor Project, the Kukuna Iron Ore Project, and others. Geographically, the company operates in Australia which accounts for a majority of its revenue, West Africa, Canada, and New Zealand.

Cyclone Metals Headlines

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