TGGCF (Toogood Gold) Asset Turnover: 0.00 (As of Nov. 2025)

What is Toogood Gold Asset Turnover?

Toogood Gold TGGCF Asset Turnover is 0.00 as of Nov. 2025.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Toogood Gold's Revenue for the three months ended in Nov. 2025 was $0.00 Mil. Toogood Gold's Total Assets for the quarter that ended in Nov. 2025 was $3.46 Mil. Therefore, Toogood Gold's Asset Turnover for the quarter that ended in Nov. 2025 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Toogood Gold's annualized ROE % for the quarter that ended in Nov. 2025 was -105.43%. It is also linked to ROA % through Du Pont Formula. Toogood Gold's annualized ROA % for the quarter that ended in Nov. 2025 was -94.21%.

Toogood Gold (OTCPK:TGGCF) Asset Turnover Explanation

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

Toogood Gold's annulized ROE % for the quarter that ended in Nov. 2025 is

	ROE %^**		(Q: Nov. 2025 )
=	Net Income	/	Total Stockholders Equity
=	-3.26	/	3.092
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-3.26 / 0)	*	(0 / 3.4605)	*	(3.4605/ 3.092)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	%	*	0	*	1.1192
=	ROA %	*	Equity Multiplier
=	-94.21 %	*	1.1192
=	-105.43 %

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

Toogood Gold's annulized ROA % for the quarter that ended in Nov. 2025 is

	ROA %		(Q: Nov. 2025 )
=	Net Income	/	Total Assets
=	-3.26	/	3.4605
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(-3.26 / 0)	*	(0 / 3.4605)
=	Net Margin %	*	Asset Turnover
=	%	*	0
=	-94.21 %

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

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.

Toogood Gold Asset Turnover Related Terms

Toogood Gold Asset Turnover Historical Data

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The historical data trend for Toogood Gold's Asset Turnover can be seen below:

Toogood Gold Asset Turnover Chart

Toogood Gold Annual Data

Trend

Asset Turnover

Toogood Gold Quarterly Data
	Aug24	Nov24	Feb25	May25	Aug25	Nov25
Asset Turnover	Get a 7-Day Free Trial			0.00	0.00	0.00	0.00	0.00

TGGCF vs NEM, AU: Asset Turnover Comparison

For the Gold subindustry, Toogood Gold'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.

Toogood Gold Asset Turnover vs Metals & Mining Industry

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

* The bar in red indicates where Toogood Gold's Asset Turnover falls into.

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Toogood Gold Asset Turnover Calculation

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

Toogood Gold's Asset Turnover for the fiscal year that ended in . 20 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (A: . 20 )	/	( (Total Assets (A: . 20 )	+	Total Assets (A: . 20 ))	/ count )
=		/	( (	+	)	/ )
=		/
=

Toogood Gold's Asset Turnover for the quarter that ended in Nov. 2025 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: Nov. 2025 )	/	( (Total Assets (Q: Aug. 2025 )	+	Total Assets (Q: Nov. 2025 ))	/ count )
=	0	/	( (3.196	+	3.725)	/ 2 )
=	0	/	3.4605
=	0.00

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?

Toogood Gold (TGGCF) has a Asset Turnover of 0.00 as of Nov. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Toogood Gold and its competitors.

Is Toogood Gold's Asset Turnover too high?

Toogood Gold's current Asset Turnover is 0.00.

How does Toogood Gold's Asset Turnover compare to NEM and AU?

Toogood Gold's 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 Toogood Gold and its competitors. Toogood Gold'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 Toogood Gold stock overvalued right now?

Toogood Gold (TGGCF) 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 Toogood Gold (TGGCF), the current Asset Turnover is 0.00 as of Nov. 2025. 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.

Toogood Gold Business Description

Industry Basic Materials Metals & Mining

Comparable Companies TSXV:BTU TSXV:LPK TSXV:AUGC XCNQ:BOOM TSXV:RCT TSXV:TRU TSXV:AUQ TSXV:ADG TSXV:WSK XCNQ:FNX SHSE:601899 NEM TSX:AEM TSX:ABX TSX:WPM AU TSX:FNV HKSE:02259 TSX:K JSE:GFI

Other Exchanges D3P:Germany TGC:Canada

Address 1030 West Georgia, Suite 1012, Vancouver, BC, CAN, V6E 2Y3

Website https://www.toogoodgoldcorp.com

Toogood Gold Corp is a Canadian exploration company focused on the discovery and development of high-grade gold deposits in Newfoundland, Canada. Its projects include the Toogood Gold Project.