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Baroyeca Gold & Silver (TSXV:BGS) Asset Turnover : 0.00 (As of Aug. 2024)


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What is Baroyeca Gold & Silver Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Baroyeca Gold & Silver's Revenue for the three months ended in Aug. 2024 was C$0.00 Mil. Baroyeca Gold & Silver's Total Assets for the quarter that ended in Aug. 2024 was C$0.45 Mil. Therefore, Baroyeca Gold & Silver's Asset Turnover for the quarter that ended in Aug. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Baroyeca Gold & Silver's annualized ROE % for the quarter that ended in Aug. 2024 was 550.00%. It is also linked to ROA % through Du Pont Formula. Baroyeca Gold & Silver's annualized ROA % for the quarter that ended in Aug. 2024 was -48.46%.


Baroyeca Gold & Silver Asset Turnover Historical Data

The historical data trend for Baroyeca Gold & Silver'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.

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Baroyeca Gold & Silver Asset Turnover Chart

Baroyeca Gold & Silver Annual Data
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Baroyeca Gold & Silver Quarterly Data
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Competitive Comparison of Baroyeca Gold & Silver's Asset Turnover

For the Other Industrial Metals & Mining subindustry, Baroyeca Gold & Silver'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.


Baroyeca Gold & Silver's Asset Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Baroyeca Gold & Silver's Asset Turnover falls into.



Baroyeca Gold & Silver Asset Turnover Calculation

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

Baroyeca Gold & Silver's Asset Turnover for the fiscal year that ended in May. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: May. 2024 )/( (Total Assets (A: May. 2023 )+Total Assets (A: May. 2024 ))/ count )
=0/( (0.411+0.332)/ 2 )
=0/0.3715
=0.00

Baroyeca Gold & Silver's Asset Turnover for the quarter that ended in Aug. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Aug. 2024 )/( (Total Assets (Q: May. 2024 )+Total Assets (Q: Aug. 2024 ))/ count )
=0/( (0.332+0.576)/ 2 )
=0/0.454
=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.


Baroyeca Gold & Silver  (TSXV:BGS) Asset Turnover Explanation

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

Baroyeca Gold & Silver's annulized ROE % for the quarter that ended in Aug. 2024 is

ROE %**(Q: Aug. 2024 )
=Net Income/Total Stockholders Equity
=-0.22/-0.04
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.22 / 0)*(0 / 0.454)*(0.454/ -0.04)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-11.35
=ROA %*Equity Multiplier
=-48.46 %*-11.35
=550.00 %

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

Baroyeca Gold & Silver's annulized ROA % for the quarter that ended in Aug. 2024 is

ROA %(Q: Aug. 2024 )
=Net Income/Total Assets
=-0.22/0.454
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.22 / 0)*(0 / 0.454)
=Net Margin %*Asset Turnover
= %*0
=-48.46 %

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


Baroyeca Gold & Silver Asset Turnover Related Terms

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Baroyeca Gold & Silver Business Description

Traded in Other Exchanges
Address
3702 West 10th Avenue, Vancouver, BC, CAN, V6R 2G4
Baroyeca Gold & Silver Inc is a Canada-based company primarily focused on exploration of precious metals projects in Colombia. The company's Atocha flagship silver project is located in the colonial richest primary silver district of northern Tolima, and Santa Barbara gold project in Bolivar. The Company has reportable segments being exploration and evaluation activities in Mexico and Colombia. The newly discovered Zapatocha Copper Project is in a new mining district in Santander.
Executives
Blair Lawrence Naughty 10% Security Holder
William Thomas Carr Director, Senior Officer
Richard Wilson Director
Brian Macnish Director