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Mogotes metals (STU:OY4) Asset Turnover : 0.00 (As of Nov. 2024)


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What is Mogotes 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. Mogotes metals's Revenue for the three months ended in Nov. 2024 was €0.00 Mil. Mogotes metals's Total Assets for the quarter that ended in Nov. 2024 was €6.36 Mil. Therefore, Mogotes metals's Asset Turnover for the quarter that ended in Nov. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Mogotes metals's annualized ROE % for the quarter that ended in Nov. 2024 was -24.55%. It is also linked to ROA % through Du Pont Formula. Mogotes metals's annualized ROA % for the quarter that ended in Nov. 2024 was -23.76%.


Mogotes metals Asset Turnover Historical Data

The historical data trend for Mogotes 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.

Mogotes metals Asset Turnover Chart

Mogotes metals Annual Data
Trend Nov22 Nov23 Nov24
Asset Turnover
- - -

Mogotes metals Quarterly Data
Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Asset Turnover Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Mogotes metals's Asset Turnover

For the Other Industrial Metals & Mining subindustry, Mogotes 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.


Mogotes metals's Asset Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Mogotes metals's Asset Turnover falls into.


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Mogotes metals Asset Turnover Calculation

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

Mogotes metals's Asset Turnover for the fiscal year that ended in Nov. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Nov. 2024 )/( (Total Assets (A: Nov. 2023 )+Total Assets (A: Nov. 2024 ))/ count )
=0/( (1.277+7.636)/ 2 )
=0/4.4565
=0.00

Mogotes metals's Asset Turnover for the quarter that ended in Nov. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Nov. 2024 )/( (Total Assets (Q: Aug. 2024 )+Total Assets (Q: Nov. 2024 ))/ count )
=0/( (5.093+7.636)/ 2 )
=0/6.3645
=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.


Mogotes metals  (STU:OY4) Asset Turnover Explanation

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

Mogotes metals's annulized ROE % for the quarter that ended in Nov. 2024 is

ROE %**(Q: Nov. 2024 )
=Net Income/Total Stockholders Equity
=-1.512/6.1585
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.512 / 0)*(0 / 6.3645)*(6.3645/ 6.1585)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0334
=ROA %*Equity Multiplier
=-23.76 %*1.0334
=-24.55 %

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

Mogotes metals's annulized ROA % for the quarter that ended in Nov. 2024 is

ROA %(Q: Nov. 2024 )
=Net Income/Total Assets
=-1.512/6.3645
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.512 / 0)*(0 / 6.3645)
=Net Margin %*Asset Turnover
= %*0
=-23.76 %

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


Mogotes metals Asset Turnover Related Terms

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Mogotes metals Business Description

Traded in Other Exchanges
Address
217 Quen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Mogotes metals Inc is an exploration and development stage mining company engaged in the business of acquiring and exploring mineral properties in Argentina and Chile. Currently, the business objective of the Company is to identify a mineral resource deposit at the Filo Sur Project. The Company's principal property is the Filo Sur Project. The Filo Sur Project consists of 14 claims totaling 8,118 hectares located on the eastern flank of the Andes Cordillera, 350 kilometers northwest of the city of San Juan, San Juan Province and seven licenses totaling approximately 130 hectares located in Chile. The Filo Sur Project is adjacent to the international border between Chile and Argentina and the Atacama region in Northern Chile.

Mogotes metals Headlines

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